Impax Asset Management Group plc Purchases 44,597 Shares of QUALCOMM Incorporated $QCOM

Impax Asset Management Group plc grew its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 389.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 56,039 shares of the wireless technology company’s stock after acquiring an additional 44,597 shares during the quarter. Impax Asset Management Group plc’s holdings in QUALCOMM were worth $8,925,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Vermillion & White Wealth Management Group LLC boosted its position in shares of QUALCOMM by 122.4% during the first quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock valued at $26,000 after buying an additional 93 shares during the period. Chung Wu Investment Group LLC purchased a new stake in shares of QUALCOMM in the second quarter worth approximately $32,000. Harbor Asset Planning Inc. bought a new stake in shares of QUALCOMM during the 2nd quarter worth approximately $32,000. Atticus Wealth Management LLC boosted its holdings 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 acquiring an additional 212 shares during the period. Finally, CBIZ Investment Advisory Services LLC boosted its holdings in QUALCOMM by 44.6% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 256 shares of the wireless technology company’s stock valued at $39,000 after acquiring an additional 79 shares during the period. 74.35% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at QUALCOMM

In other news, CFO Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $170.33, for a total value of $567,709.89. Following the sale, the chief financial officer directly owned 33,208 shares in the company, valued at approximately $5,656,318.64. This trade represents a 9.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $172.87, for a total transaction of $276,592.00. Following the completion of the transaction, the insider directly owned 19,593 shares in the company, valued at approximately $3,387,041.91. The trade was a 7.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 168,305 shares of company stock valued at $27,858,392 over the last 90 days. Company insiders own 0.08% of the company’s stock.

QUALCOMM Price Performance

NASDAQ QCOM opened at $174.50 on Friday. The company has a market cap of $186.89 billion, a PE ratio of 16.83, a P/E/G ratio of 2.59 and a beta of 1.26. The firm’s 50 day moving average price is $168.67 and its 200-day moving average price is $158.74. 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 52-week low of $120.80 and a 52-week high of $205.95.

QUALCOMM (NASDAQ:QCOM) last posted its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. The company 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 was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Sell-side analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

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

Wall Street Analysts Forecast Growth

QCOM has been the topic of a number of recent analyst reports. Weiss Ratings lowered QUALCOMM from a “buy (b-)” rating to a “hold (c)” rating in a research note on Friday, November 7th. Susquehanna set a $210.00 price target on shares of QUALCOMM in a report on Thursday, November 6th. UBS Group raised their price target on shares of QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 price objective on shares of QUALCOMM in a research report on Thursday, November 6th. Finally, Wall Street Zen lowered shares of 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, thirteen have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $190.38.

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.