QUALCOMM Incorporated $QCOM Shares Sold by Investment House LLC

Investment House LLC lowered its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 3.3% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 134,493 shares of the wireless technology company’s stock after selling 4,577 shares during the period. QUALCOMM accounts for approximately 1.1% of Investment House LLC’s portfolio, making the stock its 25th biggest holding. Investment House LLC’s holdings in QUALCOMM were worth $21,419,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in QUALCOMM by 116.6% in the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after purchasing an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of QUALCOMM by 15.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after purchasing an additional 340 shares during the last quarter. LGT Fund Management Co Ltd. increased its holdings in shares of QUALCOMM by 5.6% in the first quarter. LGT Fund Management Co Ltd. now owns 4,630 shares of the wireless technology company’s stock valued at $711,000 after purchasing an additional 247 shares during the last quarter. Dagco Inc. purchased a new position in QUALCOMM during the first quarter worth approximately $185,000. Finally, FengHe Fund Management Pte. Ltd. acquired a new position in QUALCOMM during the first quarter worth $14,916,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

QUALCOMM Trading Up 3.5%

NASDAQ QCOM opened at $182.21 on Thursday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. The stock has a market capitalization of $195.15 billion, a P/E ratio of 37.26, a PEG ratio of 3.85 and a beta of 1.22. The firm’s 50-day moving average is $170.29 and its two-hundred day moving average is $161.75. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The business had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. During the same period in the previous year, the firm earned $2.69 EPS. The business’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, sell-side analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s dividend payout ratio (DPR) is currently 72.80%.

Wall Street Analyst Weigh In

QCOM has been the subject of a number of recent research reports. Cowen reaffirmed a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Mizuho upped their price objective on shares of QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of QUALCOMM in a research report on Monday. 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 report on Thursday, November 6th. Finally, UBS Group increased their price target on shares of QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $191.00.

Insider Transactions at QUALCOMM

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $172.87, for a total value of $276,592.00. Following the completion of the transaction, the insider directly owned 19,593 shares of the company’s stock, valued at $3,387,041.91. The trade was a 7.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Patricia Y. Grech sold 203 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $170.00, for a total transaction of $34,510.00. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 164,661 shares of company stock valued at $27,292,820. Corporate insiders own 0.08% of the company’s stock.

QUALCOMM Company Profile

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.