V Square Quantitative Management LLC Has $1.91 Million Position in QUALCOMM Incorporated $QCOM

Key Points

• V Square Quantitative Management LLC increased its position in QUALCOMM by 32.2%, now holding 11,968 shares valued at approximately $1.91 million.
• Several analysts have recently updated their price targets for QUALCOMM, with UBS raising it to $165.00 and Rosenblatt Securities maintaining a buy rating with a target of $225.00.
• QUALCOMM reported quarterly earnings of $2.77 per share, beating estimates, and announced a quarterly dividend of $0.89 per share with a 2.1% yield.

V Square Quantitative Management LLC lifted its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 32.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,968 shares of the wireless technology company's stock after buying an additional 2,915 shares during the period. V Square Quantitative Management LLC's holdings in QUALCOMM were worth $1,906,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Atlantic Edge Private Wealth Management LLC boosted its position in shares of QUALCOMM by 70.0% during 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. Vermillion & White Wealth Management Group LLC boosted its position in QUALCOMM by 122.4% during 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 during the last quarter. WFA Asset Management Corp acquired a new position in QUALCOMM during the first quarter valued at approximately $27,000. Atticus Wealth Management LLC boosted its position in QUALCOMM by 21,200.0% during 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 during the last quarter. Finally, Abound Financial LLC acquired a new position in QUALCOMM during the first quarter valued at approximately $39,000. 74.35% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on QCOM shares. UBS Group increased their price target on QUALCOMM from $145.00 to $165.00 and gave the company a "neutral" rating in a research report on Monday, July 21st. Mizuho reduced their price target on QUALCOMM from $190.00 to $185.00 and set an "outperform" rating for the company in a research report on Thursday, July 31st. JPMorgan Chase & Co. increased their price target on QUALCOMM from $190.00 to $200.00 and gave the company an "overweight" rating in a research report on Monday, July 28th. Wall Street Zen cut QUALCOMM from a "buy" rating to a "hold" rating in a research report on Sunday, August 3rd. Finally, Rosenblatt Securities reissued a "buy" rating and set a $225.00 price target on shares of QUALCOMM in a research report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $182.82.

QUALCOMM Stock Performance

QCOM opened at $169.20 on Monday. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $182.10. The stock has a market cap of $182.57 billion, a price-to-earnings ratio of 16.32, a PEG ratio of 2.45 and a beta of 1.21. The business has a 50 day moving average of $158.67 and a 200-day moving average of $152.88. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54.

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, beating 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 company had revenue of $10.37 billion during the quarter, compared to analysts' expectations of $10.33 billion. During the same period last year, the firm posted $2.33 earnings per share. The business'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. On average, equities research analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

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

Insider Transactions at QUALCOMM

In other news, insider Heather S. Ace sold 1,600 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $146.40, for a total transaction of $234,240.00. Following the transaction, the insider owned 21,193 shares in the company, valued at approximately $3,102,655.20. This trade represents 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 accessible through this link. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $156.86, for a total value of $522,814.38. Following the transaction, the chief financial officer owned 39,874 shares in the company, valued at approximately $6,254,635.64. This trade represents a 7.71% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,100 shares of company stock worth $2,026,291 in the last ninety days. 0.08% of the stock is currently owned by company insiders.

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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