QUALCOMM Incorporated $QCOM Shares Purchased by Howe & Rusling Inc.

Howe & Rusling Inc. increased its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 0.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,310 shares of the wireless technology company’s stock after buying an additional 323 shares during the period. Howe & Rusling Inc.’s holdings in QUALCOMM were worth $5,783,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC grew its holdings in shares of QUALCOMM by 656,661.0% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock worth $9,360,274,000 after acquiring an additional 58,764,593 shares during the period. Nuveen LLC acquired a new position in QUALCOMM during the first quarter worth $529,713,000. Goldman Sachs Group Inc. boosted its position in QUALCOMM by 24.1% during the first quarter. Goldman Sachs Group Inc. now owns 7,254,759 shares of the wireless technology company’s stock worth $1,114,403,000 after purchasing an additional 1,407,797 shares in the last quarter. Deutsche Bank AG grew its holdings in QUALCOMM by 11.2% in the first quarter. Deutsche Bank AG now owns 8,665,910 shares of the wireless technology company’s stock valued at $1,331,170,000 after purchasing an additional 875,412 shares during the last quarter. Finally, AQR Capital Management LLC grew its holdings in QUALCOMM by 84.6% in the first quarter. AQR Capital Management LLC now owns 1,544,011 shares of the wireless technology company’s stock valued at $230,444,000 after purchasing an additional 707,615 shares during the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

QUALCOMM Stock Performance

NASDAQ:QCOM opened at $166.11 on Thursday. The company has a market cap of $177.90 billion, a P/E ratio of 16.02, a P/E/G ratio of 2.59 and a beta of 1.26. The firm’s 50 day moving average is $169.35 and its two-hundred day moving average is $159.52. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $10.74 billion. During the same quarter in the previous year, the business earned $2.69 earnings per share. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s dividend payout ratio (DPR) is 72.80%.

Insiders Place Their Bets

In other news, insider Heather S. Ace sold 1,600 shares of the stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $172.87, for a total transaction of $276,592.00. Following the transaction, the insider owned 19,593 shares of the company’s stock, valued at approximately $3,387,041.91. This trade represents a 7.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Patricia Y. Grech sold 203 shares of the business’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $172.87, for a total value of $35,092.61. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 167,514 shares of company stock valued at $27,735,930 over the last 90 days. 0.08% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on QCOM. Bank of America lifted their price target on QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Rosenblatt Securities restated a “buy” rating and set a $225.00 target price on shares of QUALCOMM in a research report on Thursday, November 6th. Citigroup upped their price target on shares of QUALCOMM from $170.00 to $175.00 and gave the company a “neutral” rating in a report on Tuesday, October 28th. 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, Weiss Ratings restated a “hold (c)” rating on shares of QUALCOMM in a research report on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $190.38.

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.