Sepio Capital LP Has $2.37 Million Holdings in QUALCOMM Incorporated $QCOM

Sepio Capital LP lessened its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 12.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 14,860 shares of the wireless technology company’s stock after selling 2,201 shares during the period. Sepio Capital LP’s holdings in QUALCOMM were worth $2,367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Avion Wealth lifted its position in shares of QUALCOMM by 16.7% during the 2nd quarter. Avion Wealth now owns 441 shares of the wireless technology company’s stock worth $70,000 after purchasing an additional 63 shares during the last quarter. Insight Advisors LLC PA increased its position in QUALCOMM by 1.8% in the 2nd quarter. Insight Advisors LLC PA now owns 3,488 shares of the wireless technology company’s stock worth $556,000 after buying an additional 63 shares during the period. Capital Advantage Inc. lifted its holdings in shares of QUALCOMM by 2.8% during the second quarter. Capital Advantage Inc. now owns 2,353 shares of the wireless technology company’s stock worth $375,000 after buying an additional 64 shares during the last quarter. Rise Advisors LLC boosted its position in shares of QUALCOMM by 6.7% in the first quarter. Rise Advisors LLC now owns 1,048 shares of the wireless technology company’s stock valued at $161,000 after acquiring an additional 66 shares during the period. Finally, Bell Investment Advisors Inc boosted its position in shares of QUALCOMM by 4.6% in the first quarter. Bell Investment Advisors Inc now owns 1,504 shares of the wireless technology company’s stock valued at $231,000 after acquiring an additional 66 shares during the period. 74.35% of the stock is currently owned by institutional investors.

QUALCOMM Trading Up 1.6%

Shares of QUALCOMM stock opened at $167.79 on Monday. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $179.70 billion, a P/E ratio of 16.18, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. The company has a 50-day simple moving average of $169.36 and a 200 day simple moving average of $160.50.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.13. The company had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The company’s revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the business posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Research analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

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

Insiders Place Their Bets

In other news, CAO Patricia Y. Grech sold 513 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $160.95, for a total transaction of $82,567.35. Following the transaction, the chief accounting officer directly owned 203 shares in the company, valued at approximately $32,672.85. This represents a 71.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Heather S. Ace sold 1,600 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 $276,592.00. Following the sale, the insider directly owned 19,593 shares in the company, valued at $3,387,041.91. This trade represents a 7.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 167,791 shares of company stock valued at $27,781,124. 0.08% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

QCOM has been the topic of a number of research reports. UBS Group boosted their target price on shares of QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” 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 report on Monday. Piper Sandler upped their price objective on shares of QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Weiss Ratings reissued a “hold (c)” rating on shares of QUALCOMM in a research report on Tuesday, November 25th. Finally, Arete upgraded QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target on the stock in a research note on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $190.38.

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.