Maj Invest Holding A S Sells 69,600 Shares of QUALCOMM Incorporated $QCOM

Maj Invest Holding A S cut its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 5.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,257,679 shares of the wireless technology company’s stock after selling 69,600 shares during the period. QUALCOMM makes up about 7.1% of Maj Invest Holding A S’s portfolio, making the stock its 4th biggest holding. Maj Invest Holding A S owned approximately 0.12% of QUALCOMM worth $209,227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new position in shares of QUALCOMM in the second quarter worth $2,713,603,000. Amundi grew its stake in QUALCOMM by 38.2% during the second quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock worth $1,866,451,000 after buying an additional 3,186,524 shares in the last quarter. Viking Global Investors LP grew its stake in QUALCOMM by 120.1% during the second quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock worth $502,125,000 after buying an additional 1,720,529 shares in the last quarter. Rafferty Asset Management LLC raised its position in shares of QUALCOMM by 59.1% in the 2nd quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company’s stock valued at $703,675,000 after buying an additional 1,641,068 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC raised its position in shares of QUALCOMM by 228.6% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,130,038 shares of the wireless technology company’s stock valued at $179,970,000 after buying an additional 786,110 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on QCOM. Piper Sandler increased their price target on shares of QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Citigroup restated a “neutral” rating on shares of QUALCOMM in a research note on Thursday, January 15th. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Susquehanna set a $210.00 price target on QUALCOMM in a report on Thursday, November 6th. Finally, Royal Bank Of Canada initiated coverage on QUALCOMM in a research report on Wednesday, January 14th. They set a “sector perform” rating and a $180.00 price objective for the company. Ten analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, QUALCOMM currently has a consensus rating of “Hold” and a consensus price target of $189.06.

Insider Buying and Selling at QUALCOMM

In other news, EVP Alexander H. Rogers sold 15,917 shares of QUALCOMM stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the transaction, the executive vice president owned 26,071 shares in the company, valued at approximately $4,640,898.71. The trade was a 37.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the completion of the sale, the executive vice president directly owned 23,944 shares in the company, valued at approximately $4,262,750.32. This represents a 23.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 44,820 shares of company stock worth $7,883,482 over the last quarter. Insiders own 0.05% of the company’s stock.

QUALCOMM Trading Down 0.8%

NASDAQ QCOM opened at $154.52 on Tuesday. The company has a market cap of $165.04 billion, a price-to-earnings ratio of 31.60, a price-to-earnings-growth ratio of 3.47 and a beta of 1.21. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70. The business’s fifty day moving average is $170.11 and its 200 day moving average is $165.51.

QUALCOMM (NASDAQ:QCOM) last posted its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating the consensus estimate of $2.87 by $0.13. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The firm had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $10.74 billion. During the same period last year, the company earned $2.69 earnings per share. The business’s quarterly revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, sell-side analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be given a dividend of $0.89 per share. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.3%. QUALCOMM’s dividend payout ratio (DPR) is currently 72.80%.

About QUALCOMM

QUALCOMM Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.