QUALCOMM Incorporated $QCOM Stake Increased by Entropy Technologies LP

Entropy Technologies LP boosted its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 41.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 81,817 shares of the wireless technology company’s stock after purchasing an additional 23,971 shares during the period. QUALCOMM makes up approximately 1.0% of Entropy Technologies LP’s investment portfolio, making the stock its 2nd biggest holding. Entropy Technologies LP’s holdings in QUALCOMM were worth $13,030,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Magnetar Financial LLC lifted its stake in shares of QUALCOMM by 65.1% during the 2nd quarter. Magnetar Financial LLC now owns 6,714 shares of the wireless technology company’s stock worth $1,069,000 after acquiring an additional 2,647 shares during the last quarter. Swiss National Bank increased its stake in QUALCOMM by 6.8% in the second quarter. Swiss National Bank now owns 3,347,900 shares of the wireless technology company’s stock worth $533,187,000 after purchasing an additional 214,400 shares during the period. ABN AMRO Bank N.V. purchased a new stake in QUALCOMM in the second quarter worth $1,299,000. Handelsbanken Fonder AB lifted its position in shares of QUALCOMM by 2.5% during the second quarter. Handelsbanken Fonder AB now owns 486,404 shares of the wireless technology company’s stock worth $77,465,000 after purchasing an additional 11,807 shares during the last quarter. Finally, Prudential PLC boosted its stake in shares of QUALCOMM by 9.5% during the second quarter. Prudential PLC now owns 110,093 shares of the wireless technology company’s stock valued at $17,533,000 after purchasing an additional 9,543 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

QUALCOMM Stock Performance

Shares of QCOM stock opened at $159.59 on Friday. The firm has a market cap of $170.92 billion, a price-to-earnings ratio of 15.39, a PEG ratio of 2.59 and a beta of 1.26. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. The company’s 50 day moving average is $169.31 and its 200 day moving average is $159.52.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly 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. The business had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The business’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the business posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, sell-side analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be issued a $0.89 dividend. The ex-dividend date is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.2%. QUALCOMM’s payout ratio is currently 72.80%.

Insider Activity

In other news, CFO Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $170.33, for a total value of $567,709.89. Following the sale, the chief financial officer directly owned 33,208 shares in the company, valued at approximately $5,656,318.64. This trade represents a 9.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Heather S. Ace sold 1,600 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $172.87, for a total transaction of $276,592.00. Following the transaction, the insider owned 19,593 shares of the company’s stock, valued at approximately $3,387,041.91. This trade represents a 7.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 167,514 shares of company stock valued at $27,735,930. Corporate insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on QCOM shares. Susquehanna set a $210.00 price target on shares of QUALCOMM in a research note on Thursday, November 6th. UBS Group raised their target price on shares of QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Wall Street Zen upgraded QUALCOMM from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Bank of America raised their price objective on QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Finally, Cowen reiterated a “buy” rating on shares of QUALCOMM in a report on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, QUALCOMM presently has an average rating of “Moderate Buy” and an average target price of $190.38.

QUALCOMM Company 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.