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DSG Capital Advisors LLC Purchases 1,273 Shares of Broadcom Inc. $AVGO

Broadcom logo with Computer and Technology background

Key Points

  • DSG Capital Advisors LLC increased its stake in Broadcom Inc. by 1.2%, owning 106,881 shares valued at approximately $29.46 million, making it their 3rd largest holding.
  • Broadcom reported a 22% year-over-year revenue increase, with Q3 earnings per share at $1.69, beating estimates, and set a guidance for Q4 2025.
  • The company declared a quarterly dividend of $0.59 per share, reflecting an annualized yield of 0.7%, with a payout ratio of 60.20% as of the most recent filing.
  • Five stocks we like better than Broadcom.

DSG Capital Advisors LLC boosted its position in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 1.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 106,881 shares of the semiconductor manufacturer's stock after buying an additional 1,273 shares during the quarter. Broadcom makes up approximately 5.2% of DSG Capital Advisors LLC's holdings, making the stock its 3rd largest holding. DSG Capital Advisors LLC's holdings in Broadcom were worth $29,462,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of AVGO. Sawyer & Company Inc boosted its position in shares of Broadcom by 62.1% in the 2nd quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer's stock worth $26,000 after purchasing an additional 36 shares during the last quarter. Waddell & Associates LLC boosted its position in shares of Broadcom by 2.1% in the 1st quarter. Waddell & Associates LLC now owns 2,091 shares of the semiconductor manufacturer's stock worth $350,000 after purchasing an additional 43 shares during the last quarter. Luts & Greenleigh Group Inc. boosted its position in shares of Broadcom by 1.3% in the 2nd quarter. Luts & Greenleigh Group Inc. now owns 3,405 shares of the semiconductor manufacturer's stock worth $939,000 after purchasing an additional 44 shares during the last quarter. Challenger Wealth Management boosted its position in shares of Broadcom by 1.3% in the 1st quarter. Challenger Wealth Management now owns 3,504 shares of the semiconductor manufacturer's stock worth $587,000 after purchasing an additional 45 shares during the last quarter. Finally, High Net Worth Advisory Group LLC boosted its position in shares of Broadcom by 1.7% in the 2nd quarter. High Net Worth Advisory Group LLC now owns 2,671 shares of the semiconductor manufacturer's stock worth $736,000 after purchasing an additional 45 shares during the last quarter. Institutional investors and hedge funds own 76.43% of the company's stock.

Broadcom Trading Down 0.5%

Shares of NASDAQ:AVGO opened at $334.53 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 cap of $1.58 trillion, a PE ratio of 85.34, a P/E/G ratio of 1.86 and a beta of 1.16. The business has a 50 day moving average of $313.66 and a 200-day moving average of $252.49. 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 (NASDAQ:AVGO - Get Free Report) last announced 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 business had revenue of $15.95 billion during 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 was up 22.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.24 earnings per share. Broadcom has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current year.

Broadcom Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 22nd will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $2.36 dividend on an annualized basis and a yield of 0.7%. Broadcom's dividend payout ratio is 60.20%.

Insider Buying and Selling at Broadcom

In other Broadcom news, insider Charlie B. Kawwas sold 3,893 shares of the company's stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $347.82, for a total transaction of $1,354,063.26. Following the sale, the insider owned 25,295 shares of the company's stock, valued at approximately $8,798,106.90. This represents a 13.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Kirsten M. Spears sold 7,498 shares of the company's stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $347.66, for a total transaction of $2,606,754.68. Following the transaction, the chief financial officer owned 313,330 shares in the company, valued at $108,932,307.80. This represents a 2.34% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have purchased 3,550 shares of company stock valued at $1,227,869 and have sold 666,071 shares valued at $225,623,008. 2.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Cowen restated a "buy" rating on shares of Broadcom in a research report on Friday, June 6th. Mizuho raised their price objective on Broadcom from $355.00 to $410.00 and gave the stock an "outperform" rating in a research note on Friday, September 12th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $340.00 price objective on shares of Broadcom in a research note on Wednesday, August 13th. JPMorgan Chase & Co. raised their price objective on Broadcom from $325.00 to $400.00 and gave the stock an "overweight" rating in a research note on Friday, September 5th. Finally, HSBC raised Broadcom from a "hold" rating to a "buy" rating and set a $400.00 price objective on the stock in a research note on Tuesday, June 24th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, Broadcom currently has a consensus rating of "Buy" and a consensus target price of $356.48.

View Our Latest Stock Report on AVGO

Broadcom Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Broadcom (NASDAQ:AVGO)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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