AlphaQuest LLC Has $1.62 Million Position in QUALCOMM Incorporated $QCOM

AlphaQuest LLC lifted its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 212.4% during the third quarter, Holdings Channel.com reports. The fund owned 9,725 shares of the wireless technology company’s stock after buying an additional 6,612 shares during the period. AlphaQuest LLC’s holdings in QUALCOMM were worth $1,618,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Argent Advisors Inc. increased its position in shares of QUALCOMM by 3.4% during the third quarter. Argent Advisors Inc. now owns 6,365 shares of the wireless technology company’s stock worth $1,059,000 after buying an additional 210 shares during the period. Blankinship & Foster LLC grew its holdings in shares of QUALCOMM by 14.4% during the 3rd quarter. Blankinship & Foster LLC now owns 12,818 shares of the wireless technology company’s stock worth $2,132,000 after acquiring an additional 1,613 shares during the period. Cahill Financial Advisors Inc. increased its position in shares of QUALCOMM by 5.0% during the third quarter. Cahill Financial Advisors Inc. now owns 1,707 shares of the wireless technology company’s stock valued at $284,000 after acquiring an additional 81 shares in the last quarter. Impact Partnership Wealth LLC grew its position in QUALCOMM by 42.9% during the third quarter. Impact Partnership Wealth LLC now owns 9,022 shares of the wireless technology company’s stock valued at $1,501,000 after buying an additional 2,710 shares during the period. Finally, Cypress Capital Group lifted its holdings in shares of QUALCOMM by 36.0% in the third quarter. Cypress Capital Group now owns 20,670 shares of the wireless technology company’s stock worth $3,439,000 after buying an additional 5,472 shares in the last quarter. Institutional investors own 74.35% of the company’s stock.

Insider Activity at QUALCOMM

In related news, insider Heather S. Ace sold 1,600 shares of the stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $172.87, for a total value of $276,592.00. Following the completion of the transaction, the insider directly owned 19,593 shares in the company, valued at $3,387,041.91. This trade represents a 7.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Akash J. Palkhiwala sold 10,000 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $175.12, for a total transaction of $1,751,200.00. Following the sale, the executive vice president owned 44,803 shares in the company, valued at approximately $7,845,901.36. The trade was a 18.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 44,820 shares of company stock worth $7,883,482 in the last 90 days. Corporate insiders own 0.05% of the company’s stock.

QUALCOMM Price Performance

Shares of QCOM opened at $151.59 on Friday. The stock has a market cap of $161.91 billion, a PE ratio of 31.00, a PEG ratio of 3.39 and a beta of 1.21. The business has a 50-day simple moving average of $169.22 and a two-hundred day simple moving average of $165.36. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95.

QUALCOMM (NASDAQ:QCOM) last released its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, topping the consensus estimate of $2.87 by $0.13. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The business had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. During the same quarter last year, the firm posted $2.69 earnings per share. The firm’s revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. 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, March 26th. Shareholders of record on Thursday, March 5th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s payout ratio is currently 72.80%.

Analysts Set New Price Targets

Several equities analysts recently commented on QCOM shares. UBS Group decreased their price objective on shares of QUALCOMM from $185.00 to $160.00 and set a “neutral” rating for the company in a research report on Monday, January 26th. JPMorgan Chase & Co. raised their target price on shares of QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a report on Tuesday, November 4th. Citigroup restated a “neutral” rating on shares of QUALCOMM in a research note on Thursday, January 15th. Susquehanna set a $210.00 price objective on QUALCOMM in a research note on Thursday, November 6th. Finally, Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Ten analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $189.06.

QUALCOMM 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.