Phoenix Financial Ltd. Has $4.20 Million Stock Holdings in QUALCOMM Incorporated $QCOM

Phoenix Financial Ltd. decreased its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 26.1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 26,402 shares of the wireless technology company’s stock after selling 9,314 shares during the period. Phoenix Financial Ltd.’s holdings in QUALCOMM were worth $4,201,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Capital Advantage Inc. raised its holdings in QUALCOMM by 2.8% during the 2nd quarter. Capital Advantage Inc. now owns 2,353 shares of the wireless technology company’s stock worth $375,000 after buying an additional 64 shares during the period. Rise Advisors LLC boosted its holdings in shares of QUALCOMM by 6.7% in the first quarter. Rise Advisors LLC now owns 1,048 shares of the wireless technology company’s stock valued at $161,000 after buying an additional 66 shares during the period. Bell Investment Advisors Inc increased its position in shares of QUALCOMM by 4.6% during the first quarter. Bell Investment Advisors Inc now owns 1,504 shares of the wireless technology company’s stock worth $231,000 after acquiring an additional 66 shares in the last quarter. Collaborative Wealth Managment Inc. raised its holdings in shares of QUALCOMM by 5.1% during the first quarter. Collaborative Wealth Managment Inc. now owns 1,412 shares of the wireless technology company’s stock worth $217,000 after acquiring an additional 69 shares during the period. Finally, Thoroughbred Financial Services LLC boosted its stake in QUALCOMM by 0.3% in the 1st quarter. Thoroughbred Financial Services LLC now owns 25,254 shares of the wireless technology company’s stock worth $3,879,000 after purchasing an additional 69 shares during the period. 74.35% of the stock is currently owned by institutional investors.

QUALCOMM Stock Up 1.1%

QCOM opened at $168.83 on Wednesday. The stock has a market cap of $182.17 billion, a PE ratio of 16.28, a price-to-earnings-growth ratio of 2.43 and a beta of 1.23. The stock’s fifty day simple moving average is $162.68 and its 200 day simple moving average is $154.22. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $182.10. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, beating analysts’ consensus estimates of $2.71 by $0.06. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm had revenue of $10.37 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same period in the prior year, the firm posted $2.33 EPS. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, research analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders 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 2.1%. The ex-dividend date of this dividend is Thursday, December 4th. QUALCOMM’s dividend payout ratio (DPR) is currently 34.33%.

Insider Buying and Selling

In other news, CAO Neil Martin sold 791 shares of the stock in a transaction dated 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Cristiano R. Amon sold 150,000 shares of the firm’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 transaction of $24,834,000.00. Following the completion of the sale, the chief executive officer owned 149,304 shares in the company, valued at $24,718,770.24. This represents a 50.12% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 168,102 shares of company stock worth $27,706,855. 0.08% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have issued reports on the company. UBS Group lifted their price target on QUALCOMM from $145.00 to $165.00 and gave the company a “neutral” rating in a research note on Monday, July 21st. Sanford C. Bernstein set a $185.00 target price on QUALCOMM and gave the company an “outperform” rating in a research report on Monday, July 28th. JPMorgan Chase & Co. upped their price target on QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. Weiss Ratings reissued a “hold (c+)” rating on shares of QUALCOMM in a research report on Wednesday, October 8th. Finally, Citigroup restated a “hold” rating on shares of QUALCOMM in a report on Thursday, July 17th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $182.82.

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.