Mirae Asset Global Investments Co. Ltd. Grows Holdings in QUALCOMM Incorporated $QCOM

Mirae Asset Global Investments Co. Ltd. increased its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 0.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 987,601 shares of the wireless technology company’s stock after buying an additional 9,273 shares during the period. Mirae Asset Global Investments Co. Ltd. owned about 0.09% of QUALCOMM worth $157,285,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Jmac Enterprises LLC increased its stake in shares of QUALCOMM by 4.2% during the second quarter. Jmac Enterprises LLC now owns 4,800 shares of the wireless technology company’s stock valued at $764,000 after buying an additional 193 shares during the period. Syntax Research Inc. increased its stake in shares of QUALCOMM by 22.9% during the second quarter. Syntax Research Inc. now owns 18,240 shares of the wireless technology company’s stock valued at $2,905,000 after buying an additional 3,397 shares during the period. Patriot Financial Group Insurance Agency LLC increased its stake in shares of QUALCOMM by 2.9% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 27,187 shares of the wireless technology company’s stock valued at $4,330,000 after buying an additional 772 shares during the period. ASR Vermogensbeheer N.V. increased its stake in shares of QUALCOMM by 2.4% during the second quarter. ASR Vermogensbeheer N.V. now owns 94,843 shares of the wireless technology company’s stock valued at $15,104,000 after buying an additional 2,253 shares during the period. Finally, McGuire Investment Group LLC increased its stake in shares of QUALCOMM by 1.5% during the second quarter. McGuire Investment Group LLC now owns 152,685 shares of the wireless technology company’s stock valued at $24,317,000 after buying an additional 2,259 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

QUALCOMM Price Performance

Shares of NASDAQ QCOM opened at $168.85 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. The company has a market cap of $182.19 billion, a PE ratio of 16.28, a P/E/G ratio of 2.43 and a beta of 1.23. The business has a 50-day simple moving average of $159.29 and a two-hundred day simple moving average of $153.20. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $182.10.

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

QUALCOMM Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 4th were issued a dividend of $0.89 per share. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.1%. QUALCOMM’s payout ratio is 34.33%.

Insider Transactions at QUALCOMM

In related news, CFO Akash J. Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $156.86, for a total transaction of $522,814.38. Following the completion of the sale, the chief financial officer owned 39,874 shares of the company’s stock, valued at $6,254,635.64. The trade was a 7.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $146.40, for a total value of $234,240.00. Following the sale, the insider directly owned 21,193 shares of the company’s stock, valued at $3,102,655.20. This trade represents a 7.02% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,767 shares of company stock worth $1,488,745. 0.08% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Arete Research set a $200.00 price target on QUALCOMM in a research note on Tuesday, August 26th. Bank of America cut their price target on QUALCOMM from $245.00 to $200.00 and set a “buy” rating on the stock in a research note on Tuesday, June 17th. Citigroup reaffirmed a “hold” rating on shares of QUALCOMM in a research report on Thursday, July 17th. Sanford C. Bernstein set a $185.00 price objective on QUALCOMM and gave the company an “outperform” rating in a research report on Monday, July 28th. Finally, JPMorgan Chase & Co. raised their price objective on QUALCOMM from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $182.82.

QUALCOMM 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.