QUALCOMM Incorporated $QCOM Shares Purchased by National Pension Service

National Pension Service raised its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 0.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,556,849 shares of the wireless technology company’s stock after purchasing an additional 9,773 shares during the period. National Pension Service’s holdings in QUALCOMM were worth $407,204,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Brighton Jones LLC grew its stake in QUALCOMM by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after purchasing an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of QUALCOMM by 15.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after buying an additional 340 shares during the last quarter. Bleakley Financial Group LLC boosted its stake in shares of QUALCOMM by 3.5% during the 1st quarter. Bleakley Financial Group LLC now owns 34,563 shares of the wireless technology company’s stock valued at $5,309,000 after buying an additional 1,159 shares during the last quarter. Signaturefd LLC grew its position in shares of QUALCOMM by 7.9% during the first quarter. Signaturefd LLC now owns 19,964 shares of the wireless technology company’s stock worth $3,067,000 after buying an additional 1,465 shares in the last quarter. Finally, Apollon Wealth Management LLC increased its stake in shares of QUALCOMM by 44.6% in the first quarter. Apollon Wealth Management LLC now owns 42,927 shares of the wireless technology company’s stock worth $6,594,000 after buying an additional 13,247 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on QCOM. Susquehanna set a $210.00 price objective on shares of QUALCOMM in a research note on Thursday, November 6th. Cowen restated a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. UBS Group lifted their price target on QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Arete raised QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price objective for the company in a report on Tuesday, August 26th. Finally, Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a report on Sunday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $190.38.

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, CEO Cristiano R. Amon sold 150,000 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $165.56, for a total value of $24,834,000.00. Following the sale, the chief executive officer directly owned 149,304 shares in the company, valued at approximately $24,718,770.24. This trade represents a 50.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Patricia Y. Grech sold 273 shares of the business’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $161.42, for a total transaction of $44,067.66. Following the transaction, the chief accounting officer directly owned 404 shares of the company’s stock, valued at approximately $65,213.68. This trade represents a 40.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 168,305 shares of company stock worth $27,858,392. 0.08% of the stock is owned by company insiders.

QUALCOMM Trading Up 1.4%

NASDAQ QCOM opened at $173.98 on Wednesday. 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 $205.95. The company has a 50-day simple moving average of $167.98 and a 200-day simple moving average of $158.50. The firm has a market capitalization of $186.33 billion, a PE ratio of 16.78, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.13. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The firm had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. During the same quarter in the prior year, the business earned $2.69 earnings per share. QUALCOMM’s quarterly revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be issued a $0.89 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.0%. QUALCOMM’s dividend payout ratio (DPR) is 72.80%.

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.