Northwestern Mutual Wealth Management Co. Has $16.44 Million Stock Position in QUALCOMM Incorporated $QCOM

Northwestern Mutual Wealth Management Co. lessened its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 8.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 103,217 shares of the wireless technology company’s stock after selling 9,458 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in QUALCOMM were worth $16,438,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Vermillion & White Wealth Management Group LLC boosted its holdings in QUALCOMM by 122.4% in the 1st 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. Chung Wu Investment Group LLC bought a new stake in shares of QUALCOMM in the second quarter valued at approximately $32,000. Harbor Asset Planning Inc. acquired a new stake in QUALCOMM during the second quarter worth approximately $32,000. Winnow Wealth LLC bought a new position in QUALCOMM during the 2nd quarter worth $32,000. Finally, Atticus Wealth Management LLC raised its holdings in QUALCOMM by 21,200.0% in the 2nd quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock valued at $34,000 after acquiring an additional 212 shares in the last quarter. 74.35% of the stock is owned by institutional investors.

Insider Transactions at QUALCOMM

In other QUALCOMM news, CEO Cristiano R. Amon sold 150,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 149,304 shares of the company’s stock, valued at $24,718,770.24. This represents a 50.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Patricia Y. Grech sold 513 shares of QUALCOMM stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $160.95, for a total value of $82,567.35. Following the sale, the chief accounting officer directly owned 203 shares in the company, valued at $32,672.85. The trade was a 71.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 167,791 shares of company stock worth $27,781,124. 0.08% of the stock is currently owned by insiders.

QUALCOMM Trading Up 1.6%

QCOM opened at $167.79 on Monday. The company has a market cap of $179.70 billion, a P/E ratio of 16.18, a PEG ratio of 2.59 and a beta of 1.26. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. The company’s 50 day moving average is $169.36 and its 200-day moving average is $160.50. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating the consensus estimate of $2.87 by $0.13. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The business had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $10.74 billion. During the same quarter in the prior year, the firm earned $2.69 EPS. The firm’s 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 predict that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages recently commented on QCOM. Arete upgraded QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target on the stock in a research report on Tuesday, August 26th. Arete Research set a $200.00 target price on shares of QUALCOMM in a report on Tuesday, August 26th. Mizuho boosted their target price on shares of QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Wall Street Zen upgraded shares of QUALCOMM from a “hold” rating to a “buy” rating in a research report on Monday. Finally, Susquehanna set a $210.00 price objective on shares of QUALCOMM in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, QUALCOMM presently has an average rating of “Moderate Buy” and a consensus price target of $190.38.

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.