Qualcomm Incorporated $QCOM Shares Purchased by Focus Partners Wealth

Focus Partners Wealth raised its position in Qualcomm Incorporated (NASDAQ:QCOM) by 2.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 906,741 shares of the wireless technology company’s stock after purchasing an additional 23,180 shares during the quarter. Focus Partners Wealth’s holdings in Qualcomm were worth $150,871,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Fort Point Capital Partners LLC increased its holdings in shares of Qualcomm by 5.4% during the 3rd quarter. Fort Point Capital Partners LLC now owns 2,238 shares of the wireless technology company’s stock worth $372,000 after buying an additional 114 shares during the last quarter. Destination Wealth Management lifted its holdings in Qualcomm by 3.4% in the third quarter. Destination Wealth Management now owns 184,069 shares of the wireless technology company’s stock valued at $30,622,000 after acquiring an additional 6,104 shares during the last quarter. CSM Advisors LLC grew its position in Qualcomm by 45.4% in the third quarter. CSM Advisors LLC now owns 200,049 shares of the wireless technology company’s stock worth $33,282,000 after acquiring an additional 62,470 shares during the period. Clark Capital Management Group Inc. grew its position in Qualcomm by 17.0% in the third quarter. Clark Capital Management Group Inc. now owns 1,759 shares of the wireless technology company’s stock worth $293,000 after acquiring an additional 255 shares during the period. Finally, Community Bank N.A. increased its stake in Qualcomm by 2.2% during the third quarter. Community Bank N.A. now owns 32,666 shares of the wireless technology company’s stock worth $5,434,000 after acquiring an additional 698 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Alexander H. Rogers sold 15,917 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the sale, the executive vice president owned 26,071 shares of the company’s stock, valued at approximately $4,640,898.71. This trade represents a 37.91% 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, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $137.00, for a total value of $438,400.00. Following the sale, the executive vice president owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. The trade was a 16.33% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 45,501 shares of company stock worth $7,784,198. Insiders own 0.05% of the company’s stock.

Qualcomm Price Performance

Shares of QCOM opened at $129.82 on Monday. The firm has a market capitalization of $138.52 billion, a price-to-earnings ratio of 26.82 and a beta of 1.25. The firm’s fifty day simple moving average is $149.54 and its 200-day simple moving average is $162.38. Qualcomm Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.12. The firm had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The company’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.41 earnings per share. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Equities analysts forecast that Qualcomm Incorporated will post 9.39 EPS for the current fiscal year.

Qualcomm Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, March 5th. Qualcomm’s dividend payout ratio is currently 73.55%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on QCOM shares. UBS Group reaffirmed a “neutral” rating on shares of Qualcomm in a research report on Monday, February 2nd. Zacks Research cut Qualcomm from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 27th. Piper Sandler restated an “overweight” rating and set a $200.00 price target on shares of Qualcomm in a research report on Thursday, February 5th. Cantor Fitzgerald dropped their price objective on Qualcomm from $185.00 to $160.00 and set a “neutral” rating for the company in a research note on Monday, February 2nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Qualcomm in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $168.00.

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.