Broadcom Inc. $AVGO Holdings Lifted by Boston Partners

Boston Partners increased its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 59.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,298 shares of the semiconductor manufacturer’s stock after acquiring an additional 18,830 shares during the period. Boston Partners’ holdings in Broadcom were worth $13,865,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cheviot Value Management LLC bought a new stake in shares of Broadcom in the 1st quarter worth approximately $25,000. Sawyer & Company Inc boosted its holdings in Broadcom by 62.1% during the second quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 36 shares in the last quarter. Legend Financial Advisors Inc. acquired a new position in Broadcom in the second quarter worth approximately $28,000. LGT Financial Advisors LLC bought a new position in shares of Broadcom in the second quarter valued at $31,000. Finally, Greenline Partners LLC acquired a new stake in shares of Broadcom during the 1st quarter valued at $33,000. 76.43% of the stock is owned by institutional investors and hedge funds.

Broadcom Price Performance

NASDAQ AVGO opened at $342.46 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.50 and a quick ratio of 1.37. The firm has a market capitalization of $1.62 trillion, a price-to-earnings ratio of 87.36, a price-to-earnings-growth ratio of 1.37 and a beta of 1.19. The company has a 50 day simple moving average of $349.09 and a 200-day simple moving average of $294.75. Broadcom Inc. has a 52-week low of $138.10 and a 52-week high of $386.48.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings data 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 firm had revenue of $15.95 billion for the quarter, compared to analyst estimates of $15.82 billion. During the same quarter in the prior year, the business earned $1.24 EPS. The company’s revenue for the quarter was up 22.0% compared to the same quarter last year. Broadcom has set its Q4 2025 guidance at EPS. Equities research analysts predict that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 22nd were issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, September 22nd. Broadcom’s dividend payout ratio (DPR) is currently 60.20%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Evercore ISI lifted their target price on Broadcom from $342.00 to $403.00 and gave the stock an “outperform” rating in a report on Wednesday, October 15th. Piper Sandler lifted their price target on Broadcom from $315.00 to $375.00 and gave the stock an “overweight” rating in a research note on Friday, September 5th. Weiss Ratings restated a “hold (c+)” rating on shares of Broadcom in a report on Thursday. Argus raised their target price on shares of Broadcom from $285.00 to $375.00 and gave the stock a “buy” rating in a report on Monday, September 8th. Finally, Deutsche Bank Aktiengesellschaft set a $400.00 price target on shares of Broadcom and gave the company a “buy” rating in a report on Tuesday, October 14th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Broadcom currently has an average rating of “Buy” and a consensus target price of $372.52.

Insider Activity

In other news, Director Henry Samueli sold 368,797 shares of Broadcom stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $337.91, for a total transaction of $124,620,194.27. Following the completion of the sale, the director directly owned 37,722,534 shares in the company, valued at $12,746,821,463.94. The trade was a 0.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Justine Page sold 800 shares of the 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 completion of the transaction, the director owned 22,182 shares in the company, valued at $7,767,027.30. This represents a 3.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have acquired 3,550 shares of company stock valued at $1,227,869 and have sold 664,471 shares valued at $225,218,280. Company 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.