Aaron Wealth Advisors LLC Buys 8,547 Shares of Qualcomm Incorporated $QCOM

Aaron Wealth Advisors LLC lifted its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 56.9% in the fourth quarter, HoldingsChannel reports. The fund owned 23,559 shares of the wireless technology company’s stock after acquiring an additional 8,547 shares during the period. Aaron Wealth Advisors LLC’s holdings in Qualcomm were worth $4,030,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in QCOM. Brighton Jones LLC grew its stake in shares of Qualcomm by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after acquiring an additional 9,343 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of Qualcomm by 15.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after acquiring an additional 340 shares during the period. Sivia Capital Partners LLC grew its stake in shares of Qualcomm by 44.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock valued at $530,000 after acquiring an additional 1,020 shares during the period. Brown Advisory Inc. grew its stake in shares of Qualcomm by 3.4% during the 2nd quarter. Brown Advisory Inc. now owns 105,381 shares of the wireless technology company’s stock valued at $16,783,000 after acquiring an additional 3,451 shares during the period. Finally, Jump Financial LLC grew its stake in shares of Qualcomm by 407.9% during the 2nd quarter. Jump Financial LLC now owns 43,890 shares of the wireless technology company’s stock valued at $6,990,000 after acquiring an additional 35,249 shares during the period. 74.35% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Qualcomm

In related news, EVP Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the sale, the executive vice president owned 35,599 shares in the company, valued at approximately $4,900,202.35. This represents a 8.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the sale, the executive vice president owned 16,393 shares in the company, valued at $2,245,841. The trade was a 16.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 6,618 shares of company stock worth $907,855 in the last 90 days. 0.05% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

QCOM has been the subject of a number of recent research reports. UBS Group reiterated a “neutral” rating on shares of Qualcomm in a research note on Monday, February 2nd. Royal Bank Of Canada cut their price objective on Qualcomm from $180.00 to $150.00 and set a “sector perform” rating for the company in a research note on Thursday, February 5th. Evercore cut their price objective on Qualcomm from $157.00 to $134.00 and set an “in-line” rating for the company in a research note on Thursday, February 5th. Wall Street Zen cut Qualcomm from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Qualcomm in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Qualcomm currently has a consensus rating of “Hold” and a consensus price target of $163.77.

Qualcomm Stock Down 0.8%

Shares of QCOM opened at $125.73 on Tuesday. The stock has a market capitalization of $134.15 billion, a price-to-earnings ratio of 25.98 and a beta of 1.28. Qualcomm Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The business’s 50 day simple moving average is $137.61 and its 200-day simple moving average is $158.74. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The company had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.16 billion. During the same quarter in the prior year, the firm posted $3.41 EPS. Qualcomm’s quarterly revenue 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 analysts expect that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm announced that its board has authorized a stock buyback plan on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the wireless technology company to reacquire up to 14.5% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

Qualcomm Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were issued a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.8%. The ex-dividend date was Thursday, March 5th. Qualcomm’s dividend payout ratio is presently 73.55%.

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.