QUALCOMM Incorporated $QCOM Stock Holdings Boosted by CORDA Investment Management LLC.

Key Points

• CORDA Investment Management LLC increased its holdings in QUALCOMM by 18.6% during the second quarter, acquiring additional shares valued at approximately $3.58 million.
• QUALCOMM reported a strong quarterly earnings result, with an earnings per share of $2.77, surpassing expectations and showing a year-over-year revenue growth of 10.4%.
• The company announced a quarterly dividend of $0.89 per share, scheduled for payment on December 18th, reflecting a yield of 2.2% and a payout ratio of 34.33%.

CORDA Investment Management LLC. lifted its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 18.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 22,474 shares of the wireless technology company's stock after acquiring an additional 3,524 shares during the period. CORDA Investment Management LLC.'s holdings in QUALCOMM were worth $3,579,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Capital Advantage Inc. grew its position in shares of QUALCOMM by 2.8% during the second quarter. Capital Advantage Inc. now owns 2,353 shares of the wireless technology company's stock worth $375,000 after acquiring an additional 64 shares during the last quarter. Rise Advisors LLC grew its position in shares of QUALCOMM by 6.7% during the first quarter. Rise Advisors LLC now owns 1,048 shares of the wireless technology company's stock worth $161,000 after acquiring an additional 66 shares during the last quarter. Bell Investment Advisors Inc lifted its holdings in QUALCOMM by 4.6% in the first quarter. Bell Investment Advisors Inc now owns 1,504 shares of the wireless technology company's stock worth $231,000 after purchasing an additional 66 shares during the period. Collaborative Wealth Managment Inc. lifted its holdings in QUALCOMM by 5.1% in the first quarter. Collaborative Wealth Managment Inc. now owns 1,412 shares of the wireless technology company's stock worth $217,000 after purchasing an additional 69 shares during the period. Finally, Thoroughbred Financial Services LLC lifted its holdings in QUALCOMM by 0.3% in the first quarter. Thoroughbred Financial Services LLC now owns 25,254 shares of the wireless technology company's stock worth $3,879,000 after purchasing an additional 69 shares during the period. Institutional investors own 74.35% of the company's stock.

QUALCOMM Price Performance

Shares of NASDAQ QCOM opened at $163.45 on Monday. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve 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 company has a market capitalization of $176.36 billion, a price-to-earnings ratio of 15.76, a PEG ratio of 2.38 and a beta of 1.23. The firm has a 50-day moving average of $162.00 and a two-hundred day moving average of $153.84.

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

QUALCOMM Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be issued a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.2%. The ex-dividend date is Thursday, December 4th. QUALCOMM's payout ratio is presently 34.33%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on QCOM. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of QUALCOMM in a report on Wednesday, October 8th. Mizuho reduced their price objective on shares of QUALCOMM from $190.00 to $185.00 and set an "outperform" rating for the company in a report on Thursday, July 31st. Citigroup reaffirmed a "hold" rating on shares of QUALCOMM in a report on Thursday, July 17th. Arete Research set a $200.00 price objective on shares of QUALCOMM in a report on Tuesday, August 26th. Finally, JPMorgan Chase & Co. upped their price objective on shares of QUALCOMM from $190.00 to $200.00 and gave the stock an "overweight" rating in a report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $182.82.

Insider Activity

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of the business's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $146.40, for a total transaction of $234,240.00. Following the sale, the insider owned 21,193 shares in the company, valued at approximately $3,102,655.20. The trade was a 7.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Neil Martin sold 791 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $154.82, for a total value of $122,462.62. Following the sale, the chief accounting officer owned 1,106 shares in the company, valued at approximately $171,230.92. The trade was a 41.70% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 159,767 shares of company stock worth $26,322,745. 0.08% of the stock is owned by company insiders.

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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