Huntleigh Advisors Inc. Acquires Shares of 6,353 QUALCOMM Incorporated $QCOM

Huntleigh Advisors Inc. bought a new position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 6,353 shares of the wireless technology company’s stock, valued at approximately $1,012,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Vermillion & White Wealth Management Group LLC lifted its holdings in QUALCOMM by 122.4% during the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock valued at $26,000 after buying an additional 93 shares in the last quarter. Atlantic Edge Private Wealth Management LLC boosted its holdings in shares of QUALCOMM by 70.0% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 70 shares during the period. Chung Wu Investment Group LLC purchased a new stake in shares of QUALCOMM in the second quarter valued at approximately $32,000. Harbor Asset Planning Inc. bought a new position in QUALCOMM in the second quarter worth approximately $32,000. Finally, Atticus Wealth Management LLC increased its holdings in QUALCOMM by 21,200.0% during the 2nd quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock worth $34,000 after purchasing an additional 212 shares during the period. 74.35% of the stock is currently owned by institutional investors.

QUALCOMM Stock Performance

Shares of QUALCOMM stock opened at $163.45 on Friday. The company has a market capitalization of $176.36 billion, a PE ratio of 15.76, a P/E/G ratio of 2.39 and a beta of 1.23. The company has a 50-day simple moving average of $162.00 and a two-hundred day simple moving average of $153.74. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $182.10. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.71 by $0.06. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The firm had revenue of $10.37 billion for the quarter, compared to the consensus estimate of $10.33 billion. During the same quarter in the previous year, the firm earned $2.33 EPS. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Research analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be issued a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s dividend payout ratio is currently 34.33%.

Insider Activity

In other news, CAO Patricia Y. Grech sold 273 shares of the business’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $161.42, for a total transaction of $44,067.66. Following the sale, the chief accounting officer owned 404 shares in the company, valued at approximately $65,213.68. The trade was a 40.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Neil Martin sold 791 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $154.82, for a total transaction of $122,462.62. Following the transaction, the chief accounting officer owned 1,106 shares in the company, valued at approximately $171,230.92. This trade represents a 41.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold 159,767 shares of company stock worth $26,322,745 over the last quarter. Company insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

QCOM has been the subject of several research reports. Mizuho lowered their target price on QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a report on Thursday, July 31st. Sanford C. Bernstein set a $185.00 price objective on shares of QUALCOMM and gave the stock an “outperform” rating in a research note on Monday, July 28th. Weiss Ratings reissued a “hold (c+)” rating on shares of QUALCOMM in a research report on Wednesday, October 8th. Arete upgraded shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a report on Tuesday, August 26th. Finally, Wall Street Zen downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $182.82.

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.