Qualcomm Incorporated $QCOM Stock Holdings Boosted by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC raised its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 514.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 387,282 shares of the wireless technology company’s stock after acquiring an additional 324,204 shares during the period. Qualcomm makes up 1.3% of Susquehanna Fundamental Investments LLC’s investment portfolio, making the stock its 6th biggest holding. Susquehanna Fundamental Investments LLC’s holdings in Qualcomm were worth $71,566,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC increased its stake in shares of Qualcomm by 116.6% during the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after acquiring an additional 9,343 shares during the period. Revolve Wealth Partners LLC boosted its holdings in Qualcomm by 15.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after purchasing an additional 340 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in Qualcomm by 44.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock valued at $530,000 after purchasing an additional 1,020 shares in the last quarter. Main Street Financial Solutions LLC increased its position in Qualcomm by 6.1% during the 2nd quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock worth $920,000 after purchasing an additional 333 shares during the period. Finally, Transamerica Financial Advisors LLC increased its position in Qualcomm by 9.7% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock worth $1,083,000 after purchasing an additional 603 shares during the period. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Qualcomm

In related news, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $147.04, for a total transaction of $470,528.00. Following the sale, the executive vice president directly owned 36,535 shares in the company, valued at approximately $5,372,106.40. This trade represents a 8.05% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 625 shares of Qualcomm stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $162.85, for a total transaction of $101,781.25. Following the sale, the chief accounting officer owned 208 shares in the company, valued at $33,872.80. This represents a 75.03% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 11,325 shares of company stock valued at $1,925,859 over the last 90 days. Corporate insiders own 0.05% of the company’s stock.

Qualcomm Stock Performance

NASDAQ:QCOM opened at $164.19 on Monday. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28. The firm has a market cap of $172.44 billion, a PE ratio of 19.00, a P/E/G ratio of 15.16 and a beta of 1.65. The firm has a 50 day simple moving average of $172.49 and a 200-day simple moving average of $168.85. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $259.92.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.23 by ($0.02). The business had revenue of $9.95 billion for the quarter, compared to analysts’ expectations of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The business’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter last year, the company posted $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, equities analysts expect that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be given a $0.92 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 annualized dividend and a dividend yield of 2.2%. Qualcomm’s dividend payout ratio is presently 42.59%.

Wall Street Analyst Weigh In

QCOM has been the topic of a number of recent analyst reports. DZ Bank raised Qualcomm from a “hold” rating to a “buy” rating and set a $265.00 price objective on the stock in a report on Friday, June 26th. TD Cowen decreased their target price on shares of Qualcomm from $225.00 to $175.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Lake Street Capital cut shares of Qualcomm to a “hold” rating in a research note on Thursday, June 25th. Freedom Capital upgraded shares of Qualcomm from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Finally, Craig Hallum cut shares of Qualcomm from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $203.76.

Qualcomm Profile

Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.