Three Seasons Wealth LLC trimmed its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 87.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,484 shares of the wireless technology company’s stock after selling 9,984 shares during the period. Three Seasons Wealth LLC’s holdings in Qualcomm were worth $274,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of QCOM. Rogco LP raised its stake in shares of Qualcomm by 6.4% in the 2nd quarter. Rogco LP now owns 3,394 shares of the wireless technology company’s stock valued at $627,000 after acquiring an additional 205 shares during the period. Syon Capital LLC boosted its position in Qualcomm by 35.8% during the 2nd quarter. Syon Capital LLC now owns 4,923 shares of the wireless technology company’s stock worth $910,000 after purchasing an additional 1,297 shares during the period. Premier Path Wealth Partners LLC boosted its position in Qualcomm by 9.1% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 6,120 shares of the wireless technology company’s stock worth $1,131,000 after purchasing an additional 512 shares during the period. Lakeshore Financial Planning Inc. acquired a new stake in Qualcomm in the 2nd quarter valued at $268,000. Finally, NEOS Investment Management LLC increased its holdings in Qualcomm by 8.5% in the 2nd quarter. NEOS Investment Management LLC now owns 797,157 shares of the wireless technology company’s stock valued at $147,307,000 after purchasing an additional 62,629 shares in the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of brokerages have commented on QCOM. Mizuho boosted their price objective on Qualcomm from $170.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, June 29th. Citigroup lowered their target price on Qualcomm from $198.00 to $175.00 and set a “neutral” rating for the company in a research note on Wednesday, July 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qualcomm in a report on Wednesday, June 24th. Raymond James Financial started coverage on Qualcomm in a research report on Thursday, June 25th. They set a “strong-buy” rating on the stock. Finally, Guggenheim set a $200.00 price target on Qualcomm in a report on Monday, June 22nd. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $203.76.
Qualcomm Stock Performance
NASDAQ:QCOM opened at $168.74 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28. The firm has a 50-day moving average of $169.05 and a two-hundred day moving average of $169.65. The stock has a market cap of $177.22 billion, a P/E ratio of 19.53, a PEG ratio of 3.52 and a beta of 1.68. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $259.92.
Qualcomm (NASDAQ:QCOM – Get Free Report) last announced its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The business had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.69 billion. During the same quarter in the prior year, the business earned $2.77 earnings per share. The firm’s revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, research analysts expect that Qualcomm Incorporated will post 7.74 earnings per share for the current fiscal year.
Qualcomm Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Thursday, September 3rd. Qualcomm’s dividend payout ratio (DPR) is 42.59%.
Insider Buying and Selling at Qualcomm
In other Qualcomm news, CAO Patricia Grech sold 208 shares of Qualcomm stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $170.00, for a total transaction of $35,360.00. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather Ace sold 3,200 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $147.04, for a total value of $470,528.00. Following the completion of the transaction, the executive vice president directly owned 36,535 shares in the company, valued at approximately $5,372,106.40. The trade was a 8.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,533 shares of company stock worth $1,961,219 in the last 90 days. 0.05% of the stock is owned by corporate insiders.
Key Qualcomm News
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Qualcomm is backing a $70 million funding round for Ultrahuman, supporting development of smart rings powered by Qualcomm chips. The devices are expected to run on-device AI, software and gesture-control functions, expanding Qualcomm’s reach beyond smartphones into advanced wearables. Why Is Qualcomm Backing a $70 Million Bet on Smart Rings?
- Positive Sentiment: Qualcomm raised its quarterly dividend by 3.4% to $0.92 per share, representing roughly $983 million in shareholder distributions and reinforcing its appeal to income-focused investors. Qualcomm Raises Quarterly Dividend
- Positive Sentiment: One Wall Street analyst sees substantial upside after Qualcomm’s steep three-month decline, while other valuation commentary describes the stock as inexpensive on earnings-based measures. The bullish case centers on growth in automotive, AI, data centers and edge computing. Qualcomm Analyst Sees 140% Upside
- Neutral Sentiment: Qualcomm benefited modestly from a broader rebound in beaten-down AI semiconductor stocks, although the move was less pronounced than in some peers such as Marvell. Marvell Rises as AI Silicon Rebounds
- Negative Sentiment: Recent analysis warns that Qualcomm’s long-term AI and automotive ambitions must overcome a near-term smartphone reality check, including potential pressure from Apple’s modem transition. Japan robotics investments offer diversification but could weigh on margins while estimates remain under pressure. Qualcomm Japan Robotics and Edge AI Analysis
- Negative Sentiment: Reports of insider selling recently pressured sentiment, highlighting investor caution after Qualcomm’s extended decline and amid uncertainty over its earnings outlook. Qualcomm Trading Down After Insider Selling
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.
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