Mutual of America Capital Management LLC Cuts Stock Holdings in QUALCOMM Incorporated $QCOM

Mutual of America Capital Management LLC reduced its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 7.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 116,893 shares of the wireless technology company’s stock after selling 8,918 shares during the quarter. Mutual of America Capital Management LLC’s holdings in QUALCOMM were worth $19,446,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Harbor Capital Advisors Inc. grew its position in QUALCOMM by 72.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 65 shares in the last quarter. Chung Wu Investment Group LLC purchased a new position in shares of QUALCOMM in the 2nd quarter worth approximately $32,000. Harbor Asset Planning Inc. bought a new position in shares of QUALCOMM in the second quarter valued at approximately $32,000. Winnow Wealth LLC purchased a new stake in shares of QUALCOMM during the second quarter valued at approximately $32,000. Finally, Lavaca Capital LLC purchased a new stake in shares of QUALCOMM during the second quarter valued at approximately $32,000. 74.35% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on QCOM. Mizuho set a $160.00 price objective on QUALCOMM in a research note on Monday. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 price objective on shares of QUALCOMM in a report on Thursday, November 6th. TD Cowen reiterated a “buy” rating on shares of QUALCOMM in a research report on Thursday, November 6th. JPMorgan Chase & Co. lifted their target price on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Finally, Wells Fargo & Company boosted their price target on shares of QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research report on Thursday, November 6th. Ten analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $190.44.

QUALCOMM Stock Performance

NASDAQ QCOM opened at $155.82 on Monday. The company has a fifty day moving average of $170.36 and a 200-day moving average of $165.54. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. The company has a market capitalization of $166.42 billion, a P/E ratio of 31.87, a P/E/G ratio of 3.47 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOM) last issued 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. The business had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.QUALCOMM’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, equities research analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be issued a dividend of $0.89 per share. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.3%. QUALCOMM’s dividend payout ratio is currently 72.80%.

Insider Activity at QUALCOMM

In other QUALCOMM news, EVP Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $173.30, for a total value of $577,608.90. Following the completion of the sale, the executive vice president owned 38,932 shares in the company, valued at approximately $6,746,915.60. The trade was a 7.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Patricia Y. Grech sold 203 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 44,820 shares of company stock worth $7,883,482 over the last three months. Corporate insiders own 0.05% of the company’s stock.

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.