QUALCOMM Incorporated $QCOM Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. trimmed its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 13.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,299,407 shares of the wireless technology company’s stock after selling 198,204 shares during the period. Federated Hermes Inc. owned about 0.12% of QUALCOMM worth $216,169,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in QCOM. Vanguard Group Inc. increased its holdings in QUALCOMM by 0.3% in the 2nd quarter. Vanguard Group Inc. now owns 114,659,269 shares of the wireless technology company’s stock valued at $18,260,635,000 after purchasing an additional 290,799 shares in the last quarter. State Street Corp grew its stake in shares of QUALCOMM by 0.8% in the second quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company’s stock valued at $8,547,014,000 after buying an additional 420,352 shares in the last quarter. Norges Bank purchased a new stake in shares of QUALCOMM during the 2nd quarter valued at about $2,713,603,000. Amundi lifted its position in QUALCOMM by 38.2% during the 2nd quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock worth $1,866,451,000 after acquiring an additional 3,186,524 shares in the last quarter. Finally, Legal & General Group Plc lifted its position in QUALCOMM by 0.8% during the 2nd quarter. Legal & General Group Plc now owns 9,168,731 shares of the wireless technology company’s stock worth $1,460,212,000 after acquiring an additional 74,243 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Buying and Selling

In other news, EVP Ann C. Chaplin sold 7,180 shares of QUALCOMM stock in a transaction dated Tuesday, December 16th. The shares were 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 of the company’s stock, valued at approximately $4,262,750.32. The trade was a 23.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Heather S. Ace sold 1,600 shares of the stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $172.87, for a total transaction of $276,592.00. Following the sale, the insider owned 19,593 shares in the company, valued at approximately $3,387,041.91. This trade represents a 7.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 44,820 shares of company stock worth $7,883,482. Company insiders own 0.05% of the company’s stock.

QUALCOMM Trading Down 1.0%

NASDAQ QCOM opened at $153.04 on Wednesday. The company has a market capitalization of $163.45 billion, a price-to-earnings ratio of 31.30, a price-to-earnings-growth ratio of 3.44 and a beta of 1.21. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The company’s fifty day moving average price is $169.87 and its two-hundred day moving average price is $165.48.

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

QUALCOMM Dividend Announcement

The firm also recently announced 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 dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s dividend payout ratio is 72.80%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on QCOM. Rosenblatt Securities reaffirmed a “buy” rating and issued a $225.00 price objective on shares of QUALCOMM in a research report on Thursday, November 6th. Susquehanna set a $210.00 price target on shares of QUALCOMM in a report on Thursday, November 6th. Wells Fargo & Company lifted their price target on shares of QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a research note on Thursday, November 6th. Cantor Fitzgerald reissued a “neutral” rating and issued a $185.00 price objective on shares of QUALCOMM in a research report on Tuesday, December 16th. Finally, JPMorgan Chase & Co. lifted their target price on QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. Ten analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, QUALCOMM currently has a consensus rating of “Hold” and a consensus target price of $189.06.

QUALCOMM Company Profile

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.