NEOS Investment Management LLC Grows Stock Position in QUALCOMM Incorporated $QCOM

NEOS Investment Management LLC grew its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 60.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 453,445 shares of the wireless technology company’s stock after purchasing an additional 171,054 shares during the period. QUALCOMM makes up about 0.6% of NEOS Investment Management LLC’s investment portfolio, making the stock its 26th largest position. NEOS Investment Management LLC’s holdings in QUALCOMM were worth $75,435,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in QCOM. Brighton Jones LLC boosted its holdings in QUALCOMM by 116.6% in the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after purchasing an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in shares of QUALCOMM by 15.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock worth $391,000 after purchasing an additional 340 shares during the last quarter. Sivia Capital Partners LLC grew its stake in QUALCOMM by 44.3% in the second quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock worth $530,000 after purchasing an additional 1,020 shares in the last quarter. Chicago Partners Investment Group LLC raised its position in shares of QUALCOMM by 3.2% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 13,959 shares of the wireless technology company’s stock valued at $2,232,000 after acquiring an additional 431 shares in the last quarter. Finally, Swan Global Investments LLC acquired a new position in QUALCOMM in the second quarter worth $230,000. 74.35% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on QCOM shares. Weiss Ratings restated a “hold (c)” rating on shares of QUALCOMM in a research report on Monday, December 29th. TD Cowen dropped their price target on shares of QUALCOMM from $190.00 to $150.00 and set a “buy” rating on the stock in a research note on Thursday, February 5th. Bank of America downgraded QUALCOMM from a “buy” rating to a “neutral” rating and set a $155.00 price objective for the company. in a research report on Thursday, February 5th. Argus lowered their target price on QUALCOMM from $205.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Finally, Daiwa Securities Group downgraded QUALCOMM from an “outperform” rating to a “neutral” rating and set a $140.00 target price on the stock. in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, QUALCOMM has an average rating of “Hold” and a consensus price target of $164.67.

Insider Activity

In other QUALCOMM news, CAO Patricia Y. Grech sold 513 shares of the firm’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $160.95, for a total transaction of $82,567.35. Following the completion of the sale, the chief accounting officer directly owned 203 shares in the company, valued at approximately $32,672.85. This trade represents a 71.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Alexander H. Rogers sold 15,917 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the completion of the sale, the executive vice president directly owned 26,071 shares of the company’s stock, valued at $4,640,898.71. This trade represents a 37.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 46,217 shares of company stock worth $7,901,275. 0.05% of the stock is owned by corporate insiders.

QUALCOMM Price Performance

Shares of NASDAQ:QCOM opened at $140.70 on Tuesday. The stock’s 50 day moving average price is $163.17 and its 200 day moving average price is $164.25. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83. The stock has a market cap of $150.13 billion, a price-to-earnings ratio of 29.07, a PEG ratio of 6.97 and a beta of 1.22. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.12. QUALCOMM had a return on equity of 44.09% and a net margin of 11.96%.The company had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. During the same quarter in the previous year, the business earned $3.41 EPS. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. Equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a dividend of $0.89 per share. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a yield of 2.5%. QUALCOMM’s dividend payout ratio is currently 73.55%.

About QUALCOMM

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.