Thompson Investment Management Inc. Purchases 9,657 Shares of QUALCOMM Incorporated $QCOM

Thompson Investment Management Inc. increased its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 13.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 81,768 shares of the wireless technology company’s stock after purchasing an additional 9,657 shares during the period. QUALCOMM makes up about 1.8% of Thompson Investment Management Inc.’s portfolio, making the stock its 8th biggest holding. Thompson Investment Management Inc.’s holdings in QUALCOMM were worth $13,603,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in QCOM. Harbor Capital Advisors Inc. lifted its holdings in shares of QUALCOMM by 72.2% during the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after buying an additional 65 shares in the last quarter. Chung Wu Investment Group LLC acquired a new stake in QUALCOMM in the 2nd quarter worth about $32,000. Harbor Asset Planning Inc. bought a new stake in QUALCOMM in the 2nd quarter valued at about $32,000. Winnow Wealth LLC bought a new stake in QUALCOMM in the 2nd quarter valued at about $32,000. Finally, Lavaca Capital LLC acquired a new position in shares of QUALCOMM during the 2nd quarter worth approximately $32,000. 74.35% of the stock is currently owned by institutional investors.

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the sale, the executive vice president owned 23,944 shares of the company’s stock, valued at approximately $4,262,750.32. The trade was a 23.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Akash J. Palkhiwala sold 10,000 shares of the stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $175.12, for a total value of $1,751,200.00. Following the completion of the transaction, the executive vice president owned 44,803 shares of the company’s stock, valued at $7,845,901.36. The trade was a 18.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 199,822 shares of company stock worth $33,523,984 over the last 90 days. 0.08% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on QCOM shares. Citigroup boosted their price target on QUALCOMM from $170.00 to $175.00 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Bank of America lifted their price objective on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. UBS Group increased their target price on QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Finally, TD Cowen boosted their price target on QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, QUALCOMM presently has a consensus rating of “Moderate Buy” and an average target price of $192.94.

QUALCOMM Trading Up 0.0%

Shares of QCOM opened at $174.81 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The firm has a market cap of $187.22 billion, a price-to-earnings ratio of 35.75, a PEG ratio of 3.83 and a beta of 1.22. The business’s fifty day moving average is $173.03 and its 200-day moving average is $163.98.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share 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 analyst estimates of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.QUALCOMM’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the firm posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities analysts anticipate 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 was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were issued a dividend of $0.89 per share. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.0%. QUALCOMM’s payout ratio is 72.80%.

QUALCOMM 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.