Sienna Gestion Has $7.97 Million Position in QUALCOMM Incorporated $QCOM

Sienna Gestion raised its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 9.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,833 shares of the wireless technology company’s stock after acquiring an additional 4,858 shares during the period. Sienna Gestion’s holdings in QUALCOMM were worth $7,973,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Vermillion & White Wealth Management Group LLC lifted its stake in QUALCOMM by 122.4% during the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock valued at $26,000 after acquiring an additional 93 shares in the last quarter. Chung Wu Investment Group LLC bought a new position in QUALCOMM during the 2nd quarter valued at $32,000. Harbor Asset Planning Inc. bought a new position in QUALCOMM during the 2nd quarter valued at $32,000. Atticus Wealth Management LLC lifted its stake in QUALCOMM by 21,200.0% during the 2nd quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock valued at $34,000 after acquiring an additional 212 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC lifted its stake in QUALCOMM by 44.6% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 256 shares of the wireless technology company’s stock valued at $39,000 after acquiring an additional 79 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors.

QUALCOMM Stock Up 4.0%

QCOM stock opened at $179.72 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. The firm has a market capitalization of $193.92 billion, a PE ratio of 17.33, a PEG ratio of 2.59 and a beta of 1.26. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The stock has a 50-day simple moving average of $167.01 and a two-hundred day simple moving average of $157.54.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, topping the consensus estimate of $2.87 by $0.13. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.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 previous year, the firm earned $2.69 earnings per share. QUALCOMM’s revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 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 disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be issued a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s payout ratio is presently 34.33%.

Insider Buying and Selling at QUALCOMM

In other news, CEO Cristiano R. Amon sold 150,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total value of $24,834,000.00. Following the completion of the sale, the chief executive officer directly owned 149,304 shares in the company, valued at approximately $24,718,770.24. The trade was a 50.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Neil Martin sold 791 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total value of $122,462.62. Following the completion of the sale, the chief accounting officer owned 1,106 shares of the company’s stock, valued at $171,230.92. The trade was a 41.70% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 163,169 shares of company stock valued at $26,978,998. Insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Arete upgraded QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price objective on the stock in a research note on Tuesday, August 26th. Arete Research set a $200.00 target price on QUALCOMM in a research note on Tuesday, August 26th. Susquehanna lifted their target price on QUALCOMM from $190.00 to $200.00 and gave the stock a “positive” rating in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. lifted their target price on QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research note on Tuesday. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $225.00 target price on shares of QUALCOMM in a research note on Tuesday, October 28th. 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’s stock. According to MarketBeat, QUALCOMM has an average rating of “Moderate Buy” and an average target price of $184.41.

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.