Vise Technologies Inc. Raises Stock Holdings in Qualcomm Incorporated $QCOM

Vise Technologies Inc. boosted its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 71.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,611 shares of the wireless technology company’s stock after purchasing an additional 32,019 shares during the quarter. Vise Technologies Inc.’s holdings in Qualcomm were worth $14,157,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in Qualcomm by 37.0% in the second quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 23,104 shares of the wireless technology company’s stock worth $4,339,000 after purchasing an additional 6,239 shares in the last quarter. E Fund Management Co. Ltd. lifted its position in shares of Qualcomm by 3.1% during the second quarter. E Fund Management Co. Ltd. now owns 65,444 shares of the wireless technology company’s stock valued at $12,093,000 after buying an additional 1,964 shares during the last quarter. MSH Capital Advisors LLC bought a new stake in shares of Qualcomm in the 2nd quarter valued at about $228,000. Toews Corp ADV purchased a new position in shares of Qualcomm in the 2nd quarter worth approximately $145,000. Finally, Edmond DE Rothschild Holding S.A. grew its position in shares of Qualcomm by 25.7% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 13,328 shares of the wireless technology company’s stock worth $2,463,000 after buying an additional 2,724 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on QCOM. Benchmark decreased their target price on shares of Qualcomm from $300.00 to $270.00 and set a “buy” rating for the company in a research report on Monday, July 27th. Bank of America upped their price target on Qualcomm from $165.00 to $195.00 and gave the stock an “underperform” rating in a research report on Tuesday, June 23rd. Dbs Bank upgraded Qualcomm to a “moderate buy” rating in a report on Tuesday, July 7th. Daiwa Securities Group raised Qualcomm from a “neutral” rating to an “outperform” rating and set a $225.00 price objective for the company in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. boosted their target price on Qualcomm from $160.00 to $265.00 and gave the stock a “neutral” rating in a research note on Friday, June 5th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $203.63.

Insider Buying and Selling

In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of Qualcomm stock in a transaction dated Tuesday, July 14th. The stock was sold at an average price of $180.81, for a total transaction of $452,025.00. Following the completion of the sale, the executive vice president owned 23,184 shares of the company’s stock, valued at approximately $4,191,899.04. The trade was a 9.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 625 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $162.85, for a total value of $101,781.25. Following the sale, the chief accounting officer owned 208 shares in the company, valued at approximately $33,872.80. The trade was a 75.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 11,325 shares of company stock worth $1,925,859 in the last 90 days. Insiders own 0.05% of the company’s stock.

Qualcomm Stock Up 0.0%

NASDAQ:QCOM opened at $160.75 on Friday. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92. The company has a market cap of $168.83 billion, a PE ratio of 18.61, a P/E/G ratio of 14.84 and a beta of 1.65. The company’s 50 day moving average is $178.26 and its two-hundred day moving average is $168.01.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) 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 company 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 business posted $2.77 EPS. The company’s quarterly revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Analysts anticipate that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be paid a $0.92 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a yield of 2.3%. Qualcomm’s dividend payout ratio (DPR) is 42.59%.

Qualcomm Profile

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.