Noesis Capital Mangement Corp Acquires 4,357 Shares of Qualcomm Incorporated $QCOM

Noesis Capital Mangement Corp grew its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 3.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 138,305 shares of the wireless technology company’s stock after buying an additional 4,357 shares during the quarter. Qualcomm comprises approximately 3.0% of Noesis Capital Mangement Corp’s holdings, making the stock its 10th largest holding. Noesis Capital Mangement Corp’s holdings in Qualcomm were worth $25,454,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in Qualcomm during the second quarter valued at approximately $17,583,115,000. State Street Corp lifted its holdings in Qualcomm by 1.3% during the second quarter. State Street Corp now owns 52,763,263 shares of the wireless technology company’s stock worth $9,750,123,000 after buying an additional 671,537 shares during the period. Van ECK Associates Corp lifted its holdings in Qualcomm by 22.7% during the second quarter. Van ECK Associates Corp now owns 17,202,619 shares of the wireless technology company’s stock worth $3,178,872,000 after buying an additional 3,179,720 shares during the period. Amundi boosted its position in Qualcomm by 94.1% during the 2nd quarter. Amundi now owns 10,195,741 shares of the wireless technology company’s stock valued at $1,884,071,000 after acquiring an additional 4,942,908 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Qualcomm during the 2nd quarter valued at $1,523,930,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on QCOM shares. Freedom Capital upgraded Qualcomm from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. HSBC restated a “hold” rating on shares of Qualcomm in a research note on Wednesday, July 15th. UBS Group dropped their price objective on Qualcomm from $190.00 to $170.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qualcomm in a research note on Monday, September 21st. Finally, Robert W. Baird set a $400.00 target price on Qualcomm in a research note on Thursday, July 30th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-one have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Qualcomm currently has an average rating of “Hold” and a consensus price target of $205.83.

Qualcomm Price Performance

Shares of QCOM opened at $179.60 on Tuesday. The company has a market cap of $191.78 billion, a price-to-earnings ratio of 20.79, a price-to-earnings-growth ratio of 3.96 and a beta of 1.65. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. The company has a 50 day moving average of $176.11 and a two-hundred day moving average of $169.41.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.02). The firm had revenue of $9.95 billion during the quarter, compared to analysts’ expectations of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%. Qualcomm’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, analysts predict that Qualcomm Incorporated will post 7.71 earnings per share for the current fiscal year.

Qualcomm Announces Dividend

The firm 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 dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 2.0%. The ex-dividend date is Thursday, December 3rd. Qualcomm’s payout ratio is 42.59%.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm reaffirmed its quarterly dividend of $0.92 per share, with payment scheduled for December 17, supporting the stock’s income-investment appeal and signaling continued confidence in cash generation. Is QUALCOMM Undervalued After Reaffirming Its Dividend?
• Positive Sentiment: Recent trading strength and continued investor interest suggest some buyers view QCOM as undervalued after its pullback. The company’s longer-term shareholder returns and valuation are supporting the recovery. Qualcomm Laps the Stock Market
• Neutral Sentiment: Qualcomm is attracting unusually high investor attention ahead of its earnings update, which could increase volatility as the market assesses demand, margins and guidance. Qualcomm Investor Attention
• Negative Sentiment: Reports that Samsung’s Exynos 2700 may outperform Qualcomm’s chip and appear in the Galaxy S27 series raise concerns about lost smartphone design wins and share pressure in Qualcomm’s core handset business. Samsung Exynos 2700 Report
• Negative Sentiment: Planned worldwide job cuts reflect efforts to control rising costs, but they also point to management caution and potential pressure on near-term growth. Investors are watching whether the savings can offset weaker earnings expectations ahead of the upcoming report. Qualcomm Job Cuts and Earnings Outlook

Insider Activity

In other Qualcomm news, CAO Patricia Y. Grech sold 625 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $162.85, for a total value of $101,781.25. Following the completion of the sale, the chief accounting officer directly owned 208 shares in the company, valued at approximately $33,872.80. This trade represents a 75.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ann C. Chaplin sold 1,827 shares of the firm’s stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $174.75, for a total value of $319,268.25. Following the completion of the sale, the executive vice president directly owned 25,770 shares of the company’s stock, valued at approximately $4,503,307.50. This represents a 6.62% 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 33,458 shares of company stock worth $6,198,144 over the last quarter. Company insiders own 0.05% of the company’s stock.

Qualcomm Company Profile

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.