Hantz Financial Services Inc. Lowers Stock Position in Qualcomm Incorporated $QCOM

Hantz Financial Services Inc. lowered its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 5.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,451 shares of the wireless technology company’s stock after selling 2,304 shares during the quarter. Hantz Financial Services Inc.’s holdings in Qualcomm were worth $7,261,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Qualcomm by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 114,144,068 shares of the wireless technology company’s stock valued at $19,524,350,000 after acquiring an additional 647,076 shares in the last quarter. Amundi increased its holdings in shares of Qualcomm by 9.9% during the third quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock valued at $2,136,486,000 after acquiring an additional 1,138,541 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of Qualcomm by 141.8% during the third quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company’s stock valued at $2,069,059,000 after acquiring an additional 7,292,783 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Qualcomm by 2.3% during the third quarter. Invesco Ltd. now owns 9,874,113 shares of the wireless technology company’s stock valued at $1,642,657,000 after acquiring an additional 220,209 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Qualcomm by 0.4% during the third quarter. Legal & General Group Plc now owns 9,207,183 shares of the wireless technology company’s stock valued at $1,531,707,000 after acquiring an additional 38,452 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Wall Street Analysts Forecast Growth

QCOM has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $160.00 price target on shares of Qualcomm in a report on Thursday, April 30th. Argus set a $220.00 price target on Qualcomm in a report on Friday, May 1st. JPMorgan Chase & Co. raised their price target on Qualcomm from $140.00 to $160.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Craig Hallum upgraded Qualcomm to a “buy” rating in a report on Friday, May 8th. Finally, Freedom Capital downgraded Qualcomm from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Fourteen equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $181.79.

Insiders Place Their Bets

In related news, CAO Patricia Y. Grech sold 829 shares of Qualcomm stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $201.77, for a total value of $167,267.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $177.82, for a total value of $569,024.00. Following the completion of the sale, the executive vice president owned 39,735 shares of the company’s stock, valued at $7,065,677.70. The trade was a 7.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 19,306 shares of company stock valued at $3,435,583 over the last quarter. Corporate insiders own 0.05% of the company’s stock.

Qualcomm Price Performance

NASDAQ QCOM opened at $238.16 on Tuesday. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $247.90. The stock has a 50-day moving average of $156.96 and a 200 day moving average of $159.19. The company has a market capitalization of $251.02 billion, a price-to-earnings ratio of 25.89, a PEG ratio of 29.50 and a beta of 1.49. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. During the same period last year, the company earned $2.85 EPS. Qualcomm’s revenue for the quarter was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, sell-side analysts forecast that Qualcomm Incorporated will post 7.99 EPS for the current year.

Qualcomm Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 1.5%. The ex-dividend date is Thursday, June 4th. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s dividend payout ratio is 38.70%.

Qualcomm announced that its board has initiated a share buyback plan on Tuesday, March 17th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

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.