MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Acquires 93,576 Shares of Qualcomm Incorporated $QCOM

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Qualcomm Incorporated (NASDAQ:QCOMFree Report) by 6.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,554,638 shares of the wireless technology company’s stock after acquiring an additional 93,576 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.15% of Qualcomm worth $258,515,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of QCOM. waypoint wealth counsel increased its stake in shares of 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. Greykasell Wealth Strategies Inc. lifted its position in Qualcomm by 1.5% during the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after purchasing an additional 61 shares in the last quarter. Baron Wealth Management LLC grew its holdings in Qualcomm by 4.5% during the third quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock valued at $238,000 after purchasing an additional 62 shares during the period. Certified Advisory Corp grew its holdings in Qualcomm by 0.6% during the third quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock valued at $1,678,000 after purchasing an additional 62 shares during the period. Finally, Elser Financial Planning Inc increased its position in Qualcomm by 3.7% in the third quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock worth $297,000 after buying an additional 63 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on QCOM. Wall Street Zen downgraded Qualcomm from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Daiwa Securities Group lowered shares of Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 target price for the company. in a report on Wednesday, February 11th. Robert W. Baird set a $177.00 target price on shares of Qualcomm in a research note on Thursday, February 5th. Evercore lowered their price target on shares of Qualcomm from $157.00 to $134.00 and set an “in-line” rating on the stock in a report on Thursday, February 5th. Finally, Loop Capital upgraded shares of Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price target for the company in a research report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Qualcomm currently has a consensus rating of “Hold” and a consensus price target of $168.00.

Check Out Our Latest Analysis on QCOM

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

Qualcomm Price Performance

Shares of Qualcomm stock opened at $129.39 on Tuesday. The company has a market capitalization of $138.06 billion, a price-to-earnings ratio of 26.73 and a beta of 1.25. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The stock’s 50-day simple moving average is $148.60 and its 200-day simple moving average is $162.16. Qualcomm Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95.

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

Qualcomm Dividend Announcement

The business 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 dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, March 5th. Qualcomm’s dividend payout ratio (DPR) is 73.55%.

Insider Activity at Qualcomm

In related news, EVP Heather S. Ace sold 3,200 shares of the firm’s 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 completion of the transaction, the executive vice president directly owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This trade represents a 16.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $137.65, for a total transaction of $458,787.45. Following the transaction, the executive vice president directly owned 35,599 shares of the company’s stock, valued at $4,900,202.35. The trade was a 8.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 22,404 shares of company stock worth $3,672,557. Company insiders own 0.05% of the company’s stock.

Qualcomm Company Profile

(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.

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Institutional Ownership by Quarter for Qualcomm (NASDAQ:QCOM)

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