Fairvoy Private Wealth LLC Has $391,000 Stake in QUALCOMM Incorporated $QCOM

Fairvoy Private Wealth LLC grew its position in QUALCOMM Incorporated (NASDAQ:QCOMFree Report) by 6.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,457 shares of the wireless technology company’s stock after purchasing an additional 152 shares during the period. Fairvoy Private Wealth LLC’s holdings in QUALCOMM were worth $391,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Franklin Street Advisors Inc. NC lifted its holdings in shares of QUALCOMM by 6.9% in the second quarter. Franklin Street Advisors Inc. NC now owns 71,110 shares of the wireless technology company’s stock valued at $11,325,000 after purchasing an additional 4,587 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of QUALCOMM by 7.1% in the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 17,022 shares of the wireless technology company’s stock valued at $2,711,000 after purchasing an additional 1,131 shares in the last quarter. Abundance Wealth Counselors lifted its holdings in shares of QUALCOMM by 0.9% in the second quarter. Abundance Wealth Counselors now owns 7,861 shares of the wireless technology company’s stock valued at $1,267,000 after purchasing an additional 70 shares in the last quarter. Abacus Planning Group Inc. lifted its holdings in shares of QUALCOMM by 5.5% in the second quarter. Abacus Planning Group Inc. now owns 2,045 shares of the wireless technology company’s stock valued at $326,000 after purchasing an additional 107 shares in the last quarter. Finally, Hilltop National Bank bought a new stake in shares of QUALCOMM in the second quarter valued at about $1,559,000. 74.35% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Cristiano R. Amon sold 150,000 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 149,304 shares of the company’s stock, valued at approximately $24,718,770.24. This represents a 50.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Heather S. Ace sold 1,600 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $146.40, for a total value of $234,240.00. Following the completion of the transaction, the insider directly owned 21,193 shares in the company, valued at $3,102,655.20. The trade was a 7.02% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 159,767 shares of company stock valued at $26,322,745 in the last ninety days. 0.08% of the stock is currently owned by company insiders.

QUALCOMM Price Performance

NASDAQ:QCOM opened at $169.18 on Friday. 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 stock’s 50 day moving average price is $159.51 and its two-hundred day moving average price is $153.29. The firm has a market capitalization of $182.55 billion, a price-to-earnings ratio of 16.31, a P/E/G ratio of 2.46 and a beta of 1.23. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $182.10.

QUALCOMM (NASDAQ:QCOMGet Free Report) last released its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.06. The firm had revenue of $10.37 billion for the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th were paid a $0.89 dividend. The ex-dividend date was Thursday, September 4th. This represents a $3.56 annualized dividend and a yield of 2.1%. QUALCOMM’s dividend payout ratio is currently 34.33%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Arete Research set a $200.00 price target on QUALCOMM in a report on Tuesday, August 26th. JPMorgan Chase & Co. boosted their price target on QUALCOMM from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Monday, July 28th. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a report on Sunday, August 3rd. Piper Sandler dropped their target price on QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a report on Thursday, July 31st. Finally, Mizuho dropped their target price on QUALCOMM from $190.00 to $185.00 and set an “outperform” rating on the stock in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, QUALCOMM has a consensus rating of “Moderate Buy” and a consensus target price of $182.82.

Read Our Latest Report on QUALCOMM

QUALCOMM Profile

(Free Report)

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.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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