QUALCOMM Incorporated $QCOM Shares Bought by Integrity Alliance LLC.

Integrity Alliance LLC. grew its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 287.8% in the 1st quarter, Holdings Channel.com reports. The fund owned 10,177 shares of the wireless technology company’s stock after acquiring an additional 7,553 shares during the quarter. Integrity Alliance LLC.’s holdings in QUALCOMM were worth $1,563,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of QCOM. Ransom Advisory Ltd acquired a new stake in QUALCOMM during the 1st quarter worth $191,000. Anchor Investment Management LLC increased its stake in QUALCOMM by 13.6% in the first quarter. Anchor Investment Management LLC now owns 40,249 shares of the wireless technology company’s stock valued at $6,183,000 after purchasing an additional 4,818 shares during the period. Ilmarinen Mutual Pension Insurance Co raised its holdings in shares of QUALCOMM by 5.9% in the first quarter. Ilmarinen Mutual Pension Insurance Co now owns 180,000 shares of the wireless technology company’s stock valued at $27,650,000 after buying an additional 10,000 shares during the last quarter. SageView Advisory Group LLC boosted its stake in shares of QUALCOMM by 7.6% during the first quarter. SageView Advisory Group LLC now owns 3,562 shares of the wireless technology company’s stock worth $547,000 after buying an additional 251 shares during the period. Finally, Advisory Alpha LLC grew its holdings in shares of QUALCOMM by 13.0% during the first quarter. Advisory Alpha LLC now owns 4,891 shares of the wireless technology company’s stock worth $751,000 after buying an additional 563 shares during the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

QUALCOMM Price Performance

QUALCOMM stock opened at $158.95 on Thursday. The company has a market cap of $171.51 billion, a P/E ratio of 15.33, a price-to-earnings-growth ratio of 2.31 and a beta of 1.21. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $182.10. The business has a fifty day moving average of $156.41 and a two-hundred day moving average of $152.09. 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 announced its quarterly earnings results 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 business had revenue of $10.37 billion during the quarter, compared to the consensus estimate of $10.33 billion. During the same quarter last year, the firm posted $2.33 EPS. The business’s revenue 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, analysts predict that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th will be issued a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Thursday, September 4th. QUALCOMM’s dividend payout ratio is 34.33%.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Mizuho reduced their price objective on QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a research note on Thursday, July 31st. Arete Research set a $200.00 target price on QUALCOMM in a report on Tuesday, August 26th. JPMorgan Chase & Co. upped their price target on QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Bank of America lowered their price objective on shares of QUALCOMM from $245.00 to $200.00 and set a “buy” rating on the stock in a research report on Tuesday, June 17th. Finally, Piper Sandler dropped their price objective on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $182.82.

Insider Activity

In related news, CAO Patricia Y. Grech sold 236 shares of the stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $158.36, for a total value of $37,372.96. Following the transaction, the chief accounting officer directly owned 677 shares of the company’s stock, valued at approximately $107,209.72. This trade represents a 25.85% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $146.40, for a total transaction of $234,240.00. Following the transaction, the insider directly owned 21,193 shares in the company, valued at approximately $3,102,655.20. This trade represents a 7.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,626 shares of company stock worth $1,948,054. 0.08% of the stock is currently owned by corporate insiders.

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.