GW Henssler & Associates Ltd. Acquires 5,222 Shares of QUALCOMM Incorporated $QCOM

Key Points

• GW Henssler & Associates Ltd. increased its stake in QUALCOMM by 3.4%, now holding 157,060 shares valued at approximately $24.13 million, making it the firm’s 25th largest investment.
• QUALCOMM reported a Q3 EPS of $2.77, surpassing analysts' estimates of $2.71, with quarterly revenue of $10.37 billion, marking a year-over-year increase of 10.4%.
• The company declared a quarterly dividend of $0.89 per share, with a yield of 2.2%, set to be paid on September 25th.

GW Henssler & Associates Ltd. increased its position in QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 3.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 157,060 shares of the wireless technology company's stock after acquiring an additional 5,222 shares during the period. QUALCOMM makes up 1.3% of GW Henssler & Associates Ltd.'s portfolio, making the stock its 25th biggest position. GW Henssler & Associates Ltd.'s holdings in QUALCOMM were worth $24,126,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in QCOM. Clark Capital Management Group Inc. lifted its position in QUALCOMM by 3.6% in the fourth quarter. Clark Capital Management Group Inc. now owns 1,717 shares of the wireless technology company's stock worth $264,000 after purchasing an additional 59 shares during the period. Westwood Holdings Group Inc. lifted its holdings in shares of QUALCOMM by 2.1% during the 4th quarter. Westwood Holdings Group Inc. now owns 3,313 shares of the wireless technology company's stock worth $509,000 after acquiring an additional 69 shares during the period. Collaborative Wealth Managment Inc. lifted its holdings in shares of 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 acquiring an additional 69 shares during the period. Thoroughbred Financial Services LLC lifted its holdings in shares of 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 acquiring an additional 69 shares during the period. Finally, Quadcap Wealth Management LLC lifted its holdings in shares of QUALCOMM by 0.6% during the 1st quarter. Quadcap Wealth Management LLC now owns 12,209 shares of the wireless technology company's stock worth $1,875,000 after acquiring an additional 69 shares during the period. Institutional investors and hedge funds own 74.35% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on QCOM. Bank of America cut their price target 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. Mizuho cut their price target on shares of QUALCOMM from $190.00 to $185.00 and set an "outperform" rating for the company in a research note on Thursday, July 31st. Citigroup restated a "hold" rating on shares of QUALCOMM in a research report on Thursday, July 17th. UBS Group raised their target price on QUALCOMM from $145.00 to $165.00 and gave the stock a "neutral" rating in a research report on Monday, July 21st. Finally, Arete Research set a $200.00 target price on QUALCOMM in a research report on Tuesday, August 26th. One investment 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. According to data from MarketBeat.com, QUALCOMM currently has an average rating of "Moderate Buy" and a consensus target price of $182.82.

Insider Transactions at QUALCOMM

In other news, CAO Patricia Y. Grech sold 236 shares of the business's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $158.36, for a total transaction of $37,372.96. Following the completion of the sale, the chief accounting officer owned 677 shares in the company, valued at $107,209.72. The trade was a 25.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the business's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $156.86, for a total value of $522,814.38. Following the sale, the chief financial officer directly owned 39,874 shares of the company's stock, valued at $6,254,635.64. This represents a 7.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,626 shares of company stock worth $1,948,054. Insiders own 0.08% of the company's stock.

QUALCOMM Price Performance

Shares of NASDAQ QCOM traded down $1.95 during trading on Tuesday, reaching $158.78. The company had a trading volume of 7,516,210 shares, compared to its average volume of 6,603,527. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $182.10. The stock has a market cap of $171.32 billion, a PE ratio of 15.31, a PEG ratio of 2.34 and a beta of 1.21. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. The business's 50 day moving average price is $156.39 and its 200-day moving average price is $152.49.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last announced its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, topping 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 previous year, the firm posted $2.33 earnings per share. The company'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. Analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 4th will be given a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.2%. The ex-dividend date is Thursday, September 4th. QUALCOMM's 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.