Swiss National Bank Raises Holdings in QUALCOMM Incorporated $QCOM

Swiss National Bank grew its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 6.8% in the second quarter, Holdings Channel reports. The firm owned 3,347,900 shares of the wireless technology company’s stock after buying an additional 214,400 shares during the quarter. Swiss National Bank’s holdings in QUALCOMM were worth $533,187,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Guinness Asset Management LTD lifted its stake in QUALCOMM by 11.6% during the 2nd quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock valued at $8,824,000 after acquiring an additional 5,779 shares during the period. CORDA Investment Management LLC. grew its stake in shares of QUALCOMM by 18.6% in the second quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock worth $3,579,000 after acquiring an additional 3,524 shares during the period. PFG Advisors raised its holdings in shares of QUALCOMM by 8.0% during the first quarter. PFG Advisors now owns 4,314 shares of the wireless technology company’s stock valued at $663,000 after purchasing an additional 321 shares during the last quarter. Russell Investments Group Ltd. lifted its position in QUALCOMM by 12.3% during the first quarter. Russell Investments Group Ltd. now owns 1,328,759 shares of the wireless technology company’s stock valued at $203,904,000 after purchasing an additional 145,509 shares during the period. Finally, Manchester Capital Management LLC boosted its holdings in QUALCOMM by 0.5% in the first quarter. Manchester Capital Management LLC now owns 24,169 shares of the wireless technology company’s stock worth $3,713,000 after purchasing an additional 129 shares during the last quarter. 74.35% of the stock is owned by institutional investors.

Insider Activity

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction that occurred on 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 $3,387,041.91. The trade was a 7.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Cristiano R. Amon sold 150,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the completion of the transaction, the chief executive officer owned 149,304 shares of the company’s stock, valued at approximately $24,718,770.24. The trade was a 50.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 167,514 shares of company stock worth $27,735,930 in the last quarter. 0.08% of the stock is currently owned by insiders.

QUALCOMM Price Performance

Shares of QUALCOMM stock opened at $159.59 on Friday. The stock has a market cap of $170.92 billion, a P/E ratio of 15.39, a P/E/G ratio of 2.59 and a beta of 1.26. 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’s fifty day moving average is $169.31 and its 200 day moving average is $159.52. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95.

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

QUALCOMM Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be issued a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, December 4th. QUALCOMM’s dividend payout ratio is currently 72.80%.

Wall Street Analyst Weigh In

A number of research firms have commented on QCOM. Cowen reaffirmed a “buy” rating on shares of QUALCOMM in a research report on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of QUALCOMM in a research note on Wednesday. Arete Research set a $200.00 price objective on QUALCOMM in a research report on Tuesday, August 26th. UBS Group increased their target price on QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Finally, Wall Street Zen raised QUALCOMM from a “hold” rating to a “buy” rating in a research report on Saturday, November 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target 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.