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One Wealth Advisors LLC Has $401,000 Stake in QUALCOMM Incorporated $QCOM

QUALCOMM logo with Computer and Technology background

Key Points

  • One Wealth Advisors LLC has reduced its stake in QUALCOMM by 45.8%, now holding 2,517 shares valued at approximately $401,000 as of its latest SEC filing.
  • QUALCOMM reported a quarterly EPS of $2.77, surpassing estimates by $0.06, and showed a year-over-year revenue increase of 10.4%.
  • The company announced a quarterly dividend of $0.89, yielding 2.1%, with a payout ratio of 34.33%.
  • MarketBeat previews the top five stocks to own by November 1st.

One Wealth Advisors LLC lowered its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 45.8% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 2,517 shares of the wireless technology company's stock after selling 2,123 shares during the period. One Wealth Advisors LLC's holdings in QUALCOMM were worth $401,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in QCOM. Atlantic Edge Private Wealth Management LLC boosted its stake in QUALCOMM by 70.0% during the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company's stock valued at $26,000 after purchasing an additional 70 shares during the last quarter. Vermillion & White Wealth Management Group LLC boosted its stake in QUALCOMM by 122.4% during the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company's stock valued at $26,000 after purchasing an additional 93 shares during the last quarter. WFA Asset Management Corp acquired a new position in QUALCOMM during the 1st quarter valued at about $27,000. Atticus Wealth Management LLC boosted its stake in QUALCOMM by 21,200.0% during the 2nd quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company's stock valued at $34,000 after purchasing an additional 212 shares during the last quarter. Finally, Abound Financial LLC acquired a new position in QUALCOMM during the 1st quarter valued at about $39,000. Institutional investors and hedge funds own 74.35% of the company's stock.

QUALCOMM Price Performance

QUALCOMM stock opened at $166.36 on Wednesday. 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. The business's 50 day simple moving average is $158.96 and its 200 day simple moving average is $153.03. The company 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 posted 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. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The business had revenue of $10.37 billion for the quarter, compared to the consensus estimate of $10.33 billion. During the same quarter in the prior year, the business earned $2.33 earnings per share. QUALCOMM's revenue for the quarter was up 10.4% on a year-over-year basis. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Sell-side analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

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

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, CFO Akash J. Palkhiwala sold 3,333 shares of the business's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $156.86, for a total transaction of $522,814.38. Following the sale, the chief financial officer owned 39,874 shares of the company's stock, valued at $6,254,635.64. The trade was a 7.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Neil Martin sold 791 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total transaction of $122,462.62. Following the sale, the chief accounting officer directly owned 1,106 shares in the company, valued at $171,230.92. The trade was a 41.70% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,767 shares of company stock worth $1,488,745. 0.08% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on QCOM shares. Rosenblatt Securities reiterated a "buy" rating and set a $225.00 price target on shares of QUALCOMM in a research note on Thursday, July 31st. Piper Sandler cut their target price on QUALCOMM from $190.00 to $175.00 and set an "overweight" rating on the stock in a research note on Thursday, July 31st. Citigroup restated a "hold" rating on shares of QUALCOMM in a research note on Thursday, July 17th. Mizuho cut their target price on QUALCOMM from $190.00 to $185.00 and set an "outperform" rating on the stock in a research note on Thursday, July 31st. Finally, Wall Street Zen downgraded QUALCOMM from a "buy" rating to a "hold" rating in a research note on Sunday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, QUALCOMM currently has an average rating of "Moderate Buy" and an average target price of $182.82.

Check Out Our Latest Stock Report on QUALCOMM

About QUALCOMM

(Free Report)

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.

See Also

Want to see what other hedge funds are holding QCOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for QUALCOMM Incorporated (NASDAQ:QCOM - Free Report).

Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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