NORTHSTAR ASSET MANAGEMENT Co Cuts Stake in QUALCOMM Incorporated $QCOM

NORTHSTAR ASSET MANAGEMENT Co reduced its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 1.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 19,429 shares of the wireless technology company’s stock after selling 200 shares during the quarter. NORTHSTAR ASSET MANAGEMENT Co’s holdings in QUALCOMM were worth $3,094,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. PKO Investment Management Joint Stock Co grew its stake in QUALCOMM by 29.7% during the 2nd quarter. PKO Investment Management Joint Stock Co now owns 64,000 shares of the wireless technology company’s stock valued at $10,193,000 after acquiring an additional 14,648 shares in the last quarter. DDD Partners LLC lifted its holdings in shares of QUALCOMM by 29.5% in the 2nd quarter. DDD Partners LLC now owns 154,437 shares of the wireless technology company’s stock worth $24,596,000 after acquiring an additional 35,178 shares during the last quarter. West Michigan Advisors LLC lifted its holdings in shares of QUALCOMM by 6.9% in the 2nd quarter. West Michigan Advisors LLC now owns 4,398 shares of the wireless technology company’s stock worth $700,000 after acquiring an additional 282 shares during the last quarter. ARGA Investment Management LP lifted its holdings in shares of QUALCOMM by 3.9% in the 2nd quarter. ARGA Investment Management LP now owns 173,484 shares of the wireless technology company’s stock worth $27,629,000 after acquiring an additional 6,558 shares during the last quarter. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych acquired a new position in shares of QUALCOMM in the 2nd quarter worth approximately $159,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Transactions at QUALCOMM

In related 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 value of $234,240.00. Following the transaction, the insider owned 21,193 shares of the company’s stock, valued at approximately $3,102,655.20. This trade represents a 7.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 transaction, the chief accounting officer directly owned 1,106 shares in the company, 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. Insiders have sold a total of 168,102 shares of company stock valued at $27,706,855 over the last quarter. Insiders own 0.08% of the company’s stock.

QUALCOMM Stock Down 0.6%

Shares of NASDAQ QCOM opened at $168.94 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. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $182.10. The firm has a 50-day moving average price of $163.40 and a 200 day moving average price of $154.91. The stock has a market capitalization of $182.29 billion, a price-to-earnings ratio of 16.29, a price-to-earnings-growth ratio of 2.47 and a beta of 1.23.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings data 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 net margin of 26.77% and a return on equity of 40.35%. The company’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.89 per share. The ex-dividend date is Thursday, December 4th. This represents a $3.56 annualized dividend and a yield of 2.1%. QUALCOMM’s dividend payout ratio is presently 34.33%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on QCOM. Arete upgraded shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price objective on the stock in a report on Tuesday, August 26th. Arete Research set a $200.00 target price on shares of QUALCOMM in a report on Tuesday, August 26th. Piper Sandler reduced their target price on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a report on Thursday, July 31st. Rosenblatt Securities reiterated a “buy” rating and set a $225.00 target price on shares of QUALCOMM in a report on Thursday, July 31st. Finally, Mizuho reduced their target price on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating on the stock in a report on Thursday, July 31st. One research 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’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $183.27.

QUALCOMM 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.