Broadcom Inc. $AVGO is Wisconsin Wealth Advisors LLC’s 5th Largest Position

Wisconsin Wealth Advisors LLC boosted its position in Broadcom Inc. (NASDAQ:AVGO) by 9.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,940 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,087 shares during the quarter. Broadcom comprises 4.1% of Wisconsin Wealth Advisors LLC’s investment portfolio, making the stock its 5th biggest position. Wisconsin Wealth Advisors LLC’s holdings in Broadcom were worth $3,567,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sawyer & Company Inc lifted its position in Broadcom by 62.1% during the second quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 36 shares during the last quarter. Legend Financial Advisors Inc. bought a new position in shares of Broadcom during the 2nd quarter valued at $28,000. LGT Financial Advisors LLC bought a new position in shares of Broadcom during the second quarter valued at about $31,000. New England Capital Financial Advisors LLC purchased a new position in Broadcom in the 2nd quarter worth approximately $31,000. Finally, Maseco LLP purchased a new position in shares of Broadcom in the second quarter worth $34,000. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Broadcom Trading Down 1.9%

Broadcom stock opened at $340.20 on Friday. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $386.48. The firm has a market capitalization of $1.61 trillion, a price-to-earnings ratio of 86.79, a P/E/G ratio of 1.19 and a beta of 1.19. The firm has a 50 day moving average of $348.15 and a 200 day moving average of $299.89. The company has a current ratio of 1.50, a quick ratio of 1.37 and a debt-to-equity ratio of 0.86.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings results on Thursday, September 4th. The semiconductor manufacturer reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.03. The business had revenue of $15.95 billion for the quarter, compared to the consensus estimate of $15.82 billion. Broadcom had a net margin of 31.59% and a return on equity of 36.60%. The company’s revenue for the quarter was up 22.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.24 earnings per share. Broadcom has set its Q4 2025 guidance at EPS. As a group, research 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. Investors of record on Monday, September 22nd were issued a $0.59 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.36 annualized dividend and a yield of 0.7%. Broadcom’s dividend payout ratio is currently 60.20%.

Insiders Place Their Bets

In other news, insider Mark David Brazeal sold 16,558 shares of the company’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $347.61, for a total value of $5,755,726.38. Following the completion of the transaction, the insider owned 329,302 shares of the company’s stock, valued at $114,468,668.22. This represents a 4.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Justine Page sold 800 shares of Broadcom stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $331.14, for a total value of $264,912.00. Following the sale, the director directly owned 21,382 shares in the company, valued at $7,080,435.48. This trade represents a 3.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have bought 3,550 shares of company stock worth $1,227,869 and have sold 665,271 shares worth $225,483,192. 2.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on AVGO shares. Wells Fargo & Company boosted their price target on Broadcom from $255.00 to $345.00 and gave the company an “equal weight” rating in a report on Friday, September 5th. Benchmark lifted their price target on Broadcom from $315.00 to $385.00 and gave the company a “buy” rating in a research report on Friday, September 5th. Raymond James Financial set a $420.00 target price on Broadcom and gave the stock an “outperform” rating in a report on Thursday. KeyCorp set a $460.00 price target on shares of Broadcom in a report on Monday, October 13th. Finally, JPMorgan Chase & Co. lifted their price objective on Broadcom from $325.00 to $400.00 and gave the stock an “overweight” rating in a report on Friday, September 5th. Three analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Broadcom has a consensus rating of “Buy” and a consensus price target of $374.21.

About Broadcom

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.