QUALCOMM Incorporated $QCOM Shares Acquired by Stablepoint Partners LLC

Stablepoint Partners LLC boosted its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 13.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,668 shares of the wireless technology company’s stock after acquiring an additional 4,386 shares during the period. Stablepoint Partners LLC’s holdings in QUALCOMM were worth $6,266,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. raised its stake in shares of QUALCOMM by 72.2% during the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 65 shares during the last quarter. Chung Wu Investment Group LLC acquired a new position in QUALCOMM in the 2nd quarter valued at $32,000. Harbor Asset Planning Inc. purchased a new position in QUALCOMM during the 2nd quarter worth $32,000. Winnow Wealth LLC acquired a new stake in shares of QUALCOMM in the 2nd quarter worth $32,000. Finally, Lavaca Capital LLC purchased a new stake in shares of QUALCOMM in the second quarter valued at about $32,000. 74.35% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Mizuho reduced their price objective on shares of QUALCOMM from $175.00 to $160.00 and set a “neutral” rating for the company in a research report on Monday. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 price target on shares of QUALCOMM in a report on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of QUALCOMM in a report on Monday, December 29th. Bank of America raised their target price on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Finally, Susquehanna set a $210.00 price target on shares of QUALCOMM in a report on Thursday, November 6th. Ten investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $189.06.

Insider Activity at QUALCOMM

In other news, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction on Friday, November 7th. The stock was sold at an average price of $172.87, for a total value of $276,592.00. Following the completion of the sale, the insider owned 19,593 shares of the company’s stock, valued at $3,387,041.91. The trade was a 7.55% 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, EVP Akash J. Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $173.30, for a total value of $577,608.90. Following the completion of the sale, the executive vice president owned 38,932 shares of the company’s stock, valued at $6,746,915.60. This trade represents a 7.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 44,820 shares of company stock worth $7,883,482 over the last three months. Company insiders own 0.05% of the company’s stock.

QUALCOMM Stock Performance

NASDAQ:QCOM opened at $154.52 on Tuesday. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The company has a market capitalization of $165.04 billion, a P/E ratio of 31.60, a price-to-earnings-growth ratio of 3.47 and a beta of 1.21. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. The firm has a 50-day moving average price of $170.11 and a two-hundred day moving average price of $165.51.

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

QUALCOMM Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be issued a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s dividend payout ratio is 72.80%.

QUALCOMM Profile

QUALCOMM Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi?Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.