QUALCOMM Incorporated $QCOM Shares Acquired by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC boosted its position in QUALCOMM Incorporated (NASDAQ:QCOMFree Report) by 37.4% during the 3rd quarter, Holdings Channel reports. The fund owned 30,390 shares of the wireless technology company’s stock after acquiring an additional 8,278 shares during the quarter. Fidelis Capital Partners LLC’s holdings in QUALCOMM were worth $5,056,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Guinness Asset Management LTD boosted its stake in QUALCOMM by 11.6% in the second quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock valued at $8,824,000 after acquiring an additional 5,779 shares in the last quarter. CORDA Investment Management LLC. lifted its holdings in shares of QUALCOMM by 18.6% in the 2nd quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock valued at $3,579,000 after purchasing an additional 3,524 shares during the last quarter. Westerkirk Capital Inc. purchased a new position in QUALCOMM during the 2nd quarter worth approximately $4,539,000. MASTERINVEST Kapitalanlage GmbH acquired a new position in QUALCOMM during the second quarter worth approximately $3,896,000. Finally, Inscription Capital LLC lifted its stake in QUALCOMM by 58.1% in the third quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock valued at $2,172,000 after buying an additional 4,799 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on QCOM shares. JPMorgan Chase & Co. raised their target price on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. Mizuho dropped their price objective on shares of QUALCOMM from $175.00 to $160.00 and set a “neutral” rating on the stock in a research note on Monday. TD Cowen reiterated a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Wells Fargo & Company boosted their price target on QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research report on Thursday, November 6th. Finally, Royal Bank Of Canada initiated coverage on QUALCOMM in a research report on Wednesday, January 14th. They set a “sector perform” rating and a $180.00 price objective for the company. Ten equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $189.06.

Get Our Latest Analysis on QUALCOMM

QUALCOMM Trading Down 0.2%

NASDAQ QCOM opened at $152.70 on Thursday. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $163.09 billion, a P/E ratio of 31.23, a P/E/G ratio of 3.41 and a beta of 1.21. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The firm has a 50-day moving average price of $169.60 and a 200 day moving average price of $165.39.

QUALCOMM (NASDAQ:QCOMGet Free Report) last released its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $0.13. The company had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The firm’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities research analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be given a $0.89 dividend. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.3%. QUALCOMM’s dividend payout ratio is presently 72.80%.

Insider Buying and Selling

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $172.87, for a total transaction of $276,592.00. Following the sale, the insider directly owned 19,593 shares in the company, valued at approximately $3,387,041.91. The trade was a 7.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $173.30, for a total transaction of $577,608.90. Following the completion of the transaction, the executive vice president owned 38,932 shares of the company’s stock, valued at $6,746,915.60. This represents a 7.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 44,820 shares of company stock valued at $7,883,482 in the last quarter. 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.

Recommended Stories

Want to see what other hedge funds are holding QCOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for QUALCOMM Incorporated (NASDAQ:QCOMFree Report).

Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

Receive News & Ratings for QUALCOMM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QUALCOMM and related companies with MarketBeat.com's FREE daily email newsletter.