101,603 Shares of Qualcomm Incorporated $QCOM Acquired by Isthmus Partners LLC

Isthmus Partners LLC acquired a new stake in Qualcomm Incorporated (NASDAQ:QCOM) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 101,603 shares of the wireless technology company’s stock, valued at approximately $18,699,000. Qualcomm comprises about 1.7% of Isthmus Partners LLC’s portfolio, making the stock its 12th largest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Your Advocates Ltd. LLP acquired a new position in Qualcomm during the first quarter worth about $26,000. Caitong International Asset Management Co. Ltd grew its position in shares of Qualcomm by 17,000.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 170 shares during the last quarter. ABS Investment Management LLC acquired a new stake in shares of Qualcomm in the second quarter valued at approximately $34,000. ABS Direct Equity Fund LLC acquired a new stake in shares of Qualcomm in the second quarter valued at approximately $34,000. Finally, Burk Holdings LLC grew its position in shares of Qualcomm by 191.7% in the second quarter. Burk Holdings LLC now owns 210 shares of the wireless technology company’s stock valued at $39,000 after purchasing an additional 138 shares during the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Qualcomm Price Performance

Qualcomm stock opened at $172.83 on Friday. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $259.92. The stock has a market capitalization of $184.55 billion, a P/E ratio of 20.00, a P/E/G ratio of 4.00 and a beta of 1.65. The firm’s 50-day moving average is $175.97 and its two-hundred day moving average is $181.04. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). The firm had revenue of $9.95 billion for the quarter, compared to analysts’ expectations of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%. The business’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Equities analysts predict that Qualcomm Incorporated will post 7.71 earnings per share for the current year.

Qualcomm Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 3rd will be paid a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, December 3rd. Qualcomm’s payout ratio is presently 42.59%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on QCOM. Arete Research raised shares of Qualcomm to a “strong-buy” rating in a research note on Friday, October 16th. Zacks Research lowered Qualcomm from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 15th. Raymond James Financial started coverage on Qualcomm in a report on Thursday, June 25th. They set a “strong-buy” rating on the stock. Monness Crespi & Hardt raised Qualcomm to a “buy” rating in a research report on Thursday, June 25th. Finally, Lake Street Capital cut Qualcomm to a “hold” rating in a report on Thursday, June 25th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty-one have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Qualcomm presently has an average rating of “Hold” and an average price target of $205.83.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: An analyst upgrade and a higher $200 price target provide a favorable valuation signal and suggest potential upside from recent levels. Qualcomm Stock Jumps on Analyst Upgrade
• Positive Sentiment: Qualcomm reported approximately $141.5 million in net ETF buying on Tuesday, indicating some institutional demand for QCOM shares. Qualcomm Sees Net ETF Buying
• Positive Sentiment: The company declared a quarterly dividend of $0.92 per share, or $3.68 annualized, supporting Qualcomm’s income appeal. The dividend is payable December 17 to shareholders of record December 3. Qualcomm Announces Quarterly Cash Dividend
• Neutral Sentiment: Qualcomm will release fourth-quarter and fiscal 2026 results after the market closes on November 4. The announcement gives investors a near-term catalyst, with guidance and management commentary likely to determine the next major move. Qualcomm Schedules Fiscal 2026 Earnings Release
• Neutral Sentiment: Qualcomm’s automotive growth is being offset by pressure on handset earnings, leaving investors focused on whether newer businesses can reduce dependence on smartphones.
• Negative Sentiment: Recent comparisons show Intel generating higher revenue across the reported quarterly periods, while Qualcomm’s sales have fluctuated and declined sequentially. Intel vs. Qualcomm: A Widening Gap in Revenue
• Negative Sentiment: An executive sold 2,500 shares worth approximately $437,650 under a pre-arranged Rule 10b5-1 plan. While routine insider selling is not necessarily bearish, it adds modest sentiment pressure.

Insider Transactions at Qualcomm

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $147.04, for a total transaction of $470,528.00. Following the transaction, the executive vice president owned 36,535 shares of the company’s stock, valued at $5,372,106.40. This represents a 8.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 208 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $170.00, for a total value of $35,360.00. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 33,458 shares of company stock worth $6,198,144 in the last three months. 0.05% of the stock is currently owned by company insiders.

About Qualcomm

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.