Quent Capital LLC Raises Stock Holdings in Broadcom Inc. $AVGO

Key Points

• Quent Capital LLC increased its stake in Broadcom Inc. by 10.5%, acquiring a total of 15,707 shares valued at approximately $4.33 million.
• Broadcom received numerous price target upgrades from analysts, with Piper Sandler raising its target from $315 to $375 and Bank of America increasing it from $300 to $400.
• The company reported Q3 2025 earnings of $1.69 EPS, exceeding estimates, and a revenue of $15.95 billion, marking a year-over-year increase of 22%.

Quent Capital LLC raised its holdings in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 10.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,707 shares of the semiconductor manufacturer's stock after purchasing an additional 1,494 shares during the quarter. Quent Capital LLC's holdings in Broadcom were worth $4,330,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. Brighton Jones LLC lifted its stake in Broadcom by 21.8% in the fourth quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer's stock worth $6,882,000 after acquiring an additional 5,322 shares during the period. Revolve Wealth Partners LLC grew its holdings in Broadcom by 10.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer's stock worth $1,854,000 after purchasing an additional 756 shares during the last quarter. GAMMA Investing LLC increased its position in Broadcom by 9.2% during the 1st quarter. GAMMA Investing LLC now owns 103,184 shares of the semiconductor manufacturer's stock valued at $17,276,000 after buying an additional 8,672 shares in the last quarter. Sanibel Captiva Trust Company Inc. increased its holdings in shares of Broadcom by 1.4% during the first quarter. Sanibel Captiva Trust Company Inc. now owns 96,877 shares of the semiconductor manufacturer's stock valued at $16,220,000 after acquiring an additional 1,325 shares in the last quarter. Finally, Petredis Investment Advisors LLC raised its holdings in shares of Broadcom by 2.0% in the first quarter. Petredis Investment Advisors LLC now owns 60,162 shares of the semiconductor manufacturer's stock worth $10,073,000 after buying an additional 1,156 shares during the last quarter. Hedge funds and other institutional investors own 76.43% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on AVGO. Piper Sandler raised their price objective on Broadcom from $315.00 to $375.00 and gave the stock an "overweight" rating in a research note on Friday, September 5th. Wells Fargo & Company upped their price objective on shares of Broadcom from $255.00 to $345.00 and gave the stock an "equal weight" rating in a research report on Friday, September 5th. HSBC upgraded Broadcom from a "hold" rating to a "buy" rating and set a $400.00 target price on the stock in a research report on Tuesday, June 24th. Rosenblatt Securities lifted their price objective on Broadcom from $340.00 to $400.00 and gave the stock a "buy" rating in a report on Friday, September 5th. Finally, Bank of America raised their target price on Broadcom from $300.00 to $400.00 and gave the company a "buy" rating in a research report on Friday, September 5th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $357.22.

Broadcom Price Performance

Shares of AVGO opened at $345.50 on Thursday. 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 fifty-two week low of $138.10 and a fifty-two week high of $374.23. The company has a market cap of $1.63 trillion, a P/E ratio of 88.14, a PEG ratio of 1.86 and a beta of 1.20. The firm's 50 day moving average price is $320.89 and its 200 day moving average price is $260.37.

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, topping analysts' consensus estimates 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 return on equity of 36.60% and a net margin of 31.59%.The business's revenue for the quarter was up 22.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.24 earnings per share. Broadcom has set its Q4 2025 guidance at EPS. On average, research analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 22nd were paid a $0.59 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.36 dividend on an annualized basis and a yield of 0.7%. Broadcom's payout ratio is currently 60.20%.

Insiders Place Their Bets

In other Broadcom news, insider Mark David Brazeal sold 16,558 shares of Broadcom stock in a transaction that occurred on 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 transaction, the insider directly owned 329,302 shares in the company, valued at approximately $114,468,668.22. This trade represents a 4.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Kirsten M. Spears sold 7,498 shares of Broadcom 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 completion of the sale, the chief financial officer directly owned 313,330 shares in the company, valued at approximately $108,932,307.80. The trade was a 2.34% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders bought 3,550 shares of company stock valued at $1,227,869 and sold 666,071 shares valued at $225,623,008. 2.00% of the stock is currently owned by corporate insiders.

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.

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