Twin Capital Management Inc. Boosts Position in QUALCOMM Incorporated $QCOM

Twin Capital Management Inc. increased its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 9.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,826 shares of the wireless technology company’s stock after acquiring an additional 3,863 shares during the period. QUALCOMM comprises 0.8% of Twin Capital Management Inc.’s holdings, making the stock its 25th largest position. Twin Capital Management Inc.’s holdings in QUALCOMM were worth $7,139,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of QCOM. Kingstone Capital Partners Texas LLC grew its holdings in shares of QUALCOMM by 656,661.0% during the second 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 buying an additional 58,764,593 shares in the last quarter. Nuveen LLC acquired a new stake in QUALCOMM in the 1st quarter valued at about $529,713,000. Goldman Sachs Group Inc. raised its stake in QUALCOMM by 24.1% in the first quarter. Goldman Sachs Group Inc. now owns 7,254,759 shares of the wireless technology company’s stock valued at $1,114,403,000 after buying an additional 1,407,797 shares in the last quarter. Deutsche Bank AG grew its position in shares of QUALCOMM by 11.2% in the 1st quarter. Deutsche Bank AG now owns 8,665,910 shares of the wireless technology company’s stock valued at $1,331,170,000 after buying an additional 875,412 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of 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 acquiring an additional 707,615 shares during the period. Institutional investors and hedge funds own 74.35% of the company’s stock.

QUALCOMM Stock Up 4.0%

Shares of NASDAQ:QCOM opened at $179.72 on Thursday. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95. The company has a market cap of $193.92 billion, a PE ratio of 17.33, a price-to-earnings-growth 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 firm has a 50 day simple moving average of $167.01 and a 200 day simple moving average of $157.54.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share 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 analyst estimates of $10.74 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.69 EPS. 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, December 18th. Stockholders of record on Thursday, December 4th will be issued a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, December 4th. QUALCOMM’s dividend payout ratio (DPR) is presently 34.33%.

Analyst Upgrades and Downgrades

QCOM has been the topic of a number of analyst reports. Susquehanna lifted their price target on QUALCOMM from $190.00 to $200.00 and gave the company a “positive” rating in a research note on Wednesday, October 22nd. Arete Research set a $200.00 price target on QUALCOMM in a research report on Tuesday, August 26th. UBS Group set a $165.00 price target on QUALCOMM in a research report on Monday, October 27th. Arete raised shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a research report on Tuesday, August 26th. Finally, Mizuho reduced their target price on QUALCOMM from $190.00 to $185.00 and set an “outperform” rating on the stock in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, QUALCOMM currently has an average rating of “Moderate Buy” and a consensus price target of $184.41.

Insider Buying and Selling

In related news, CEO Cristiano R. Amon sold 150,000 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the completion of the sale, the chief executive officer owned 149,304 shares in the company, valued at $24,718,770.24. This trade represents a 50.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Patricia Y. Grech sold 201 shares of the business’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $170.00, for a total value of $34,170.00. Following the sale, the chief accounting officer owned 203 shares of the company’s stock, valued at approximately $34,510. The trade was a 49.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 163,169 shares of company stock valued at $26,978,998 over the last ninety days. Company insiders own 0.08% of the company’s stock.

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.