SYM FINANCIAL Corp Has $274,000 Position in QUALCOMM Incorporated $QCOM

SYM FINANCIAL Corp reduced its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 4.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,717 shares of the wireless technology company’s stock after selling 79 shares during the period. SYM FINANCIAL Corp’s holdings in QUALCOMM were worth $274,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of QCOM. Kingstone Capital Partners Texas LLC boosted its position in QUALCOMM by 656,661.0% during the second quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock valued at $9,360,274,000 after purchasing an additional 58,764,593 shares during the last quarter. Nuveen LLC acquired a new position in QUALCOMM during the first quarter valued at approximately $529,713,000. Goldman Sachs Group Inc. boosted its position in QUALCOMM by 24.1% during the first quarter. Goldman Sachs Group Inc. now owns 7,254,759 shares of the wireless technology company’s stock valued at $1,114,403,000 after purchasing an additional 1,407,797 shares during the last quarter. Deutsche Bank AG boosted its position in QUALCOMM by 11.2% during the first quarter. Deutsche Bank AG now owns 8,665,910 shares of the wireless technology company’s stock valued at $1,331,170,000 after purchasing an additional 875,412 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position in QUALCOMM by 84.6% during the first quarter. AQR Capital Management LLC now owns 1,544,011 shares of the wireless technology company’s stock valued at $230,444,000 after purchasing an additional 707,615 shares during the last quarter. 74.35% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently commented on the company. Weiss Ratings raised QUALCOMM from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Saturday. Citigroup reissued a “hold” rating on shares of QUALCOMM in a research report on Thursday, July 17th. Arete Research set a $200.00 price objective on QUALCOMM in a research note on Tuesday, August 26th. Sanford C. Bernstein set a $185.00 price objective on QUALCOMM and gave the company an “outperform” rating in a research note on Monday, July 28th. Finally, UBS Group set a $165.00 price objective on QUALCOMM in a research note on Monday. One equities 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’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $183.73.

Insider Transactions at QUALCOMM

In other QUALCOMM news, CFO Akash J. Palkhiwala sold 8,335 shares of the firm’s stock in a transaction on 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 sale, the chief financial officer owned 36,541 shares of the company’s stock, valued at approximately $6,067,998.46. This trade represents a 18.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Patricia Y. Grech sold 201 shares of the firm’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $170.00, for a total value of $34,170.00. Following the completion of the sale, the chief accounting officer directly owned 203 shares in the company, valued at approximately $34,510. This represents a 49.75% 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 worth $27,706,855. 0.08% of the stock is owned by insiders.

QUALCOMM Price Performance

QUALCOMM stock opened at $187.68 on Tuesday. The stock’s fifty day moving average price is $163.97 and its two-hundred day moving average price is $155.51. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. 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 firm has a market cap of $202.51 billion, a PE ratio of 18.10, a price-to-earnings-growth ratio of 2.45 and a beta of 1.23.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $0.06. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm had revenue of $10.37 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same quarter last year, the company earned $2.33 EPS. The company’s revenue was up 10.4% on a year-over-year basis. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, research analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s dividend payout ratio (DPR) is 34.33%.

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.