Groupe la Francaise Increases Holdings in QUALCOMM Incorporated $QCOM

Groupe la Francaise boosted its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 668.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,711 shares of the wireless technology company’s stock after purchasing an additional 19,755 shares during the quarter. Groupe la Francaise’s holdings in QUALCOMM were worth $3,601,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of QCOM. Vermillion & White Wealth Management Group LLC increased its stake in shares of QUALCOMM by 122.4% during the first quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock valued at $26,000 after buying an additional 93 shares during the period. Chung Wu Investment Group LLC bought a new stake in shares of QUALCOMM in the second quarter valued at about $32,000. Harbor Asset Planning Inc. purchased a new stake in QUALCOMM in the second quarter worth about $32,000. Winnow Wealth LLC purchased a new stake in QUALCOMM in the second quarter worth about $32,000. Finally, Atticus Wealth Management LLC grew its holdings in QUALCOMM by 21,200.0% during the 2nd quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock worth $34,000 after acquiring an additional 212 shares in the last quarter. 74.35% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, insider Heather S. Ace sold 1,600 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $172.87, for a total value of $276,592.00. Following the completion of the transaction, the insider directly owned 19,593 shares of the company’s stock, valued at $3,387,041.91. This trade represents a 7.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $170.33, for a total transaction of $567,709.89. Following the sale, the chief financial officer directly owned 33,208 shares in the company, valued at approximately $5,656,318.64. This represents a 9.12% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 164,661 shares of company stock valued at $27,292,820. 0.08% of the stock is owned by corporate insiders.

QUALCOMM Trading Up 2.6%

NASDAQ:QCOM opened at $175.07 on Thursday. The stock has a market capitalization of $187.50 billion, a price-to-earnings ratio of 35.80, a PEG ratio of 3.68 and a beta of 1.22. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95. 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 firm has a 50 day moving average of $169.38 and a 200 day moving average of $160.83.

QUALCOMM (NASDAQ:QCOM) last released its quarterly 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 business had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, sell-side analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Thursday, December 4th. QUALCOMM’s dividend payout ratio is currently 72.80%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Citigroup boosted their price target on shares of QUALCOMM from $170.00 to $175.00 and gave the company a “neutral” rating in a report on Tuesday, October 28th. UBS Group boosted their price objective on shares of QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Wells Fargo & Company upped their target price on QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a report on Thursday, November 6th. Piper Sandler increased their target price on QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of QUALCOMM in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, QUALCOMM currently has an average rating of “Moderate Buy” and an average target price of $190.38.

About QUALCOMM

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.