3,513 Shares in Qualcomm Incorporated $QCOM Purchased by Osmosis Investment Management UK Ltd

Osmosis Investment Management UK Ltd bought a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,513 shares of the wireless technology company’s stock, valued at approximately $649,000.

A number of other institutional investors have also added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of Qualcomm in the second quarter worth approximately $17,583,115,000. Geode Capital Management LLC lifted its position in Qualcomm by 12.5% during the fourth quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock valued at $4,931,968,000 after purchasing an additional 3,221,924 shares during the last quarter. Wellington Management Group LLP lifted its position in Qualcomm by 34.5% during the fourth quarter. Wellington Management Group LLP now owns 16,727,862 shares of the wireless technology company’s stock valued at $2,861,301,000 after purchasing an additional 4,290,622 shares during the last quarter. Norges Bank purchased a new position in Qualcomm in the 4th quarter worth approximately $2,591,056,000. Finally, Amundi grew its stake in Qualcomm by 9.9% in the 3rd quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock worth $2,136,486,000 after buying an additional 1,138,541 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors.

Qualcomm Price Performance

Shares of Qualcomm stock opened at $160.56 on Wednesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92. The company has a fifty day moving average of $175.94 and a 200-day moving average of $168.28. The stock has a market capitalization of $168.62 billion, a price-to-earnings ratio of 18.58, a price-to-earnings-growth ratio of 14.63 and a beta of 1.65.

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

Qualcomm Dividend Announcement

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

Insider Transactions at Qualcomm

In other news, CAO Patricia Y. Grech sold 625 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was 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 owned 208 shares of the company’s stock, valued at approximately $33,872.80. The trade was a 75.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 dated Tuesday, July 14th. The shares were sold at an average price of $180.81, for a total value of $452,025.00. Following the sale, the executive vice president owned 23,184 shares of the company’s stock, valued at $4,191,899.04. This represents a 9.73% 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. Over the last quarter, insiders have sold 11,325 shares of company stock worth $1,925,859. Company insiders own 0.05% of the company’s stock.

Wall Street Analysts Forecast Growth

QCOM has been the topic of several research reports. Argus set a $220.00 price objective on shares of Qualcomm in a research report on Friday, May 1st. Oppenheimer set a $200.00 target price on Qualcomm in a research note on Monday, July 27th. Craig Hallum downgraded Qualcomm from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Zacks Research raised Qualcomm from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Daiwa Securities Group upgraded Qualcomm from a “neutral” rating to an “outperform” rating and set a $225.00 price objective for the company in a report on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $203.76.

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.