QUALCOMM Incorporated $QCOM Shares Purchased by Panagora Asset Management Inc.

Panagora Asset Management Inc. boosted its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 89.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 936,182 shares of the wireless technology company’s stock after acquiring an additional 440,832 shares during the period. QUALCOMM comprises about 0.7% of Panagora Asset Management Inc.’s holdings, making the stock its 29th biggest holding. Panagora Asset Management Inc. owned 0.09% of QUALCOMM worth $149,096,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in QUALCOMM by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after buying an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of QUALCOMM by 15.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after acquiring an additional 340 shares in the last quarter. Harbour Investments Inc. boosted its stake in shares of QUALCOMM by 3.3% in the first quarter. Harbour Investments Inc. now owns 9,632 shares of the wireless technology company’s stock worth $1,480,000 after acquiring an additional 307 shares during the last quarter. Nicolet Advisory Services LLC boosted its stake in shares of QUALCOMM by 16.5% in the first quarter. Nicolet Advisory Services LLC now owns 1,982 shares of the wireless technology company’s stock worth $304,000 after acquiring an additional 281 shares during the last quarter. Finally, Jefferies Financial Group Inc. increased its position in shares of QUALCOMM by 42.6% during the first quarter. Jefferies Financial Group Inc. now owns 24,351 shares of the wireless technology company’s stock worth $3,741,000 after purchasing an additional 7,275 shares in the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at QUALCOMM

In other news, CAO Patricia Y. Grech sold 513 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $160.95, for a total value of $82,567.35. Following the sale, the chief accounting officer directly owned 203 shares of the company’s stock, valued at approximately $32,672.85. The trade was a 71.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $170.33, for a total transaction of $567,709.89. Following the completion of the transaction, the chief financial officer owned 33,208 shares in the company, valued at approximately $5,656,318.64. This represents a 9.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 167,791 shares of company stock valued at $27,781,124 in the last ninety days. Insiders own 0.08% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on QCOM shares. Susquehanna set a $210.00 target price on shares of QUALCOMM in a report on Thursday, November 6th. Citigroup upped their price target on QUALCOMM from $170.00 to $175.00 and gave the company a “neutral” rating in a research report on Tuesday, October 28th. Wells Fargo & Company increased their price target on QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a report on Thursday, November 6th. JPMorgan Chase & Co. boosted their price objective on QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $190.38.

QUALCOMM Price Performance

QCOM stock opened at $167.79 on Monday. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. 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 stock has a market cap of $179.70 billion, a price-to-earnings ratio of 16.18, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26. The business has a fifty day moving average of $169.36 and a two-hundred day moving average of $160.50.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. The business had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The company’s revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the business posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, research analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, December 4th. QUALCOMM’s dividend payout ratio (DPR) is 72.80%.

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.