CW Advisors LLC Purchases 20,165 Shares of QUALCOMM Incorporated $QCOM

CW Advisors LLC lifted its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 49.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 61,027 shares of the wireless technology company’s stock after acquiring an additional 20,165 shares during the quarter. CW Advisors LLC’s holdings in QUALCOMM were worth $9,719,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Guinness Asset Management LTD lifted its stake in QUALCOMM by 11.6% during the 2nd quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock valued at $8,824,000 after acquiring an additional 5,779 shares during the period. CORDA Investment Management LLC. raised 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 worth $3,579,000 after purchasing an additional 3,524 shares during the last quarter. Westerkirk Capital Inc. purchased a new position in shares of QUALCOMM during the second quarter worth $4,539,000. Russell Investments Group Ltd. lifted its position in QUALCOMM by 12.3% during the first quarter. Russell Investments Group Ltd. now owns 1,328,759 shares of the wireless technology company’s stock valued at $203,904,000 after purchasing an additional 145,509 shares during the period. Finally, Great Lakes Retirement Inc. boosted its holdings in QUALCOMM by 8.0% in the second quarter. Great Lakes Retirement Inc. now owns 21,687 shares of the wireless technology company’s stock valued at $3,454,000 after purchasing an additional 1,610 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Transactions at QUALCOMM

In other QUALCOMM news, CAO Patricia Y. Grech sold 203 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $170.00, for a total transaction of $34,510.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $170.33, for a total value of $567,709.89. Following the completion of the transaction, the chief financial officer owned 33,208 shares in the company, valued at approximately $5,656,318.64. This trade represents a 9.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 164,661 shares of company stock valued at $27,292,820 in the last 90 days. Corporate insiders own 0.08% of the company’s stock.

QUALCOMM Price Performance

QUALCOMM stock opened at $174.35 on Friday. The stock has a market capitalization of $186.73 billion, a P/E ratio of 35.65, a P/E/G ratio of 3.83 and a beta of 1.22. The company’s fifty day moving average price is $169.47 and its 200 day moving average price is $160.93. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95.

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

QUALCOMM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be paid a $0.89 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.0%. QUALCOMM’s dividend payout ratio (DPR) is currently 72.80%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Arete upgraded QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price objective for the company in a research note on Tuesday, August 26th. Arete Research set a $200.00 price target on QUALCOMM in a research report on Tuesday, August 26th. TD Cowen boosted their price target on QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of QUALCOMM in a research report on Monday. Finally, UBS Group lifted their target price on shares of QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, QUALCOMM presently has a consensus rating of “Moderate Buy” and a consensus target price of $190.38.

QUALCOMM Company Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.