Hixon Zuercher LLC Grows Stock Holdings in QUALCOMM Incorporated $QCOM

Hixon Zuercher LLC raised its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 4.7% in the second quarter, Holdings Channel reports. The institutional investor owned 8,848 shares of the wireless technology company’s stock after buying an additional 395 shares during the quarter. Hixon Zuercher LLC’s holdings in QUALCOMM were worth $1,409,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Atlantic Edge Private Wealth Management LLC boosted its stake in QUALCOMM by 70.0% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 70 shares during the last quarter. Vermillion & White Wealth Management Group LLC grew its stake in shares of QUALCOMM by 122.4% during the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 93 shares during the period. Chung Wu Investment Group LLC purchased a new stake in QUALCOMM during the second quarter valued at approximately $32,000. Harbor Asset Planning Inc. purchased a new stake in shares of QUALCOMM in the 2nd quarter worth $32,000. Finally, Atticus Wealth Management LLC raised its stake in shares of QUALCOMM by 21,200.0% in the second quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock worth $34,000 after buying an additional 212 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Wall Street Zen downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a research report on Sunday, August 3rd. Rosenblatt Securities restated a “buy” rating and issued a $225.00 price target on shares of QUALCOMM in a research report on Thursday, July 31st. Weiss Ratings upgraded QUALCOMM from a “hold (c+)” rating to a “buy (b-)” rating in a report on Saturday. JPMorgan Chase & Co. upped their price target on shares of QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Monday, July 28th. Finally, Mizuho decreased their target price on QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, QUALCOMM presently has an average rating of “Moderate Buy” and a consensus price target of $183.27.

QUALCOMM Stock Performance

Shares of QUALCOMM stock opened at $168.94 on Friday. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $182.10. The company has a 50 day moving average price of $163.40 and a 200 day moving average price of $155.12. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $182.29 billion, a P/E ratio of 16.29, a PEG ratio of 2.45 and a beta of 1.23.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, beating analysts’ consensus estimates of $2.71 by $0.06. The firm had revenue of $10.37 billion for the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The business’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the company earned $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Sell-side analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be paid a $0.89 dividend. The ex-dividend date is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.1%. QUALCOMM’s dividend payout ratio is presently 34.33%.

Insider Buying and Selling at QUALCOMM

In other news, insider Heather S. Ace sold 1,600 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $146.40, for a total value of $234,240.00. Following the completion of the transaction, the insider owned 21,193 shares of the company’s stock, valued at $3,102,655.20. The trade was a 7.02% decrease in their position. The sale was disclosed in a filing with the SEC, 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 value of $24,834,000.00. Following the completion of the sale, the chief executive officer owned 149,304 shares in the company, valued at approximately $24,718,770.24. This represents a 50.12% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 168,102 shares of company stock worth $27,706,855. Insiders own 0.08% of the company’s stock.

QUALCOMM 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.