120,746 Qualcomm Incorporated $QCOM Shares Sold by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 21.3% during the third quarter, Holdings Channel.com reports. The fund owned 447,344 shares of the wireless technology company’s stock after selling 120,746 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Qualcomm were worth $82,329,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Your Advocates Ltd. LLP purchased a new position in shares of Qualcomm in the 1st quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd boosted its stake in Qualcomm by 17,000.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after purchasing an additional 170 shares in the last quarter. ABS Investment Management LLC acquired a new stake in Qualcomm in the 2nd quarter worth approximately $34,000. ABS Direct Equity Fund LLC acquired a new stake in Qualcomm in the 2nd quarter worth approximately $34,000. Finally, Burk Holdings LLC grew its position in Qualcomm by 191.7% during the 2nd quarter. Burk Holdings LLC now owns 210 shares of the wireless technology company’s stock worth $39,000 after purchasing an additional 138 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Qualcomm Stock Performance

QCOM stock opened at $175.91 on Monday. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92. The company’s 50-day simple moving average is $176.17 and its 200-day simple moving average is $181.39. The firm has a market cap of $187.84 billion, a P/E ratio of 20.36, a PEG ratio of 3.96 and a beta of 1.65.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.02). The firm had revenue of $9.95 billion during the quarter, compared to analyst estimates of $9.69 billion. Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period in the prior year, the company posted $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, equities analysts forecast that Qualcomm Incorporated will post 7.71 EPS for the current fiscal year.

Qualcomm Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 3rd will be paid a $0.92 dividend. The ex-dividend date of this dividend is Thursday, December 3rd. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.1%. Qualcomm’s dividend payout ratio (DPR) is 42.59%.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: ETFs recorded approximately $141.5 million in net Qualcomm purchases on Tuesday, followed by additional ETF buying reported for October 21. Passive and institutional demand can provide near-term support for QCOM. Qualcomm sees $141.5 million in net ETF buying
• Positive Sentiment: An analyst upgrade and a higher price target of $200 signal improving sentiment and suggest potential upside from current valuation levels. Qualcomm stock jumps on analyst upgrade Qualcomm price target raised to $200
• Positive Sentiment: A bullish investment thesis argues Qualcomm is being undervalued as it builds businesses in automotive, data centers and custom silicon, potentially making it a longer-term artificial-intelligence beneficiary rather than solely a handset-chip company. This chip stock could be a sleeper AI winner
• Positive Sentiment: Qualcomm declared a quarterly dividend of $0.92 per share, or $3.68 annualized, representing an approximately 2.1% yield and reinforcing its shareholder-return appeal. Qualcomm declares quarterly dividend
• Neutral Sentiment: Qualcomm will release fiscal fourth-quarter and full-year 2026 results after the market closes on November 4. The report and guidance are the next major catalysts for the stock. Qualcomm schedules fiscal 2026 earnings release
• Neutral Sentiment: Coverage from 37 analysts highlights substantial investor attention ahead of earnings, while a valuation review says the shares are near fair value after strong long-term gains. Qualcomm schedules November results Qualcomm stock remains near fair value
• Negative Sentiment: Erste Group cut its fiscal 2027 EPS forecast to $7.28 from $7.31, below the broader consensus estimate of $7.71, indicating modest pressure on forward earnings expectations. Qualcomm earnings estimate cut
• Negative Sentiment: Qualcomm’s executive vice president sold approximately $437,650 of company stock, which may weigh modestly on sentiment, although a single insider transaction is not necessarily a change in business outlook. Qualcomm insider selling
• Negative Sentiment: Comparisons with Intel point to Qualcomm’s more uneven revenue trend and recent sequential declines. Reports also describe automotive growth being offset by pressure on handset earnings, keeping smartphone weakness a key risk. Intel versus Qualcomm revenue comparison Qualcomm automotive growth and handset pressure

Insiders Place Their Bets

In other news, EVP Akash J. Palkhiwala sold 2,500 shares of the business’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $175.06, for a total transaction of $437,650.00. Following the transaction, the executive vice president owned 20,799 shares of the company’s stock, valued at approximately $3,641,072.94. The trade was a 10.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $147.04, for a total transaction of $470,528.00. Following the completion of the sale, the executive vice president directly owned 36,535 shares of the company’s stock, valued at $5,372,106.40. This represents a 8.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 33,458 shares of company stock worth $6,198,144. 0.05% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on QCOM shares. Freedom Capital upgraded shares of Qualcomm from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. The Goldman Sachs Group set a $160.00 price target on shares of Qualcomm in a report on Thursday, July 30th. Oppenheimer set a $200.00 price objective on shares of Qualcomm in a research note on Monday, July 27th. HSBC reissued a “hold” rating on shares of Qualcomm in a report on Wednesday, July 15th. Finally, Mizuho boosted their price objective on shares of Qualcomm from $170.00 to $210.00 and gave the company a “neutral” rating in a report on Monday, June 29th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty-one have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $205.83.

Qualcomm Company Profile

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.