Qualcomm Incorporated $QCOM Stock Holdings Reduced by Capital Investment Advisors LLC

Capital Investment Advisors LLC cut its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 9.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 374,648 shares of the wireless technology company’s stock after selling 37,545 shares during the quarter. Capital Investment Advisors LLC’s holdings in Qualcomm were worth $68,950,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Fifth Third Wealth Advisors LLC increased its stake in Qualcomm by 12.8% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 40,688 shares of the wireless technology company’s stock worth $7,488,000 after purchasing an additional 4,602 shares during the period. Sterling Capital Management LLC raised its holdings in Qualcomm by 1,465.1% during the 3rd quarter. Sterling Capital Management LLC now owns 85,206 shares of the wireless technology company’s stock valued at $15,681,000 after buying an additional 79,762 shares during the last quarter. XXI Wealth LLC boosted its position in Qualcomm by 15.8% during the 3rd quarter. XXI Wealth LLC now owns 3,711 shares of the wireless technology company’s stock valued at $683,000 after buying an additional 507 shares during the period. BIP Wealth LLC boosted its position in Qualcomm by 15.9% during the 3rd quarter. BIP Wealth LLC now owns 1,990 shares of the wireless technology company’s stock valued at $366,000 after buying an additional 273 shares during the period. Finally, River Street Advisors LLC grew its holdings in Qualcomm by 0.8% in the 3rd quarter. River Street Advisors LLC now owns 10,159 shares of the wireless technology company’s stock worth $1,870,000 after acquiring an additional 85 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors.

Qualcomm Trading Up 1.8%

NASDAQ QCOM opened at $175.91 on Friday. The stock’s 50 day moving average is $176.17 and its 200 day moving average is $181.00. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $187.84 billion, a PE ratio of 20.36, a P/E/G ratio of 3.89 and a beta of 1.65. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month 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 analysts’ consensus estimates of $2.23 by ($0.02). Qualcomm had a return on equity of 38.36% and a net margin of 21.01%. The business had revenue of $9.95 billion during the quarter, compared to analysts’ expectations of $9.69 billion. During the same period in the prior year, the company earned $2.77 earnings per share. The firm’s quarterly revenue was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Research analysts forecast that Qualcomm Incorporated will post 7.71 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be paid a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, December 3rd. Qualcomm’s dividend payout ratio is currently 42.59%.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: ETFs recorded approximately $141.5 million in net Qualcomm purchases on Tuesday, followed by additional ETF buying reported for October 21. Passive and institutional demand can provide near-term support for QCOM. Qualcomm sees $141.5 million in net ETF buying
• Positive Sentiment: An analyst upgrade and a higher price target of $200 signal improving sentiment and suggest potential upside from current valuation levels. Qualcomm stock jumps on analyst upgrade Qualcomm price target raised to $200
• Positive Sentiment: A bullish investment thesis argues Qualcomm is being undervalued as it builds businesses in automotive, data centers and custom silicon, potentially making it a longer-term artificial-intelligence beneficiary rather than solely a handset-chip company. This chip stock could be a sleeper AI winner
• Positive Sentiment: Qualcomm declared a quarterly dividend of $0.92 per share, or $3.68 annualized, representing an approximately 2.1% yield and reinforcing its shareholder-return appeal. Qualcomm declares quarterly dividend
• Neutral Sentiment: Qualcomm will release fiscal fourth-quarter and full-year 2026 results after the market closes on November 4. The report and guidance are the next major catalysts for the stock. Qualcomm schedules fiscal 2026 earnings release
• Neutral Sentiment: Coverage from 37 analysts highlights substantial investor attention ahead of earnings, while a valuation review says the shares are near fair value after strong long-term gains. Qualcomm schedules November results Qualcomm stock remains near fair value
• Negative Sentiment: Erste Group cut its fiscal 2027 EPS forecast to $7.28 from $7.31, below the broader consensus estimate of $7.71, indicating modest pressure on forward earnings expectations. Qualcomm earnings estimate cut
• Negative Sentiment: Qualcomm’s executive vice president sold approximately $437,650 of company stock, which may weigh modestly on sentiment, although a single insider transaction is not necessarily a change in business outlook. Qualcomm insider selling
• Negative Sentiment: Comparisons with Intel point to Qualcomm’s more uneven revenue trend and recent sequential declines. Reports also describe automotive growth being offset by pressure on handset earnings, keeping smartphone weakness a key risk. Intel versus Qualcomm revenue comparison Qualcomm automotive growth and handset pressure

Analysts Set New Price Targets

Several brokerages have recently commented on QCOM. TD Cowen upped their price objective on shares of Qualcomm from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, October 19th. Citigroup cut their target price on Qualcomm from $198.00 to $175.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. Barclays restated an “underweight” rating on shares of Qualcomm in a report on Wednesday, September 9th. Mizuho upped their price target on Qualcomm from $170.00 to $210.00 and gave the company a “neutral” rating in a research report on Monday, June 29th. Finally, DZ Bank upgraded Qualcomm from a “hold” rating to a “buy” rating and set a $265.00 price objective for the company in a report on Friday, June 26th. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty-one have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $205.83.

Insider Transactions at Qualcomm

In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $175.06, for a total transaction of $437,650.00. Following the completion of the sale, the executive vice president directly owned 20,799 shares in the company, valued at approximately $3,641,072.94. This trade represents a 10.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 208 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $170.00, for a total transaction of $35,360.00. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 33,458 shares of company stock valued at $6,198,144. 0.05% of the stock is currently owned by corporate insiders.

Qualcomm Profile

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.