TD Asset Management Inc Decreases Stake in QUALCOMM Incorporated $QCOM

TD Asset Management Inc trimmed its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 5.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,962,835 shares of the wireless technology company’s stock after selling 122,917 shares during the period. TD Asset Management Inc owned about 0.18% of QUALCOMM worth $326,537,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Parr Mcknight Wealth Management Group LLC raised its holdings in shares of QUALCOMM by 1.5% in the 3rd quarter. Parr Mcknight Wealth Management Group LLC now owns 19,951 shares of the wireless technology company’s stock valued at $3,319,000 after purchasing an additional 301 shares in the last quarter. Mufg Securities Americas Inc. raised its stake in QUALCOMM by 19.6% in the third quarter. Mufg Securities Americas Inc. now owns 29,089 shares of the wireless technology company’s stock valued at $4,839,000 after buying an additional 4,773 shares in the last quarter. Lake Street Private Wealth LLC lifted its holdings in QUALCOMM by 5.8% during the 3rd quarter. Lake Street Private Wealth LLC now owns 9,705 shares of the wireless technology company’s stock worth $1,615,000 after buying an additional 529 shares during the last quarter. Lcnb Corp boosted its position in shares of QUALCOMM by 32.6% during the 3rd quarter. Lcnb Corp now owns 1,729 shares of the wireless technology company’s stock worth $288,000 after acquiring an additional 425 shares in the last quarter. Finally, First Financial Bankshares Inc boosted its position in shares of QUALCOMM by 6.7% during the 3rd quarter. First Financial Bankshares Inc now owns 1,671 shares of the wireless technology company’s stock worth $278,000 after acquiring an additional 105 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on QCOM shares. Susquehanna lowered QUALCOMM from a “positive” rating to a “neutral” rating and set a $140.00 target price on the stock. in a research report on Thursday, February 5th. Cantor Fitzgerald cut their price objective on shares of QUALCOMM from $185.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. TD Cowen lowered their target price on shares of QUALCOMM from $190.00 to $150.00 and set a “buy” rating for the company in a report on Thursday, February 5th. Wells Fargo & Company upgraded shares of QUALCOMM from an “underweight” rating to an “equal weight” rating and lifted their price target for the stock from $135.00 to $185.00 in a research note on Tuesday. Finally, UBS Group reissued a “neutral” rating on shares of QUALCOMM in a research report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $168.48.

Insider Activity

In related news, CAO Patricia Y. Grech sold 203 shares of QUALCOMM stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the transaction, the executive vice president owned 35,599 shares of the company’s stock, valued at approximately $4,900,202.35. The trade was a 8.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 45,704 shares of company stock valued at $7,818,708. 0.05% of the stock is currently owned by company insiders.

QUALCOMM Stock Performance

Shares of QUALCOMM stock opened at $144.78 on Wednesday. The firm’s fifty day simple moving average is $158.81 and its 200-day simple moving average is $164.06. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The stock has a market capitalization of $154.48 billion, a price-to-earnings ratio of 29.91, a PEG ratio of 7.01 and a beta of 1.22. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.12. QUALCOMM had a net margin of 11.96% and a return on equity of 44.09%. The company had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.16 billion. During the same period in the previous year, the business posted $3.41 earnings per share. QUALCOMM’s quarterly revenue was up 4.7% on a year-over-year basis. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, equities analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s dividend payout ratio is 73.55%.

QUALCOMM Company Profile

QUALCOMM Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.