Vest Financial LLC Purchases 175,855 Shares of Qualcomm Incorporated $QCOM

Vest Financial LLC raised its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 167.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 280,735 shares of the wireless technology company’s stock after acquiring an additional 175,855 shares during the quarter. Vest Financial LLC’s holdings in Qualcomm were worth $51,666,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. PFS Partners LLC lifted its stake in Qualcomm by 20.6% in the third quarter. PFS Partners LLC now owns 633 shares of the wireless technology company’s stock valued at $117,000 after buying an additional 108 shares during the period. Magnus Financial Group LLC increased its stake in shares of Qualcomm by 5.2% in the 3rd quarter. Magnus Financial Group LLC now owns 3,532 shares of the wireless technology company’s stock valued at $650,000 after acquiring an additional 173 shares in the last quarter. AMG Asset Management Group Inc. increased its stake in shares of Qualcomm by 5.5% in the 3rd quarter. AMG Asset Management Group Inc. now owns 1,277 shares of the wireless technology company’s stock valued at $235,000 after acquiring an additional 67 shares in the last quarter. Albion Financial Group UT increased its stake in shares of Qualcomm by 0.4% in the 3rd quarter. Albion Financial Group UT now owns 43,760 shares of the wireless technology company’s stock valued at $8,054,000 after acquiring an additional 168 shares in the last quarter. Finally, Strengthening Families & Communities LLC lifted its position in shares of Qualcomm by 0.4% during the 3rd quarter. Strengthening Families & Communities LLC now owns 16,673 shares of the wireless technology company’s stock valued at $3,069,000 after acquiring an additional 69 shares during the period. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Qualcomm Trading Up 1.3%

Shares of Qualcomm stock opened at $177.96 on Thursday. The stock has a market capitalization of $190.03 billion, a PE ratio of 20.60, a price-to-earnings-growth ratio of 3.96 and a beta of 1.65. Qualcomm Incorporated has a 52 week low of $121.99 and a 52 week high of $259.92. The stock has a 50 day moving average price of $175.81 and a two-hundred day moving average price of $180.71. 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 issued its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). Qualcomm had a return on equity of 38.36% and a net margin of 21.01%. The firm had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.69 billion. During the same period in the previous year, the company earned $2.77 earnings per share. Qualcomm’s revenue for the quarter was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, equities analysts anticipate that Qualcomm Incorporated will post 7.74 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 17th. Investors of record on Thursday, December 3rd will be given a $0.92 dividend. The ex-dividend date of this dividend is Thursday, December 3rd. This represents a $3.68 annualized dividend and a yield of 2.1%. Qualcomm’s dividend payout ratio (DPR) is presently 42.59%.

Insider Buying and Selling at Qualcomm

In other Qualcomm news, CAO Patricia Grech sold 208 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $170.00, for a total transaction of $35,360.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano Amon sold 10,000 shares of the company’s stock in a transaction on Friday, September 25th. The stock was sold at an average price of $200.00, for a total transaction of $2,000,000.00. Following the transaction, the chief executive officer owned 177,568 shares in the company, valued at approximately $35,513,600. The trade was a 5.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 33,458 shares of company stock worth $6,198,144 in the last ninety days. 0.05% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on QCOM shares. Lake Street Capital lowered shares of Qualcomm to a “hold” rating in a research note on Thursday, June 25th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $235.00 price target on shares of Qualcomm in a research note on Wednesday, September 9th. Royal Bank Of Canada upped their price objective on shares of Qualcomm from $160.00 to $180.00 and gave the company a “sector perform” rating in a report on Wednesday, September 9th. TD Cowen upped their price objective on shares of Qualcomm from $175.00 to $200.00 and gave the company a “buy” rating in a report on Monday. Finally, The Goldman Sachs Group set a $160.00 price objective on shares of Qualcomm in a research report on Thursday, July 30th. 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 assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $205.83.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: TD Cowen raised its Qualcomm price target to $200 from $175 and upgraded the shares to “Buy.” The revision signals improved confidence in Qualcomm’s valuation and long-term growth prospects. TD Cowen analyst action
• Positive Sentiment: Qualcomm declared a quarterly dividend of $0.92 per share, payable December 17 to shareholders of record December 3. The $3.68 annualized payout represents a yield of approximately 2.1% and reinforces the stock’s appeal to income-oriented investors. Qualcomm Announces Quarterly Cash Dividend
• Positive Sentiment: The planned acquisition of PickNik Robotics could broaden Qualcomm’s AI growth strategy. PickNik’s robotics software may strengthen the Dragonwing ecosystem and help Qualcomm expand beyond smartphones into physical AI, industrial automation and connected devices. Can Qualcomm’s PickNik Acquisition Strengthen Its Robotics Edge?
• Neutral Sentiment: Qualcomm reportedly plans global job cuts following employee performance reviews. The restructuring could reduce expenses and improve operating margins, but the lack of disclosed details regarding the scale, timing and severance costs creates near-term execution uncertainty. Qualcomm to Cut Jobs Worldwide in Performance-Focused Layoffs
• Negative Sentiment: Executive Vice President Akash Palkhiwala sold 2,500 shares for approximately $437,650. The sale was conducted under a pre-arranged Rule 10b5-1 plan, which reduces its significance, but it adds to concerns because Qualcomm insiders have reported open-market sales without purchases in recent months. Qualcomm Insider Share Sale

About Qualcomm

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.