National Pension Service Raises Holdings in QUALCOMM Incorporated $QCOM

National Pension Service increased its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 0.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,556,849 shares of the wireless technology company’s stock after purchasing an additional 9,773 shares during the period. National Pension Service owned 0.24% of QUALCOMM worth $407,204,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Guinness Asset Management LTD boosted its position in QUALCOMM by 11.6% during the second quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock worth $8,824,000 after acquiring an additional 5,779 shares during the last quarter. CORDA Investment Management LLC. lifted its stake in shares of QUALCOMM by 18.6% during the 2nd quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock worth $3,579,000 after purchasing an additional 3,524 shares during the period. PFG Advisors boosted its holdings in shares of QUALCOMM by 8.0% during the first quarter. PFG Advisors now owns 4,314 shares of the wireless technology company’s stock worth $663,000 after purchasing an additional 321 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of QUALCOMM by 12.3% in the first quarter. Russell Investments Group Ltd. now owns 1,328,759 shares of the wireless technology company’s stock valued at $203,904,000 after purchasing an additional 145,509 shares during the period. Finally, Manchester Capital Management LLC increased its stake in QUALCOMM by 0.5% in the first quarter. Manchester Capital Management LLC now owns 24,169 shares of the wireless technology company’s stock valued at $3,713,000 after purchasing an additional 129 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on QCOM. Susquehanna set a $210.00 price target on QUALCOMM in a research note on Thursday, November 6th. 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. Weiss Ratings downgraded shares of QUALCOMM from a “buy (b-)” rating to a “hold (c)” rating in a report on Friday. UBS Group upped their price target on shares of QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Finally, TD Cowen boosted their price objective on shares of QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $190.38.

Insider Buying and Selling

In related news, CFO Akash J. Palkhiwala sold 8,335 shares of the firm’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $166.06, for a total transaction of $1,384,110.10. Following the sale, the chief financial officer directly owned 36,541 shares in the company, valued at approximately $6,067,998.46. This trade represents a 18.57% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Heather S. Ace sold 1,600 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $172.87, for a total value of $276,592.00. Following the completion of the transaction, the insider owned 19,593 shares of the company’s stock, valued at approximately $3,387,041.91. This represents a 7.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 168,305 shares of company stock valued at $27,858,392 over the last ninety days. Insiders own 0.08% of the company’s stock.

QUALCOMM Trading Up 1.4%

NASDAQ QCOM opened at $173.98 on Wednesday. The firm has a market capitalization of $186.33 billion, a price-to-earnings ratio of 16.78, a PEG ratio of 2.59 and a beta of 1.26. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The company’s 50 day moving average price is $167.98 and its 200 day moving average price is $158.50.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $0.13. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The company had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. During the same quarter in the prior year, the business earned $2.69 earnings per share. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, sell-side analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders 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 annualized dividend and a yield of 2.0%. QUALCOMM’s dividend payout ratio (DPR) is 72.80%.

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.