Pinkerton Wealth LLC Acquires 7,446 Shares of Qualcomm Incorporated $QCOM

Key Points

• Pinkerton Wealth LLC raised its Qualcomm stake by 17.4%, buying 7,446 shares to hold 50,195 shares worth $8.35 million (about 0.9% of its portfolio and its 20th largest holding).
• Insiders have been net sellers, disposing of 45,501 shares in the past 90 days valued at $7.78 million — including EVP Ann C. Chaplin (7,180 shares at $178.03) and EVP Akash J. Palkhiwala (3,333 shares at $137.65) — with insiders now owning roughly 0.05% of the stock.
• Analysts are mixed (MarketBeat average rating: "Hold", average price target $168.48), while Qualcomm recently beat quarterly EPS ($3.50 vs. $3.38) and revenue estimates, issued Q2 EPS guidance of $2.45–$2.65, and declared a $0.89 quarterly dividend (2.6% yield).

Pinkerton Wealth LLC increased its stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 17.4% during the third quarter, according to its most recent filing with the SEC. The fund owned 50,195 shares of the wireless technology company's stock after buying an additional 7,446 shares during the quarter. Qualcomm accounts for approximately 0.9% of Pinkerton Wealth LLC's portfolio, making the stock its 20th largest holding. Pinkerton Wealth LLC's holdings in Qualcomm were worth $8,350,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in QCOM. Harbor Capital Advisors Inc. raised its position in Qualcomm by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company's stock worth $26,000 after acquiring an additional 65 shares during the period. Cloud Capital Management LLC bought a new position in shares of Qualcomm during the 3rd quarter valued at approximately $27,000. Winnow Wealth LLC bought a new position in shares of Qualcomm during the 2nd quarter valued at approximately $32,000. Lavaca Capital LLC purchased a new stake in shares of Qualcomm during the 2nd quarter worth approximately $32,000. Finally, Guerra Advisors Inc bought a new stake in shares of Qualcomm in the 3rd quarter worth approximately $39,000. Hedge funds and other institutional investors own 74.35% of the company's stock.

Wall Street Analyst Weigh In

QCOM has been the topic of several research analyst reports. Susquehanna downgraded Qualcomm from a "positive" rating to a "neutral" rating and set a $140.00 price objective on the stock. in a research note on Thursday, February 5th. Sanford C. Bernstein reissued an "outperform" rating and issued a $200.00 target price on shares of Qualcomm in a research report on Monday, February 2nd. Rosenblatt Securities lowered their target price on Qualcomm from $225.00 to $190.00 and set a "buy" rating on the stock in a research note on Thursday, February 5th. TD Cowen dropped their price target on Qualcomm from $190.00 to $150.00 and set a "buy" rating on the stock in a research report on Thursday, February 5th. Finally, DZ Bank upgraded Qualcomm to a "strong-buy" rating in a research note on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $168.48.

Insider Buying and Selling

In other Qualcomm news, EVP Ann C. Chaplin sold 7,180 shares of Qualcomm stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the completion of the transaction, the executive vice president owned 23,944 shares of the company's stock, valued at $4,262,750.32. The trade was a 23.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the company's stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $137.65, for a total value of $458,787.45. Following the sale, the executive vice president owned 35,599 shares in the company, valued at approximately $4,900,202.35. This represents a 8.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 45,501 shares of company stock valued at $7,784,198. 0.05% of the stock is owned by company insiders.

Qualcomm Stock Up 1.8%

QCOM opened at $138.11 on Tuesday. The company has a 50 day moving average of $152.71 and a 200 day moving average of $163.11. The company has a market cap of $147.36 billion, a PE ratio of 28.54, a price-to-earnings-growth ratio of 6.78 and a beta of 1.25. Qualcomm Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64.

Qualcomm (NASDAQ:QCOM - Get Free Report) last issued its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.38 by $0.12. The business had revenue of $12.25 billion for the quarter, compared to analysts' expectations of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, sell-side analysts expect that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be given a $0.89 dividend. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a dividend yield of 2.6%. Qualcomm's payout ratio is 73.55%.

Qualcomm Company Profile

Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.

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