Vicus Capital Has $472,000 Stock Holdings in QUALCOMM Incorporated $QCOM

Vicus Capital trimmed its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 18.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,962 shares of the wireless technology company’s stock after selling 685 shares during the quarter. Vicus Capital’s holdings in QUALCOMM were worth $472,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of QCOM. Naples Global Advisors LLC grew its stake in shares of QUALCOMM by 0.3% in the second quarter. Naples Global Advisors LLC now owns 37,747 shares of the wireless technology company’s stock worth $6,012,000 after purchasing an additional 114 shares during the last quarter. Pure Financial Advisors LLC lifted its holdings in QUALCOMM by 9.4% during the 2nd quarter. Pure Financial Advisors LLC now owns 21,941 shares of the wireless technology company’s stock worth $3,494,000 after buying an additional 1,884 shares during the period. BSW Wealth Partners grew its position in shares of QUALCOMM by 1.5% in the 2nd quarter. BSW Wealth Partners now owns 5,699 shares of the wireless technology company’s stock valued at $908,000 after buying an additional 83 shares during the last quarter. Woodward Diversified Capital LLC grew its position in shares of QUALCOMM by 112.0% in the 2nd quarter. Woodward Diversified Capital LLC now owns 5,503 shares of the wireless technology company’s stock valued at $876,000 after buying an additional 2,907 shares during the last quarter. Finally, B.O.S.S. Retirement Advisors LLC acquired a new stake in shares of QUALCOMM in the second quarter valued at about $273,000. Institutional investors own 74.35% of the company’s stock.

QUALCOMM Trading Up 1.4%

Shares of QUALCOMM stock opened at $168.85 on Friday. The stock has a market capitalization of $182.19 billion, a PE ratio of 16.28, a price-to-earnings-growth ratio of 2.43 and a beta of 1.23. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $182.10. The stock has a 50 day moving average price of $159.29 and a two-hundred day moving average price of $153.20. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19.

QUALCOMM (NASDAQ:QCOM) last issued its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (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 company had revenue of $10.37 billion for the quarter, compared to analysts’ expectations of $10.33 billion. During the same period last year, the business earned $2.33 EPS. QUALCOMM’s quarterly revenue was up 10.4% compared to the same quarter last year. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, equities analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th were given a dividend of $0.89 per share. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.1%. QUALCOMM’s payout ratio is presently 34.33%.

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, CFO Akash J. Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction dated 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 transaction, the chief financial officer owned 39,874 shares in the company, valued at approximately $6,254,635.64. The trade was a 7.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Patricia Y. Grech sold 201 shares of the business’s stock in a transaction that occurred 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 directly owned 203 shares of the company’s stock, valued at $34,510. This represents a 49.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,767 shares of company stock worth $1,488,745. 0.08% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. lifted their price objective on QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Wall Street Zen lowered shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Citigroup reiterated a “hold” rating on shares of QUALCOMM in a research report on Thursday, July 17th. Mizuho lowered their target price on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a research note on Thursday, July 31st. Finally, Piper Sandler cut their price target on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $182.82.

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.