Aviva PLC lifted its holdings in QUALCOMM Incorporated (NASDAQ:QCOM – Free Report) by 6.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 827,397 shares of the wireless technology company’s stock after buying an additional 50,735 shares during the quarter. Aviva PLC’s holdings in QUALCOMM were worth $131,771,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of QCOM. Vermillion & White Wealth Management Group LLC boosted 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 in the last quarter. Chung Wu Investment Group LLC acquired a new stake in shares of QUALCOMM in the second quarter valued at about $32,000. Harbor Asset Planning Inc. purchased a new stake in QUALCOMM during the second quarter worth about $32,000. Atticus Wealth Management LLC boosted its holdings in QUALCOMM by 21,200.0% during the second quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock worth $34,000 after buying an additional 212 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC grew its position in QUALCOMM by 44.6% during the first quarter. CBIZ Investment Advisory Services LLC now owns 256 shares of the wireless technology company’s stock worth $39,000 after buying an additional 79 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.
Analyst Ratings Changes
QCOM has been the subject of a number of research reports. UBS Group lifted their price target on shares of QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a research report on Thursday. Cowen reaffirmed a “buy” rating on shares of QUALCOMM in a report on Thursday. Piper Sandler boosted their target price on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday. Arete Research set a $200.00 price target on QUALCOMM in a research report on Tuesday, August 26th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $225.00 price target on shares of QUALCOMM in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $190.38.
QUALCOMM Stock Performance
NASDAQ QCOM opened at $170.89 on Friday. 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 Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95. The business has a fifty day moving average of $167.46 and a 200-day moving average of $157.89. The stock has a market cap of $184.39 billion, a price-to-earnings ratio of 16.48, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26.
QUALCOMM (NASDAQ:QCOM – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. During the same quarter last year, the business posted $2.69 EPS. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, analysts predict that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.
QUALCOMM Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be issued a dividend of $0.89 per share. The ex-dividend date is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.1%. QUALCOMM’s payout ratio is 34.33%.
Insider Activity
In related news, CAO Neil Martin sold 791 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total transaction of $122,462.62. Following the transaction, the chief accounting officer owned 1,106 shares of the company’s stock, valued at approximately $171,230.92. This represents a 41.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Akash J. Palkhiwala sold 8,335 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $166.06, for a total transaction of $1,384,110.10. Following the sale, the chief financial officer owned 36,541 shares in the company, valued at approximately $6,067,998.46. This trade represents a 18.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 163,169 shares of company stock worth $26,978,998. Corporate insiders own 0.08% of the company’s stock.
About QUALCOMM
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.
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