Universal Beteiligungs und Servicegesellschaft mbH Increases Holdings in QUALCOMM Incorporated $QCOM

Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 0.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,407,217 shares of the wireless technology company’s stock after acquiring an additional 7,018 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in QUALCOMM were worth $224,113,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Vermillion & White Wealth Management Group LLC raised its position in shares of QUALCOMM by 122.4% in the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 93 shares during the last quarter. Chung Wu Investment Group LLC bought a new stake in QUALCOMM during the 2nd quarter valued at about $32,000. Harbor Asset Planning Inc. purchased a new position in QUALCOMM in the second quarter worth about $32,000. Atticus Wealth Management LLC raised its holdings in QUALCOMM by 21,200.0% in the second quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock worth $34,000 after buying an additional 212 shares during the last quarter. Finally, CBIZ Investment Advisory Services LLC lifted its stake in shares of QUALCOMM by 44.6% in the first quarter. CBIZ Investment Advisory Services LLC now owns 256 shares of the wireless technology company’s stock worth $39,000 after buying an additional 79 shares in the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on QCOM. Arete Research set a $200.00 price objective on shares of QUALCOMM in a report on Tuesday, August 26th. Susquehanna set a $210.00 target price on QUALCOMM in a report on Thursday, November 6th. Piper Sandler upped their price target on QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. Bank of America increased their price objective on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of QUALCOMM in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $190.38.

Insider Activity at QUALCOMM

In other QUALCOMM news, CFO Akash J. Palkhiwala sold 8,335 shares of the company’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $166.06, for a total value of $1,384,110.10. Following the completion of the sale, the chief financial officer owned 36,541 shares in the company, valued at $6,067,998.46. This represents a 18.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Patricia Y. Grech sold 273 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $161.42, for a total value of $44,067.66. Following the completion of the transaction, the chief accounting officer directly owned 404 shares in the company, valued at $65,213.68. This trade represents a 40.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 168,305 shares of company stock valued at $27,858,392 in the last ninety days. Corporate insiders own 0.08% of the company’s stock.

QUALCOMM Trading Down 0.3%

QUALCOMM stock opened at $173.98 on Friday. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The company has a market cap of $186.33 billion, a P/E ratio of 16.78, a P/E/G ratio of 2.59 and a beta of 1.26. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. The business has a 50-day simple moving average of $168.95 and a two-hundred day simple moving average of $159.00.

QUALCOMM (NASDAQ:QCOM) last announced 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 26.77% and a return on equity of 40.35%. The company had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. During the same period in the previous year, the business posted $2.69 earnings per share. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The business 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 yield of 2.0%. QUALCOMM’s payout ratio is 72.80%.

QUALCOMM 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.