Quattro Financial Advisors LLC Makes New Investment in Qualcomm Incorporated $QCOM

Quattro Financial Advisors LLC purchased a new stake in Qualcomm Incorporated (NASDAQ:QCOM) during the 2nd quarter, HoldingsChannel reports. The firm purchased 4,360 shares of the wireless technology company’s stock, valued at approximately $806,000.

A number of other institutional investors have also made changes to their positions in the business. Your Advocates Ltd. LLP bought a new position in Qualcomm in the 1st quarter worth approximately $26,000. Torren Management LLC acquired a new position in shares of Qualcomm during the fourth quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Qualcomm by 17,000.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after acquiring an additional 170 shares during the period. Birchwood Financial Partners Inc. bought a new stake in shares of Qualcomm in the fourth quarter valued at approximately $31,000. Finally, Commonwealth Retirement Investments LLC acquired a new stake in shares of Qualcomm in the fourth quarter worth $32,000. 74.35% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

QCOM has been the topic of a number of research reports. JPMorgan Chase & Co. boosted their target price on shares of Qualcomm from $160.00 to $265.00 and gave the stock a “neutral” rating in a research report on Friday, June 5th. Mizuho increased their target price on shares of Qualcomm from $170.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, June 29th. TD Cowen decreased their price target on shares of Qualcomm from $225.00 to $175.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Oppenheimer set a $200.00 price objective on Qualcomm in a report on Monday, July 27th. Finally, Citigroup cut their target price on Qualcomm from $198.00 to $175.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Qualcomm presently has a consensus rating of “Hold” and an average price target of $203.63.

Qualcomm Trading Up 0.6%

Shares of QCOM stock opened at $165.79 on Friday. The company has a market capitalization of $174.12 billion, a P/E ratio of 19.19, a P/E/G ratio of 15.25 and a beta of 1.65. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $259.92. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. The firm has a 50-day moving average price of $182.72 and a 200 day moving average price of $167.72.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings data 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). The firm had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.Qualcomm’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period in the prior year, the company posted $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Research analysts forecast that Qualcomm Incorporated will post 7.76 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be given a dividend of $0.92 per share. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a yield of 2.2%. Qualcomm’s dividend payout ratio is 42.59%.

Insider Buying and Selling

In related news, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction 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 completion of the sale, the executive vice president directly owned 20,684 shares of the company’s stock, valued at $3,376,869.84. This trade represents a 10.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of Qualcomm stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $201.77, for a total value of $167,267.33. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 11,529 shares of company stock worth $1,991,345 in the last three months. Insiders own 0.05% of the company’s stock.

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.