Ninety One UK Ltd Takes Position in QUALCOMM Incorporated $QCOM

Key Points

• Ninety One UK Ltd has acquired a new stake in QUALCOMM Incorporated, purchasing 87,168 shares valued at approximately $13.88 million during Q2.
• Insider activity was noted as Heather S. Ace sold 1,600 shares at an average price of $146.40, reducing their ownership by 7.02%.
• QUALCOMM reported a quarterly EPS of $2.77, exceeding analyst expectations, and has set a Q4 2025 EPS guidance of 2.750-2.950.

Ninety One UK Ltd bought a new stake in QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 87,168 shares of the wireless technology company's stock, valued at approximately $13,882,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Capital Advantage Inc. boosted its stake in shares of QUALCOMM by 2.8% in the 2nd quarter. Capital Advantage Inc. now owns 2,353 shares of the wireless technology company's stock valued at $375,000 after purchasing an additional 64 shares in the last quarter. Rise Advisors LLC boosted its stake in shares of QUALCOMM by 6.7% in the 1st quarter. Rise Advisors LLC now owns 1,048 shares of the wireless technology company's stock valued at $161,000 after purchasing an additional 66 shares in the last quarter. Bell Investment Advisors Inc boosted its stake in shares of QUALCOMM by 4.6% in the 1st quarter. Bell Investment Advisors Inc now owns 1,504 shares of the wireless technology company's stock valued at $231,000 after purchasing an additional 66 shares in the last quarter. Collaborative Wealth Managment Inc. boosted its position in QUALCOMM by 5.1% during the 1st quarter. Collaborative Wealth Managment Inc. now owns 1,412 shares of the wireless technology company's stock worth $217,000 after buying an additional 69 shares during the period. Finally, Thoroughbred Financial Services LLC boosted its position in QUALCOMM by 0.3% during the 1st quarter. Thoroughbred Financial Services LLC now owns 25,254 shares of the wireless technology company's stock worth $3,879,000 after buying an additional 69 shares during the period. Institutional investors and hedge funds own 74.35% of the company's stock.

Insider Activity

In related news, insider Heather S. Ace sold 1,600 shares of the company's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $146.40, for a total value of $234,240.00. Following the transaction, the insider directly owned 21,193 shares in the company, valued at approximately $3,102,655.20. This represents a 7.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Patricia Y. Grech sold 201 shares of the company's stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $170.00, for a total transaction of $34,170.00. Following the completion of the transaction, the chief accounting officer owned 203 shares in the company, valued at approximately $34,510. This trade represents a 49.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,767 shares of company stock valued at $1,488,745. Corporate insiders own 0.08% of the company's stock.

QUALCOMM Price Performance

NASDAQ QCOM opened at $166.49 on Thursday. The company has a market cap of $179.64 billion, a PE ratio of 16.05, a price-to-earnings-growth ratio of 2.41 and a beta of 1.23. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $182.10. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. The firm's 50-day simple moving average is $159.09 and its two-hundred day simple moving average is $153.12.

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

QUALCOMM Dividend Announcement

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

Analysts Set New Price Targets

QCOM has been the topic of several recent research reports. Rosenblatt Securities reiterated a "buy" rating and set a $225.00 target price on shares of QUALCOMM in a research report on Thursday, July 31st. UBS Group lifted their price objective on shares of QUALCOMM from $145.00 to $165.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. Bank of America lowered their price objective on shares of QUALCOMM from $245.00 to $200.00 and set a "buy" rating for the company in a research note on Tuesday, June 17th. Piper Sandler decreased their price target on shares of QUALCOMM from $190.00 to $175.00 and set an "overweight" rating for the company in a research note on Thursday, July 31st. Finally, Mizuho cut their price objective on shares of QUALCOMM from $190.00 to $185.00 and set an "outperform" rating on the stock in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, QUALCOMM has a consensus rating of "Moderate Buy" and an average 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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