<div id="readability-page-1"><p>Ascent Group LLC grew its holdings in  QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) by 173.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,532 shares of the wireless technology company's stock after acquiring an additional 11,766 shares during the period. Ascent Group LLC's holdings in QUALCOMM were worth $3,083,000 as of its most recent SEC filing.</p><ul><li>The Last Time This Happened, Qualcomm Fell 10%</li></ul><p>Other hedge funds have also recently modified their holdings of the company. Guinness Asset Management LTD boosted its holdings in  QUALCOMM by 11.6% during the 2nd quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company's stock valued at $8,824,000 after acquiring an additional 5,779 shares during the period.  CORDA Investment Management LLC. boosted its stake in shares of  QUALCOMM by 18.6% during the second quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company's stock valued at $3,579,000 after purchasing an additional 3,524 shares during the period.  Westerkirk Capital Inc. bought a new position in shares of  QUALCOMM in the second quarter worth about $4,539,000.  MASTERINVEST Kapitalanlage GmbH purchased a new position in  QUALCOMM in the 2nd quarter worth about $3,896,000.  Finally, Great Lakes Retirement Inc. increased its stake in  QUALCOMM by 8.0% in the 2nd quarter. Great Lakes Retirement Inc. now owns 21,687 shares of the wireless technology company's stock worth $3,454,000 after buying an additional 1,610 shares during the period. Institutional investors own  74.35% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>A number of brokerages have recently commented on QCOM. Wall Street Zen lowered shares of QUALCOMM from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Tuesday, December 9th. Citigroup raised their price objective on QUALCOMM from $170.00 to $175.00 and gave the stock a &#34;neutral&#34; rating in a report on Tuesday, October 28th. JPMorgan Chase &amp; Co. upped their target price on QUALCOMM from $200.00 to $210.00 and gave the stock an &#34;overweight&#34; rating in a report on Tuesday, November 4th. TD Cowen increased their price target on QUALCOMM from $185.00 to $205.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, November 6th. Finally, Cowen  restated a &#34;buy&#34; rating on shares of QUALCOMM in a report on Thursday, November 6th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have assigned  a Hold rating and one  has assigned  a Sell rating to the company's stock. According to MarketBeat, QUALCOMM currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $192.94.</p><ul><li>Qualcomm Shares Are Back Near Their 2021 Price—Should Investors Be Worried or Excited?</li></ul><p><b>Get Our Latest Research Report on QUALCOMM</b></p><h2>Insider Activity</h2><p>In related news, CAO Patricia Y. Grech sold 513 shares of QUALCOMM stock in a transaction on Friday, November 21st. The shares were sold at an average price of $160.95, for a total transaction of $82,567.35. Following the sale, the chief accounting officer directly owned 203 shares in the company, valued at $32,672.85. This trade represents a 71.65% decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through the SEC website. Also, EVP Alexander H. Rogers sold 15,917 shares of the stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $178.01, for a total value of $2,833,385.17. Following the completion of the sale, the executive vice president directly owned 26,071 shares of the company's stock, valued at $4,640,898.71. The trade was a 37.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 49,822 shares of company stock worth $8,689,984 over the last three months. Company insiders own  0.08% of the company's stock. </p><h2>QUALCOMM Trading Down 1.5%</h2><ul><li>Qualcomm’s Monster Rally Has a Catch—Can the Stock Keep Climbing?</li></ul><p>Shares of QUALCOMM stock opened at $171.05 on Thursday. The firm's 50-day moving average price is $173.29 and its 200 day moving average price is $164.30. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The firm has a market capitalization of $183.19 billion, a PE ratio of 34.98, a P/E/G ratio of 3.80 and a beta of 1.22. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. </p><p>QUALCOMM (NASDAQ:QCOM - Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.87 by $0.13. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The firm had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. During the same period in the previous year, the company posted $2.69 earnings per share. The business's revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS.  On average, sell-side analysts predict that  QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year. </p><h2>QUALCOMM Dividend Announcement</h2><p>The business also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were issued a $0.89 dividend. The ex-dividend date was Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.1%. QUALCOMM's dividend payout ratio (DPR) is 72.80%. </p><h2>About QUALCOMM</h2> (Free Report)<p>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.  </p><p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than QUALCOMM</li><li>The Best $1 You'll Spend This Holiday Season</li><li>Holiday surprise: $1 gets you everything</li><li>America’s “most deplorable” Christmas sale</li><li>Market Panic: Trump Just Dropped a Bomb on Your Stocks</li><li>Your family's wealth expires in 2026?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UUNPTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UUNPTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in QUALCOMM Right Now?</h2><p>Before you consider QUALCOMM, you'll want to hear this.</p><p>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.</p><p>While QUALCOMM currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

QCOM

<p>Ascent Group LLC increased its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 173.9% in Q3, owning 18,532 shares valued at $3,083,000. Other hedge funds also raised their stakes in QUALCOMM. Analysts have mixed ratings on the stock, with a consensus target price of $192.94. QUALCOMM shares opened at $171.05, with a market cap of $183.19 billion and a 12-month high of $205.95. Insiders sold a total of 49,822 shares worth $8.69 million in the last three months.</p>

- Ascent Group LLC increased its QUALCOMM holdings by 173.9% in Q3 2023, owning 18,532 shares valued at $3,083,000.  
- Other funds like Guinness Asset Management and CORDA Investment Management also raised their stakes, with institutional investors collectively owning 74.35% of the company's stock.  
- QUALCOMM reported Q4 earnings of $3.00 EPS, exceeding estimates, with a guidance of 3.300-3.500 EPS for Q1 2026 and an annual dividend yield of 2.1%.

Ascent Group LLC Boosts Holdings in QUALCOMM Incorporated $QCOM