NEOS Investment Management LLC Has $75.44 Million Stock Holdings in QUALCOMM Incorporated $QCOM

NEOS Investment Management LLC boosted its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 60.6% in the third quarter, Holdings Channel.com reports. The firm owned 453,445 shares of the wireless technology company’s stock after purchasing an additional 171,054 shares during the period. QUALCOMM comprises 0.6% of NEOS Investment Management LLC’s holdings, making the stock its 26th largest holding. NEOS Investment Management LLC’s holdings in QUALCOMM were worth $75,435,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of QCOM. waypoint wealth counsel lifted its holdings in shares of QUALCOMM by 2.2% during the 3rd quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock valued at $476,000 after buying an additional 61 shares during the last quarter. Greykasell Wealth Strategies Inc. increased its holdings in QUALCOMM by 1.5% in the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock worth $686,000 after buying an additional 61 shares during the last quarter. Baron Wealth Management LLC raised its position 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 acquiring an additional 62 shares in the last quarter. Avion Wealth lifted its stake in QUALCOMM by 16.7% in the second quarter. Avion Wealth now owns 441 shares of the wireless technology company’s stock valued at $70,000 after acquiring an additional 63 shares during the last quarter. Finally, Insight Advisors LLC PA grew its position in QUALCOMM by 1.8% in the second quarter. Insight Advisors LLC PA now owns 3,488 shares of the wireless technology company’s stock worth $556,000 after acquiring an additional 63 shares in the last quarter. 74.35% of the stock is owned by institutional investors and hedge funds.

QUALCOMM Stock Performance

QCOM opened at $140.70 on Tuesday. The stock’s 50 day simple moving average is $163.17 and its 200-day simple moving average is $164.25. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. The stock has a market cap of $150.13 billion, a PE ratio of 29.07, a P/E/G ratio of 6.97 and a beta of 1.22. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly 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 net margin of 11.96% and a return on equity of 44.09%. The firm had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. During the same quarter in the previous year, the company earned $3.41 earnings per share. The business’s revenue was up 4.7% compared to the same quarter last year. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. Sell-side analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

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

Insider Buying and Selling

In related news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $137.00, for a total transaction of $438,400.00. Following the sale, the executive vice president directly owned 16,393 shares in the company, valued at $2,245,841. This represents a 16.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the completion of the transaction, the executive vice president directly owned 23,944 shares in the company, valued at approximately $4,262,750.32. This represents a 23.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 46,217 shares of company stock worth $7,901,275. Insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on QCOM. Wall Street Zen cut shares of QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Royal Bank Of Canada cut their price objective on QUALCOMM from $180.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 5th. Zacks Research cut QUALCOMM from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 27th. TD Cowen lowered their price target on QUALCOMM from $190.00 to $150.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Finally, Daiwa America cut shares of QUALCOMM from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $164.67.

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.