Loudon Investment Management LLC Sells 7,483 Shares of QUALCOMM Incorporated $QCOM

Key Points

• Loudon Investment Management LLC reduced its stake in QUALCOMM by 18.5%, selling 7,483 shares and bringing its total holdings to 32,916 shares valued at approximately $5.24 million.
• Qualcomm recently declared a quarterly dividend of $0.89 per share, with a dividend yield of 2.1% and payout ratio of 34.33%.
• QUALCOMM achieved earnings per share (EPS) of $2.77 in its latest quarterly report, exceeding predictions and marking a 10.4% year-over-year revenue increase.

Loudon Investment Management LLC cut its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 18.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,916 shares of the wireless technology company's stock after selling 7,483 shares during the period. QUALCOMM makes up approximately 2.9% of Loudon Investment Management LLC's holdings, making the stock its 8th biggest position. Loudon Investment Management LLC's holdings in QUALCOMM were worth $5,242,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in QCOM. Brighton Jones LLC lifted its holdings in shares of QUALCOMM by 116.6% during the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company's stock valued at $2,666,000 after purchasing an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in QUALCOMM by 15.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company's stock worth $391,000 after buying an additional 340 shares during the period. Fiduciary Alliance LLC lifted its stake in QUALCOMM by 2.0% during the first quarter. Fiduciary Alliance LLC now owns 5,428 shares of the wireless technology company's stock valued at $834,000 after buying an additional 106 shares in the last quarter. NBC Securities Inc. boosted its holdings in shares of QUALCOMM by 99,833.3% in the first quarter. NBC Securities Inc. now owns 8,994 shares of the wireless technology company's stock worth $1,381,000 after buying an additional 8,985 shares during the period. Finally, LVW Advisors LLC increased its position in shares of QUALCOMM by 11.9% in the first quarter. LVW Advisors LLC now owns 2,049 shares of the wireless technology company's stock worth $315,000 after acquiring an additional 218 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors.

Insider Buying and Selling at QUALCOMM

In related news, CAO Neil Martin sold 791 shares of QUALCOMM stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total value of $122,462.62. Following the completion of the sale, the chief accounting officer owned 1,106 shares of the company's stock, valued at approximately $171,230.92. The trade was a 41.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Heather S. Ace sold 1,600 shares of the stock in a transaction on Friday, August 1st. The stock was sold at an average price of $146.40, for a total transaction of $234,240.00. Following the transaction, the insider directly owned 21,193 shares in the company, valued at $3,102,655.20. The trade was a 7.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,767 shares of company stock worth $1,488,745 over the last quarter. Company insiders own 0.08% of the company's stock.

QUALCOMM Price Performance

QCOM opened at $166.36 on Wednesday. The stock has a fifty day moving average price of $158.96 and a 200 day moving average price of $153.03. 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 Incorporated has a 1 year low of $120.80 and a 1 year high of $182.10. The stock has a market cap of $179.50 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 2.39 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.06. The business had revenue of $10.37 billion during the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm's revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.33 EPS. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th were paid a dividend of $0.89 per share. The ex-dividend date was Thursday, September 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.1%. QUALCOMM's dividend payout ratio is 34.33%.

Analyst Ratings Changes

QCOM has been the subject of a number of recent analyst reports. Citigroup reaffirmed a "hold" rating on shares of QUALCOMM in a research note on Thursday, July 17th. JPMorgan Chase & Co. raised their target price on QUALCOMM from $190.00 to $200.00 and gave the stock an "overweight" rating in a research report on Monday, July 28th. Arete Research set a $200.00 price target on QUALCOMM in a research report on Tuesday, August 26th. UBS Group raised their price objective on QUALCOMM from $145.00 to $165.00 and gave the stock a "neutral" rating in a research report on Monday, July 21st. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $225.00 target price on shares of QUALCOMM in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $182.82.

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.

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