SOA Wealth Advisors LLC. Boosts Position in QUALCOMM Incorporated $QCOM

SOA Wealth Advisors LLC. raised its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 20.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,979 shares of the wireless technology company’s stock after acquiring an additional 338 shares during the quarter. SOA Wealth Advisors LLC.’s holdings in QUALCOMM were worth $315,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in QCOM. Dogwood Wealth Management LLC increased its stake in QUALCOMM by 10.6% during the second quarter. Dogwood Wealth Management LLC now owns 5,061 shares of the wireless technology company’s stock worth $807,000 after acquiring an additional 483 shares during the last quarter. Trilogy Capital Inc. boosted its position in shares of QUALCOMM by 3.2% in the second quarter. Trilogy Capital Inc. now owns 21,918 shares of the wireless technology company’s stock worth $3,491,000 after buying an additional 675 shares during the period. QTR Family Wealth LLC boosted its holdings in QUALCOMM by 4.9% in the second quarter. QTR Family Wealth LLC now owns 2,801 shares of the wireless technology company’s stock valued at $446,000 after purchasing an additional 131 shares during the last quarter. Trust Co. of Vermont boosted its holdings in QUALCOMM by 1.4% in the second quarter. Trust Co. of Vermont now owns 9,544 shares of the wireless technology company’s stock valued at $1,520,000 after purchasing an additional 136 shares during the last quarter. Finally, Ninety One UK Ltd purchased a new position in QUALCOMM in the second quarter valued at about $13,882,000. 74.35% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other QUALCOMM news, CFO Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction on 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 directly owned 39,874 shares in the company, valued at $6,254,635.64. This represents a 7.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Heather S. Ace sold 1,600 shares of the business’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $146.40, for a total value of $234,240.00. Following the transaction, 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. In the last ninety days, insiders have sold 9,767 shares of company stock valued at $1,488,745. 0.08% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on QCOM shares. Citigroup restated a “hold” rating on shares of QUALCOMM in a research note on Thursday, July 17th. Arete upgraded QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 target price on the stock in a research report on Tuesday, August 26th. Wall Street Zen cut QUALCOMM from a “buy” rating to a “hold” rating in a research report on Sunday, August 3rd. JPMorgan Chase & Co. increased their price target on QUALCOMM from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $225.00 price target on shares of QUALCOMM in a research note on Thursday, July 31st. One research 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 given a Sell rating to the company. According to MarketBeat.com, QUALCOMM presently has a consensus rating of “Moderate Buy” and an average target price of $182.82.

QUALCOMM Trading Up 1.4%

QUALCOMM stock opened at $168.85 on Friday. 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. The stock has a market capitalization of $182.19 billion, a P/E ratio of 16.28, a PEG ratio of 2.43 and a beta of 1.23. The stock has a 50-day simple moving average of $159.29 and a 200 day simple moving average of $153.20.

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

QUALCOMM Dividend Announcement

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

About QUALCOMM

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.