Czech National Bank Raises Holdings in QUALCOMM Incorporated $QCOM

Key Points

• The Czech National Bank has increased its stake in QUALCOMM Incorporated by 5.6%, now holding 268,192 shares valued at approximately $42.7 million.
• QUALCOMM's stock recently opened at $161.22, with a market cap of $173.96 billion and a price-to-earnings ratio of 15.55.
• The company announced a quarterly dividend of $0.89 per share, which equates to an annualized yield of 2.2%.

Czech National Bank boosted its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 5.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 268,192 shares of the wireless technology company's stock after purchasing an additional 14,161 shares during the quarter. Czech National Bank's holdings in QUALCOMM were worth $42,712,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of QCOM. Nuveen LLC purchased a new stake in QUALCOMM during the 1st quarter worth about $529,713,000. GAMMA Investing LLC increased its holdings in shares of QUALCOMM by 20,700.4% in the 1st quarter. GAMMA Investing LLC now owns 3,262,754 shares of the wireless technology company's stock valued at $501,192,000 after acquiring an additional 3,247,068 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of QUALCOMM by 17.0% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 9,780,687 shares of the wireless technology company's stock valued at $1,502,509,000 after acquiring an additional 1,424,106 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of QUALCOMM by 24.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,254,759 shares of the wireless technology company's stock valued at $1,114,403,000 after acquiring an additional 1,407,797 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of QUALCOMM in the 4th quarter valued at about $204,085,000. Hedge funds and other institutional investors own 74.35% of the company's stock.

QUALCOMM Stock Performance

Shares of QCOM stock opened at $161.22 on Tuesday. The company has a market cap of $173.96 billion, a price-to-earnings ratio of 15.55, a price-to-earnings-growth ratio of 2.35 and a beta of 1.21. The stock has a 50 day simple moving average of $156.46 and a 200-day simple moving average of $152.04. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $182.10. 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 - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $10.37 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the business posted $2.33 EPS. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, equities analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 4th will be issued a $0.89 dividend. The ex-dividend date is Thursday, September 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.2%. QUALCOMM's dividend payout ratio (DPR) is presently 34.33%.

Insider Transactions at QUALCOMM

In other news, CAO Patricia Y. Grech sold 273 shares of QUALCOMM stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $161.42, for a total transaction of $44,067.66. Following the sale, the chief accounting officer directly owned 404 shares of the company's stock, valued at approximately $65,213.68. The trade was a 40.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Akash J. Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $156.86, for a total value of $522,814.38. Following the sale, the chief financial officer directly owned 39,874 shares in the company, valued at approximately $6,254,635.64. The trade was a 7.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,899 shares of company stock worth $1,992,121 over the last ninety days. 0.08% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on QCOM shares. Arete Research set a $200.00 price objective on QUALCOMM in a report on Tuesday, August 26th. UBS Group upped their target price on QUALCOMM from $145.00 to $165.00 and gave the company a "neutral" rating in a research report on Monday, July 21st. Citigroup reissued a "hold" rating on shares of QUALCOMM in a research report on Thursday, July 17th. Sanford C. Bernstein set a $185.00 target price on QUALCOMM and gave the company an "outperform" rating in a research report on Monday, July 28th. Finally, Arete raised QUALCOMM from a "neutral" rating to a "buy" rating and set a $200.00 target price for the company in a research report on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $182.82.

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.

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