U.S. Capital Wealth Advisors LLC Increases Holdings in QUALCOMM Incorporated $QCOM

Key Points

• U.S. Capital Wealth Advisors LLC has increased its holdings in QUALCOMM Incorporated by 19.9%, owning a total of 82,424 shares worth approximately $13.1 million after acquiring an additional shares in the second quarter.
• QUALCOMM recently reported $2.77 earnings per share for the last quarter, surpassing estimates and marking a 10.4% increase in revenue year-over-year.
• The company declared a quarterly dividend of $0.89 per share, which represents an annualized yield of 2.1%, with the payment scheduled for September 25th.

U.S. Capital Wealth Advisors LLC increased its position in QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 19.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,424 shares of the wireless technology company's stock after acquiring an additional 13,695 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in QUALCOMM were worth $13,127,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atlantic Edge Private Wealth Management LLC raised its stake in shares of QUALCOMM by 70.0% during the 1st 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 last quarter. Vermillion & White Wealth Management Group LLC increased its holdings in QUALCOMM by 122.4% during the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company's stock valued at $26,000 after acquiring an additional 93 shares in the last quarter. WFA Asset Management Corp acquired a new position in QUALCOMM during the first quarter worth about $27,000. Mascagni Wealth Management Inc. purchased a new stake in shares of QUALCOMM in the fourth quarter valued at about $30,000. Finally, Wood Tarver Financial Group LLC acquired a new stake in shares of QUALCOMM in the fourth quarter valued at approximately $31,000. 74.35% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $146.40, for a total transaction of $234,240.00. Following the sale, the insider directly owned 21,193 shares in the company, valued at $3,102,655.20. The trade was a 7.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Neil Martin sold 791 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $154.82, for a total transaction of $122,462.62. Following the completion of the transaction, the chief accounting officer owned 1,106 shares of the company's stock, valued at $171,230.92. This represents a 41.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,899 shares of company stock worth $1,992,121 over the last 90 days. Insiders own 0.08% of the company's stock.

QUALCOMM Stock Down 0.8%

Shares of NASDAQ:QCOM opened at $166.85 on Monday. The firm has a market cap of $180.03 billion, a PE ratio of 16.09, a price-to-earnings-growth ratio of 2.41 and a beta of 1.21. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $182.10. The company has a fifty day simple moving average of $157.04 and a 200 day simple moving average of $152.33. 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 (NASDAQ:QCOM - Get Free Report) last issued its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, topping 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 firm 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 firm's revenue for the quarter was up 10.4% on a year-over-year basis. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently disclosed 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 2.1%. The ex-dividend date of this dividend is Thursday, September 4th. QUALCOMM's dividend payout ratio is 34.33%.

Analysts Set New Price Targets

QCOM has been the subject of a number of recent research reports. Citigroup reissued a "hold" rating on shares of QUALCOMM in a research note on Thursday, July 17th. Bank of America dropped their price target on QUALCOMM from $245.00 to $200.00 and set a "buy" rating for the company in a research report on Tuesday, June 17th. Arete Research set a $200.00 price objective on QUALCOMM in a research report on Tuesday, August 26th. Sanford C. Bernstein set a $185.00 price objective on QUALCOMM and gave the company an "outperform" rating in a research note on Monday, July 28th. Finally, Mizuho cut their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have given 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 an average target price of $182.82.

QUALCOMM 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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