Circle Wealth Management LLC Has $1.08 Million Stake in QUALCOMM Incorporated $QCOM

Circle Wealth Management LLC cut its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 2.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,996 shares of the wireless technology company’s stock after selling 180 shares during the quarter. Circle Wealth Management LLC’s holdings in QUALCOMM were worth $1,075,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in QCOM. Eagle Strategies LLC increased its position in QUALCOMM by 4.3% in the 4th quarter. Eagle Strategies LLC now owns 1,427 shares of the wireless technology company’s stock valued at $219,000 after buying an additional 59 shares in the last quarter. Clark Capital Management Group Inc. increased its holdings in shares of QUALCOMM by 3.6% during the fourth quarter. Clark Capital Management Group Inc. now owns 1,717 shares of the wireless technology company’s stock valued at $264,000 after acquiring an additional 59 shares in the last quarter. Westwood Holdings Group Inc. lifted its holdings in shares of QUALCOMM by 2.1% in the 4th quarter. Westwood Holdings Group Inc. now owns 3,313 shares of the wireless technology company’s stock worth $509,000 after purchasing an additional 69 shares in the last quarter. Collaborative Wealth Managment Inc. lifted its holdings in shares of QUALCOMM by 5.1% in the 1st quarter. Collaborative Wealth Managment Inc. now owns 1,412 shares of the wireless technology company’s stock worth $217,000 after purchasing an additional 69 shares in the last quarter. Finally, Thoroughbred Financial Services LLC increased its stake in QUALCOMM by 0.3% during the 1st quarter. Thoroughbred Financial Services LLC now owns 25,254 shares of the wireless technology company’s stock valued at $3,879,000 after purchasing an additional 69 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Activity at QUALCOMM

In other news, insider Heather S. Ace sold 1,600 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $146.40, for a total transaction of $234,240.00. Following the completion of the transaction, the insider directly owned 21,193 shares of the company’s stock, valued at $3,102,655.20. This represents a 7.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Neil Martin sold 791 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $154.82, for a total transaction of $122,462.62. Following the sale, the chief accounting officer owned 1,106 shares of the company’s stock, valued at approximately $171,230.92. The trade was a 41.70% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,390 shares of company stock worth $1,874,817. 0.08% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Mizuho decreased their target price on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a research report on Thursday, July 31st. Citigroup reiterated a “hold” rating on shares of QUALCOMM in a research note on Thursday, July 17th. Robert W. Baird lowered their price objective on QUALCOMM from $250.00 to $216.00 and set an “outperform” rating for the company in a research note on Thursday, May 1st. UBS Group raised their target price on QUALCOMM from $145.00 to $165.00 and gave the company a “neutral” rating in a report on Monday, July 21st. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $150.00 target price on shares of QUALCOMM in a research report on Thursday, May 1st. Eleven investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, QUALCOMM currently has a consensus rating of “Hold” and an average target price of $181.10.

QUALCOMM Price Performance

QUALCOMM stock opened at $154.13 on Friday. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $182.10. The company’s 50 day moving average price is $155.57 and its two-hundred day moving average price is $153.30. The stock has a market cap of $166.31 billion, a P/E ratio of 14.86, a P/E/G ratio of 2.27 and a beta of 1.23. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, beating analysts’ consensus estimates of $2.71 by $0.06. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The company had revenue of $10.37 billion during the quarter, compared to the consensus estimate of $10.33 billion. During the same period last year, the business posted $2.33 earnings per share. QUALCOMM’s revenue was up 10.4% on a year-over-year basis. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, equities analysts predict that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 4th will be given a dividend of $0.89 per share. The ex-dividend date is Thursday, September 4th. This represents a $3.56 annualized dividend and a yield of 2.3%. QUALCOMM’s dividend payout ratio is presently 34.33%.

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.