Sava Infond d.o.o. Increases Stock Holdings in QUALCOMM Incorporated $QCOM

Key Points

• Sava Infond d.o.o. increased its holdings in QUALCOMM by 50.5%, now owning 14,900 shares valued at approximately $2.37 million.
• QUALCOMM reported a 12-month revenue increase of 10.4%, with earnings per share of $2.77, exceeding analysts' expectations of $2.71.
• The company announced a quarterly dividend of $0.89, reflecting a yield of 2.1% and a payout ratio of 34.33%.

Sava Infond d.o.o. boosted its position in QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 50.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,900 shares of the wireless technology company's stock after purchasing an additional 5,000 shares during the period. Sava Infond d.o.o.'s holdings in QUALCOMM were worth $2,373,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. WFA Asset Management Corp purchased a new position in QUALCOMM in the first quarter worth about $27,000. Vermillion & White Wealth Management Group LLC boosted its position in 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 worth $26,000 after purchasing an additional 93 shares during the last quarter. Atlantic Edge Private Wealth Management LLC raised its stake 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 worth $26,000 after buying an additional 70 shares during the period. Atticus Wealth Management LLC raised its stake 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 worth $34,000 after buying an additional 212 shares during the period. Finally, Abound Financial LLC bought a new position in shares of QUALCOMM in the first quarter worth about $39,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

QUALCOMM Stock Up 0.2%

Shares of QCOM opened at $169.18 on Friday. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $182.10. The business's 50 day moving average is $159.51 and its 200 day moving average is $153.29. The company has a market capitalization of $182.55 billion, a PE 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 released its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.71 by $0.06. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The business had revenue of $10.37 billion for the quarter, compared to the consensus estimate of $10.33 billion. During the same quarter in the previous year, the company posted $2.33 EPS. The company'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. Research analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th were paid a $0.89 dividend. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.1%. QUALCOMM's payout ratio is presently 34.33%.

Insiders Place Their Bets

In other QUALCOMM news, CAO Patricia Y. Grech sold 201 shares of QUALCOMM stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $170.00, for a total value of $34,170.00. Following the sale, the chief accounting officer owned 203 shares of the company's stock, valued at $34,510. The trade was a 49.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Cristiano R. Amon sold 150,000 shares of QUALCOMM stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 149,304 shares in the company, valued at approximately $24,718,770.24. The trade was a 50.12% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 159,767 shares of company stock worth $26,322,745. Insiders own 0.08% of the company's stock.

Analyst Ratings Changes

QCOM has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price objective on QUALCOMM from $190.00 to $200.00 and gave the stock an "overweight" rating in a research note on Monday, July 28th. Citigroup reaffirmed a "hold" rating on shares of QUALCOMM in a research note on Thursday, July 17th. Arete raised QUALCOMM from a "neutral" rating to a "buy" rating and set a $200.00 price objective on the stock in a research note on Tuesday, August 26th. Mizuho decreased their price objective on QUALCOMM from $190.00 to $185.00 and set an "outperform" rating on the stock in a research note on Thursday, July 31st. Finally, Bank of America decreased their price objective on QUALCOMM from $245.00 to $200.00 and set a "buy" rating on the stock in a research note on Tuesday, June 17th. One research 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 stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $182.82.

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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