Osaic Holdings Inc. Boosts Stake in QUALCOMM Incorporated $QCOM

Osaic Holdings Inc. raised its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 8.9% during the second quarter, HoldingsChannel.com reports. The firm owned 406,317 shares of the wireless technology company’s stock after buying an additional 33,094 shares during the quarter. Osaic Holdings Inc.’s holdings in QUALCOMM were worth $64,540,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vermillion & White Wealth Management Group LLC raised its holdings in QUALCOMM by 122.4% in the first 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 during the period. Chung Wu Investment Group LLC acquired a new stake in shares of QUALCOMM in the second quarter valued at about $32,000. Harbor Asset Planning Inc. acquired a new stake in QUALCOMM in the second quarter valued at approximately $32,000. Winnow Wealth LLC acquired a new stake in QUALCOMM during the 2nd quarter valued at $32,000. Finally, Lavaca Capital LLC acquired a new stake in shares of QUALCOMM during the second quarter valued at about $32,000. 74.35% of the stock is owned by institutional investors and hedge funds.

Insider Activity at QUALCOMM

In related news, CEO Cristiano R. Amon sold 150,000 shares of the business’s stock in a transaction that occurred on 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 sale, the chief executive officer 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $170.33, for a total value of $567,709.89. Following the completion of the sale, the chief financial officer owned 33,208 shares of the company’s stock, valued at $5,656,318.64. This trade represents a 9.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 164,388 shares of company stock valued at $27,248,752. 0.08% of the stock is currently owned by insiders.

QUALCOMM Stock Up 0.5%

Shares of QUALCOMM stock opened at $179.26 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95. The business’s fifty day moving average price is $170.94 and its two-hundred day moving average price is $162.53. The company has a market capitalization of $191.99 billion, a P/E ratio of 36.66, a PEG ratio of 3.91 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.87 by $0.13. The company had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, research analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on QCOM shares. Mizuho lifted their price target on shares of QUALCOMM from $185.00 to $200.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. Piper Sandler increased their price target on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. TD Cowen raised their target price on QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Finally, UBS Group upped their price target on shares of QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $191.00.

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.