QUALCOMM Incorporated $QCOM Stock Position Raised by Bank Hapoalim BM

Key Points

• Bank Hapoalim BM increased its stake in QUALCOMM by 79.5%, acquiring a total of 28,248 shares valued at approximately $4.5 million.
• QUALCOMM reported earnings of $2.77 per share, exceeding estimates, with a revenue of $10.37 billion for the recent quarter.
• The company recently announced a quarterly dividend of $0.89 per share, yielding approximately 2.1% annually, with a payout ratio of 34.33%.

Bank Hapoalim BM lifted its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 79.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,248 shares of the wireless technology company's stock after acquiring an additional 12,514 shares during the quarter. Bank Hapoalim BM's holdings in QUALCOMM were worth $4,499,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. WFA Asset Management Corp purchased a new stake in shares of QUALCOMM in the first quarter valued at $27,000. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of QUALCOMM by 122.4% in the first 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 in the last quarter. Atlantic Edge Private Wealth Management LLC lifted its holdings in shares of QUALCOMM by 70.0% in the first 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 in the last quarter. Atticus Wealth Management LLC lifted its holdings in shares of QUALCOMM by 21,200.0% in the second 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 in the last quarter. Finally, Abound Financial LLC purchased a new stake in shares of QUALCOMM in the first quarter valued at $39,000. Hedge funds and other institutional investors own 74.35% of the company's stock.

QUALCOMM Price Performance

NASDAQ QCOM opened at $169.18 on Friday. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $182.10. The stock's 50-day moving average is $159.51 and its two-hundred day moving average is $153.29. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. The firm has a market cap of $182.55 billion, a P/E ratio of 16.31, a price-to-earnings-growth ratio of 2.46 and a beta of 1.23.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last posted its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share 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 company had revenue of $10.37 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same period last year, the company earned $2.33 earnings per share. The business's revenue was up 10.4% compared to the same quarter last year. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th were issued a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.1%. The ex-dividend date was Thursday, September 4th. QUALCOMM's dividend payout ratio (DPR) is 34.33%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on QCOM shares. Piper Sandler reduced their target price on QUALCOMM from $190.00 to $175.00 and set an "overweight" rating for the company in a report on Thursday, July 31st. Mizuho reduced their target price on QUALCOMM from $190.00 to $185.00 and set an "outperform" rating for the company in a report on Thursday, July 31st. Bank of America reduced their price objective on QUALCOMM from $245.00 to $200.00 and set a "buy" rating for the company in a research report on Tuesday, June 17th. Weiss Ratings reissued a "hold (c+)" rating on shares of QUALCOMM in a research report on Saturday, September 27th. Finally, Arete raised QUALCOMM from a "neutral" rating to a "buy" rating and set a $200.00 price objective for the company in a research report on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $182.82.

Insider Activity at QUALCOMM

In other news, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $146.40, for a total value of $234,240.00. Following the transaction, the insider directly owned 21,193 shares in the company, valued at approximately $3,102,655.20. The trade was a 7.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Cristiano R. Amon sold 150,000 shares of QUALCOMM stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $165.56, for a total value of $24,834,000.00. Following the completion of the transaction, the chief executive officer owned 149,304 shares in the company, valued at $24,718,770.24. The trade was a 50.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 159,767 shares of company stock valued at $26,322,745. Insiders own 0.08% of the company's stock.

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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