Railway Pension Investments Ltd Raises Stake in Broadcom Inc. $AVGO

Posted by Geri Gentry on Jun 4th, 2026

Railway Pension Investments Ltd boosted its holdings in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 44.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 813,692 shares of the semiconductor manufacturer’s stock after acquiring an additional 250,000 shares during the quarter. Broadcom comprises about 3.3% of Railway Pension Investments Ltd’s investment portfolio, making the stock its 4th biggest holding. Railway Pension Investments Ltd’s holdings in Broadcom were worth $281,619,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Miller Global Investments LLC bought a new stake in shares of Broadcom during the 4th quarter worth $31,000. Nvest Wealth Strategies Inc. bought a new stake in shares of Broadcom during the 4th quarter worth $33,000. Family CFO Inc bought a new stake in shares of Broadcom during the 4th quarter worth $35,000. PayPay Securities Corp boosted its stake in shares of Broadcom by 88.9% during the 4th quarter. PayPay Securities Corp now owns 119 shares of the semiconductor manufacturer’s stock worth $41,000 after acquiring an additional 56 shares in the last quarter. Finally, Camelot Portfolios LLC bought a new stake in shares of Broadcom during the 4th quarter worth $45,000. 76.43% of the stock is currently owned by institutional investors.

Broadcom Price Performance

Shares of NASDAQ:AVGO opened at $479.23 on Thursday. The company has a current ratio of 1.90, a quick ratio of 1.73 and a debt-to-equity ratio of 0.80. Broadcom Inc. has a 1 year low of $241.11 and a 1 year high of $495.00. The business has a fifty day simple moving average of $392.87 and a 200 day simple moving average of $361.19. The firm has a market cap of $2.27 trillion, a price-to-earnings ratio of 93.60, a P/E/G ratio of 0.99 and a beta of 1.41.

Broadcom (NASDAQ:AVGO – Get Free Report) last announced its quarterly earnings data on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.04. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The business had revenue of $22.19 billion during the quarter, compared to analyst estimates of $22.13 billion. During the same period last year, the company earned $1.58 earnings per share. Broadcom’s quarterly revenue was up 47.9% compared to the same quarter last year. As a group, sell-side analysts predict that Broadcom Inc. will post 9.91 earnings per share for the current fiscal year.

Insider Buying and Selling at Broadcom

In related news, Director Gayla J. Delly sold 1,000 shares of the stock in a transaction on Thursday, April 9th. The stock was sold at an average price of $358.31, for a total transaction of $358,310.00. Following the completion of the sale, the director directly owned 32,352 shares in the company, valued at approximately $11,592,045.12. This trade represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Justine Page sold 2,018 shares of the stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $353.00, for a total value of $712,354.00. Following the sale, the director owned 18,164 shares of the company’s stock, valued at approximately $6,411,892. This represents a 10.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 324,282 shares of company stock valued at $106,425,249 in the last quarter. Corporate insiders own 1.90% of the company’s stock.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Broadcom beat fiscal Q2 expectations, reporting adjusted EPS of $2.44 versus the $2.40 consensus and revenue of $22.19 billion versus $22.13 billion expected. Broadcom Inc. Announces Second Quarter Fiscal Year 2026 Financial Results and Quarterly Dividend
Positive Sentiment: AI semiconductor revenue more than doubled to $10.8 billion, showing Broadcom is benefiting from surging demand for custom AI accelerators and AI networking. Broadcom Revenue Climbs on AI Chip Demand
Positive Sentiment: The company guided third-quarter revenue to about $29.4 billion, above the consensus estimate of roughly $28.3 billion, suggesting continued momentum in the AI build-out. Broadcom Inc. Announces Second Quarter Fiscal Year 2026 Financial Results and Quarterly Dividend
Neutral Sentiment: Broadcom also announced its quarterly dividend of $0.65 per share, which supports the stock’s income appeal but is not likely the main driver of today’s move. Broadcom Inc. Announces Second Quarter Fiscal Year 2026 Financial Results and Quarterly Dividend
Negative Sentiment: Despite strong AI growth, shares fell in after-hours trading because the outlook for AI semiconductor revenue and near-term expectations did not fully meet the market’s lofty bar after a big run-up in the stock. Broadcom revenue hits record on AI chip surge but outlook disappoints

Analysts Set New Price Targets

AVGO has been the subject of several research reports. UBS Group reissued a “buy” rating and set a $490.00 price objective (up from $475.00) on shares of Broadcom in a research note on Monday, May 18th. Benchmark reissued a “buy” rating and set a $485.00 price objective on shares of Broadcom in a research note on Thursday, March 5th. Jefferies Financial Group set a $550.00 price objective on Broadcom and gave the stock a “buy” rating in a research note on Thursday. Seaport Research Partners reissued a “neutral” rating on shares of Broadcom in a research note on Wednesday, April 8th. Finally, Royal Bank Of Canada reduced their price objective on Broadcom from $370.00 to $340.00 and set a “sector perform” rating for the company in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Broadcom has a consensus rating of “Moderate Buy” and an average price target of $458.23.

Read Our Latest Research Report on AVGO

Broadcom Profile

(Free Report)

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia.

On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon.