Police & Firemen s Retirement System of New Jersey Purchases 4,172 Shares of QUALCOMM Incorporated $QCOM

Police & Firemen s Retirement System of New Jersey lifted its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 2.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 166,946 shares of the wireless technology company’s stock after purchasing an additional 4,172 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in QUALCOMM were worth $26,588,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC grew its holdings in shares of QUALCOMM by 122.4% during the first quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after buying an additional 93 shares in the last quarter. Chung Wu Investment Group LLC acquired a new position in shares of QUALCOMM during the 2nd quarter worth approximately $32,000. Harbor Asset Planning Inc. bought a new stake in shares of QUALCOMM during the 2nd quarter worth about $32,000. Atticus Wealth Management LLC raised its holdings in QUALCOMM by 21,200.0% in the 2nd quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock valued at $34,000 after acquiring an additional 212 shares during the period. Finally, CBIZ Investment Advisory Services LLC boosted its holdings in shares of QUALCOMM by 44.6% during the first quarter. CBIZ Investment Advisory Services LLC now owns 256 shares of the wireless technology company’s stock worth $39,000 after acquiring an additional 79 shares during the period. 74.35% of the stock is owned by institutional investors and hedge funds.

Insider Activity at QUALCOMM

In related news, insider Heather S. Ace sold 1,600 shares of the company’s 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 sale, the insider owned 19,593 shares in the company, valued at $3,387,041.91. This represents a 7.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Cristiano R. Amon sold 150,000 shares of the company’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the completion of the sale, the chief executive officer directly owned 149,304 shares of the company’s stock, valued at $24,718,770.24. The trade was a 50.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 168,305 shares of company stock worth $27,858,392. Corporate insiders own 0.08% of the company’s stock.

QUALCOMM Stock Performance

Shares of QCOM stock opened at $176.67 on Thursday. The business’s 50-day moving average price is $168.37 and its 200-day moving average price is $158.63. The firm has a market capitalization of $189.21 billion, a price-to-earnings ratio of 17.04, a PEG ratio of 2.59 and a beta of 1.26. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly 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. The firm had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The company’s revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the company posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities research analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be given a dividend of $0.89 per share. The ex-dividend date is Thursday, December 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.0%. QUALCOMM’s dividend payout ratio is presently 72.80%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on QCOM shares. Piper Sandler boosted their target price on shares of QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. UBS Group raised their price objective on QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Arete Research set a $200.00 price target on QUALCOMM in a research report on Tuesday, August 26th. Cowen reiterated a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Finally, Wells Fargo & Company increased their price target on shares of QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a research report on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, QUALCOMM presently has an average 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.