QUALCOMM Incorporated $QCOM Stake Lifted by Boston Partners

Boston Partners raised its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 43.4% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 437,541 shares of the wireless technology company’s stock after buying an additional 132,452 shares during the quarter. Boston Partners’ holdings in QUALCOMM were worth $69,622,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC grew its holdings in QUALCOMM by 116.6% in the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after buying an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in QUALCOMM by 15.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock worth $391,000 after acquiring an additional 340 shares during the period. Massachusetts Financial Services Co. MA grew its stake in shares of QUALCOMM by 1.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 1,495,358 shares of the wireless technology company’s stock worth $229,702,000 after purchasing an additional 17,829 shares in the last quarter. First Command Advisory Services Inc. increased its holdings in shares of QUALCOMM by 14.8% during the first quarter. First Command Advisory Services Inc. now owns 1,990 shares of the wireless technology company’s stock valued at $306,000 after purchasing an additional 257 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in shares of QUALCOMM by 13.0% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 24,833 shares of the wireless technology company’s stock valued at $3,815,000 after purchasing an additional 2,860 shares during the period. Institutional investors own 74.35% of the company’s stock.

Insiders Place Their Bets

In other 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 completion of the sale, the chief executive officer owned 149,304 shares of the company’s stock, valued at $24,718,770.24. This trade represents a 50.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Patricia Y. Grech sold 203 shares of QUALCOMM stock in a transaction on Friday, November 7th. The shares were sold at an average price of $172.87, for a total value of $35,092.61. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 168,305 shares of company stock worth $27,858,392 in the last quarter. Corporate insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company increased their target price on shares of QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research report on Thursday, November 6th. Arete upgraded shares of 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. Cowen reiterated a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Rosenblatt Securities restated a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a research report on Thursday, November 6th. Finally, Weiss Ratings lowered QUALCOMM from a “buy (b-)” rating to a “hold (c)” rating in a research note on Friday, November 7th. One investment 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 assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $190.38.

QUALCOMM Stock Up 1.5%

Shares of QUALCOMM stock opened at $176.67 on Thursday. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. The firm has a market capitalization of $189.21 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. The stock’s fifty day moving average is $168.37 and its 200-day moving average is $158.63.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. The business had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.QUALCOMM’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter last year, the company posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current 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 2.0%. QUALCOMM’s payout ratio is currently 72.80%.

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.