Beacon Financial Advisory LLC Buys 293 Shares of QUALCOMM Incorporated $QCOM

Beacon Financial Advisory LLC increased its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 2.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,456 shares of the wireless technology company’s stock after buying an additional 293 shares during the quarter. Beacon Financial Advisory LLC’s holdings in QUALCOMM were worth $1,665,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. WFA Asset Management Corp bought a new stake in shares of QUALCOMM during the first quarter worth $27,000. Vermillion & White Wealth Management Group LLC boosted its stake in shares of QUALCOMM by 122.4% during the first quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 93 shares during the period. Atlantic Edge Private Wealth Management LLC boosted its stake in shares of QUALCOMM by 70.0% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 70 shares during the period. Atticus Wealth Management LLC boosted its stake in shares of QUALCOMM by 21,200.0% during the second quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock valued at $34,000 after purchasing an additional 212 shares during the period. Finally, Abound Financial LLC purchased a new stake in shares of QUALCOMM during the first quarter valued at $39,000. 74.35% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

QCOM has been the subject of a number of recent analyst reports. Citigroup reissued a “hold” rating on shares of QUALCOMM in a research note on Thursday, July 17th. Wall Street Zen lowered shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Arete Research set a $200.00 target price on shares of QUALCOMM in a research note on Tuesday, August 26th. Arete raised shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 target price for the company in a research note on Tuesday, August 26th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $225.00 target price on shares of QUALCOMM in a research note on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $182.82.

Insider Transactions at QUALCOMM

In related news, CFO Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $156.86, for a total value of $522,814.38. Following the sale, the chief financial officer owned 39,874 shares in the company, valued at $6,254,635.64. This represents a 7.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 sale, the insider owned 21,193 shares in the company, valued at approximately $3,102,655.20. This represents 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 over the last quarter. Company insiders own 0.08% of the company’s stock.

QUALCOMM Price Performance

Shares of QCOM stock opened at $169.18 on Friday. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $182.10. The firm has a market capitalization of $182.55 billion, a price-to-earnings ratio of 16.31, a PEG ratio of 2.47 and a beta of 1.23. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. The stock’s 50-day simple moving average is $159.51 and its 200-day simple moving average is $153.25.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, topping analysts’ consensus estimates of $2.71 by $0.06. The business 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 company’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, equities analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

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

QUALCOMM Company 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.