Wedbush Securities Inc. Has $8.50 Million Stock Holdings in QUALCOMM Incorporated $QCOM

Wedbush Securities Inc. boosted its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 2.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,390 shares of the wireless technology company’s stock after acquiring an additional 1,241 shares during the period. Wedbush Securities Inc.’s holdings in QUALCOMM were worth $8,503,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in QUALCOMM by 0.6% in the first quarter. Vanguard Group Inc. now owns 114,368,470 shares of the wireless technology company’s stock valued at $17,568,141,000 after buying an additional 638,284 shares in the last quarter. Kingstone Capital Partners Texas LLC lifted its position in shares of QUALCOMM by 656,661.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock valued at $9,360,274,000 after buying an additional 58,764,593 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in QUALCOMM by 6.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 10,422,341 shares of the wireless technology company’s stock worth $1,600,976,000 after purchasing an additional 641,654 shares during the period. Invesco Ltd. boosted its holdings in shares of QUALCOMM by 2.2% during the 1st quarter. Invesco Ltd. now owns 9,846,093 shares of the wireless technology company’s stock worth $1,512,458,000 after buying an additional 215,900 shares during the period. Finally, Ameriprise Financial Inc. grew its position in shares of QUALCOMM by 5.3% in the first quarter. Ameriprise Financial Inc. now owns 9,389,620 shares of the wireless technology company’s stock valued at $1,441,847,000 after purchasing an additional 471,648 shares during the last quarter. Institutional investors own 74.35% of the company’s stock.

QUALCOMM Price Performance

Shares of 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. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95. The firm has a market cap of $183.02 billion, a PE ratio of 16.48, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26. The firm’s fifty day moving average is $167.46 and its 200-day moving average is $157.89.

QUALCOMM (NASDAQ:QCOM) last announced its earnings results 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 return on equity of 40.35% and a net margin of 26.77%.The business had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. During the same period last year, the company earned $2.69 EPS. QUALCOMM’s revenue for the quarter was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Sell-side analysts predict that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be issued a $0.89 dividend. 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 72.80%.

Insider Activity

In other news, CAO Patricia Y. Grech sold 201 shares of the stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $170.00, for a total transaction of $34,170.00. Following the completion of the sale, the chief accounting officer directly owned 203 shares in the company, valued at $34,510. This represents a 49.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Neil Martin sold 791 shares of QUALCOMM stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $154.82, for a total transaction of $122,462.62. Following the transaction, the chief accounting officer directly owned 1,106 shares of the company’s stock, valued at $171,230.92. This represents a 41.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 163,169 shares of company stock worth $26,978,998. 0.08% of the stock is owned by company insiders.

Analysts Set New Price Targets

QCOM has been the topic of several research reports. Piper Sandler upped their price target on shares of QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday. TD Cowen boosted their price target on QUALCOMM from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday. Cowen reissued a “buy” rating on shares of QUALCOMM in a research note on Thursday. Arete raised shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 target price on the stock in a research note on Tuesday, August 26th. Finally, Arete Research set a $200.00 price target on shares of QUALCOMM in a report on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $190.38.

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.