Asset Management One Co. Ltd. Increases Stock Holdings in QUALCOMM Incorporated $QCOM

Asset Management One Co. Ltd. increased its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 2.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 482,377 shares of the wireless technology company’s stock after purchasing an additional 11,432 shares during the period. Asset Management One Co. Ltd.’s holdings in QUALCOMM were worth $76,823,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in QCOM. Brighton Jones LLC lifted its stake in shares of QUALCOMM by 116.6% in the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after acquiring an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC increased its position in QUALCOMM by 15.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after acquiring an additional 340 shares during the period. GAMMA Investing LLC increased its position in shares of QUALCOMM by 35.4% during the 1st quarter. GAMMA Investing LLC now owns 21,241 shares of the wireless technology company’s stock valued at $3,263,000 after purchasing an additional 5,555 shares during the period. First Pacific Financial boosted its stake in shares of QUALCOMM by 78.5% during the 1st quarter. First Pacific Financial now owns 357 shares of the wireless technology company’s stock worth $55,000 after acquiring an additional 157 shares in the last quarter. Finally, Golden State Wealth Management LLC boosted its stake in shares of QUALCOMM by 189.4% during the 1st quarter. Golden State Wealth Management LLC now owns 10,336 shares of the wireless technology company’s stock worth $1,588,000 after acquiring an additional 6,764 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on QCOM. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Arete raised QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price objective on the stock in a research note on Tuesday, August 26th. Susquehanna lifted their target price on QUALCOMM from $190.00 to $200.00 and gave the company a “positive” rating in a research report on Wednesday. Citigroup reiterated a “hold” rating on shares of QUALCOMM in a research note on Thursday, July 17th. Finally, UBS Group upped their price target on shares of QUALCOMM from $145.00 to $165.00 and gave the stock a “neutral” rating in a report on Monday, July 21st. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $183.27.

Insider Activity at QUALCOMM

In related news, CEO Cristiano R. Amon sold 150,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the transaction, the chief executive officer owned 149,304 shares in the company, valued at $24,718,770.24. The trade was a 50.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Akash J. Palkhiwala sold 8,335 shares of the business’s stock in a transaction dated Monday, October 20th. The shares were sold at an average price of $166.06, for a total transaction of $1,384,110.10. Following the transaction, the chief financial officer owned 36,541 shares in the company, valued at $6,067,998.46. This represents a 18.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 168,102 shares of company stock valued at $27,706,855 over the last three months. Corporate insiders own 0.08% of the company’s stock.

QUALCOMM Stock Performance

NASDAQ QCOM opened at $170.03 on Friday. The company has a market capitalization of $183.46 billion, a P/E ratio of 16.40, a P/E/G ratio of 2.47 and a beta of 1.23. The company has a fifty day moving average of $163.18 and a 200-day moving average of $154.60. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $182.10. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.71 by $0.06. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The firm had revenue of $10.37 billion for the quarter, compared to analysts’ expectations of $10.33 billion. During the same quarter in the previous year, the company earned $2.33 earnings per share. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, equities research analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be given a dividend of $0.89 per share. The ex-dividend date is Thursday, December 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.1%. QUALCOMM’s payout ratio is currently 34.33%.

QUALCOMM Company Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.