Moody National Bank Trust Division Has $2.13 Million Stock Holdings in Qualcomm Incorporated $QCOM

Moody National Bank Trust Division decreased its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 29.4% during the 4th quarter, HoldingsChannel reports. The firm owned 12,424 shares of the wireless technology company’s stock after selling 5,173 shares during the quarter. Moody National Bank Trust Division’s holdings in Qualcomm were worth $2,125,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of QCOM. Balefire LLC boosted its stake in Qualcomm by 102.8% in the fourth quarter. Balefire LLC now owns 7,570 shares of the wireless technology company’s stock valued at $1,295,000 after buying an additional 3,838 shares in the last quarter. Brucke Financial Inc. raised its stake in Qualcomm by 5.7% during the fourth quarter. Brucke Financial Inc. now owns 5,187 shares of the wireless technology company’s stock worth $887,000 after acquiring an additional 282 shares in the last quarter. DAVENPORT & Co LLC lifted its holdings in shares of Qualcomm by 3.6% in the fourth quarter. DAVENPORT & Co LLC now owns 69,241 shares of the wireless technology company’s stock worth $11,847,000 after acquiring an additional 2,432 shares during the last quarter. Pensionfund Sabic acquired a new stake in shares of Qualcomm in the 4th quarter valued at approximately $2,480,000. Finally, Stolper Co boosted its stake in shares of Qualcomm by 1.7% in the 4th quarter. Stolper Co now owns 33,684 shares of the wireless technology company’s stock valued at $5,762,000 after purchasing an additional 575 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

QCOM has been the subject of a number of research analyst reports. Rosenblatt Securities lowered their price objective on shares of Qualcomm from $225.00 to $190.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. Argus dropped their price target on Qualcomm from $205.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Evercore reduced their price objective on Qualcomm from $157.00 to $134.00 and set an “in-line” rating on the stock in a research report on Thursday, February 5th. Mizuho lowered their target price on Qualcomm from $160.00 to $140.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Finally, Cantor Fitzgerald cut their price target on Qualcomm from $185.00 to $160.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $168.00.

Qualcomm Trading Up 0.2%

NASDAQ QCOM opened at $128.67 on Wednesday. The firm has a market capitalization of $137.29 billion, a PE ratio of 26.58 and a beta of 1.25. The business’s 50-day moving average price is $143.07 and its two-hundred day moving average price is $160.92. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. Qualcomm Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The firm had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.16 billion. During the same period last year, the company posted $3.41 EPS. The business’s quarterly revenue was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, analysts expect that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a $0.89 dividend. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a dividend yield of 2.8%. Qualcomm’s payout ratio is currently 73.55%.

Qualcomm announced that its board has initiated a share repurchase plan on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In other news, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the completion of the sale, the executive vice president directly owned 35,599 shares of the company’s stock, valued at $4,900,202.35. This trade represents a 8.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the sale, the executive vice president directly owned 16,393 shares in the company, valued at approximately $2,245,841. This represents a 16.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 9,866 shares of company stock worth $1,474,796 in the last quarter. 0.05% of the stock is owned by corporate insiders.

Qualcomm Company Profile

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.