Kmg Fiduciary Partners 13F: Cuts Broadcom (AVGO) Stake by $572K
Kmg Fiduciary Partners cut its Broadcom holdings by 5.5%, now holding 28,070 shares worth $9.86 million.
Reviewed by automated data checks against the source filing. How we make and check alerts
Kmg Fiduciary Partners sold 1,629 shares from its stake in Broadcom Inc. ($AVGO), a 5.49% decrease, according to a 13F filing with the SEC dated October 14, 2026. It reported 28,070 shares worth $9.86 million at the end of the quarter.
Since the filing, $AVGO is down 5.0% to date (from the $346.25 close on Oct 14, 2026).
Find the original: Kmg Fiduciary Partners 13F filings on SEC EDGAR
AVGO
Broadcom Inc.
Key Points
- Kmg Fiduciary Partners trimmed its Broadcom Inc. stake by 1,629 shares, a 5.5% decrease, now holding 28,070 shares.
- Broadcom Inc. has a market cap of approximately $1.64 trillion and a forward P/E ratio of 17.75.
- The company operates in the semiconductor and software industries, headquartered in Palo Alto, CA.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Broadcom Inc. alert may contain errors. Disclosures
Kmg Fiduciary Partners has made a move with its holdings in Broadcom Inc. (NasdaqGS: AVGO). The firm trimmed its stake by 1,629 shares, a 5.5% decrease, leaving it with 28,070 shares. The value of this position is about $9.86 million, according to the latest Form 13F filing with the SEC, reflecting holdings as of the reporting period.
Kmg Fiduciary Partners vs. the S&P 500
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What Changed in Kmg Fiduciary Partners' Broadcom Position
Kmg Fiduciary Partners reduced its Broadcom Inc. stake, cutting 1,629 shares to bring its total holdings to 28,070 shares. This represents a 5.5% decrease from its previous position of 29,699 shares. The current value of the stake is approximately $9.86 million.
Broadcom Inc. Stock Down 4.5%
Shares of Broadcom Inc. (NasdaqGS: AVGO) traded around $346.25 recently. The company, with a market cap of about $1.64 trillion, has a P/E ratio of 45.37 and a forward P/E of 17.75. Its beta is 1.476, indicating higher volatility compared to the market. The stock's 52-week range spans from $289.96 to $495.00, and it has a 50-day moving average of $367.56 and a 200-day moving average of $368.29. Broadcom maintains a solid current ratio of 2.50 and a quick ratio of 2.15, with a debt-to-equity ratio of 59.60.
Recent Earnings
Broadcom generated revenue of approximately $89.10 billion, with a growth rate of 8.55%. The company reported earnings per share (EPS) of $7.59, and its net margin stands at 42.94%. Broadcom's return on equity (ROE) is a robust 44.25%. The next earnings report is scheduled for December 9, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
14 target raises vs 1 cuts.
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EPS & revenue
EPS met estimates. Revenue missed estimates by 2.3%.
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Profit surprise
EBITDA missed by 14 percent. Operating income missed by 28 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
1 downgrade, 14 target raises, 1 target cut.
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Earnings quality
Gross margin down 0.7 points. Operating margin up 10.1 points. Positive free cash flow.
Earnings Call Summary
Broadcom reported record quarterly revenue of $22.2 billion, up 48 percent from last year, driven by massive AI chip demand. AI chip sales alone hit $10.8 billion, up 143 percent, with bookings exceeding $30 billion against only $10.8 billion shipped, showing extreme customer demand. The company is executing partnerships with Google, Anthropic, OpenAI, and Meta to build large-scale AI compute clusters, with multiple gigawatt commitments starting to ramp in 2027 and beyond.
Guidance The company expects total sales of about $29.4 billion next quarter, up 84 percent year over year. Within that, AI chip sales should hit $16 billion, up over 200 percent. The company also raised its full-year AI sales target to $56 billion and reiterated guidance for 2027 AI sales to exceed $100 billion. Operating margins will stay stable at 67 percent even as the company grows.
Neutral report. Results and guidance were close to expectations, with limited evidence of a reset either way.
Dividend
Broadcom pays an annual dividend with a yield of 0.76% and a payout ratio of 32.44%. This provides a steady income stream for investors.
About Broadcom Inc.
Broadcom Inc. is a technology company based in Palo Alto, California, specializing in semiconductor devices and infrastructure software solutions. With 33,000 employees, it operates in two main segments: Semiconductor Solutions and Infrastructure Software. The company offers a wide array of products including networking, wireless connectivity, and enterprise software solutions. Broadcom is led by CEO Hock Eng Tan and serves a global market.
Bottom Line
Kmg Fiduciary Partners' recent reduction in its Broadcom position highlights the dynamic nature of institutional investments. Investors watch these filings closely as they provide insights into the strategies of large institutional players. It's important to remember that 13F filings are backward-looking and may not reflect current positions.
Related Filing Alerts
Source: Kmg Fiduciary Partners's 13F filing on $AVGO (Oct 14, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Kmg Fiduciary Partners 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts