Foster & Motley Inc. Has $6.60 Million Stock Holdings in QUALCOMM Incorporated $QCOM

Foster & Motley Inc. lifted its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 40.7% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 41,417 shares of the wireless technology company’s stock after buying an additional 11,980 shares during the quarter. Foster & Motley Inc.’s holdings in QUALCOMM were worth $6,596,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC lifted its stake in shares of QUALCOMM by 122.4% during the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after buying an additional 93 shares during the last quarter. Atlantic Edge Private Wealth Management LLC lifted its stake in shares of QUALCOMM by 70.0% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock worth $26,000 after buying an additional 70 shares during the last quarter. Chung Wu Investment Group LLC acquired a new stake in shares of QUALCOMM during the 2nd quarter worth about $32,000. Harbor Asset Planning Inc. acquired a new stake in shares of QUALCOMM during the 2nd quarter worth about $32,000. Finally, Atticus Wealth Management LLC lifted its stake in shares of QUALCOMM by 21,200.0% during the 2nd quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock worth $34,000 after buying an additional 212 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

QUALCOMM Price Performance

QCOM stock opened at $163.45 on Friday. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $182.10. The firm has a market cap of $176.36 billion, a P/E ratio of 15.76, a P/E/G ratio of 2.39 and a beta of 1.23. The company’s 50-day moving average price is $162.00 and its two-hundred day moving average price is $153.74.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.06. The company had revenue of $10.37 billion for the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The firm’s revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the firm posted $2.33 EPS. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be given a $0.89 dividend. The ex-dividend date is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.2%. QUALCOMM’s payout ratio is 34.33%.

Insider Transactions at QUALCOMM

In other news, CAO Neil Martin sold 791 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total value of $122,462.62. Following the transaction, the chief accounting officer owned 1,106 shares in the company, valued at approximately $171,230.92. The trade was a 41.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Cristiano R. Amon sold 150,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the completion of the transaction, the chief executive officer owned 149,304 shares in the company, valued at $24,718,770.24. This trade represents a 50.12% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 159,767 shares of company stock worth $26,322,745. Company insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on QCOM shares. Mizuho dropped their price objective on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a research note on Thursday, July 31st. Wall Street Zen cut shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Rosenblatt Securities reiterated a “buy” rating and issued a $225.00 price objective on shares of QUALCOMM in a research note on Thursday, July 31st. Piper Sandler dropped their price objective on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating for the company in a research note on Thursday, July 31st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $182.82.

QUALCOMM Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.