QUALCOMM Incorporated $QCOM Shares Purchased by Integrity Alliance LLC.

Key Points

• Integrity Alliance LLC increased its stake in QUALCOMM by 287.8% in the first quarter, now owning 10,177 shares valued at approximately $1.56 million.
• QUALCOMM's stock has seen various price target adjustments from analysts, including a target of $225.00 from Rosenblatt Securities and $165.00 from UBS Group, indicating expectations for continued growth.
• The company declared a quarterly dividend of $0.89, translating to an annualized payout of $3.56 and a yield of 2.2% for shareholders.

Integrity Alliance LLC. boosted its stake in QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 287.8% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 10,177 shares of the wireless technology company's stock after purchasing an additional 7,553 shares during the period. Integrity Alliance LLC.'s holdings in QUALCOMM were worth $1,563,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new stake in shares of QUALCOMM in the first quarter valued at $529,713,000. GAMMA Investing LLC boosted its holdings in QUALCOMM by 20,700.4% during 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 period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in 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 in the last quarter. Goldman Sachs Group Inc. increased its stake in QUALCOMM by 24.1% during the first quarter. Goldman Sachs Group Inc. now owns 7,254,759 shares of the wireless technology company's stock worth $1,114,403,000 after purchasing an additional 1,407,797 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of QUALCOMM during the fourth quarter worth about $204,085,000. Hedge funds and other institutional investors own 74.35% of the company's stock.

Wall Street Analysts Forecast Growth

QCOM has been the subject of a number of research reports. Citigroup restated a "hold" rating on shares of QUALCOMM in a report on Thursday, July 17th. Arete Research set a $200.00 price target on shares of QUALCOMM in a research note on Tuesday, August 26th. UBS Group upped 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. Rosenblatt Securities reiterated a "buy" rating and issued a $225.00 price objective on shares of QUALCOMM in a research note on Thursday, July 31st. Finally, Sanford C. Bernstein set a $185.00 target price on QUALCOMM and gave the stock an "outperform" rating in a research note on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $182.82.

Insider Activity at QUALCOMM

In other QUALCOMM news, CAO Patricia Y. Grech sold 236 shares of the firm's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $158.36, for a total transaction of $37,372.96. Following the sale, the chief accounting officer owned 677 shares of the company's stock, valued at approximately $107,209.72. This trade represents a 25.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The stock was 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. This represents a 7.71% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,626 shares of company stock valued at $1,948,054. Company insiders own 0.08% of the company's stock.

QUALCOMM Price Performance

QUALCOMM stock opened at $158.95 on Thursday. 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 company has a fifty day simple moving average of $156.41 and a 200-day simple moving average of $152.09. The stock has a market cap of $171.51 billion, a P/E ratio of 15.33, a price-to-earnings-growth ratio of 2.31 and a beta of 1.21. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $182.10.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last posted its earnings results 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 firm had revenue of $10.37 billion for 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%.QUALCOMM's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Equities analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Dividend Announcement

The firm also recently declared 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. This represents a $3.56 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, September 4th. QUALCOMM's dividend payout ratio is 34.33%.

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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