QUALCOMM Incorporated $QCOM Shares Acquired by Richards Merrill & Peterson Inc.

Richards Merrill & Peterson Inc. increased its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 5.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,914 shares of the wireless technology company’s stock after purchasing an additional 279 shares during the quarter. Richards Merrill & Peterson Inc.’s holdings in QUALCOMM were worth $942,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of QCOM. Vermillion & White Wealth Management Group LLC increased its stake 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 worth $26,000 after acquiring an additional 93 shares during the period. Atlantic Edge Private Wealth Management LLC boosted its holdings in QUALCOMM by 70.0% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 70 shares in the last quarter. Chung Wu Investment Group LLC acquired a new position in QUALCOMM during the 2nd quarter worth approximately $32,000. Harbor Asset Planning Inc. purchased a new position in shares of QUALCOMM during the 2nd quarter worth approximately $32,000. Finally, Atticus Wealth Management LLC lifted its holdings in shares of QUALCOMM by 21,200.0% in the 2nd quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock valued at $34,000 after buying an additional 212 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling

In other news, insider Heather S. Ace sold 1,600 shares of the company’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $146.40, for a total transaction of $234,240.00. Following the completion of the sale, the insider directly owned 21,193 shares in the company, valued at $3,102,655.20. This represents a 7.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO Patricia Y. Grech sold 273 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $161.42, for a total value of $44,067.66. Following the sale, the chief accounting officer owned 404 shares of the company’s stock, valued at $65,213.68. This represents a 40.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 168,102 shares of company stock worth $27,706,855 over the last 90 days. Company insiders own 0.08% of the company’s stock.

QUALCOMM Price Performance

Shares of NASDAQ:QCOM opened at $168.94 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. The business’s fifty day moving average price is $163.40 and its two-hundred day moving average price is $154.91. The stock has a market cap of $182.29 billion, a PE ratio of 16.29, a price-to-earnings-growth ratio of 2.47 and a beta of 1.23. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $182.10.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.06. The business had revenue of $10.37 billion for the quarter, compared to the consensus estimate of $10.33 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The business’s revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the business earned $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be paid 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 2.1%. QUALCOMM’s dividend payout ratio (DPR) is currently 34.33%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Mizuho dropped their price objective on QUALCOMM from $190.00 to $185.00 and set an “outperform” rating on the stock in a report on Thursday, July 31st. Susquehanna upped their price target on shares of QUALCOMM from $190.00 to $200.00 and gave the stock a “positive” rating in a research note on Wednesday. JPMorgan Chase & Co. boosted their price objective on shares of QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Monday, July 28th. Sanford C. Bernstein set a $185.00 target price on shares of QUALCOMM and gave the company an “outperform” rating in a report on Monday, July 28th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $225.00 price target on shares of QUALCOMM in a report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $183.27.

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.