Jones Financial Companies Lllp Raises Stock Holdings in QUALCOMM Incorporated $QCOM

Jones Financial Companies Lllp grew its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 8.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 193,414 shares of the wireless technology company’s stock after acquiring an additional 15,596 shares during the quarter. Jones Financial Companies Lllp’s holdings in QUALCOMM were worth $32,718,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of QCOM. Howard Bailey Securities LLC raised its stake in QUALCOMM by 7.5% during the third quarter. Howard Bailey Securities LLC now owns 1,666 shares of the wireless technology company’s stock valued at $277,000 after purchasing an additional 116 shares in the last quarter. Oak Harbor Wealth Partners LLC increased its holdings in shares of QUALCOMM by 24.5% in the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 5,431 shares of the wireless technology company’s stock worth $904,000 after buying an additional 1,070 shares during the last quarter. AXS Investments LLC purchased a new stake in shares of QUALCOMM during the 3rd quarter valued at about $51,000. Mediolanum International Funds Ltd raised its position in shares of QUALCOMM by 12.9% during the 3rd quarter. Mediolanum International Funds Ltd now owns 300,501 shares of the wireless technology company’s stock valued at $49,673,000 after buying an additional 34,367 shares in the last quarter. Finally, Lebenthal Global Advisors LLC lifted its holdings in shares of QUALCOMM by 22.6% in the 3rd quarter. Lebenthal Global Advisors LLC now owns 7,318 shares of the wireless technology company’s stock valued at $1,217,000 after acquiring an additional 1,349 shares during the last quarter. Institutional investors own 74.35% of the company’s stock.

Insider Transactions at QUALCOMM

In related news, CAO Patricia Y. Grech sold 203 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $170.00, for a total value of $34,510.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Alexander H. Rogers sold 15,917 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total value of $2,833,385.17. Following the transaction, the executive vice president owned 26,071 shares in the company, valued at $4,640,898.71. The trade was a 37.91% decrease in their ownership of the stock. 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 ninety days. Corporate insiders own 0.05% of the company’s stock.

QUALCOMM Stock Up 0.7%

NASDAQ:QCOM opened at $152.58 on Tuesday. The company has a market cap of $162.97 billion, a price-to-earnings ratio of 31.20, a price-to-earnings-growth ratio of 3.38 and a beta of 1.22. 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 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. The stock has a fifty day simple moving average of $168.97 and a 200-day simple moving average of $165.43.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $10.74 billion. During the same quarter last year, the firm posted $2.69 EPS. The firm’s revenue was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s payout ratio is currently 72.80%.

Analyst Ratings Changes

QCOM has been the topic of several analyst reports. Mizuho reduced their price objective on QUALCOMM from $175.00 to $160.00 and set a “neutral” rating on the stock in a research note on Monday, January 26th. Piper Sandler boosted 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. Weiss Ratings restated a “hold (c)” rating on shares of QUALCOMM in a research report on Monday, December 29th. Citigroup reaffirmed a “neutral” rating on shares of QUALCOMM in a research note on Thursday, January 15th. Finally, Susquehanna set a $210.00 target price on shares of QUALCOMM in a research note on Thursday, November 6th. Eleven equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $188.50.

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.