Oregon Public Employees Retirement Fund Acquires 28,495 Shares of QUALCOMM Incorporated $QCOM

Oregon Public Employees Retirement Fund grew its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 30.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 123,310 shares of the wireless technology company’s stock after buying an additional 28,495 shares during the period. Oregon Public Employees Retirement Fund’s holdings in QUALCOMM were worth $20,514,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. waypoint wealth counsel boosted its stake in QUALCOMM by 2.2% during the third quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock worth $476,000 after acquiring an additional 61 shares in the last quarter. Baron Wealth Management LLC grew its stake in shares of QUALCOMM by 4.5% in the 3rd quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock valued at $238,000 after buying an additional 62 shares during the period. Avion Wealth increased its position in QUALCOMM by 16.7% in the 2nd quarter. Avion Wealth now owns 441 shares of the wireless technology company’s stock valued at $70,000 after buying an additional 63 shares in the last quarter. Insight Advisors LLC PA raised its stake in QUALCOMM by 1.8% during the 2nd quarter. Insight Advisors LLC PA now owns 3,488 shares of the wireless technology company’s stock worth $556,000 after buying an additional 63 shares during the period. Finally, Capital Advantage Inc. boosted its holdings in QUALCOMM by 2.8% in the second quarter. Capital Advantage Inc. now owns 2,353 shares of the wireless technology company’s stock worth $375,000 after acquiring an additional 64 shares in the last quarter. Institutional investors own 74.35% of the company’s stock.

Analysts Set New Price Targets

QCOM has been the subject of a number of recent research reports. Citigroup boosted their price target on shares of QUALCOMM from $170.00 to $175.00 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. JPMorgan Chase & Co. boosted their target price on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. UBS Group raised 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, November 6th. Cowen reissued a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Finally, Bank of America increased their price target on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $191.56.

QUALCOMM Trading Up 0.9%

Shares of QCOM stock opened at $181.87 on Friday. The firm has a market cap of $194.78 billion, a P/E ratio of 37.19, a PEG ratio of 3.95 and a beta of 1.21. The company has a 50 day moving average of $173.31 and a 200-day moving average of $165.20. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating the consensus estimate of $2.87 by $0.13. The business had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The company’s revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Sell-side analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

Insider Activity

In other QUALCOMM news, CAO Patricia Y. Grech sold 203 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Heather S. Ace sold 1,600 shares of the stock in a transaction 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 $3,387,041.91. The trade was a 7.55% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 53,155 shares of company stock worth $9,267,593. Company insiders own 0.08% of the company’s stock.

About QUALCOMM

QUALCOMM Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.