Qualcomm Incorporated $QCOM Shares Bought by BXM Wealth LLC

BXM Wealth LLC boosted its position in Qualcomm Incorporated (NASDAQ:QCOM) by 870.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,210 shares of the wireless technology company’s stock after buying an additional 37,861 shares during the quarter. BXM Wealth LLC’s holdings in Qualcomm were worth $7,220,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of QCOM. Harbor Capital Advisors Inc. lifted its stake in Qualcomm by 72.2% during the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 65 shares during the last quarter. Cloud Capital Management LLC bought a new stake in Qualcomm during the third quarter valued at $27,000. Lavaca Capital LLC bought a new stake in Qualcomm during the second quarter valued at $32,000. Board of the Pension Protection Fund acquired a new stake in shares of Qualcomm during the fourth quarter worth $34,000. Finally, Howard Hughes Medical Institute bought a new position in shares of Qualcomm in the 2nd quarter worth about $38,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Qualcomm Stock Performance

Qualcomm stock opened at $126.80 on Monday. Qualcomm Incorporated has a 12-month low of $120.80 and a 12-month 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 stock has a market capitalization of $135.30 billion, a PE ratio of 26.20 and a beta of 1.28. The firm has a 50 day simple moving average of $138.19 and a 200-day simple moving average of $159.03.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping the consensus estimate of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The firm had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. During the same period in the previous year, the business earned $3.41 earnings per share. Qualcomm’s revenue for the quarter was up 4.7% compared to the same quarter last year. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, equities research analysts expect that Qualcomm Incorporated will post 9.39 EPS for the current fiscal year.

Qualcomm Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were paid a $0.89 dividend. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a yield of 2.8%. Qualcomm’s dividend payout ratio (DPR) is currently 73.55%.

Qualcomm declared that its board has approved a stock buyback program on Tuesday, March 17th that allows the company to buyback $20.00 billion in outstanding shares. This buyback authorization allows the wireless technology company to repurchase up to 14.5% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

QCOM has been the topic of a number of recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Qualcomm in a report on Friday, March 27th. Rosenblatt Securities dropped their price target on Qualcomm from $225.00 to $190.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. Citigroup reissued a “neutral” rating on shares of Qualcomm in a report on Thursday, January 15th. UBS Group restated a “neutral” rating on shares of Qualcomm in a research report on Monday, February 2nd. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $140.00 price objective (down from $175.00) on shares of Qualcomm in a research note on Thursday, March 26th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $163.77.

Insider Activity at Qualcomm

In related news, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the sale, the executive vice president directly owned 16,393 shares in the company, valued at approximately $2,245,841. This trade represents a 16.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of Qualcomm stock in a transaction 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 sale, the executive vice president directly owned 35,599 shares of the company’s stock, valued at $4,900,202.35. This trade represents a 8.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 6,618 shares of company stock worth $907,855. Corporate insiders own 0.05% of the company’s stock.

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.