Lincoln Capital Corp Has $5.60 Million Position in Broadcom Inc. $AVGO

Lincoln Capital Corp lowered its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 13.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,182 shares of the semiconductor manufacturer’s stock after selling 2,557 shares during the quarter. Broadcom accounts for about 2.0% of Lincoln Capital Corp’s investment portfolio, making the stock its 17th biggest holding. Lincoln Capital Corp’s holdings in Broadcom were worth $5,601,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. RFG Bristol Wealth Advisors LLC boosted its holdings in shares of Broadcom by 0.9% in the fourth quarter. RFG Bristol Wealth Advisors LLC now owns 14,994 shares of the semiconductor manufacturer’s stock valued at $5,189,000 after buying an additional 128 shares during the period. tru Independence LLC boosted its holdings in shares of Broadcom by 21.2% in the fourth quarter. tru Independence LLC now owns 1,377 shares of the semiconductor manufacturer’s stock valued at $477,000 after buying an additional 241 shares during the period. Richardson Financial Services Inc. boosted its holdings in shares of Broadcom by 6.2% in the fourth quarter. Richardson Financial Services Inc. now owns 3,160 shares of the semiconductor manufacturer’s stock valued at $1,093,000 after buying an additional 184 shares during the period. City Holding Co. boosted its holdings in shares of Broadcom by 113.1% in the fourth quarter. City Holding Co. now owns 17,651 shares of the semiconductor manufacturer’s stock valued at $6,109,000 after buying an additional 9,367 shares during the period. Finally, Madrona Financial Services LLC boosted its holdings in shares of Broadcom by 3.6% in the fourth quarter. Madrona Financial Services LLC now owns 2,215 shares of the semiconductor manufacturer’s stock valued at $767,000 after buying an additional 78 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

Analyst Upgrades and Downgrades

AVGO has been the subject of several research analyst reports. Seaport Research Partners reiterated a “neutral” rating on shares of Broadcom in a report on Wednesday, April 8th. Wells Fargo & Company upgraded shares of Broadcom from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $410.00 to $430.00 in a report on Thursday, January 15th. JPMorgan Chase & Co. upped their price target on shares of Broadcom from $475.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, March 5th. DA Davidson upgraded shares of Broadcom to a “hold” rating in a report on Friday, February 13th. Finally, Bank of America reduced their price target on shares of Broadcom from $500.00 to $450.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Broadcom presently has an average rating of “Moderate Buy” and an average price target of $435.30.

Broadcom Stock Performance

Shares of AVGO opened at $398.47 on Friday. Broadcom Inc. has a 12 month low of $161.61 and a 12 month high of $414.61. The firm has a fifty day simple moving average of $331.89 and a 200 day simple moving average of $344.53. The stock has a market capitalization of $1.89 trillion, a price-to-earnings ratio of 77.83, a PEG ratio of 0.82 and a beta of 1.24. 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 (NASDAQ:AVGO) last announced its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 EPS for the quarter, topping the consensus estimate of $2.03 by $0.02. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The business had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $19.10 billion. During the same quarter in the prior year, the company posted $1.60 earnings per share. The firm’s revenue was up 29.5% on a year-over-year basis. Research analysts forecast that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 23rd were issued a dividend of $0.65 per share. The ex-dividend date was Monday, March 23rd. This represents a $2.60 annualized dividend and a yield of 0.7%. Broadcom’s dividend payout ratio is presently 50.78%.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Expanded Meta tie-up materially boosts multi‑year AI revenue visibility — Broadcom and Meta extended a multi‑generation partnership through at least 2029 to co‑develop MTIA AI accelerators and Ethernet networking, with an initial commitment of more than 1GW of custom compute capacity. AI’s Cash Splash Continues: Meta Platforms and Broadcom Expand Custom Chip Partnership
• Positive Sentiment: Deals with other big AI customers broaden demand — reports that Broadcom has secured multi‑year partnerships with Google and Anthropic (and similar coverage of new customer wins) signal multi‑customer, multi‑generation demand for Broadcom’s custom accelerators and networking. Broadcom (AVGO) Stock Climbs 28% on Major AI Partnerships With Tech Giants
• Positive Sentiment: Analyst upgrades and media endorsements are amplifying buying interest — Jim Cramer and several firms have highlighted Broadcom as the key play on Meta’s chip program, and a number of brokers have raised targets, supporting momentum. Cramer says Broadcom is the real play in Meta’s chip partnership
• Neutral Sentiment: Software/AI platform moves expand TAM — Broadcom announced Tanzu Platform agent foundations for secure agentic runtimes, which supports its enterprise software strategy but is a longer‑term revenue play relative to the hyperscaler deals. Broadcom Announces Tanzu Platform Agent Foundations
• Negative Sentiment: Insider selling continues — recent filings show executives/directors trimming positions, which can weigh on near‑term sentiment despite company growth narrative. Broadcom insider selling (MarketBeat)
• Negative Sentiment: Concentration and competitive risk remain — analysts warn that heavy exposure to a few hyperscalers and fierce competition (e.g., NVIDIA and in‑house designs) could limit upside or inject volatility if sourcing/pricing dynamics shift. Broadcom Meta Chip Alliance Deepens AI Ties And Concentration Risks

Insider Buying and Selling at Broadcom

In related news, insider Mark David Brazeal sold 50,488 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total transaction of $16,236,940.80. Following the completion of the transaction, the insider owned 278,141 shares in the company, valued at approximately $89,450,145.60. This represents a 15.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Kirsten M. Spears sold 36,292 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total transaction of $11,671,507.20. Following the sale, the chief financial officer directly owned 327,760 shares in the company, valued at $105,407,616. This trade represents a 9.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 324,282 shares of company stock worth $106,425,249. Company insiders own 1.90% of the company’s stock.

Broadcom Company Profile

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.