QUALCOMM Incorporated $QCOM Shares Bought by Aull & Monroe Investment Management Corp

Aull & Monroe Investment Management Corp grew its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 11.0% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 5,560 shares of the wireless technology company’s stock after purchasing an additional 550 shares during the period. Aull & Monroe Investment Management Corp’s holdings in QUALCOMM were worth $885,000 at the end of the most recent quarter.

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

Insider Activity

In other news, CFO Akash J. Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $156.86, for a total value of $522,814.38. Following the transaction, the chief financial officer owned 39,874 shares of the company’s stock, valued at $6,254,635.64. This trade represents a 7.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $146.40, for a total transaction of $234,240.00. Following the completion of the transaction, the insider directly 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. In the last 90 days, insiders have sold 159,767 shares of company stock valued at $26,322,745. 0.08% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on QCOM shares. Sanford C. Bernstein set a $185.00 target price on shares of QUALCOMM and gave the stock an “outperform” rating in a report on Monday, July 28th. Mizuho decreased their price target on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a report on Thursday, July 31st. Arete upgraded shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a report on Tuesday, August 26th. Wall Street Zen cut shares of QUALCOMM from a “buy” rating to a “hold” rating in a report on Sunday, August 3rd. Finally, Arete Research set a $200.00 price target on shares of QUALCOMM in a report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $182.82.

QUALCOMM Price Performance

Shares of QCOM opened at $163.45 on Friday. The firm has a market cap of $176.36 billion, a PE ratio of 15.76, a PEG ratio of 2.38 and a beta of 1.23. The firm’s 50 day moving average price is $162.00 and its 200 day moving average price is $153.74. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $182.10.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share 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 net margin of 26.77% and a return on equity of 40.35%. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last 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, research analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, December 4th. QUALCOMM’s dividend payout ratio (DPR) is presently 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.