15,387 Shares in QUALCOMM Incorporated $QCOM Acquired by Caldwell Trust Co

Caldwell Trust Co bought a new position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 15,387 shares of the wireless technology company’s stock, valued at approximately $2,451,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Watts Gwilliam & Co. LLC grew its holdings in shares of QUALCOMM by 1.1% during the second quarter. Watts Gwilliam & Co. LLC now owns 6,257 shares of the wireless technology company’s stock valued at $1,052,000 after buying an additional 69 shares during the last quarter. Canal Capital Management LLC lifted its position in QUALCOMM by 13.7% during the 2nd quarter. Canal Capital Management LLC now owns 49,030 shares of the wireless technology company’s stock worth $7,809,000 after acquiring an additional 5,902 shares during the period. Silicon Valley Capital Partners increased its holdings in shares of QUALCOMM by 105.1% in the second quarter. Silicon Valley Capital Partners now owns 1,042 shares of the wireless technology company’s stock valued at $166,000 after purchasing an additional 534 shares during the period. NWF Advisory Services Inc. raised its stake in shares of QUALCOMM by 5.5% in the second quarter. NWF Advisory Services Inc. now owns 2,038 shares of the wireless technology company’s stock worth $325,000 after purchasing an additional 106 shares during the last quarter. Finally, Reynders McVeigh Capital Management LLC boosted its position in QUALCOMM by 20.2% in the second quarter. Reynders McVeigh Capital Management LLC now owns 1,694 shares of the wireless technology company’s stock valued at $270,000 after buying an additional 285 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on QCOM shares. Cowen restated a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Susquehanna set a $210.00 target price on shares of QUALCOMM in a research report on Thursday, November 6th. Citigroup increased their price target on QUALCOMM from $170.00 to $175.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 28th. Wells Fargo & Company boosted their price objective on QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a report on Thursday, November 6th. Finally, JPMorgan Chase & Co. upped their target price on QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, QUALCOMM presently has a consensus rating of “Moderate Buy” and an average price target of $191.00.

Insider Activity at QUALCOMM

In related news, CFO Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $170.33, for a total value of $567,709.89. Following the completion of the sale, the chief financial officer owned 33,208 shares of the company’s stock, valued at approximately $5,656,318.64. The trade was a 9.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Cristiano R. Amon sold 150,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the transaction, the chief executive officer owned 149,304 shares of the company’s stock, valued at $24,718,770.24. This represents a 50.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 164,388 shares of company stock worth $27,248,752 over the last 90 days. 0.08% of the stock is owned by insiders.

QUALCOMM Price Performance

NASDAQ:QCOM opened at $178.29 on Monday. 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 stock has a market capitalization of $190.95 billion, a PE ratio of 36.46, a price-to-earnings-growth ratio of 3.91 and a beta of 1.22. The stock’s 50-day moving average price is $170.72 and its 200-day moving average price is $162.31.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. The company had revenue of $11.27 billion during 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%.QUALCOMM’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, equities analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

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

QUALCOMM Company Profile

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.