W1M Asset Management Ltd Has $67.97 Million Stock Position in Qualcomm Incorporated $QCOM

W1M Asset Management Ltd reduced its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 12.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 367,840 shares of the wireless technology company’s stock after selling 50,442 shares during the quarter. Qualcomm makes up approximately 0.6% of W1M Asset Management Ltd’s holdings, making the stock its 28th biggest position. W1M Asset Management Ltd’s holdings in Qualcomm were worth $67,969,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Your Advocates Ltd. LLP acquired a new position in Qualcomm during the first quarter worth $26,000. Torren Management LLC acquired a new stake in Qualcomm in the 4th quarter valued at $29,000. Caitong International Asset Management Co. Ltd lifted its position in Qualcomm by 17,000.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after buying an additional 170 shares in the last quarter. Birchwood Financial Partners Inc. bought a new stake in Qualcomm during the 4th quarter worth about $31,000. Finally, Commonwealth Retirement Investments LLC acquired a new position in shares of Qualcomm during the 4th quarter worth about $32,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Qualcomm

In other news, CAO Patricia Y. Grech sold 625 shares of Qualcomm stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $162.85, for a total value of $101,781.25. Following the completion of the sale, the chief accounting officer directly owned 208 shares in the company, valued at approximately $33,872.80. The trade was a 75.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $163.26, for a total value of $408,150.00. Following the sale, the executive vice president directly owned 20,684 shares in the company, valued at $3,376,869.84. This represents a 10.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 11,325 shares of company stock valued at $1,925,859 in the last quarter. Company insiders own 0.05% of the company’s stock.

Qualcomm Stock Performance

QCOM opened at $160.75 on Monday. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28. The business has a fifty day simple moving average of $178.26 and a 200 day simple moving average of $168.12. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92. The company has a market capitalization of $168.82 billion, a PE ratio of 18.61, a price-to-earnings-growth ratio of 14.84 and a beta of 1.65.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.23 by ($0.02). Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The firm had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $9.69 billion. During the same quarter in the previous year, the business earned $2.77 EPS. The firm’s quarterly revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Research analysts expect that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be paid a $0.92 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 annualized dividend and a yield of 2.3%. Qualcomm’s payout ratio is 42.59%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on QCOM. Dbs Bank upgraded Qualcomm to a “moderate buy” rating in a report on Tuesday, July 7th. Rosenblatt Securities reduced their price target on Qualcomm from $265.00 to $235.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. DZ Bank upgraded Qualcomm from a “hold” rating to a “buy” rating and set a $265.00 price target for the company in a research note on Friday, June 26th. Oppenheimer set a $200.00 price objective on Qualcomm in a report on Monday, July 27th. Finally, Lake Street Capital downgraded shares of Qualcomm to a “hold” rating in a report on Thursday, June 25th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Qualcomm has a consensus rating of “Hold” and an average target price of $203.63.

Qualcomm 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.