Willner & Heller LLC Has $2.42 Million Stock Holdings in Broadcom Inc. $AVGO

Willner & Heller LLC lessened its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 0.9% in the second quarter, HoldingsChannel.com reports. The firm owned 8,794 shares of the semiconductor manufacturer’s stock after selling 78 shares during the quarter. Broadcom accounts for approximately 2.0% of Willner & Heller LLC’s portfolio, making the stock its 7th biggest holding. Willner & Heller LLC’s holdings in Broadcom were worth $2,424,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of AVGO. Brighton Jones LLC lifted its stake in shares of Broadcom by 21.8% in the 4th quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer’s stock valued at $6,882,000 after purchasing an additional 5,322 shares during the period. Revolve Wealth Partners LLC increased its holdings in Broadcom by 10.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer’s stock worth $1,854,000 after purchasing an additional 756 shares in the last quarter. GAMMA Investing LLC lifted its stake in Broadcom by 9.2% in the first quarter. GAMMA Investing LLC now owns 103,184 shares of the semiconductor manufacturer’s stock valued at $17,276,000 after buying an additional 8,672 shares during the period. Sanibel Captiva Trust Company Inc. boosted its holdings in shares of Broadcom by 1.4% during the 1st quarter. Sanibel Captiva Trust Company Inc. now owns 96,877 shares of the semiconductor manufacturer’s stock worth $16,220,000 after buying an additional 1,325 shares in the last quarter. Finally, Petredis Investment Advisors LLC grew its position in shares of Broadcom by 2.0% during the 1st quarter. Petredis Investment Advisors LLC now owns 60,162 shares of the semiconductor manufacturer’s stock worth $10,073,000 after buying an additional 1,156 shares during the period. 76.43% of the stock is owned by institutional investors.

Broadcom Stock Performance

NASDAQ AVGO opened at $345.50 on Thursday. The firm has a market cap of $1.63 trillion, a P/E ratio of 88.14, a price-to-earnings-growth ratio of 1.86 and a beta of 1.20. The company has a quick ratio of 1.37, a current ratio of 1.50 and a debt-to-equity ratio of 0.86. The company’s 50 day moving average is $320.89 and its 200-day moving average is $260.37. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $374.23.

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

Broadcom Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 22nd were issued a $0.59 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.36 annualized dividend and a dividend yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is currently 60.20%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on AVGO. JPMorgan Chase & Co. raised their target price on Broadcom from $325.00 to $400.00 and gave the company an “overweight” rating in a research note on Friday, September 5th. Wall Street Zen raised Broadcom from a “hold” rating to a “buy” rating in a research note on Saturday, September 6th. HSBC upgraded Broadcom from a “hold” rating to a “buy” rating and set a $400.00 price objective for the company in a report on Tuesday, June 24th. Morgan Stanley increased their target price on Broadcom from $338.00 to $357.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. Finally, UBS Group boosted their price target on shares of Broadcom from $290.00 to $345.00 and gave the company a “buy” rating in a research note on Monday, August 25th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Broadcom has an average rating of “Buy” and a consensus target price of $357.22.

Insider Buying and Selling

In related news, CEO Hock E. Tan sold 148,154 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $336.67, for a total value of $49,879,007.18. Following the sale, the chief executive officer directly owned 825,998 shares of the company’s stock, valued at $278,088,746.66. This trade represents a 15.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Kirsten M. Spears sold 7,498 shares of the company’s stock in a transaction on 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 completion of the transaction, the chief financial officer owned 313,330 shares of the company’s stock, valued at $108,932,307.80. This trade represents a 2.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders bought 3,550 shares of company stock valued at $1,227,869 and sold 666,071 shares valued at $225,623,008. Corporate insiders own 2.00% of the company’s stock.

Broadcom 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.