BSW Wealth Partners Grows Position in QUALCOMM Incorporated $QCOM

BSW Wealth Partners raised its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 1.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,699 shares of the wireless technology company’s stock after purchasing an additional 83 shares during the quarter. BSW Wealth Partners’ holdings in QUALCOMM were worth $908,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. WFA Asset Management Corp bought a new position in QUALCOMM in the 1st quarter valued at $27,000. Vermillion & White Wealth Management Group LLC boosted its stake 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 valued at $26,000 after purchasing an additional 93 shares during the period. Atlantic Edge Private Wealth Management LLC grew its holdings in shares of QUALCOMM by 70.0% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 70 shares during the last quarter. Atticus Wealth Management LLC increased its stake 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 worth $34,000 after buying an additional 212 shares during the period. Finally, Abound Financial LLC purchased a new position in QUALCOMM in the 1st quarter worth about $39,000. Institutional investors own 74.35% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on QCOM shares. Rosenblatt Securities restated a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a research note on Thursday, July 31st. Sanford C. Bernstein set a $185.00 price objective on QUALCOMM and gave the stock an “outperform” rating in a research note on Monday, July 28th. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a research report on Sunday, August 3rd. Citigroup reiterated a “hold” rating on shares of QUALCOMM in a report on Thursday, July 17th. Finally, Bank of America cut their price target on QUALCOMM from $245.00 to $200.00 and set a “buy” rating on the stock in a research note on Tuesday, June 17th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $182.82.

Insiders Place Their Bets

In related news, CFO Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $156.86, for a total transaction of $522,814.38. Following the transaction, the chief financial officer directly owned 39,874 shares in the company, valued at $6,254,635.64. The trade was a 7.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Patricia Y. Grech sold 201 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $170.00, for a total value of $34,170.00. Following the transaction, the chief accounting officer directly owned 203 shares in the company, valued at $34,510. This represents a 49.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,767 shares of company stock worth $1,488,745 over the last quarter. Company insiders own 0.08% of the company’s stock.

QUALCOMM Stock Performance

Shares of QUALCOMM stock opened at $166.49 on Thursday. The company has a market capitalization of $179.64 billion, a PE ratio of 16.05, a P/E/G ratio of 2.41 and a beta of 1.23. The company has a 50-day simple moving average of $159.09 and a two-hundred day simple moving average of $153.12. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $182.10. 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 released its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, beating analysts’ consensus estimates of $2.71 by $0.06. The business had revenue of $10.37 billion for 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 company’s revenue was up 10.4% compared to the same quarter last year. During the same period last year, the business earned $2.33 EPS. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Research analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th were issued a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Thursday, September 4th. QUALCOMM’s dividend payout ratio is currently 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.