QUALCOMM Incorporated $QCOM is Marco Investment Management LLC’s 7th Largest Position

Marco Investment Management LLC grew its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 3.7% in the second quarter, HoldingsChannel.com reports. The firm owned 203,193 shares of the wireless technology company’s stock after buying an additional 7,249 shares during the quarter. QUALCOMM comprises approximately 2.7% of Marco Investment Management LLC’s holdings, making the stock its 7th largest holding. Marco Investment Management LLC’s holdings in QUALCOMM were worth $32,361,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC lifted its holdings in QUALCOMM by 122.4% in the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after buying an additional 93 shares during the period. Chung Wu Investment Group LLC bought a new position in shares of QUALCOMM in the 2nd quarter worth about $32,000. Harbor Asset Planning Inc. purchased a new position in shares of QUALCOMM during the second quarter valued at approximately $32,000. Atticus Wealth Management LLC boosted its holdings in QUALCOMM by 21,200.0% in the second quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock worth $34,000 after acquiring an additional 212 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC grew its position 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 purchasing an additional 79 shares during the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have commented on QCOM. Bank of America increased their target price on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday. Susquehanna set a $210.00 price objective on shares of QUALCOMM in a report on Thursday. JPMorgan Chase & Co. increased their price objective on shares of QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday. Arete Research set a $200.00 target price on shares of QUALCOMM in a research report on Tuesday, August 26th. Finally, Piper Sandler boosted their target price on shares of QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $190.38.

QUALCOMM Stock Performance

NASDAQ:QCOM opened at $170.89 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. The stock has a 50-day simple moving average of $167.46 and a two-hundred day simple moving average of $157.89. The firm has a market capitalization of $184.39 billion, a PE ratio of 16.48, a P/E/G ratio of 2.59 and a beta of 1.26. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. The firm had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The business’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the previous year, the firm earned $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

The company also recently declared 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. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s dividend payout ratio is presently 34.33%.

Insider Activity

In related news, CAO Neil Martin sold 791 shares of the company’s stock in a transaction 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 transaction, the chief accounting officer owned 1,106 shares of the company’s stock, valued at approximately $171,230.92. This represents a 41.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Cristiano R. Amon sold 150,000 shares of the stock in a transaction on Wednesday, October 1st. The stock was 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 owned 149,304 shares of the company’s stock, valued at $24,718,770.24. The trade was a 50.12% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 163,169 shares of company stock valued at $26,978,998. Company insiders own 0.08% of the company’s stock.

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.