QUALCOMM Incorporated (NASDAQ:QCOM - Get Free Report) declared a quarterly dividend on Friday, July 18th, RTT News reports. Shareholders of record on Thursday, September 4th will be given a dividend of 0.89 per share by the wireless technology company on Thursday, September 25th. This represents a $3.56 dividend on an annualized basis and a yield of 2.30%.
QUALCOMM has a payout ratio of 29.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect QUALCOMM to earn $9.86 per share next year, which means the company should continue to be able to cover its $3.56 annual dividend with an expected future payout ratio of 36.1%.
QUALCOMM Stock Up 1.2%
Shares of NASDAQ:QCOM traded up $1.85 on Friday, hitting $154.46. 2,343,126 shares of the company traded hands, compared to its average volume of 8,470,046. QUALCOMM has a 52 week low of $120.80 and a 52 week high of $196.24. The company has a quick ratio of 2.08, a current ratio of 2.73 and a debt-to-equity ratio of 0.48. The stock has a 50 day simple moving average of $153.76 and a 200-day simple moving average of $154.96. The company has a market cap of $169.59 billion, a PE ratio of 15.70, a PEG ratio of 1.99 and a beta of 1.26.
QUALCOMM (NASDAQ:QCOM - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The wireless technology company reported $2.85 EPS for the quarter, topping the consensus estimate of $2.82 by $0.03. The company had revenue of $10.98 billion during the quarter, compared to the consensus estimate of $10.58 billion. QUALCOMM had a return on equity of 40.11% and a net margin of 26.11%. QUALCOMM's revenue for the quarter was up 17.0% on a year-over-year basis. During the same period last year, the company earned $2.44 EPS. As a group, research analysts expect that QUALCOMM will post 9.39 earnings per share for the current year.
Insider Activity at QUALCOMM
In related news, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $137.74, for a total value of $220,384.00. Following the completion of the sale, the insider directly owned 22,793 shares in the company, valued at $3,139,507.82. This trade represents a 6.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the company's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $161.28, for a total value of $537,546.24. Following the transaction, the chief financial officer directly owned 46,446 shares of the company's stock, valued at $7,490,810.88. This represents a 6.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 424,099 shares of company stock valued at $8,310,735 in the last three months. Corporate insiders own 0.08% of the company's stock.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in QUALCOMM stock. Revolve Wealth Partners LLC grew its stake in QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 15.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,542 shares of the wireless technology company's stock after buying an additional 340 shares during the period. Revolve Wealth Partners LLC's holdings in QUALCOMM were worth $391,000 as of its most recent filing with the Securities and Exchange Commission. 74.35% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several research analysts recently commented on QCOM shares. Robert W. Baird dropped their price target on QUALCOMM from $250.00 to $216.00 and set an "outperform" rating for the company in a research report on Thursday, May 1st. Susquehanna decreased their price target on QUALCOMM from $210.00 to $190.00 and set a "positive" rating on the stock in a report on Thursday, May 1st. JPMorgan Chase & Co. increased their price target on QUALCOMM from $185.00 to $190.00 and gave the company an "overweight" rating in a report on Thursday. Rosenblatt Securities restated a "buy" rating and set a $225.00 price target on shares of QUALCOMM in a report on Thursday, May 1st. Finally, Evercore ISI reduced their target price on QUALCOMM from $179.00 to $157.00 and set an "in-line" rating on the stock in a research note on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $186.00.
View Our Latest Research Report on QUALCOMM
About QUALCOMM
(
Get Free Report)
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.
Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider QUALCOMM, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and QUALCOMM wasn't on the list.
While QUALCOMM currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.