Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Buys 392,870 Shares of Qualcomm Incorporated Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 158.2% in the fourth quarter, according to its latest 13F filing with the Securities and Exchange Commission (SEC). The institutional investor now holds 641,138 shares of the wireless technology company, valued at approximately $109.67 million. This represents 0.06% of Qualcomm’s total shares and 1.0% of the firm’s overall portfolio. The purchase brought the firm’s holdings to its 28th largest position. Qualcomm’s board recently authorized a $20 billion share repurchase plan, allowing the company to buy back up to 14.5% of its outstanding shares. The plan signals confidence in the company’s valuation and aims to return capital to shareholders. Additionally, the company raised its quarterly dividend to $0.92 per share, translating to an annualized $3.68 dividend and a yield of approximately 2.7%. This marks an increase from the previous dividend of $0.89. In its latest quarterly earnings report, Qualcomm surpassed expectations, reporting $3.50 earnings per share (EPS) on revenue of $12.25 billion. This exceeded analyst estimates of $3.38 EPS and $12.16 billion in revenue. The company also set guidance for Q2 2026, projecting EPS in the range of 2.45–2.65. Analysts maintain a consensus rating of “Hold” with a price target of $158.25. The stock’s performance has been mixed, with a recent 0.4% increase in trading. Qualcomm’s market cap stands at $145.19 billion, with a price-to-earnings (P/E) ratio of 28.11 and a beta of 1.28. The company’s debt-to-equity ratio is 0.#securities_and_exchange_commission #harbor_capital_advisors_inc #qualcomm_incorporated #loring_wolcott_cooleidge_fiduciary_advisors_llp #cloud_capital_management_llc
