Aspiriant LLC Boosts Holdings in Broadcom Inc. $AVGO

Aspiriant LLC grew its position in Broadcom Inc. (NASDAQ:AVGO) by 7.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,080 shares of the semiconductor manufacturer’s stock after buying an additional 735 shares during the period. Aspiriant LLC’s holdings in Broadcom were worth $3,054,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Manchester Financial Inc. lifted its holdings in shares of Broadcom by 39.3% in the 2nd quarter. Manchester Financial Inc. now owns 6,680 shares of the semiconductor manufacturer’s stock worth $1,841,000 after acquiring an additional 1,883 shares during the last quarter. Hamlin Capital Management LLC lifted its holdings in shares of Broadcom by 0.9% in the 2nd quarter. Hamlin Capital Management LLC now owns 1,016,067 shares of the semiconductor manufacturer’s stock worth $280,079,000 after acquiring an additional 9,432 shares during the last quarter. Koshinski Asset Management Inc. lifted its holdings in shares of Broadcom by 0.4% in the 2nd quarter. Koshinski Asset Management Inc. now owns 56,744 shares of the semiconductor manufacturer’s stock worth $15,641,000 after acquiring an additional 229 shares during the last quarter. Hoese & Co LLP lifted its holdings in shares of Broadcom by 142.9% in the 2nd quarter. Hoese & Co LLP now owns 170 shares of the semiconductor manufacturer’s stock worth $47,000 after acquiring an additional 100 shares during the last quarter. Finally, Kondo Wealth Advisors Inc. lifted its holdings in shares of Broadcom by 5.0% in the 2nd quarter. Kondo Wealth Advisors Inc. now owns 1,346 shares of the semiconductor manufacturer’s stock worth $356,000 after acquiring an additional 64 shares during the last quarter. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Justine Page sold 800 shares of the firm’s stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of $350.15, for a total value of $280,120.00. Following the sale, the director directly owned 22,182 shares in the company, valued at approximately $7,767,027.30. This trade represents a 3.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Hock E. Tan sold 100,000 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $339.58, for a total transaction of $33,958,000.00. Following the completion of the sale, the chief executive officer owned 725,638 shares in the company, valued at $246,412,152.04. The trade was a 12.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders acquired 3,550 shares of company stock worth $1,227,869 and sold 665,271 shares worth $225,464,248. Company insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on AVGO. Piper Sandler upped their price objective on shares of Broadcom from $315.00 to $375.00 and gave the stock an “overweight” rating in a report on Friday, September 5th. Mizuho set a $435.00 price objective on shares of Broadcom and gave the stock an “outperform” rating in a report on Tuesday. 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. TD Cowen upped their price objective on shares of Broadcom from $355.00 to $370.00 and gave the stock a “buy” rating in a report on Friday, September 5th. Finally, Arete Research upgraded shares of Broadcom to a “strong-buy” rating in a report on Monday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $372.52.

Broadcom Stock Performance

Shares of AVGO stock opened at $354.13 on Friday. The company has a quick ratio of 1.37, a current ratio of 1.50 and a debt-to-equity ratio of 0.86. Broadcom Inc. has a 52 week low of $138.10 and a 52 week high of $374.23. The stock has a market capitalization of $1.67 trillion, a PE ratio of 90.34, a P/E/G ratio of 1.94 and a beta of 1.20. The firm has a 50 day moving average of $331.47 and a two-hundred day moving average of $275.11.

Broadcom (NASDAQ:AVGO) last issued its quarterly earnings results on Thursday, September 4th. The semiconductor manufacturer reported $1.69 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $15.82 billion. During the same quarter last year, the company posted $1.24 EPS. The firm’s revenue was up 22.0% compared to the same quarter last year. Broadcom has set its Q4 2025 guidance at EPS. On average, research analysts predict that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Dividend Announcement

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