First Command Advisory Services Inc. Buys 233 Shares of QUALCOMM Incorporated $QCOM

First Command Advisory Services Inc. grew its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 11.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,223 shares of the wireless technology company’s stock after acquiring an additional 233 shares during the period. First Command Advisory Services Inc.’s holdings in QUALCOMM were worth $354,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in QCOM. Atlantic Edge Private Wealth Management LLC increased its stake in QUALCOMM by 70.0% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock worth $26,000 after acquiring an additional 70 shares during the last quarter. Vermillion & White Wealth Management Group LLC increased its stake in QUALCOMM by 122.4% in the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after acquiring an additional 93 shares during the last quarter. Chung Wu Investment Group LLC bought a new position in QUALCOMM in the 2nd quarter worth about $32,000. Harbor Asset Planning Inc. bought a new position in QUALCOMM in the 2nd quarter worth about $32,000. Finally, Atticus Wealth Management LLC increased its stake in QUALCOMM by 21,200.0% in the 2nd quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock worth $34,000 after acquiring an additional 212 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors.

Insider Activity at QUALCOMM

In related news, CFO Akash J. Palkhiwala sold 8,335 shares of the stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $166.06, for a total transaction of $1,384,110.10. Following the completion of the sale, the chief financial officer directly owned 36,541 shares in the company, valued at $6,067,998.46. This represents a 18.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Neil Martin sold 791 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $154.82, for a total value of $122,462.62. Following the sale, the chief accounting officer owned 1,106 shares of the company’s stock, valued at $171,230.92. This represents a 41.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 168,102 shares of company stock worth $27,706,855 over the last three months. Corporate insiders own 0.08% of the company’s stock.

QUALCOMM Price Performance

Shares of QUALCOMM stock opened at $168.94 on Monday. The firm has a market capitalization of $182.29 billion, a PE ratio of 16.29, a price-to-earnings-growth ratio of 2.45 and a beta of 1.23. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $182.10. The business’s 50-day moving average price is $163.40 and its 200-day moving average price is $155.20. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54.

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

QUALCOMM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be issued a dividend of $0.89 per share. The ex-dividend date is Thursday, December 4th. This represents a $3.56 annualized dividend and a yield of 2.1%. QUALCOMM’s dividend payout ratio is currently 34.33%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on QCOM shares. UBS Group upped their target price on QUALCOMM from $145.00 to $165.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Susquehanna increased their price objective on QUALCOMM from $190.00 to $200.00 and gave the company a “positive” rating in a research report on Wednesday, October 22nd. Rosenblatt Securities reiterated a “buy” rating and set a $225.00 price objective 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 research report on Saturday. Finally, Citigroup reiterated a “hold” rating on shares of QUALCOMM in a research report on Thursday, July 17th. One equities research 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. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $183.27.

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.