AMI Asset Management Corp Has $34.46 Million Position in QUALCOMM Incorporated $QCOM

AMI Asset Management Corp boosted its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 52.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 207,156 shares of the wireless technology company’s stock after acquiring an additional 71,415 shares during the period. QUALCOMM accounts for 1.9% of AMI Asset Management Corp’s holdings, making the stock its 25th biggest position. AMI Asset Management Corp’s holdings in QUALCOMM were worth $34,462,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Guinness Asset Management LTD boosted its holdings 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 worth $8,824,000 after acquiring an additional 5,779 shares in the last quarter. CORDA Investment Management LLC. increased its holdings in shares of QUALCOMM by 18.6% during the second quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock valued at $3,579,000 after acquiring an additional 3,524 shares in the last quarter. Westerkirk Capital Inc. acquired a new position in shares of QUALCOMM during the second quarter worth approximately $4,539,000. MASTERINVEST Kapitalanlage GmbH acquired a new position in shares of QUALCOMM during the second quarter worth approximately $3,896,000. Finally, Great Lakes Retirement Inc. lifted its holdings in shares of QUALCOMM by 8.0% in the 2nd quarter. Great Lakes Retirement Inc. now owns 21,687 shares of the wireless technology company’s stock worth $3,454,000 after purchasing an additional 1,610 shares in the last quarter. 74.35% of the stock is owned by institutional investors.

Analyst Ratings Changes

QCOM has been the subject of a number of recent research reports. Wall Street Zen lowered shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. JPMorgan Chase & Co. boosted 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. Piper Sandler upped their target price on shares of QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Mizuho lifted their price target on QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Finally, Susquehanna set a $210.00 price objective on QUALCOMM in a research note on Thursday, November 6th. Thirteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, QUALCOMM currently has an average rating of “Moderate Buy” and an average target price of $192.94.

QUALCOMM Stock Up 0.0%

QCOM stock opened at $174.76 on Friday. The stock’s fifty day simple moving average is $172.80 and its two-hundred day simple moving average is $163.81. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95. The stock has a market cap of $187.17 billion, a P/E ratio of 35.74, a P/E/G ratio of 3.83 and a beta of 1.22.

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

QUALCOMM Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were paid a dividend of $0.89 per share. The ex-dividend date was Thursday, December 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.0%. QUALCOMM’s dividend payout ratio (DPR) is presently 72.80%.

Insider Activity at QUALCOMM

In other QUALCOMM news, EVP Ann C. Chaplin sold 7,180 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the completion of the sale, the executive vice president directly owned 23,944 shares of the company’s stock, valued at $4,262,750.32. This trade represents a 23.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Heather S. Ace sold 1,600 shares of the company’s stock in a transaction dated 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. This trade represents a 7.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 199,822 shares of company stock worth $33,523,984 over the last 90 days. Corporate insiders own 0.08% of the company’s stock.

QUALCOMM Company Profile

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.