28,500 Shares in QUALCOMM Incorporated $QCOM Purchased by Westerkirk Capital Inc.

Key Points

• Westerkirk Capital bought a new stake of 28,500 shares in QUALCOMM (NASDAQ:QCOM) during Q2, valued at about $4.539 million.
• QUALCOMM beat quarterly estimates with EPS of $3.00 (vs. $2.87) and revenue of $11.27B (vs. $10.74B), set Q1 2026 guidance of $3.30–$3.50 EPS, and holds a MarketBeat consensus rating of Moderate Buy with an average target of $190.38.
• The company has a market cap near $180 billion, pays a quarterly dividend of $0.89 (≈2.1% yield), insiders sold about 164,458 shares (~$27.3M) last quarter, and institutional investors own 74.35% of the stock.

Westerkirk Capital Inc. bought a new stake in QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 28,500 shares of the wireless technology company's stock, valued at approximately $4,539,000.

A number of other large investors also recently modified their holdings of QCOM. Quantbot Technologies LP grew its stake in shares of QUALCOMM by 140.3% in the second quarter. Quantbot Technologies LP now owns 23,883 shares of the wireless technology company's stock worth $3,804,000 after acquiring an additional 13,943 shares during the last quarter. Van Hulzen Asset Management LLC boosted its holdings in QUALCOMM by 1.0% in the 2nd quarter. Van Hulzen Asset Management LLC now owns 62,044 shares of the wireless technology company's stock valued at $9,881,000 after purchasing an additional 640 shares during the period. OMERS ADMINISTRATION Corp grew its position in QUALCOMM by 2.4% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 73,971 shares of the wireless technology company's stock worth $11,781,000 after purchasing an additional 1,700 shares during the last quarter. Claret Asset Management Corp increased its holdings in shares of QUALCOMM by 3.6% during the 2nd quarter. Claret Asset Management Corp now owns 34,873 shares of the wireless technology company's stock worth $5,554,000 after purchasing an additional 1,223 shares during the period. Finally, TradeLink Capital LLC bought a new position in shares of QUALCOMM during the 2nd quarter worth about $366,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

QUALCOMM Stock Down 0.0%

QCOM opened at $168.04 on Tuesday. The firm's 50-day simple moving average is $169.33 and its 200-day simple moving average is $160.61. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The firm has a market cap of $179.97 billion, a price-to-earnings ratio of 16.20, a PEG ratio of 2.59 and a beta of 1.26.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $0.13. The firm had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The firm's quarterly revenue was up 10.0% on a year-over-year basis. During the same period last year, the firm posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be given a dividend of $0.89 per share. The ex-dividend date is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.1%. QUALCOMM's dividend payout ratio is 72.80%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on QCOM. Mizuho lifted their target price on QUALCOMM from $185.00 to $200.00 and gave the stock an "outperform" rating in a research report on Thursday, November 6th. Wells Fargo & Company lifted their price objective on QUALCOMM from $140.00 to $165.00 and gave the stock an "underweight" rating in a report on Thursday, November 6th. UBS Group upped their target price on QUALCOMM from $175.00 to $185.00 and gave the company a "neutral" rating in a research note on Thursday, November 6th. Bank of America lifted their price target on shares of QUALCOMM from $200.00 to $215.00 and gave the stock a "buy" rating in a research note on Thursday, November 6th. Finally, Arete Research set a $200.00 price objective on shares of QUALCOMM in a research note on Tuesday, August 26th. One equities research 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. According to data from MarketBeat.com, QUALCOMM has a consensus rating of "Moderate Buy" and an average price target of $190.38.

Insiders Place Their Bets

In other QUALCOMM news, CFO Akash J. Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction on Friday, November 7th. The stock was sold at an average price of $170.33, for a total value 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. The trade was a 9.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Patricia Y. Grech sold 513 shares of the stock in a transaction on Friday, November 21st. The stock was sold at an average price of $160.95, for a total value of $82,567.35. Following the sale, the chief accounting officer owned 203 shares in the company, valued at $32,672.85. The trade was a 71.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 164,458 shares of company stock valued at $27,258,310. Company 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.

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