Broadcom Inc. $AVGO Shares Acquired by Mn Services Vermogensbeheer B.V.

Posted by Brian Himes on Oct 9th, 2026

Mn Services Vermogensbeheer B.V. raised its position in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 6.8% during the third quarter, according to its most recent filing with the SEC. The firm owned 1,359,228 shares of the semiconductor manufacturer’s stock after purchasing an additional 86,151 shares during the period. Broadcom accounts for approximately 3.3% of Mn Services Vermogensbeheer B.V.’s portfolio, making the stock its 6th largest position. Mn Services Vermogensbeheer B.V.’s holdings in Broadcom were worth $459,045,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Diversified Management Inc. increased its position in shares of Broadcom by 15.4% during the third quarter. Diversified Management Inc. now owns 2,736 shares of the semiconductor manufacturer’s stock worth $961,000 after buying an additional 366 shares during the period. Green Ridge Wealth Planning LLC lifted its holdings in Broadcom by 19.2% in the third quarter. Green Ridge Wealth Planning LLC now owns 2,443 shares of the semiconductor manufacturer’s stock valued at $858,000 after buying an additional 393 shares during the period. Acropolis Investment Management LLC lifted its holdings in Broadcom by 10.8% in the third quarter. Acropolis Investment Management LLC now owns 3,973 shares of the semiconductor manufacturer’s stock valued at $1,395,000 after buying an additional 386 shares during the period. First Heartland Consultants Inc. boosted its position in Broadcom by 11.5% during the third quarter. First Heartland Consultants Inc. now owns 5,489 shares of the semiconductor manufacturer’s stock valued at $1,928,000 after acquiring an additional 567 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Broadcom by 8.8% during the third quarter. GAMMA Investing LLC now owns 164,015 shares of the semiconductor manufacturer’s stock valued at $55,889,000 after acquiring an additional 13,317 shares during the last quarter. 76.43% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on AVGO shares. President Capital lifted their price objective on Broadcom from $520.00 to $546.00 and gave the stock a “buy” rating in a research report on Thursday, September 3rd. Bank of America cut their target price on Broadcom from $530.00 to $460.00 and set a “buy” rating on the stock in a research report on Thursday, September 3rd. Fox Advisors raised Broadcom to an “outperform” rating in a research note on Thursday, September 3rd. Rosenblatt Securities assumed coverage on Broadcom in a report on Thursday, September 3rd. They issued a “buy” rating and a $600.00 target price for the company. Finally, Royal Bank Of Canada began coverage on Broadcom in a research note on Thursday, September 3rd. They issued an “outperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Broadcom currently has an average rating of “Moderate Buy” and an average price target of $527.20.

Read Our Latest Research Report on Broadcom

Broadcom Stock Performance

Shares of Broadcom stock opened at $360.14 on Friday. The business has a 50-day simple moving average of $371.79 and a 200 day simple moving average of $382.52. Broadcom Inc. has a one year low of $289.96 and a one year high of $495.00. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.50 and a quick ratio of 2.29. The firm has a market capitalization of $1.72 trillion, a price-to-earnings ratio of 45.99 and a beta of 1.46.

Broadcom (NASDAQ:AVGO – Get Free Report) last released its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 EPS for the quarter, beating the consensus estimate of $3.22 by $0.10. Broadcom had a return on equity of 48.33% and a net margin of 42.94%.The firm had revenue of $29.59 billion during the quarter, compared to the consensus estimate of $29.24 billion. During the same quarter in the previous year, the company posted $1.69 earnings per share. The company’s quarterly revenue was up 85.5% on a year-over-year basis. On average, research analysts anticipate that Broadcom Inc. will post 10.37 earnings per share for the current fiscal year.

Broadcom Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st were paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, September 21st. Broadcom’s dividend payout ratio (DPR) is 33.21%.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Broadcom is reportedly arranging more than $50 billion in financing for custom AI chips being developed with OpenAI. The project could substantially expand Broadcom’s AI-chip opportunity and validate demand from one of the industry’s largest customers. Apollo Global Management and Blackstone are among the potential lenders, although discussions remain preliminary. Broadcom seeks more than $50 billion to finance OpenAI AI chips
Positive Sentiment: At the 2026 OCP Global Summit, Broadcom highlighted networking products designed to support scale-up and scale-out AI clusters. Stronger Ethernet networking demand could complement its custom accelerators and switching businesses as hyperscalers expand AI infrastructure. Broadcom Redefines AI Infrastructure with Industry-Leading Networking Innovations
Positive Sentiment: Analysts and financial commentators continue to point to rapid growth in Broadcom’s custom AI-chip and networking businesses. The company’s technology was also included in Arista Networks’ new open Ethernet rack initiative, reinforcing Broadcom’s role in the broader AI infrastructure ecosystem. Broadcom CEO Holds $350B Outlook Strong
Neutral Sentiment: Heavy trading in Broadcom call options and bullish technical commentary indicate that some traders expect a rebound, but these signals reflect positioning rather than changes to the company’s fundamentals. Stock Traders Buy High Volume of Broadcom Call Options
Negative Sentiment: The proposed financing raises concerns about leverage, repayment risk and whether AI chips could become obsolete before long-term debt matures. The financing is not finalized, and its size and terms could change, creating uncertainty for investors. SpaceX, Broadcom and Oracle All Want Billions in AI Chip Debt
Negative Sentiment: Broadcom’s valuation remains demanding at roughly 46 times earnings, leaving the stock vulnerable to profit-taking if investors question the pace of AI spending or the company’s ability to convert projected growth into cash flow.

Broadcom Profile

(Free Report)

Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops, and supplies semiconductor and infrastructure software products. Its semiconductor solutions support wired and wireless communications, data center networking, broadband access, storage, industrial applications, and other markets.

The company’s semiconductor portfolio includes networking and switching products, custom application-specific integrated circuits, wireless connectivity components, radio-frequency devices, optical components, and storage-related solutions.