Osmosis Investment Management UK Ltd Makes New $649,000 Investment in Qualcomm Incorporated $QCOM

Osmosis Investment Management UK Ltd bought a new stake in Qualcomm Incorporated (NASDAQ:QCOM) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,513 shares of the wireless technology company’s stock, valued at approximately $649,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. BlackRock Inc. bought a new position in Qualcomm during the second quarter valued at about $17,583,115,000. Norges Bank purchased a new stake in Qualcomm during the fourth quarter worth about $2,591,056,000. Bank of New York Mellon Corp bought a new stake in Qualcomm in the second quarter worth about $1,523,930,000. Deutsche Bank AG purchased a new position in Qualcomm in the second quarter valued at about $1,178,349,000. Finally, Wellington Management Group LLP boosted its stake in Qualcomm by 34.5% in the fourth quarter. Wellington Management Group LLP now owns 16,727,862 shares of the wireless technology company’s stock valued at $2,861,301,000 after acquiring an additional 4,290,622 shares during the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Barclays restated an “underweight” rating and set a $180.00 price target on shares of Qualcomm in a research note on Thursday, July 30th. Tigress Financial increased their price objective on Qualcomm from $270.00 to $280.00 and gave the company a “buy” rating in a report on Friday, May 8th. Lake Street Capital lowered Qualcomm to a “hold” rating in a report on Thursday, June 25th. Benchmark decreased their target price on Qualcomm from $300.00 to $270.00 and set a “buy” rating for the company in a research report on Monday, July 27th. Finally, Bank of America boosted their target price on Qualcomm from $165.00 to $195.00 and gave the company an “underperform” rating in a research note on Tuesday, June 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $203.76.

Insider Activity at Qualcomm

In related news, EVP Akash J. Palkhiwala sold 2,500 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $163.26, for a total transaction of $408,150.00. Following the sale, the executive vice president owned 20,684 shares of the company’s stock, valued at approximately $3,376,869.84. This represents a 10.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 625 shares of the firm’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $162.85, for a total value of $101,781.25. Following the completion of the transaction, the chief accounting officer owned 208 shares of the company’s stock, valued at approximately $33,872.80. This represents a 75.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 11,325 shares of company stock worth $1,925,859. 0.05% of the stock is owned by company insiders.

Qualcomm Stock Performance

Shares of QCOM stock opened at $160.56 on Wednesday. The firm’s 50 day moving average is $175.94 and its 200 day moving average is $168.28. The stock has a market capitalization of $168.62 billion, a P/E ratio of 18.58, a PEG ratio of 14.63 and a beta of 1.65. Qualcomm Incorporated has a 12 month low of $121.99 and a 12 month high of $259.92. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The business had revenue of $9.95 billion during the quarter, compared to analysts’ expectations of $9.69 billion. During the same quarter in the prior year, the firm posted $2.77 earnings per share. The firm’s quarterly revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, sell-side analysts anticipate that Qualcomm Incorporated will post 7.74 earnings per share for the current year.

Qualcomm Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be given a $0.92 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 annualized dividend and a dividend yield of 2.3%. Qualcomm’s payout ratio is 42.59%.

Qualcomm Company Profile

Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi?Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.