Qualcomm Incorporated $QCOM Stock: Investment House LLC Reduces Position

Investment House LLC lessened its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 36.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 75,553 shares of the wireless technology company’s stock after selling 42,654 shares during the period. Investment House LLC’s holdings in Qualcomm were worth $13,905,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Baxter Bros Inc. acquired a new stake in Qualcomm during the 2nd quarter worth $17,844,000. Y Intercept Hong Kong Ltd purchased a new stake in Qualcomm in the second quarter valued at $28,068,000. Tensor Edge Capital LLC acquired a new position in Qualcomm in the second quarter valued at $147,315,000. Sawyer & Company Inc acquired a new position in Qualcomm in the third quarter valued at $2,403,000. Finally, Robinson Value Management Ltd. boosted its stake in Qualcomm by 40.5% in the third quarter. Robinson Value Management Ltd. now owns 34,184 shares of the wireless technology company’s stock valued at $6,291,000 after acquiring an additional 9,858 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Qualcomm Price Performance

Shares of NASDAQ:QCOM opened at $172.83 on Friday. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92. The stock has a market capitalization of $184.55 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 4.00 and a beta of 1.65. The company has a 50-day simple moving average of $175.97 and a 200-day simple moving average of $181.04. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). The company had revenue of $9.95 billion for the quarter, compared to analysts’ expectations of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%. The business’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period in the prior year, the business earned $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, analysts predict that Qualcomm Incorporated will post 7.71 EPS for the current year.

Qualcomm Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 3rd will be given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, December 3rd. Qualcomm’s dividend payout ratio (DPR) is presently 42.59%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Zacks Research cut Qualcomm from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 15th. Dbs Bank upgraded Qualcomm to a “moderate buy” rating in a research note on Tuesday, July 7th. DZ Bank raised Qualcomm from a “hold” rating to a “buy” rating and set a $265.00 price target on the stock in a research report on Friday, June 26th. Morgan Stanley reduced their price objective on Qualcomm from $231.00 to $220.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Finally, Piper Sandler assumed coverage on Qualcomm in a research note on Wednesday, September 9th. They issued a “neutral” rating and a $190.00 price objective for the company. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-one have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $205.83.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: An analyst upgrade and a higher $200 price target provide a favorable valuation signal and suggest potential upside from recent levels. Qualcomm Stock Jumps on Analyst Upgrade
• Positive Sentiment: Qualcomm reported approximately $141.5 million in net ETF buying on Tuesday, indicating some institutional demand for QCOM shares. Qualcomm Sees Net ETF Buying
• Positive Sentiment: The company declared a quarterly dividend of $0.92 per share, or $3.68 annualized, supporting Qualcomm’s income appeal. The dividend is payable December 17 to shareholders of record December 3. Qualcomm Announces Quarterly Cash Dividend
• Neutral Sentiment: Qualcomm will release fourth-quarter and fiscal 2026 results after the market closes on November 4. The announcement gives investors a near-term catalyst, with guidance and management commentary likely to determine the next major move. Qualcomm Schedules Fiscal 2026 Earnings Release
• Neutral Sentiment: Qualcomm’s automotive growth is being offset by pressure on handset earnings, leaving investors focused on whether newer businesses can reduce dependence on smartphones.
• Negative Sentiment: Recent comparisons show Intel generating higher revenue across the reported quarterly periods, while Qualcomm’s sales have fluctuated and declined sequentially. Intel vs. Qualcomm: A Widening Gap in Revenue
• Negative Sentiment: An executive sold 2,500 shares worth approximately $437,650 under a pre-arranged Rule 10b5-1 plan. While routine insider selling is not necessarily bearish, it adds modest sentiment pressure.

Insider Activity at Qualcomm

In other Qualcomm news, EVP Akash Palkhiwala sold 2,500 shares of Qualcomm stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $175.06, for a total value of $437,650.00. Following the transaction, the executive vice president directly owned 20,799 shares in the company, valued at approximately $3,641,072.94. This trade represents a 10.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano Amon sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $200.00, for a total value of $2,000,000.00. Following the completion of the transaction, the chief executive officer directly owned 177,568 shares in the company, valued at approximately $35,513,600. The trade was a 5.33% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 33,458 shares of company stock worth $6,198,144 in the last ninety days. Company insiders own 0.05% of the company’s stock.

Qualcomm Company Profile

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.