Temasek Holdings Private Ltd Purchases Shares of 125,219 Qualcomm Incorporated $QCOM

Temasek Holdings Private Ltd purchased a new stake in Qualcomm Incorporated (NASDAQ:QCOMFree Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 125,219 shares of the wireless technology company’s stock, valued at approximately $20,831,000.

A number of other institutional investors and hedge funds have also modified their holdings of QCOM. Harbor Capital Advisors Inc. grew its stake in Qualcomm by 72.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after buying an additional 65 shares during the last quarter. Cloud Capital Management LLC acquired a new position in Qualcomm during the 3rd quarter worth $27,000. Winnow Wealth LLC acquired a new position in Qualcomm during the 2nd quarter worth $32,000. Lavaca Capital LLC bought a new stake in Qualcomm during the second quarter valued at about $32,000. Finally, Howard Hughes Medical Institute bought a new stake in Qualcomm during the second quarter valued at about $38,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Qualcomm Stock Down 1.0%

Shares of QCOM opened at $129.82 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51. The company has a 50-day simple moving average of $149.54 and a 200-day simple moving average of $162.34. Qualcomm Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95. The firm has a market capitalization of $138.52 billion, a P/E ratio of 26.82, a P/E/G ratio of 6.55 and a beta of 1.25.

Qualcomm (NASDAQ:QCOMGet Free Report) last released its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The business had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. During the same period last year, the business earned $3.41 earnings per share. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities research analysts expect that Qualcomm Incorporated will post 9.39 earnings per share for the current year.

Qualcomm Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be issued a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, March 5th. Qualcomm’s dividend payout ratio (DPR) is presently 73.55%.

Insider Transactions at Qualcomm

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction on Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the sale, the executive vice president owned 16,393 shares in the company, valued at $2,245,841. The trade was a 16.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Akash J. Palkhiwala sold 3,333 shares of Qualcomm stock in a transaction on Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the sale, the executive vice president owned 35,599 shares in the company, valued at $4,900,202.35. This represents a 8.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 45,501 shares of company stock valued at $7,784,198. Company insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

QCOM has been the topic of a number of recent analyst reports. Wall Street Zen lowered Qualcomm from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Daiwa Securities Group downgraded Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 target price for the company. in a research note on Wednesday, February 11th. Morgan Stanley began coverage on Qualcomm in a report on Tuesday, February 10th. They issued an “underweight” rating and a $132.00 target price on the stock. Rosenblatt Securities cut their price target on Qualcomm from $225.00 to $190.00 and set a “buy” rating for the company in a report on Thursday, February 5th. Finally, DZ Bank upgraded Qualcomm to a “strong-buy” rating in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $168.00.

Get Our Latest Analysis on QCOM

About Qualcomm

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Qualcomm (NASDAQ:QCOM)

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