Qualcomm Incorporated $QCOM Shares Bought by McGuire Investment Group LLC

McGuire Investment Group LLC lifted its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 2.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 134,671 shares of the wireless technology company’s stock after acquiring an additional 3,042 shares during the period. Qualcomm accounts for approximately 2.2% of McGuire Investment Group LLC’s holdings, making the stock its 13th biggest position. McGuire Investment Group LLC’s holdings in Qualcomm were worth $24,785,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in QCOM. Middleton & Co. Inc. MA lifted its position in Qualcomm by 1.1% in the third quarter. Middleton & Co. Inc. MA now owns 78,535 shares of the wireless technology company’s stock worth $14,454,000 after purchasing an additional 891 shares during the period. Simplicity Wealth LLC boosted its stake in Qualcomm by 15.6% during the 3rd quarter. Simplicity Wealth LLC now owns 10,503 shares of the wireless technology company’s stock valued at $1,933,000 after purchasing an additional 1,420 shares in the last quarter. Carolina Wealth Advisors LLC increased its position in shares of Qualcomm by 1.4% during the 3rd quarter. Carolina Wealth Advisors LLC now owns 9,624 shares of the wireless technology company’s stock valued at $1,771,000 after purchasing an additional 129 shares during the period. Sowell Financial Services LLC increased its position in shares of Qualcomm by 4.1% during the 3rd quarter. Sowell Financial Services LLC now owns 30,606 shares of the wireless technology company’s stock valued at $5,633,000 after purchasing an additional 1,198 shares during the period. Finally, Mondrian Investment Partners LTD increased its position in shares of Qualcomm by 27.0% during the 3rd quarter. Mondrian Investment Partners LTD now owns 6,200 shares of the wireless technology company’s stock valued at $1,141,000 after purchasing an additional 1,319 shares during the period. 74.35% of the stock is currently owned by institutional investors.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: ETFs recorded approximately $141.5 million in net Qualcomm purchases on Tuesday, followed by additional ETF buying reported for October 21. Passive and institutional demand can provide near-term support for QCOM. Qualcomm sees $141.5 million in net ETF buying
• Positive Sentiment: An analyst upgrade and a higher price target of $200 signal improving sentiment and suggest potential upside from current valuation levels. Qualcomm stock jumps on analyst upgrade Qualcomm price target raised to $200
• Positive Sentiment: A bullish investment thesis argues Qualcomm is being undervalued as it builds businesses in automotive, data centers and custom silicon, potentially making it a longer-term artificial-intelligence beneficiary rather than solely a handset-chip company. This chip stock could be a sleeper AI winner
• Positive Sentiment: Qualcomm declared a quarterly dividend of $0.92 per share, or $3.68 annualized, representing an approximately 2.1% yield and reinforcing its shareholder-return appeal. Qualcomm declares quarterly dividend
• Neutral Sentiment: Qualcomm will release fiscal fourth-quarter and full-year 2026 results after the market closes on November 4. The report and guidance are the next major catalysts for the stock. Qualcomm schedules fiscal 2026 earnings release
• Neutral Sentiment: Coverage from 37 analysts highlights substantial investor attention ahead of earnings, while a valuation review says the shares are near fair value after strong long-term gains. Qualcomm schedules November results Qualcomm stock remains near fair value
• Negative Sentiment: Erste Group cut its fiscal 2027 EPS forecast to $7.28 from $7.31, below the broader consensus estimate of $7.71, indicating modest pressure on forward earnings expectations. Qualcomm earnings estimate cut
• Negative Sentiment: Qualcomm’s executive vice president sold approximately $437,650 of company stock, which may weigh modestly on sentiment, although a single insider transaction is not necessarily a change in business outlook. Qualcomm insider selling
• Negative Sentiment: Comparisons with Intel point to Qualcomm’s more uneven revenue trend and recent sequential declines. Reports also describe automotive growth being offset by pressure on handset earnings, keeping smartphone weakness a key risk. Intel versus Qualcomm revenue comparison Qualcomm automotive growth and handset pressure

Analyst Upgrades and Downgrades

Several research analysts have issued reports on QCOM shares. Piper Sandler started coverage on shares of Qualcomm in a research report on Wednesday, September 9th. They issued a “neutral” rating and a $190.00 price target on the stock. Robert W. Baird set a $400.00 price objective on Qualcomm in a research report on Thursday, July 30th. Sanford C. Bernstein reissued a “market perform” rating on shares of Qualcomm in a research note on Wednesday, September 9th. Freedom Capital upgraded Qualcomm from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Finally, Royal Bank Of Canada boosted their target price on Qualcomm from $160.00 to $180.00 and gave the stock a “sector perform” rating in a research report on Wednesday, September 9th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty-one have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Qualcomm presently has an average rating of “Hold” and an average target price of $205.83.

Qualcomm Price Performance

Shares of NASDAQ:QCOM opened at $175.91 on Friday. The stock has a market capitalization of $187.84 billion, a P/E ratio of 20.36, a P/E/G ratio of 3.96 and a beta of 1.65. The business has a 50-day moving average of $176.17 and a two-hundred day moving average of $181.00. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $259.92. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28.

Qualcomm (NASDAQ:QCOM) last announced its 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 for the quarter, compared to the consensus estimate of $9.69 billion. During the same period in the previous year, the company earned $2.77 EPS. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, equities research analysts predict that Qualcomm Incorporated will post 7.71 EPS for the current fiscal year.

Qualcomm Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, December 3rd will be paid a $0.92 dividend. The ex-dividend date is Thursday, December 3rd. This represents a $3.68 dividend on an annualized basis and a yield of 2.1%. Qualcomm’s dividend payout ratio (DPR) is presently 42.59%.

Insider Transactions at Qualcomm

In related news, CAO Patricia Grech sold 625 shares of Qualcomm stock in a transaction on Friday, August 21st. The shares were sold at an average price of $162.85, for a total value of $101,781.25. Following the transaction, the chief accounting officer owned 208 shares in the company, valued at $33,872.80. This trade represents a 75.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano Amon sold 10,000 shares of the company’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $200.00, for a total transaction of $2,000,000.00. Following the sale, the chief executive officer owned 177,568 shares of the company’s stock, valued at $35,513,600. This trade represents a 5.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 33,458 shares of company stock worth $6,198,144. Corporate insiders own 0.05% of the company’s stock.

About Qualcomm

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.