ST Germain D J Co. Inc. Cuts Stock Position in QUALCOMM Incorporated $QCOM

ST Germain D J Co. Inc. reduced its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 0.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 98,268 shares of the wireless technology company’s stock after selling 333 shares during the period. ST Germain D J Co. Inc.’s holdings in QUALCOMM were worth $15,650,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. WFA Asset Management Corp purchased a new stake in shares of QUALCOMM during the first quarter worth approximately $27,000. Vermillion & White Wealth Management Group LLC lifted its position 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 purchasing an additional 93 shares during the last quarter. Atlantic Edge Private Wealth Management LLC grew its stake in shares of QUALCOMM by 70.0% during the first 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 in the last quarter. Mascagni Wealth Management Inc. purchased a new position in QUALCOMM in the fourth quarter valued at $30,000. Finally, Wood Tarver Financial Group LLC acquired a new stake in QUALCOMM in the fourth quarter valued at $31,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

QUALCOMM Stock Down 2.2%

QCOM stock opened at $169.68 on Friday. The stock has a market capitalization of $183.08 billion, a PE ratio of 16.36, a price-to-earnings-growth ratio of 2.51 and a beta of 1.21. The company has a fifty day moving average of $158.38 and a 200-day moving average of $152.76. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $182.10.

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

QUALCOMM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th were given a $0.89 dividend. The ex-dividend date was Thursday, September 4th. This represents a $3.56 annualized dividend and a yield of 2.1%. QUALCOMM’s dividend payout ratio is presently 34.33%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on QCOM. Arete Research set a $200.00 price objective on QUALCOMM in a research report on Tuesday, August 26th. Bank of America dropped their price target on shares of QUALCOMM from $245.00 to $200.00 and set a “buy” rating on the stock in a research note on Tuesday, June 17th. Piper Sandler reduced their price objective on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating for the company in a research report on Thursday, July 31st. Sanford C. Bernstein set a $185.00 price objective on shares of QUALCOMM and gave the company an “outperform” rating in a research note on Monday, July 28th. Finally, Wall Street Zen cut QUALCOMM from a “buy” rating to a “hold” rating in a research report on Sunday, August 3rd. One investment 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 company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $182.82.

Insiders Place Their Bets

In other QUALCOMM news, CAO Patricia Y. Grech sold 201 shares of the business’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $170.00, for a total transaction of $34,170.00. Following the sale, the chief accounting officer directly owned 203 shares in the company, valued at approximately $34,510. The trade was a 49.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Akash J. Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $156.86, for a total transaction of $522,814.38. Following the transaction, the chief financial officer owned 39,874 shares of the company’s stock, valued at approximately $6,254,635.64. The trade was a 7.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,100 shares of company stock worth $2,026,291 in the last ninety days. 0.08% of the stock is owned by insiders.

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.