Sequoia Financial Advisors LLC Has $22.61 Million Stock Holdings in QUALCOMM Incorporated $QCOM

Sequoia Financial Advisors LLC raised its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 8.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,886 shares of the wireless technology company’s stock after purchasing an additional 10,055 shares during the period. Sequoia Financial Advisors LLC’s holdings in QUALCOMM were worth $22,606,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Harbor Capital Advisors Inc. boosted its stake in QUALCOMM by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after buying an additional 65 shares in the last quarter. Chung Wu Investment Group LLC acquired a new stake in shares of QUALCOMM in the 2nd quarter valued at approximately $32,000. Harbor Asset Planning Inc. bought a new stake in shares of QUALCOMM during the 2nd quarter valued at approximately $32,000. Winnow Wealth LLC bought a new position in QUALCOMM in the second quarter valued at about $32,000. Finally, Lavaca Capital LLC bought a new stake in QUALCOMM during the 2nd quarter worth approximately $32,000. Institutional investors own 74.35% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on QCOM shares. Piper Sandler raised their price target on shares of QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Cowen restated a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Citigroup reiterated a “neutral” rating on shares of QUALCOMM in a report on Thursday. JPMorgan Chase & Co. raised their target price on QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Finally, Wells Fargo & Company upped their price objective on shares of QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a report on Thursday, November 6th. Eleven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, QUALCOMM currently has an average rating of “Hold” and an average price target of $191.28.

QUALCOMM News Roundup

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Declared quarterly cash dividend of $0.89/share (annualized yield ~2.2%); payable March 26 to holders of record March 5 — supports income investors and signals confidence in cash flow. Qualcomm Announces Quarterly Cash Dividend
• Positive Sentiment: Coverage and feature pieces highlight Qualcomm’s push into personal AI, wearables (large Ray‑Ban demand with Meta) and new Dragonwing IQ10 chips for robotics — these represent meaningful growth levers beyond handset modems. Qualcomm: Ignored Personal AI Boom
• Neutral Sentiment: RBC (RBC Capital) initiated coverage with a “sector perform” / KeyCorp issued updated Q1 EPS assumptions — analyst activity keeps the name in focus but does not currently signal a consensus upgrade. RBC Capital initiates coverage
• Negative Sentiment: Mizuho’s downgrade (covered in MarketBeat) from Outperform to Neutral and a cut to the price target flagged near‑term headwinds: expected modem share losses on upcoming Apple devices, softer global handset demand (especially China), and rising local competition — this note is the primary driver of recent selling pressure. Qualcomm: Wall Street’s Patience Is Wearing Thin
• Negative Sentiment: Trade/tariff risk: coverage highlights the potential impact of a proposed 25% tariff on AI chips — could raise costs or disrupt supply chains for semiconductor players exposed to the U.S./China/Taiwan dynamics. 5 AI Chip Stocks Most Exposed to Trump’s New 25% Tariff

Insiders Place Their Bets

In other news, insider Heather S. Ace sold 1,600 shares of the stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $172.87, for a total value of $276,592.00. Following the completion of the transaction, the insider owned 19,593 shares of the company’s stock, valued at approximately $3,387,041.91. This represents a 7.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Patricia Y. Grech sold 203 shares of QUALCOMM stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 53,155 shares of company stock valued at $9,267,593 over the last ninety days. 0.08% of the stock is owned by corporate insiders.

QUALCOMM Trading Down 1.2%

QCOM opened at $159.42 on Friday. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. The business has a 50 day simple moving average of $172.10 and a two-hundred day simple moving average of $165.64. The firm has a market capitalization of $170.74 billion, a price-to-earnings ratio of 32.60, a PEG ratio of 3.55 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOM) last announced its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. The company had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Analysts predict 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. Shareholders of record on Thursday, March 5th will be issued a $0.89 dividend. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.2%. QUALCOMM’s dividend payout ratio (DPR) is 72.80%.

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.