JB Capital LLC Purchases 6,505 Shares of QUALCOMM Incorporated $QCOM

JB Capital LLC raised its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 10.3% in the 3rd quarter, Holdings Channel reports. The firm owned 69,838 shares of the wireless technology company’s stock after purchasing an additional 6,505 shares during the quarter. JB Capital LLC’s holdings in QUALCOMM were worth $11,618,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in QCOM. Harbor Capital Advisors Inc. lifted its holdings in QUALCOMM by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after buying an additional 65 shares in the last quarter. Chung Wu Investment Group LLC purchased a new position in shares of QUALCOMM during the second quarter worth approximately $32,000. Harbor Asset Planning Inc. bought a new stake in shares of QUALCOMM during the second quarter valued at approximately $32,000. Winnow Wealth LLC purchased a new stake in shares of QUALCOMM in the second quarter valued at approximately $32,000. Finally, Lavaca Capital LLC bought a new position in QUALCOMM in the second quarter worth approximately $32,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

QUALCOMM Trading Up 0.1%

Shares of NASDAQ:QCOM opened at $173.65 on Wednesday. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. 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 firm has a market capitalization of $185.98 billion, a P/E ratio of 35.51, a P/E/G ratio of 3.80 and a beta of 1.22. The business’s 50-day moving average is $173.25 and its 200 day moving average is $164.25.

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

QUALCOMM Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were given a $0.89 dividend. The ex-dividend date was Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.1%. QUALCOMM’s dividend payout ratio is 72.80%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on QCOM. Mizuho lifted their target price on QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $185.00 price objective on shares of QUALCOMM in a research note on Tuesday, December 16th. Piper Sandler raised their target price on shares of QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Finally, Bank of America upped their price target on shares of QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Thirteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $192.94.

Insider Activity

In related news, EVP Alexander H. Rogers sold 15,917 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $178.01, for a total value of $2,833,385.17. Following the completion of the sale, the executive vice president owned 26,071 shares of the company’s stock, valued at approximately $4,640,898.71. This represents a 37.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Patricia Y. Grech sold 513 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $160.95, for a total value of $82,567.35. Following the completion of the transaction, the chief accounting officer owned 203 shares in the company, valued at $32,672.85. This represents a 71.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 49,822 shares of company stock valued at $8,689,984 in the last 90 days. 0.08% of the stock is owned by insiders.

About QUALCOMM

QUALCOMM Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.