Arlington Trust Co LLC Has $1.24 Million Holdings in QUALCOMM Incorporated $QCOM

Arlington Trust Co LLC reduced its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,774 shares of the wireless technology company’s stock after selling 100 shares during the period. Arlington Trust Co LLC’s holdings in QUALCOMM were worth $1,238,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of QCOM. Atlantic Edge Private Wealth Management LLC increased its position in QUALCOMM by 70.0% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 70 shares during the last quarter. Vermillion & White Wealth Management Group LLC boosted its stake in shares of QUALCOMM by 122.4% during the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after acquiring an additional 93 shares in the last quarter. WFA Asset Management Corp bought a new stake in shares of QUALCOMM during the 1st quarter worth about $27,000. Sunbeam Capital Management LLC bought a new stake in shares of QUALCOMM during the 4th quarter worth about $29,000. Finally, Mascagni Wealth Management Inc. bought a new stake in shares of QUALCOMM during the 4th quarter worth about $30,000. 74.35% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other QUALCOMM news, CFO Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $156.86, for a total value of $522,814.38. Following the transaction, the chief financial officer directly owned 39,874 shares in the company, valued at approximately $6,254,635.64. This trade represents a 7.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Neil Martin sold 791 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $154.82, for a total value of $122,462.62. Following the completion of the transaction, the chief accounting officer owned 1,106 shares in the company, valued at $171,230.92. This represents a 41.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,626 shares of company stock valued at $1,948,054. Company insiders own 0.08% of the company’s stock.

QUALCOMM Trading Up 0.2%

Shares of QCOM opened at $161.83 on Monday. The stock has a 50 day simple moving average of $156.39 and a 200-day simple moving average of $152.01. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $182.10. The stock has a market cap of $174.61 billion, a PE ratio of 15.61, a PEG ratio of 2.35 and a beta of 1.21. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, beating analysts’ consensus estimates of $2.71 by $0.06. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm had revenue of $10.37 billion during the quarter, compared to analysts’ expectations of $10.33 billion. During the same period last year, the firm posted $2.33 EPS. The business’s revenue was up 10.4% on a year-over-year basis. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, sell-side analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 4th will be issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, September 4th. QUALCOMM’s dividend payout ratio (DPR) is currently 34.33%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. UBS Group upped their price target on QUALCOMM from $145.00 to $165.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Piper Sandler decreased their target price on QUALCOMM from $190.00 to $175.00 and set an “overweight” rating for the company in a research note on Thursday, July 31st. Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Citigroup restated a “hold” rating on shares of QUALCOMM in a research note on Thursday, July 17th. Finally, Arete Research set a $200.00 target price on QUALCOMM in a research note on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $182.82.

QUALCOMM Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.