Nordwand Advisors LLC Buys Shares of 12,169 QUALCOMM Incorporated $QCOM

Nordwand Advisors LLC bought a new position in QUALCOMM Incorporated (NASDAQ:QCOM) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 12,169 shares of the wireless technology company’s stock, valued at approximately $1,938,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in QUALCOMM by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 114,368,470 shares of the wireless technology company’s stock worth $17,568,141,000 after acquiring an additional 638,284 shares in the last quarter. Kingstone Capital Partners Texas LLC raised its holdings in shares of QUALCOMM by 656,661.0% in 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of QUALCOMM by 6.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 10,422,341 shares of the wireless technology company’s stock worth $1,600,976,000 after purchasing an additional 641,654 shares during the period. Invesco Ltd. lifted its position in shares of QUALCOMM by 2.2% in the 1st quarter. Invesco Ltd. now owns 9,846,093 shares of the wireless technology company’s stock worth $1,512,458,000 after purchasing an additional 215,900 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in shares of QUALCOMM by 5.3% during the first quarter. Ameriprise Financial Inc. now owns 9,389,620 shares of the wireless technology company’s stock valued at $1,441,847,000 after purchasing an additional 471,648 shares in the last quarter. Institutional investors own 74.35% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of QUALCOMM in a research note on Thursday. TD Cowen lifted their price target on QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 6th. UBS Group upped their price objective on QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Citigroup raised their price objective on QUALCOMM from $170.00 to $175.00 and gave the company a “neutral” rating in a research report on Tuesday, October 28th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $190.38.

QUALCOMM Stock Down 4.2%

QUALCOMM stock opened at $166.75 on Tuesday. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95. The business has a fifty day moving average price of $169.08 and a 200-day moving average price of $159.30. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. The stock has a market capitalization of $178.59 billion, a price-to-earnings ratio of 16.08, a PEG ratio of 2.59 and a beta of 1.26.

QUALCOMM (NASDAQ:QCOM) last announced its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) 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 company had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. During the same period in the prior year, the company posted $2.69 EPS. The firm’s quarterly 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. Equities research analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be issued a dividend of $0.89 per share. The ex-dividend date is Thursday, December 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.1%. QUALCOMM’s dividend payout ratio is 72.80%.

Insider Transactions at QUALCOMM

In related news, CFO Akash J. Palkhiwala sold 8,335 shares of QUALCOMM stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $166.06, for a total value of $1,384,110.10. Following the completion of the sale, the chief financial officer directly owned 36,541 shares in the company, valued at $6,067,998.46. This trade represents a 18.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Neil Martin sold 791 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total transaction of $122,462.62. Following the transaction, the chief accounting officer owned 1,106 shares in the company, valued at $171,230.92. The trade was a 41.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 168,305 shares of company stock worth $27,858,392 over the last ninety days. 0.08% of the stock is currently owned by insiders.

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.