Vest Financial LLC Grows Stock Position in QUALCOMM Incorporated $QCOM

Vest Financial LLC grew its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 12.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 271,044 shares of the wireless technology company’s stock after buying an additional 30,168 shares during the period. Vest Financial LLC’s holdings in QUALCOMM were worth $45,091,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of QCOM. waypoint wealth counsel boosted its stake in QUALCOMM by 2.2% in the 3rd quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock worth $476,000 after purchasing an additional 61 shares in the last quarter. Baron Wealth Management LLC lifted its stake in shares of QUALCOMM by 4.5% during the third quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock worth $238,000 after buying an additional 62 shares during the period. Avion Wealth lifted its stake in shares of QUALCOMM by 16.7% during the second quarter. Avion Wealth now owns 441 shares of the wireless technology company’s stock worth $70,000 after buying an additional 63 shares during the period. Insight Advisors LLC PA grew its holdings in shares of QUALCOMM by 1.8% during the second quarter. Insight Advisors LLC PA now owns 3,488 shares of the wireless technology company’s stock valued at $556,000 after buying an additional 63 shares during the last quarter. Finally, Elser Financial Planning Inc increased its position in shares of QUALCOMM by 3.7% in the 3rd quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock valued at $297,000 after acquiring an additional 63 shares during the period. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Ann C. Chaplin sold 7,180 shares of the stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the sale, the executive vice president directly owned 23,944 shares of the company’s stock, valued at $4,262,750.32. This represents a 23.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Patricia Y. Grech sold 513 shares of the firm’s 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 owned 203 shares in the company, valued at $32,672.85. This trade represents a 71.65% 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 44,820 shares of company stock valued at $7,883,482. Insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Cowen reaffirmed a “buy” rating on shares of QUALCOMM in a research report on Thursday, November 6th. Bank of America lifted their target price on QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Wall Street Zen downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Weiss Ratings reissued a “hold (c)” rating on shares of QUALCOMM in a research report on Monday, December 29th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $225.00 price objective on shares of QUALCOMM in a report on Thursday, November 6th. Eleven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $191.28.

QUALCOMM Trading Up 1.2%

Shares of NASDAQ:QCOM opened at $155.97 on Wednesday. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. The business has a 50 day moving average of $171.46 and a two-hundred day moving average of $165.59. The company has a market capitalization of $167.04 billion, a PE ratio of 31.85, a PEG ratio of 3.55 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, topping 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 business had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $10.74 billion. During the same quarter last year, the company earned $2.69 EPS. The business’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 forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be issued a $0.89 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a yield of 2.3%. QUALCOMM’s payout ratio is presently 72.80%.

About QUALCOMM

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.