TD Waterhouse Canada Inc. Has $57.99 Million Position in QUALCOMM Incorporated $QCOM

TD Waterhouse Canada Inc. boosted its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 1.4% during the third quarter, Holdings Channel reports. The institutional investor owned 348,505 shares of the wireless technology company’s stock after purchasing an additional 4,882 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in QUALCOMM were worth $57,986,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of QCOM. Norges Bank acquired a new position in QUALCOMM during the second quarter worth $2,713,603,000. Amundi lifted its position in QUALCOMM by 38.2% during the 2nd quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock worth $1,866,451,000 after buying an additional 3,186,524 shares in the last quarter. Viking Global Investors LP boosted its stake in shares of QUALCOMM by 120.1% during the 2nd quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock worth $502,125,000 after buying an additional 1,720,529 shares during the last quarter. Rafferty Asset Management LLC grew its holdings in shares of QUALCOMM by 59.1% in the 2nd quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company’s stock valued at $703,675,000 after acquiring an additional 1,641,068 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC increased its position in shares of QUALCOMM by 228.6% in the second quarter. Worldquant Millennium Advisors LLC now owns 1,130,038 shares of the wireless technology company’s stock valued at $179,970,000 after acquiring an additional 786,110 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Buying and Selling

In other QUALCOMM news, EVP Ann C. Chaplin sold 7,180 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the transaction, the executive vice president directly owned 23,944 shares of the company’s stock, valued at $4,262,750.32. This represents a 23.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Alexander H. Rogers sold 15,917 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total value of $2,833,385.17. Following the transaction, the executive vice president owned 26,071 shares in the company, valued at $4,640,898.71. The trade was a 37.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 44,820 shares of company stock valued at $7,883,482 in the last ninety days. 0.05% of the stock is currently owned by company insiders.

QUALCOMM Stock Down 0.2%

QCOM opened at $152.70 on Thursday. The stock’s fifty day simple moving average is $169.60 and its 200 day simple moving average is $165.39. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95. The stock has a market cap of $163.09 billion, a PE ratio of 31.23, a price-to-earnings-growth ratio of 3.41 and a beta of 1.21. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating the consensus estimate of $2.87 by $0.13. The firm had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The company’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, research analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s payout ratio is currently 72.80%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. JPMorgan Chase & Co. increased their price target on QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Bank of America upped their price objective on QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Weiss Ratings reissued a “hold (c)” rating on shares of QUALCOMM in a research note on Monday, December 29th. UBS Group lowered their target price on shares of QUALCOMM from $185.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday. Finally, TD Cowen reiterated a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $189.06.

QUALCOMM 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.