Dakota Wealth Management Acquires 44,688 Shares of QUALCOMM Incorporated $QCOM

Dakota Wealth Management boosted its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 159.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 72,729 shares of the wireless technology company’s stock after buying an additional 44,688 shares during the quarter. Dakota Wealth Management’s holdings in QUALCOMM were worth $12,099,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC raised its stake in QUALCOMM by 3.4% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 4,768 shares of the wireless technology company’s stock valued at $793,000 after acquiring an additional 158 shares during the period. Legacy Financial Advisors Inc. increased its holdings in shares of QUALCOMM by 3.3% in the third quarter. Legacy Financial Advisors Inc. now owns 7,079 shares of the wireless technology company’s stock valued at $1,178,000 after purchasing an additional 223 shares during the last quarter. Verus Capital Partners LLC raised its position in shares of QUALCOMM by 14.4% in the third quarter. Verus Capital Partners LLC now owns 4,119 shares of the wireless technology company’s stock valued at $685,000 after purchasing an additional 517 shares during the period. Clearstead Advisors LLC raised its position in shares of QUALCOMM by 5.0% in the third quarter. Clearstead Advisors LLC now owns 47,180 shares of the wireless technology company’s stock valued at $7,849,000 after purchasing an additional 2,227 shares during the period. Finally, Avalon Trust Co lifted its stake in shares of QUALCOMM by 51.7% during the 3rd quarter. Avalon Trust Co now owns 496 shares of the wireless technology company’s stock worth $83,000 after buying an additional 169 shares during the last quarter. Institutional investors own 74.35% of the company’s stock.

Insider Activity

In related news, EVP Ann C. Chaplin sold 7,180 shares of the stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the sale, the executive vice president owned 23,944 shares in the company, valued at approximately $4,262,750.32. This trade represents a 23.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Akash J. Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $137.65, for a total transaction of $458,787.45. Following the completion of the transaction, the executive vice president directly owned 35,599 shares in the company, valued at $4,900,202.35. This trade represents a 8.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 45,704 shares of company stock valued at $7,818,708. Company insiders own 0.05% of the company’s stock.

QUALCOMM Trading Down 1.7%

Shares of NASDAQ:QCOM opened at $140.41 on Tuesday. The business’s 50 day simple moving average is $159.44 and its 200 day simple moving average is $164.08. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83. The company has a market capitalization of $149.82 billion, a P/E ratio of 29.01, a P/E/G ratio of 7.08 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOM) last released its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating 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 return on equity of 44.09% and a net margin of 11.96%.The company’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company posted $3.41 EPS. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s dividend payout ratio is presently 73.55%.

Wall Street Analysts Forecast Growth

QCOM has been the topic of a number of research reports. UBS Group reiterated a “neutral” rating on shares of QUALCOMM in a research note on Monday, February 2nd. Cantor Fitzgerald decreased their target price on QUALCOMM from $185.00 to $160.00 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. Evercore dropped their price target on QUALCOMM from $157.00 to $134.00 and set an “in-line” rating for the company in a report on Thursday, February 5th. Mizuho reduced their price target on QUALCOMM from $160.00 to $140.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Finally, Piper Sandler reiterated an “overweight” rating and set a $200.00 price objective on shares of QUALCOMM in a research report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $164.67.

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.