Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna Makes New $1.72 Million Investment in QUALCOMM Incorporated $QCOM

Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,775 shares of the wireless technology company’s stock, valued at approximately $1,716,000.

Other large investors have also modified their holdings of the company. Guinness Asset Management LTD grew its stake in shares of QUALCOMM by 11.6% in the second quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock worth $8,824,000 after purchasing an additional 5,779 shares in the last quarter. CORDA Investment Management LLC. raised its stake in shares of QUALCOMM by 18.6% during the second quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock valued at $3,579,000 after purchasing an additional 3,524 shares in the last quarter. Westerkirk Capital Inc. acquired a new stake in QUALCOMM in the second quarter worth about $4,539,000. Russell Investments Group Ltd. grew its position in QUALCOMM by 12.3% in the 1st quarter. Russell Investments Group Ltd. now owns 1,328,759 shares of the wireless technology company’s stock valued at $203,904,000 after buying an additional 145,509 shares in the last quarter. Finally, Great Lakes Retirement Inc. increased its stake in QUALCOMM by 8.0% during the 2nd quarter. Great Lakes Retirement Inc. now owns 21,687 shares of the wireless technology company’s stock valued at $3,454,000 after buying an additional 1,610 shares during the period. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Buying and Selling

In other QUALCOMM news, CEO Cristiano R. Amon sold 150,000 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the completion of the sale, the chief executive officer directly owned 149,304 shares of the company’s stock, valued at approximately $24,718,770.24. This represents a 50.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $170.33, for a total transaction of $567,709.89. Following the completion of the transaction, the chief financial officer owned 33,208 shares of the company’s stock, valued at approximately $5,656,318.64. The trade was a 9.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 164,661 shares of company stock worth $27,292,820 in the last quarter. 0.08% of the stock is currently owned by corporate insiders.

QUALCOMM Trading Up 0.3%

QUALCOMM stock opened at $175.31 on Tuesday. The firm has a market cap of $187.76 billion, a price-to-earnings ratio of 35.85, a price-to-earnings-growth ratio of 3.83 and a beta of 1.22. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The firm’s 50 day moving average price is $169.79 and its two-hundred day moving average price is $161.39. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.13. The business had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The company’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the company posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, research analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be paid a $0.89 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.0%. QUALCOMM’s dividend payout ratio (DPR) is currently 72.80%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Cowen reaffirmed a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Arete Research set a $200.00 target price on QUALCOMM in a research report on Tuesday, August 26th. Bank of America increased their price target on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. TD Cowen lifted their price target on QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Finally, Susquehanna set a $210.00 price objective on QUALCOMM in a report on Thursday, November 6th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $191.00.

About QUALCOMM

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.