CWS Financial Advisors LLC Buys New Stake in Broadcom Inc. $AVGO

CWS Financial Advisors LLC purchased a new stake in shares of Broadcom Inc. (NASDAQ:AVGO) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 825 shares of the semiconductor manufacturer’s stock, valued at approximately $227,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in Broadcom by 21.8% in the fourth 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 grew its stake in Broadcom by 10.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer’s stock valued at $1,854,000 after acquiring an additional 756 shares during the period. OneAscent Financial Services LLC grew its stake in Broadcom by 60.6% in the 1st quarter. OneAscent Financial Services LLC now owns 5,204 shares of the semiconductor manufacturer’s stock valued at $873,000 after acquiring an additional 1,964 shares during the period. WNY Asset Management LLC increased its holdings in Broadcom by 35.9% in the 1st quarter. WNY Asset Management LLC now owns 2,053 shares of the semiconductor manufacturer’s stock worth $344,000 after acquiring an additional 542 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC raised its position in Broadcom by 19.2% during the first quarter. Blue Bell Private Wealth Management LLC now owns 615 shares of the semiconductor manufacturer’s stock worth $103,000 after acquiring an additional 99 shares during the period. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Broadcom Price Performance

NASDAQ:AVGO opened at $342.65 on Tuesday. Broadcom Inc. has a one year low of $138.10 and a one year high of $386.48. The stock has a market cap of $1.62 trillion, a PE ratio of 87.41, a P/E/G ratio of 1.37 and a beta of 1.19. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.37 and a current ratio of 1.50. The stock has a 50 day moving average price of $349.03 and a 200 day moving average price of $297.23.

Broadcom (NASDAQ:AVGO) last posted its 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. 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 period in the previous year, the business posted $1.24 EPS. Broadcom’s revenue was up 22.0% on a year-over-year basis. Broadcom has set its Q4 2025 guidance at EPS. Equities research analysts expect that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 22nd were given a dividend of $0.59 per share. The ex-dividend date 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%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AVGO. The Goldman Sachs Group reiterated a “buy” rating and issued a $340.00 target price on shares of Broadcom in a research report on Wednesday, August 13th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Broadcom in a research note on Thursday. Morgan Stanley set a $409.00 price objective on Broadcom and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Truist Financial increased their target price on Broadcom from $295.00 to $365.00 and gave the company a “buy” rating in a report on Friday, September 5th. Finally, Citigroup restated a “buy” rating and issued a $415.00 target price (up previously from $350.00) on shares of Broadcom in a research report on Tuesday, October 14th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Broadcom currently has an average rating of “Buy” and an average price target of $372.52.

Insiders Place Their Bets

In other Broadcom news, Director Justine Page sold 800 shares of the business’s stock in a transaction that occurred on Tuesday, October 14th. The stock was sold at an average price of $350.15, for a total value of $280,120.00. Following the sale, the director owned 22,182 shares of the company’s stock, valued at $7,767,027.30. The trade was a 3.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Hock E. Tan sold 100,000 shares of the company’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $339.58, for a total value of $33,958,000.00. Following the transaction, the chief executive officer owned 725,638 shares in the company, valued at $246,412,152.04. This trade represents a 12.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders bought 3,550 shares of company stock worth $1,227,869 and sold 664,471 shares worth $225,218,280. Insiders own 2.00% of the company’s stock.

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.