Broadcom Inc. $AVGO Stock Holdings Boosted by San Luis Wealth Advisors LLC

San Luis Wealth Advisors LLC lifted its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 23.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 22,047 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,126 shares during the period. Broadcom accounts for 1.3% of San Luis Wealth Advisors LLC’s portfolio, making the stock its 23rd biggest holding. San Luis Wealth Advisors LLC’s holdings in Broadcom were worth $6,077,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of AVGO. Brighton Jones LLC grew its position in shares of Broadcom by 21.8% during the fourth quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer’s stock worth $6,882,000 after acquiring an additional 5,322 shares during the last quarter. Revolve Wealth Partners LLC grew its position in shares of Broadcom by 10.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer’s stock worth $1,854,000 after acquiring an additional 756 shares during the last quarter. ST Germain D J Co. Inc. lifted its holdings in Broadcom by 9.7% in the first quarter. ST Germain D J Co. Inc. now owns 2,395 shares of the semiconductor manufacturer’s stock worth $401,000 after purchasing an additional 211 shares during the period. Apella Capital LLC lifted its holdings in Broadcom by 10.4% in the first quarter. Apella Capital LLC now owns 3,264 shares of the semiconductor manufacturer’s stock worth $604,000 after purchasing an additional 308 shares during the period. Finally, Greenfield Savings Bank lifted its holdings in Broadcom by 29.5% in the first quarter. Greenfield Savings Bank now owns 4,408 shares of the semiconductor manufacturer’s stock worth $738,000 after purchasing an additional 1,005 shares during the period. Institutional investors own 76.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on AVGO shares. Rosenblatt Securities upped their price objective on shares of Broadcom from $340.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, September 5th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Broadcom from $300.00 to $350.00 and gave the stock a “buy” rating in a report on Friday, September 5th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $340.00 price objective on shares of Broadcom in a report on Wednesday, August 13th. Arete Research raised shares of Broadcom to a “strong-buy” rating in a report on Monday, July 28th. Finally, Sanford C. Bernstein upped their price objective on shares of Broadcom from $295.00 to $400.00 and gave the stock an “outperform” rating in a report on Friday, September 5th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $357.22.

Insider Activity

In other Broadcom news, CFO Kirsten M. Spears sold 7,498 shares of the business’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $347.66, for a total transaction of $2,606,754.68. Following the sale, the chief financial officer owned 313,330 shares in the company, valued at approximately $108,932,307.80. The trade was a 2.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Charlie B. Kawwas sold 3,893 shares of the company’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $347.82, for a total value of $1,354,063.26. Following the completion of the transaction, the insider owned 25,295 shares in the company, valued at $8,798,106.90. This represents a 13.34% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have acquired 3,550 shares of company stock worth $1,227,869 and have sold 666,071 shares worth $225,623,008. 2.00% of the stock is currently owned by corporate insiders.

Broadcom Price Performance

NASDAQ AVGO opened at $333.39 on Thursday. The stock’s 50-day moving average price is $316.48 and its two-hundred day moving average price is $255.31. The company has a current ratio of 1.50, a quick ratio of 1.37 and a debt-to-equity ratio of 0.86. The company has a market cap of $1.57 trillion, a PE ratio of 85.05, a PEG ratio of 1.83 and a beta of 1.20. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $374.23.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings data on Thursday, September 4th. The semiconductor manufacturer reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.03. The firm had revenue of $15.95 billion for the quarter, compared to the consensus estimate of $15.82 billion. Broadcom had a return on equity of 36.60% and a net margin of 31.59%.The business’s revenue for the quarter was up 22.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.24 EPS. Broadcom has set its Q4 2025 guidance at EPS. On average, analysts predict that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, September 22nd. Broadcom’s payout ratio is presently 60.20%.

Broadcom Company Profile

Broadcom Inc designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.