Maj Invest Holding A S Sells 69,600 Shares of QUALCOMM Incorporated $QCOM

Maj Invest Holding A S cut its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 5.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,257,679 shares of the wireless technology company’s stock after selling 69,600 shares during the period. QUALCOMM accounts for 7.1% of Maj Invest Holding A S’s portfolio, making the stock its 4th biggest position. Maj Invest Holding A S’s holdings in QUALCOMM were worth $209,227,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in QCOM. Harbor Capital Advisors Inc. boosted its stake in shares of QUALCOMM by 72.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 65 shares during the last quarter. Chung Wu Investment Group LLC bought a new position in QUALCOMM during the second quarter worth $32,000. Harbor Asset Planning Inc. acquired a new position in QUALCOMM in the second quarter valued at $32,000. Winnow Wealth LLC acquired a new position in QUALCOMM in the second quarter valued at $32,000. Finally, Lavaca Capital LLC bought a new stake in QUALCOMM during the second quarter valued at $32,000. Institutional investors own 74.35% of the company’s stock.

QUALCOMM Price Performance

Shares of NASDAQ:QCOM opened at $154.52 on Tuesday. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The stock’s 50 day moving average is $170.11 and its 200-day moving average is $165.51. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $165.04 billion, a price-to-earnings ratio of 31.60, a PEG ratio of 3.47 and a beta of 1.21.

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

QUALCOMM Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be issued a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s dividend payout ratio is currently 72.80%.

Insiders Place Their Bets

In other news, EVP Alexander H. Rogers sold 15,917 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total value of $2,833,385.17. Following the transaction, the executive vice president owned 26,071 shares in the company, valued at $4,640,898.71. This trade represents a 37.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Patricia Y. Grech sold 513 shares of QUALCOMM stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $160.95, for a total value of $82,567.35. Following the transaction, the chief accounting officer directly owned 203 shares in the company, valued at approximately $32,672.85. The trade was a 71.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 44,820 shares of company stock worth $7,883,482 in the last 90 days. Company insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on QCOM shares. Piper Sandler lifted their price objective on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Citigroup reaffirmed a “neutral” rating on shares of QUALCOMM in a research note on Thursday, January 15th. Royal Bank Of Canada assumed coverage on QUALCOMM in a research note on Wednesday, January 14th. They issued a “sector perform” rating and a $180.00 price target on the stock. TD Cowen restated a “buy” rating on shares of QUALCOMM in a report on Thursday, November 6th. Finally, Bank of America raised their price objective on shares of QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Ten investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, QUALCOMM has an average rating of “Hold” and an average price target 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.