Quotient Wealth Partners LLC Has $5.07 Million Stock Position in Broadcom Inc. $AVGO

Quotient Wealth Partners LLC grew its position in Broadcom Inc. (NASDAQ:AVGO) by 9.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,391 shares of the semiconductor manufacturer’s stock after buying an additional 1,647 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Broadcom were worth $5,069,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the stock. Aspiriant LLC boosted its holdings in shares of Broadcom by 7.1% during the second quarter. Aspiriant LLC now owns 11,080 shares of the semiconductor manufacturer’s stock worth $3,054,000 after purchasing an additional 735 shares during the period. Manchester Financial Inc. boosted its holdings in shares of Broadcom by 39.3% during the second quarter. Manchester Financial Inc. now owns 6,680 shares of the semiconductor manufacturer’s stock worth $1,841,000 after purchasing an additional 1,883 shares during the period. Hamlin Capital Management LLC boosted its holdings in shares of Broadcom by 0.9% during the second quarter. Hamlin Capital Management LLC now owns 1,016,067 shares of the semiconductor manufacturer’s stock worth $280,079,000 after purchasing an additional 9,432 shares during the period. Koshinski Asset Management Inc. boosted its holdings in shares of Broadcom by 0.4% during the second quarter. Koshinski Asset Management Inc. now owns 56,744 shares of the semiconductor manufacturer’s stock worth $15,641,000 after purchasing an additional 229 shares during the period. Finally, Hoese & Co LLP boosted its holdings in shares of Broadcom by 142.9% during the second quarter. Hoese & Co LLP now owns 170 shares of the semiconductor manufacturer’s stock worth $47,000 after purchasing an additional 100 shares during the period. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Kirsten M. Spears sold 7,498 shares of Broadcom stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $347.66, for a total value of $2,606,754.68. Following 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Henry Samueli sold 368,797 shares of Broadcom stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $337.91, for a total transaction of $124,620,194.27. Following the completion of the transaction, the director directly owned 37,722,534 shares in the company, valued at approximately $12,746,821,463.94. This represents a 0.97% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have purchased 3,550 shares of company stock valued at $1,227,869 and have sold 665,271 shares valued at $225,464,248. 2.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

AVGO has been the subject of several research reports. Wall Street Zen cut shares of Broadcom from a “buy” rating to a “hold” rating in a report on Saturday. Benchmark raised their price target on shares of Broadcom from $315.00 to $385.00 and gave the stock a “buy” rating in a report on Friday, September 5th. Arete Research upgraded shares of Broadcom to a “strong-buy” rating in a report on Monday, July 28th. Oppenheimer reiterated an “outperform” rating and issued a $360.00 target price (up from $325.00) on shares of Broadcom in a research note on Friday, September 5th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $340.00 target price on shares of Broadcom in a research note on Wednesday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Broadcom presently has an average rating of “Buy” and an average target price of $372.52.

Broadcom Price Performance

NASDAQ AVGO opened at $354.13 on Friday. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $374.23. The stock has a market capitalization of $1.67 trillion, a PE ratio of 90.34, a price-to-earnings-growth ratio of 1.94 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 has a 50 day moving average price of $331.47 and a two-hundred day moving average price of $275.11.

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

Broadcom Announces Dividend

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