IQ EQ FUND MANAGEMENT IRELAND Ltd Purchases 9,276 Shares of QUALCOMM Incorporated $QCOM

IQ EQ FUND MANAGEMENT IRELAND Ltd grew its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 21.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 52,730 shares of the wireless technology company’s stock after buying an additional 9,276 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in QUALCOMM were worth $8,398,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of QCOM. Atlantic Edge Private Wealth Management LLC boosted its stake in QUALCOMM by 70.0% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock valued at $26,000 after acquiring an additional 70 shares in the last quarter. Vermillion & White Wealth Management Group LLC boosted its position in shares of QUALCOMM by 122.4% in 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 in the last quarter. Chung Wu Investment Group LLC acquired a new stake in shares of QUALCOMM in the 2nd quarter worth $32,000. Harbor Asset Planning Inc. purchased a new position in QUALCOMM during the 2nd quarter worth $32,000. Finally, Atticus Wealth Management LLC increased its position in QUALCOMM by 21,200.0% during the 2nd quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock valued at $34,000 after buying an additional 212 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling at QUALCOMM

In related news, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $146.40, for a total value of $234,240.00. Following the completion of the transaction, the insider owned 21,193 shares in the company, valued at $3,102,655.20. The trade was a 7.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Patricia Y. Grech sold 201 shares of the company’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $170.00, for a total value of $34,170.00. Following the transaction, the chief accounting officer directly owned 203 shares of the company’s stock, valued at approximately $34,510. The trade was a 49.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 168,102 shares of company stock worth $27,706,855. 0.08% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have weighed in on QCOM. Arete Research set a $200.00 price target on QUALCOMM in a report on Tuesday, August 26th. Piper Sandler lowered their target price on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating for the company in a research note on Thursday, July 31st. Sanford C. Bernstein set a $185.00 price target on shares of QUALCOMM and gave the stock an “outperform” rating in a report on Monday, July 28th. Rosenblatt Securities reissued a “buy” rating and set a $225.00 price objective on shares of QUALCOMM in a report on Thursday, July 31st. Finally, Susquehanna upped their target price on QUALCOMM from $190.00 to $200.00 and gave the company a “positive” rating in a research report on Wednesday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, QUALCOMM has a consensus rating of “Moderate Buy” and an average price target of $183.73.

QUALCOMM Stock Up 11.1%

QUALCOMM stock opened at $187.68 on Tuesday. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95. The firm has a market cap of $202.51 billion, a price-to-earnings ratio of 18.10, a price-to-earnings-growth ratio of 2.45 and a beta of 1.23. The business’s 50-day moving average price is $163.97 and its 200 day moving average price is $155.51. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54.

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

QUALCOMM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be given a $0.89 dividend. The ex-dividend date is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 1.9%. QUALCOMM’s dividend payout ratio is 34.33%.

QUALCOMM Company 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.