King Luther Capital Management Corp Sells 65,177 Shares of QUALCOMM Incorporated $QCOM

King Luther Capital Management Corp decreased its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 11.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 496,678 shares of the wireless technology company’s stock after selling 65,177 shares during the quarter. King Luther Capital Management Corp’s holdings in QUALCOMM were worth $82,627,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Guinness Asset Management LTD grew its holdings in QUALCOMM by 11.6% during the second quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock worth $8,824,000 after buying an additional 5,779 shares in the last quarter. Westerkirk Capital Inc. purchased a new stake in shares of QUALCOMM in the second quarter valued at about $4,539,000. MASTERINVEST Kapitalanlage GmbH bought a new position in shares of QUALCOMM during the second quarter valued at about $3,896,000. Inscription Capital LLC boosted its holdings in QUALCOMM by 58.1% during the third quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock worth $2,172,000 after purchasing an additional 4,799 shares during the last quarter. Finally, Great Lakes Retirement Inc. boosted its holdings in QUALCOMM by 8.0% during the second quarter. Great Lakes Retirement Inc. now owns 21,687 shares of the wireless technology company’s stock worth $3,454,000 after purchasing an additional 1,610 shares during the last quarter. Institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, EVP Alexander H. Rogers sold 15,917 shares of QUALCOMM stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the completion of the transaction, the executive vice president owned 26,071 shares of the company’s stock, valued at $4,640,898.71. The trade was a 37.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Patricia Y. Grech sold 203 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total transaction of $34,510.00. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 46,217 shares of company stock worth $7,901,275 in the last three months. 0.05% of the stock is currently owned by corporate insiders.

QUALCOMM Stock Up 0.4%

Shares of NASDAQ QCOM opened at $143.24 on Thursday. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83. The stock has a market capitalization of $152.84 billion, a PE ratio of 29.60, a P/E/G ratio of 7.06 and a beta of 1.22. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The business’s fifty day moving average price is $161.72 and its 200-day moving average price is $164.06.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.12. The company had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.16 billion. QUALCOMM had a return on equity of 44.09% and a net margin of 11.96%.The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $3.41 EPS. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be paid a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s payout ratio is presently 73.55%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Susquehanna lowered shares of QUALCOMM from a “positive” rating to a “neutral” rating and set a $140.00 price objective for the company. in a research note on Thursday, February 5th. Wells Fargo & Company decreased their price target on QUALCOMM from $165.00 to $135.00 and set an “underweight” rating for the company in a research report on Thursday, February 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of QUALCOMM in a report on Monday, December 29th. Piper Sandler reaffirmed an “overweight” rating and set a $200.00 target price on shares of QUALCOMM in a research report on Thursday, February 5th. Finally, Daiwa Securities Group lowered shares of QUALCOMM from an “outperform” rating to a “neutral” rating and set a $140.00 price target for the company. in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $164.67.

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.