QUALCOMM Incorporated $QCOM Stock Holdings Lifted by Howe & Rusling Inc.

Howe & Rusling Inc. increased its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 0.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 36,310 shares of the wireless technology company’s stock after buying an additional 323 shares during the period. Howe & Rusling Inc.’s holdings in QUALCOMM were worth $5,783,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of QCOM. Brighton Jones LLC grew its stake in QUALCOMM by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after buying an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in QUALCOMM by 15.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after buying an additional 340 shares during the last quarter. Obermeyer Wealth Partners acquired a new position in shares of QUALCOMM during the first quarter valued at $225,000. PFG Advisors grew its position in shares of QUALCOMM by 8.0% during the first quarter. PFG Advisors now owns 4,314 shares of the wireless technology company’s stock worth $663,000 after acquiring an additional 321 shares during the last quarter. Finally, Choreo LLC increased its holdings in shares of QUALCOMM by 2.9% in the 1st quarter. Choreo LLC now owns 39,350 shares of the wireless technology company’s stock worth $6,044,000 after acquiring an additional 1,091 shares during the period. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Buying and Selling at QUALCOMM

In related news, CAO Patricia Y. Grech sold 203 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $172.87, for a total transaction of $35,092.61. 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 firm’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $172.87, for a total transaction of $276,592.00. Following the sale, the insider owned 19,593 shares of the company’s stock, valued at $3,387,041.91. The trade was a 7.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 167,514 shares of company stock valued at $27,735,930 over the last 90 days. Insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Citigroup boosted their target price on shares of QUALCOMM from $170.00 to $175.00 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Sanford C. Bernstein set a $185.00 price target on QUALCOMM and gave the company an “outperform” rating in a report on Monday, July 28th. Wall Street Zen raised QUALCOMM from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Arete Research set a $200.00 target price on QUALCOMM in a research report on Tuesday, August 26th. Finally, Piper Sandler lifted their target price on QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, QUALCOMM presently has an average rating of “Moderate Buy” and a consensus price target of $190.38.

QUALCOMM Trading Up 0.6%

QUALCOMM stock opened at $166.11 on Thursday. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. 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 $177.90 billion, a PE ratio of 16.02, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26. The firm has a 50 day simple moving average of $169.35 and a 200-day simple moving average of $159.52.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly 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. The company had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period last year, the firm earned $2.69 EPS. 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 EPS for the current fiscal year.

QUALCOMM Announces Dividend

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

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.