Elo Mutual Pension Insurance Co Has $22.11 Million Stock Holdings in Qualcomm Incorporated $QCOM

Elo Mutual Pension Insurance Co boosted its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 17.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 132,926 shares of the wireless technology company’s stock after buying an additional 19,380 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Qualcomm were worth $22,114,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Harbor Capital Advisors Inc. grew its position in shares of Qualcomm by 72.2% in the third 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. Cloud Capital Management LLC bought a new stake in Qualcomm in the 3rd quarter valued at $27,000. Winnow Wealth LLC bought a new stake in Qualcomm in the 2nd quarter valued at $32,000. Lavaca Capital LLC acquired a new position in Qualcomm in the 2nd quarter valued at $32,000. Finally, Howard Hughes Medical Institute bought a new position in Qualcomm during the 2nd quarter worth $38,000. 74.35% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CAO Patricia Y. Grech sold 203 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the sale, the executive vice president directly owned 23,944 shares in the company, valued at $4,262,750.32. The trade was a 23.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 45,704 shares of company stock valued at $7,818,708 over the last three months. Insiders own 0.05% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Bank of America lowered shares of Qualcomm from a “buy” rating to a “neutral” rating and set a $155.00 price target on the stock. in a research report on Thursday, February 5th. TD Cowen decreased their target price on shares of Qualcomm from $190.00 to $150.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. Zacks Research downgraded shares of Qualcomm from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 27th. JPMorgan Chase & Co. cut their price target on Qualcomm from $195.00 to $185.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Finally, DZ Bank upgraded Qualcomm to a “strong-buy” rating in a research note on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $168.48.

Qualcomm Stock Down 2.2%

QCOM stock opened at $142.36 on Monday. The firm has a 50-day moving average price of $157.05 and a 200-day moving average price of $163.89. Qualcomm Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $151.90 billion, a P/E ratio of 29.41, a price-to-earnings-growth ratio of 7.11 and a beta of 1.25.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The business had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.16 billion. During the same period in the prior year, the company earned $3.41 EPS. The firm’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. As a group, equities research analysts anticipate that Qualcomm Incorporated will post 9.39 EPS for the current fiscal year.

Qualcomm Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be issued a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Thursday, March 5th. Qualcomm’s payout ratio is 73.55%.

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.