Saturna Capital Corp Purchases 903 Shares of QUALCOMM Incorporated $QCOM

Saturna Capital Corp increased its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 1.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,813 shares of the wireless technology company’s stock after acquiring an additional 903 shares during the period. Saturna Capital Corp’s holdings in QUALCOMM were worth $8,092,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in QCOM. Guinness Asset Management LTD boosted its position in QUALCOMM by 11.6% in the second quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock valued at $8,824,000 after buying an additional 5,779 shares in the last quarter. CORDA Investment Management LLC. lifted its stake in shares of QUALCOMM by 18.6% in the 2nd quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock valued at $3,579,000 after acquiring an additional 3,524 shares during the last quarter. PFG Advisors lifted its stake in shares of QUALCOMM by 8.0% in the 1st quarter. PFG Advisors now owns 4,314 shares of the wireless technology company’s stock valued at $663,000 after acquiring an additional 321 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of QUALCOMM by 12.3% during the 1st quarter. Russell Investments Group Ltd. now owns 1,328,759 shares of the wireless technology company’s stock valued at $203,904,000 after acquiring an additional 145,509 shares in the last quarter. Finally, Manchester Capital Management LLC grew its position in QUALCOMM by 0.5% during the 1st quarter. Manchester Capital Management LLC now owns 24,169 shares of the wireless technology company’s stock worth $3,713,000 after acquiring an additional 129 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at QUALCOMM

In related news, 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 owned 404 shares in the company, valued at $65,213.68. The trade was a 40.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Cristiano R. Amon sold 150,000 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the transaction, the chief executive officer directly owned 149,304 shares in the company, valued at approximately $24,718,770.24. This represents a 50.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 168,305 shares of company stock valued at $27,858,392. 0.08% of the stock is owned by insiders.

QUALCOMM Price Performance

Shares of NASDAQ QCOM opened at $165.06 on Wednesday. The company has a market capitalization of $176.78 billion, a PE ratio of 15.92, a P/E/G 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. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The firm has a fifty day simple moving average of $169.21 and a 200 day simple moving average of $159.48.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly 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. 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 the consensus estimate of $10.74 billion. During the same period last year, the business posted $2.69 EPS. The business’s 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. On average, sell-side analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be issued a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s payout ratio is presently 72.80%.

Wall Street Analyst Weigh In

Several research firms have commented on QCOM. UBS Group increased their target price on QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Mizuho raised their price objective on shares of QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Wells Fargo & Company lifted their target price on shares of QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a research report on Thursday, November 6th. Arete raised shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 target price on the stock in a report on Tuesday, August 26th. Finally, TD Cowen raised their price target on shares of QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $190.38.

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.