Waterloo Capital L.P. Buys 1,012 Shares of QUALCOMM Incorporated $QCOM

Waterloo Capital L.P. increased its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 14.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,180 shares of the wireless technology company’s stock after buying an additional 1,012 shares during the quarter. Waterloo Capital L.P.’s holdings in QUALCOMM were worth $1,303,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in QCOM. Kingstone Capital Partners Texas LLC increased its holdings in QUALCOMM by 656,661.0% during the 2nd 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 period. Nuveen LLC purchased a new stake in QUALCOMM in the first quarter worth $529,713,000. Goldman Sachs Group Inc. boosted its holdings in QUALCOMM by 24.1% in 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 acquiring an additional 1,407,797 shares in the last quarter. Deutsche Bank AG raised its holdings in QUALCOMM by 11.2% in the 1st quarter. Deutsche Bank AG now owns 8,665,910 shares of the wireless technology company’s stock worth $1,331,170,000 after purchasing an additional 875,412 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of QUALCOMM by 84.6% in the 1st quarter. AQR Capital Management LLC now owns 1,544,011 shares of the wireless technology company’s stock worth $230,444,000 after purchasing an additional 707,615 shares during the period. Institutional investors own 74.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on QCOM shares. Arete Research set a $200.00 price objective on shares of QUALCOMM in a report on Tuesday, August 26th. Weiss Ratings restated a “hold (c)” rating on shares of QUALCOMM in a research report on Wednesday. Bank of America raised their price objective on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Susquehanna set a $210.00 target price on shares of QUALCOMM in a research report on Thursday, November 6th. Finally, Wall Street Zen cut shares of QUALCOMM from a “buy” rating to a “hold” rating in a research report on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $190.38.

QUALCOMM Stock Performance

Shares of QCOM stock opened at $163.30 on Monday. The firm has a market capitalization of $174.89 billion, a PE ratio of 15.75, a P/E/G ratio of 2.59 and a beta of 1.26. The company has a 50 day moving average price of $169.34 and a 200-day moving average price of $159.94. 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.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, beating the consensus estimate of $2.87 by $0.13. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $10.74 billion. During the same period in the prior year, the firm earned $2.69 EPS. The company’s revenue was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, equities research analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

The firm 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 dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, December 4th. QUALCOMM’s dividend payout ratio is currently 72.80%.

Insider Buying and Selling at QUALCOMM

In other news, CFO Akash J. Palkhiwala sold 8,335 shares of the business’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $166.06, for a total transaction of $1,384,110.10. Following the completion of the sale, the chief financial officer owned 36,541 shares of the company’s stock, valued at $6,067,998.46. The trade was a 18.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Cristiano R. Amon sold 150,000 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was 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 in the company, valued at approximately $24,718,770.24. This represents a 50.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 168,027 shares of company stock valued at $27,818,497 over the last three months. Insiders own 0.08% of the company’s stock.

About QUALCOMM

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.