Measured Risk Portfolios Inc. reduced its stake in QUALCOMM Incorporated (NASDAQ:QCOM – Free Report) by 1.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,556 shares of the wireless technology company’s stock after selling 79 shares during the quarter. Measured Risk Portfolios Inc.’s holdings in QUALCOMM were worth $885,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Beacon Financial Advisory LLC raised its position in QUALCOMM by 2.9% in the 2nd quarter. Beacon Financial Advisory LLC now owns 10,456 shares of the wireless technology company’s stock valued at $1,665,000 after buying an additional 293 shares during the last quarter. Gemmer Asset Management LLC raised its position in QUALCOMM by 1.3% in the 2nd quarter. Gemmer Asset Management LLC now owns 10,333 shares of the wireless technology company’s stock valued at $1,646,000 after buying an additional 128 shares during the last quarter. Carolina Wealth Advisors LLC raised its position in QUALCOMM by 727.8% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 596 shares of the wireless technology company’s stock valued at $95,000 after buying an additional 524 shares during the last quarter. Wealthcare Advisory Partners LLC raised its position in QUALCOMM by 12.5% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 21,378 shares of the wireless technology company’s stock valued at $3,405,000 after buying an additional 2,372 shares during the last quarter. Finally, BridgePort Financial Solutions LLC purchased a new stake in QUALCOMM in the 2nd quarter valued at $469,000. 74.35% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research firms recently commented on QCOM. Arete raised QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a research report on Tuesday, August 26th. JPMorgan Chase & Co. raised their target price on QUALCOMM from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Monday, July 28th. Sanford C. Bernstein set a $185.00 target price on QUALCOMM and gave the company an “outperform” rating in a research report on Monday, July 28th. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a research report on Sunday, August 3rd. Finally, Mizuho decreased their target price on QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a research report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $182.82.
QUALCOMM Stock Up 0.2%
QCOM stock opened at $169.18 on Friday. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $182.55 billion, a PE ratio of 16.31, a PEG ratio of 2.47 and a beta of 1.23. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $182.10. The stock has a 50-day simple moving average of $159.51 and a two-hundred day simple moving average of $153.25.
QUALCOMM (NASDAQ:QCOM – Get Free Report) last posted its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, beating analysts’ consensus estimates of $2.71 by $0.06. The business had revenue of $10.37 billion during the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.33 EPS. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, equities analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.
QUALCOMM Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th were given a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Thursday, September 4th. QUALCOMM’s dividend payout ratio (DPR) is 34.33%.
Insider Activity
In other news, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $146.40, for a total transaction of $234,240.00. Following the completion of the sale, the insider owned 21,193 shares in the company, valued at approximately $3,102,655.20. This trade represents a 7.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Neil Martin sold 791 shares of QUALCOMM stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $154.82, for a total value of $122,462.62. Following the sale, the chief accounting officer owned 1,106 shares of the company’s stock, valued at approximately $171,230.92. This trade represents a 41.70% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 159,767 shares of company stock worth $26,322,745. Company insiders own 0.08% of the company’s stock.
About QUALCOMM
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.
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