Robeco Schweiz AG Reduces Stake in QUALCOMM Incorporated $QCOM

Robeco Schweiz AG decreased its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 2.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 187,295 shares of the wireless technology company’s stock after selling 5,500 shares during the quarter. Robeco Schweiz AG’s holdings in QUALCOMM were worth $29,829,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Birchcreek Wealth Management LLC grew its stake in shares of QUALCOMM by 18.3% during the second quarter. Birchcreek Wealth Management LLC now owns 4,527 shares of the wireless technology company’s stock valued at $721,000 after buying an additional 699 shares during the last quarter. Aspen Wealth Strategies LLC grew its holdings in shares of QUALCOMM by 5.9% in the second quarter. Aspen Wealth Strategies LLC now owns 2,158 shares of the wireless technology company’s stock worth $344,000 after purchasing an additional 120 shares during the last quarter. Samalin Investment Counsel LLC purchased a new position in QUALCOMM in the 2nd quarter worth about $254,000. Vise Technologies Inc. bought a new stake in QUALCOMM during the 2nd quarter valued at about $5,998,000. Finally, Mosaic Financial Group LLC lifted its holdings in QUALCOMM by 3.3% during the 2nd quarter. Mosaic Financial Group LLC now owns 2,195 shares of the wireless technology company’s stock valued at $350,000 after buying an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Bank of America raised their target price on shares of QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. UBS Group lifted their target price on QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. JPMorgan Chase & Co. raised their price target on QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a research note on Tuesday, November 4th. Weiss Ratings downgraded QUALCOMM from a “buy (b-)” rating to a “hold (c)” rating in a report on Friday. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $225.00 target price on shares of QUALCOMM in a report on Thursday, November 6th. One investment 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 stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $190.38.

Insider Activity

In related news, CEO Cristiano R. Amon sold 150,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total value of $24,834,000.00. Following the completion of the transaction, the chief executive officer directly owned 149,304 shares of the company’s stock, valued at $24,718,770.24. This trade represents a 50.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Akash J. Palkhiwala sold 8,335 shares of the business’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $166.06, for a total transaction of $1,384,110.10. Following the sale, the chief financial officer directly owned 36,541 shares in the company, valued at approximately $6,067,998.46. This represents a 18.57% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 168,305 shares of company stock valued at $27,858,392. 0.08% of the stock is owned by company insiders.

QUALCOMM Trading Up 0.4%

NASDAQ:QCOM opened at $171.57 on Tuesday. The stock has a market capitalization of $183.75 billion, a price-to-earnings ratio of 16.54, 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 firm has a 50 day moving average of $167.68 and a 200 day moving average of $158.32.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, topping 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 quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, sell-side analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be paid a dividend of $0.89 per share. The ex-dividend date is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.1%. QUALCOMM’s payout ratio is presently 72.80%.

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.