22,269 Broadcom Inc. $AVGO Shares Acquired by Generate Investment Management Ltd

Generate Investment Management Ltd raised its holdings in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) by 11.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 223,461 shares of the semiconductor manufacturer’s stock after buying an additional 22,269 shares during the period. Broadcom comprises approximately 3.0% of Generate Investment Management Ltd’s investment portfolio, making the stock its 9th biggest position. Generate Investment Management Ltd’s holdings in Broadcom were worth $78,477,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Fullerton Advisors LLC boosted its holdings in Broadcom by 1.3% during the 1st quarter. Fullerton Advisors LLC now owns 1,989 shares of the semiconductor manufacturer’s stock valued at $616,000 after acquiring an additional 25 shares during the period. NORTHSTAR ASSET MANAGEMENT Co grew its position in Broadcom by 0.5% in the 1st quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 5,350 shares of the semiconductor manufacturer’s stock valued at $1,656,000 after acquiring an additional 25 shares during the last quarter. RFG Holdings Inc. increased its stake in Broadcom by 0.3% in the first quarter. RFG Holdings Inc. now owns 8,499 shares of the semiconductor manufacturer’s stock worth $2,631,000 after purchasing an additional 26 shares during the period. Yukon Wealth Management Inc. increased its stake in Broadcom by 1.1% in the first quarter. Yukon Wealth Management Inc. now owns 2,501 shares of the semiconductor manufacturer’s stock worth $774,000 after purchasing an additional 26 shares during the period. Finally, NerdWallet Wealth Partners LLC lifted its position in shares of Broadcom by 2.6% during the second quarter. NerdWallet Wealth Partners LLC now owns 1,057 shares of the semiconductor manufacturer’s stock worth $399,000 after purchasing an additional 27 shares during the last quarter. Institutional investors own 76.43% of the company’s stock.

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Broadcom Stock Down 2.6%

NASDAQ AVGO traded down $9.42 on Wednesday, reaching $347.89. 8,740,687 shares of the stock traded hands, compared to its average volume of 24,916,240. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.29 and a current ratio of 2.50. The company has a fifty day moving average price of $369.27 and a 200-day moving average price of $383.32. The company has a market cap of $1.66 trillion, a price-to-earnings ratio of 44.46 and a beta of 1.46. Broadcom Inc. has a 12 month low of $289.96 and a 12 month high of $495.00.

Broadcom (NASDAQ:AVGO – Get Free Report) last issued its earnings results on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share for the quarter, topping 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 business had revenue of $29.59 billion during the quarter, compared to analysts’ expectations of $29.24 billion. During the same period in the prior year, the business earned $1.69 EPS. The business’s revenue for the quarter was up 85.5% compared to the same quarter last year. As a group, research analysts forecast that Broadcom Inc. will post 10.37 EPS for the current fiscal year.

Broadcom Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 21st were issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, September 21st. Broadcom’s payout ratio is presently 33.21%.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom’s custom AI accelerator business continues to attract attention as hyperscalers diversify beyond Nvidia. Reports indicate the company has secured orders extending into 2028, supporting longer-term growth visibility. One Stock Could Benefit as AI Spending Moves Beyond Nvidia
• Positive Sentiment: Broadcom is preparing to launch an AI networking platform at the OCP Global Summit, potentially strengthening its position in the networking and connectivity infrastructure needed for large AI data centers. Broadcom To Launch AI Networking Platform
• Positive Sentiment: The company introduced VMware HyperArmor, a security product designed to protect VMware Cloud Foundation hypervisors from increasingly sophisticated cyberattacks without disrupting workloads. The announcement supports Broadcom’s infrastructure-software growth strategy. Broadcom Introduces VMware HyperArmor
• Neutral Sentiment: Erste Group modestly raised its fiscal 2027 EPS estimate to $17.59 from $17.54 but maintained a Hold rating, indicating limited immediate change to the analyst outlook. Broadcom Analyst Estimate
• Negative Sentiment: CEO Hock Tan warned that capital availability—not memory-chip supply—could become the biggest constraint on AI growth. His comparison of AI investing to a “casino” highlights concerns that investors may be underestimating financing risks and overestimating demand. Broadcom CEO Sees Capital Hurdle to AI Growth
• Negative Sentiment: Reports of a potential $50 billion debt deal are adding to investor focus on leverage and the ability of AI customers and infrastructure providers to finance massive expansion plans. Broader semiconductor profit-taking and recent concerns about OpenAI’s revenue outlook are also weighing on AI-stock sentiment. $50 Billion Debt Deal and Broadcom Stock

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AVGO. JPMorgan Chase & Co. reissued a “buy” rating on shares of Broadcom in a research note on Thursday, September 3rd. Jefferies Financial Group assumed coverage on shares of Broadcom in a research note on Thursday, September 3rd. They issued a “buy” rating and a $550.00 price target on the stock. Sanford C. Bernstein reiterated a “buy” rating on shares of Broadcom in a report on Monday, September 21st. KeyCorp reiterated an “overweight” rating and set a $575.00 price objective on shares of Broadcom in a report on Thursday, September 3rd. Finally, Fox Advisors raised shares of Broadcom to an “outperform” rating in a research report on Thursday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $527.20.

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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.

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