QUALCOMM Incorporated $QCOM Shares Sold by Boyd Watterson Asset Management LLC OH

Boyd Watterson Asset Management LLC OH reduced its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 2.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,105 shares of the wireless technology company’s stock after selling 403 shares during the quarter. Boyd Watterson Asset Management LLC OH’s holdings in QUALCOMM were worth $2,565,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in QCOM. Brighton Jones LLC increased its stake in QUALCOMM by 116.6% in the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after purchasing an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC grew its position in QUALCOMM by 15.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after acquiring an additional 340 shares during the period. Golden State Wealth Management LLC grew its position in QUALCOMM by 24.8% during the first quarter. Golden State Wealth Management LLC now owns 4,457 shares of the wireless technology company’s stock valued at $685,000 after acquiring an additional 885 shares during the period. Joel Isaacson & Co. LLC grew its position in QUALCOMM by 9.4% during the first quarter. Joel Isaacson & Co. LLC now owns 6,694 shares of the wireless technology company’s stock valued at $1,028,000 after acquiring an additional 574 shares during the period. Finally, Essex Financial Services Inc. grew its position in QUALCOMM by 3.2% during the first quarter. Essex Financial Services Inc. now owns 11,936 shares of the wireless technology company’s stock valued at $1,833,000 after acquiring an additional 367 shares during the period. 74.35% of the stock is currently owned by institutional investors and hedge funds.

QUALCOMM Price Performance

Shares of NASDAQ QCOM opened at $187.68 on Tuesday. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95. The business has a 50-day moving average of $163.97 and a 200-day moving average of $155.51. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. The company has a market capitalization of $202.51 billion, a price-to-earnings ratio of 18.10, a PEG ratio of 2.45 and a beta of 1.23.

QUALCOMM (NASDAQ:QCOM) last issued its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, topping the consensus estimate 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 quarter in the prior year, the business earned $2.33 earnings per share. The company’s revenue was up 10.4% compared to the same quarter last year. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, equities analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be paid a $0.89 dividend. The ex-dividend date is Thursday, December 4th. This represents a $3.56 annualized dividend and a dividend yield of 1.9%. QUALCOMM’s payout ratio is 34.33%.

Insiders Place Their Bets

In related news, CFO Akash J. Palkhiwala sold 8,335 shares of the business’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $166.06, for a total value of $1,384,110.10. Following the transaction, the chief financial officer owned 36,541 shares in the company, valued at approximately $6,067,998.46. The trade was a 18.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Neil Martin sold 791 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $154.82, for a total value of $122,462.62. Following the completion of the transaction, the chief accounting officer owned 1,106 shares in the company, valued at approximately $171,230.92. This trade represents a 41.70% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 168,102 shares of company stock valued at $27,706,855. Insiders own 0.08% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on QCOM shares. Susquehanna boosted their price target on QUALCOMM from $190.00 to $200.00 and gave the company a “positive” rating in a research report on Wednesday, October 22nd. JPMorgan Chase & Co. boosted their price target on QUALCOMM from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Monday, July 28th. Piper Sandler lowered their price target on QUALCOMM from $190.00 to $175.00 and set an “overweight” rating for the company in a research report on Thursday, July 31st. Arete raised QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a research report on Tuesday, August 26th. Finally, Arete Research set a $200.00 price target on QUALCOMM in a research report on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $183.73.

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.