QUALCOMM Incorporated $QCOM Shares Bought by Private Wealth Partners LLC

Private Wealth Partners LLC increased its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 3.5% in the third quarter, Holdings Channel reports. The institutional investor owned 125,447 shares of the wireless technology company’s stock after acquiring an additional 4,247 shares during the quarter. QUALCOMM accounts for about 1.5% of Private Wealth Partners LLC’s portfolio, making the stock its 19th largest position. Private Wealth Partners LLC’s holdings in QUALCOMM were worth $20,869,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Norges Bank acquired a new position in QUALCOMM during the 2nd quarter valued at about $2,713,603,000. Amundi lifted its position in QUALCOMM by 38.2% in the second quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock worth $1,866,451,000 after purchasing an additional 3,186,524 shares during the period. Viking Global Investors LP boosted its stake in QUALCOMM by 120.1% during the second quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock valued at $502,125,000 after buying an additional 1,720,529 shares in the last quarter. Rafferty Asset Management LLC boosted its position in shares of QUALCOMM by 59.1% during the 2nd quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company’s stock valued at $703,675,000 after purchasing an additional 1,641,068 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC boosted its holdings in QUALCOMM by 228.6% during the second quarter. Worldquant Millennium Advisors LLC now owns 1,130,038 shares of the wireless technology company’s stock worth $179,970,000 after buying an additional 786,110 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on QCOM shares. TD Cowen reaffirmed a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Susquehanna set a $210.00 price target on QUALCOMM in a report on Thursday, November 6th. Citigroup reaffirmed a “neutral” rating on shares of QUALCOMM in a research note on Thursday, January 15th. Mizuho reduced their target price on QUALCOMM from $175.00 to $160.00 and set a “neutral” rating for the company in a report on Monday, January 26th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $225.00 target price on shares of QUALCOMM in a research report on Thursday, November 6th. Ten equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, QUALCOMM has a consensus rating of “Hold” and an average price target of $189.06.

Insiders Place Their Bets

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $172.87, for a total value of $276,592.00. Following the sale, the insider owned 19,593 shares in the company, valued at $3,387,041.91. This represents a 7.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $173.30, for a total value of $577,608.90. Following the completion of the sale, the executive vice president owned 38,932 shares in the company, valued at approximately $6,746,915.60. This trade represents a 7.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 44,820 shares of company stock worth $7,883,482 in the last three months. Insiders own 0.05% of the company’s stock.

QUALCOMM Trading Down 0.4%

QCOM stock opened at $151.59 on Friday. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. The business has a fifty day moving average price of $169.22 and a 200 day moving average price of $165.28. The stock has a market capitalization of $161.91 billion, a price-to-earnings ratio of 31.00, a P/E/G ratio of 3.39 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOM) last issued its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $10.74 billion. During the same quarter last year, the firm earned $2.69 EPS. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

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

QUALCOMM Company Profile

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.