Shum Financial Group Inc. Makes New $1.06 Million Investment in QUALCOMM Incorporated $QCOM

Shum Financial Group Inc. acquired a new position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 6,344 shares of the wireless technology company’s stock, valued at approximately $1,055,000.

A number of other hedge funds have also recently made changes to their positions in QCOM. Brighton Jones LLC raised its stake in shares of QUALCOMM by 116.6% during the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after acquiring an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings 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 purchasing an additional 340 shares during the period. Quarry LP bought a new position in QUALCOMM during the 1st quarter worth $198,000. Graham Capital Management L.P. lifted its holdings in QUALCOMM by 92.6% during the 1st quarter. Graham Capital Management L.P. now owns 13,812 shares of the wireless technology company’s stock worth $2,122,000 after buying an additional 6,639 shares during the period. Finally, Focus Partners Advisor Solutions LLC grew its position in shares of QUALCOMM by 69.8% in the 1st quarter. Focus Partners Advisor Solutions LLC now owns 13,615 shares of the wireless technology company’s stock valued at $2,091,000 after buying an additional 5,598 shares during the last quarter. 74.35% of the stock is owned by institutional investors and hedge funds.

QUALCOMM Price Performance

QCOM opened at $173.65 on Wednesday. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. The company has a market capitalization of $185.98 billion, a price-to-earnings ratio of 35.51, a P/E/G ratio of 3.80 and a beta of 1.22. The firm’s fifty day moving average price is $173.25 and its two-hundred day moving average price is $164.25.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The company had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. During the same period last year, the firm earned $2.69 earnings per share. The firm’s revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on QCOM. Wall Street Zen downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Piper Sandler raised their price objective on shares of QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Cowen reissued a “buy” rating on shares of QUALCOMM in a research report on Thursday, November 6th. Bank of America upped their price target on QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of QUALCOMM in a research report on Monday. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.94.

Insiders Place Their Bets

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of the company’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $172.87, for a total value of $276,592.00. Following the completion of the transaction, the insider owned 19,593 shares in the company, valued at $3,387,041.91. This represents a 7.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ann C. Chaplin sold 7,180 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total value of $1,278,255.40. Following the sale, the executive vice president directly owned 23,944 shares of the company’s stock, valued at approximately $4,262,750.32. This represents a 23.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 49,822 shares of company stock valued at $8,689,984. 0.08% of the stock is currently owned by insiders.

QUALCOMM Profile

QUALCOMM Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.