QUALCOMM Incorporated $QCOM Shares Purchased by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC boosted its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 6.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,053 shares of the wireless technology company’s stock after acquiring an additional 254 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in QUALCOMM were worth $645,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Denali Advisors LLC boosted its stake in shares of QUALCOMM by 35.0% in the second quarter. Denali Advisors LLC now owns 2,700 shares of the wireless technology company’s stock valued at $430,000 after purchasing an additional 700 shares during the period. Cookson Peirce & Co. Inc. lifted its holdings in QUALCOMM by 26.1% during the 2nd quarter. Cookson Peirce & Co. Inc. now owns 6,425 shares of the wireless technology company’s stock worth $1,023,000 after buying an additional 1,330 shares in the last quarter. Brookstone Capital Management lifted its holdings in QUALCOMM by 6.2% during the 2nd quarter. Brookstone Capital Management now owns 58,241 shares of the wireless technology company’s stock worth $9,275,000 after buying an additional 3,417 shares in the last quarter. Jacobsen Capital Management boosted its position in QUALCOMM by 9.3% in the 2nd quarter. Jacobsen Capital Management now owns 2,169 shares of the wireless technology company’s stock valued at $345,000 after buying an additional 185 shares during the period. Finally, Retirement Planning Group LLC grew its stake in shares of QUALCOMM by 85.8% in the second quarter. Retirement Planning Group LLC now owns 3,854 shares of the wireless technology company’s stock worth $614,000 after acquiring an additional 1,780 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

QUALCOMM Stock Performance

Shares of QUALCOMM stock opened at $169.27 on Thursday. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $182.10. The firm’s 50 day moving average is $162.94 and its two-hundred day moving average is $154.32. The firm has a market capitalization of $182.64 billion, a P/E ratio of 16.32, a P/E/G ratio of 2.46 and a beta of 1.23.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, topping the consensus estimate of $2.71 by $0.06. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The business had revenue of $10.37 billion during the quarter, compared to the consensus estimate of $10.33 billion. During the same quarter in the previous year, the firm earned $2.33 EPS. The company’s revenue was up 10.4% compared to the same quarter last year. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Research analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be given a $0.89 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.1%. QUALCOMM’s payout ratio is 34.33%.

Insider Buying and Selling

In other news, CFO Akash J. Palkhiwala sold 8,335 shares of the business’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $166.06, for a total value of $1,384,110.10. Following the completion of the sale, the chief financial officer directly owned 36,541 shares of the company’s stock, valued at approximately $6,067,998.46. The trade was a 18.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Patricia Y. Grech sold 273 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $161.42, for a total value of $44,067.66. Following the transaction, the chief accounting officer owned 404 shares in the company, valued at $65,213.68. This represents a 40.32% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 168,102 shares of company stock valued at $27,706,855 over the last ninety days. Company insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Piper Sandler cut their price objective on QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a research report on Thursday, July 31st. Citigroup restated a “hold” rating on shares of QUALCOMM in a report on Thursday, July 17th. Sanford C. Bernstein set a $185.00 price objective on QUALCOMM and gave the company an “outperform” rating in a research note on Monday, July 28th. Arete Research set a $200.00 target price on shares of QUALCOMM in a research note on Tuesday, August 26th. Finally, Wall Street Zen downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $183.27.

QUALCOMM Company Profile

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.