Dunhill Financial LLC Makes New $842,000 Investment in Qualcomm Incorporated $QCOM

Dunhill Financial LLC acquired a new position in shares of Qualcomm Incorporated (NASDAQ:QCOMFree Report) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 4,556 shares of the wireless technology company’s stock, valued at approximately $842,000.

Other large investors have also modified their holdings of the company. Baxter Bros Inc. acquired a new position in shares of Qualcomm in the 2nd quarter worth approximately $17,844,000. World Investment Advisors boosted its stake in Qualcomm by 14.3% in the 4th quarter. World Investment Advisors now owns 64,911 shares of the wireless technology company’s stock valued at $11,103,000 after buying an additional 8,130 shares in the last quarter. MUFG Securities EMEA plc grew its position in Qualcomm by 112.2% in the fourth quarter. MUFG Securities EMEA plc now owns 43,986 shares of the wireless technology company’s stock valued at $7,524,000 after acquiring an additional 23,262 shares during the period. Swedbank AB grew its position in Qualcomm by 1.5% in the fourth quarter. Swedbank AB now owns 1,533,420 shares of the wireless technology company’s stock valued at $262,291,000 after acquiring an additional 23,110 shares during the period. Finally, NBC Securities Inc. raised its stake in Qualcomm by 47.5% during the fourth quarter. NBC Securities Inc. now owns 18,691 shares of the wireless technology company’s stock worth $3,197,000 after acquiring an additional 6,018 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

QCOM has been the subject of a number of analyst reports. Dbs Bank raised Qualcomm to a “moderate buy” rating in a report on Tuesday, July 7th. Evercore set a $159.00 target price on shares of Qualcomm in a report on Thursday, July 30th. Lake Street Capital cut shares of Qualcomm to a “hold” rating in a research report on Thursday, June 25th. Melius Research set a $220.00 price target on shares of Qualcomm in a report on Monday, May 18th. Finally, Mizuho boosted their price target on shares of Qualcomm from $170.00 to $210.00 and gave the company a “neutral” rating in a research report on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Qualcomm currently has a consensus rating of “Hold” and an average target price of $203.63.

Check Out Our Latest Stock Report on Qualcomm

Qualcomm Trading Down 0.7%

Shares of QCOM opened at $160.74 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02. The company has a market cap of $168.81 billion, a price-to-earnings ratio of 18.60, a PEG ratio of 14.95 and a beta of 1.65. The stock has a fifty day moving average price of $179.28 and a two-hundred day moving average price of $168.07. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92.

Qualcomm (NASDAQ:QCOMGet Free Report) last announced its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.02). Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The business had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $9.69 billion. During the same quarter in the previous year, the company posted $2.77 EPS. Qualcomm’s revenue for the quarter was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Analysts predict that Qualcomm Incorporated will post 7.74 EPS for the current fiscal year.

Qualcomm Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be given a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 2.3%. The ex-dividend date is Thursday, September 3rd. Qualcomm’s dividend payout ratio (DPR) is presently 42.59%.

Insider Activity

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $5,372,106.40. The trade was a 8.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $163.26, for a total transaction of $408,150.00. Following the transaction, the executive vice president owned 20,684 shares in the company, valued at $3,376,869.84. The trade was a 10.78% 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 10,700 shares of company stock valued at $1,824,078 in the last 90 days. Corporate insiders own 0.05% of the company’s stock.

Qualcomm Profile

(Free Report)

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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Institutional Ownership by Quarter for Qualcomm (NASDAQ:QCOM)

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