Aspiriant LLC Cuts Stock Holdings in QUALCOMM Incorporated $QCOM

Aspiriant LLC lowered its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 12.5% during the second quarter, Holdings Channel reports. The fund owned 12,779 shares of the wireless technology company’s stock after selling 1,823 shares during the period. Aspiriant LLC’s holdings in QUALCOMM were worth $2,035,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of QCOM. Brighton Jones LLC increased its position in shares of QUALCOMM by 116.6% during the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $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 fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock worth $391,000 after purchasing an additional 340 shares in the last quarter. GAMMA Investing LLC increased its holdings in QUALCOMM by 35.4% in the first quarter. GAMMA Investing LLC now owns 21,241 shares of the wireless technology company’s stock valued at $3,263,000 after buying an additional 5,555 shares during the last quarter. Premier Path Wealth Partners LLC raised its stake in QUALCOMM by 9.7% in the first quarter. Premier Path Wealth Partners LLC now owns 5,019 shares of the wireless technology company’s stock valued at $771,000 after buying an additional 445 shares in the last quarter. Finally, Boston Trust Walden Corp lifted its holdings in QUALCOMM by 2.9% during the 1st quarter. Boston Trust Walden Corp now owns 298,048 shares of the wireless technology company’s stock worth $45,783,000 after buying an additional 8,517 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling

In other QUALCOMM news, CAO Patricia Y. Grech sold 201 shares of the company’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $170.00, for a total value of $34,170.00. Following the sale, the chief accounting officer owned 203 shares of the company’s stock, valued at approximately $34,510. This represents a 49.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Cristiano R. Amon sold 150,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total value of $24,834,000.00. Following the completion of the sale, the chief executive officer directly owned 149,304 shares in the company, valued at $24,718,770.24. This trade represents a 50.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 159,767 shares of company stock valued at $26,322,745 in the last three months. 0.08% of the stock is owned by insiders.

Analyst Ratings Changes

QCOM has been the topic of a number of recent analyst reports. Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a report on Sunday, August 3rd. JPMorgan Chase & Co. increased their price target on shares of QUALCOMM from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. Rosenblatt Securities reiterated a “buy” rating and issued a $225.00 price target on shares of QUALCOMM in a research note on Thursday, July 31st. Piper Sandler dropped their price target on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a research note on Thursday, July 31st. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of QUALCOMM in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $182.82.

QUALCOMM Price Performance

Shares of QCOM opened at $163.45 on Friday. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $182.10. The company has a market capitalization of $176.36 billion, a price-to-earnings ratio of 15.76, a price-to-earnings-growth ratio of 2.39 and a beta of 1.23. The firm has a 50-day simple moving average of $162.00 and a 200-day simple moving average of $153.74. 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 posted its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.71 by $0.06. The firm had revenue of $10.37 billion during the quarter, compared to analysts’ expectations of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

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

About QUALCOMM

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.