Broadcom Inc. $AVGO Shares Bought by Talbot Financial LLC

Talbot Financial LLC boosted its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 2.5% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 85,181 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,053 shares during the period. Broadcom makes up approximately 2.1% of Talbot Financial LLC’s portfolio, making the stock its 14th biggest holding. Talbot Financial LLC’s holdings in Broadcom were worth $29,915,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AVGO. State Street Corp boosted its stake in shares of Broadcom by 8.7% in the second quarter. State Street Corp now owns 208,031,610 shares of the semiconductor manufacturer’s stock worth $75,367,711,000 after buying an additional 16,651,378 shares during the last quarter. Bank of America Corp DE grew its holdings in Broadcom by 4.6% during the second quarter. Bank of America Corp DE now owns 61,423,013 shares of the semiconductor manufacturer’s stock worth $23,202,543,000 after acquiring an additional 2,685,916 shares during the period. Wellington Management Group LLP raised its position in Broadcom by 3.8% during the second quarter. Wellington Management Group LLP now owns 51,580,703 shares of the semiconductor manufacturer’s stock valued at $19,484,611,000 after acquiring an additional 1,892,721 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Broadcom by 2.9% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 40,180,530 shares of the semiconductor manufacturer’s stock valued at $15,178,195,000 after acquiring an additional 1,140,598 shares in the last quarter. Finally, Legal & General Group Plc purchased a new position in Broadcom during the second quarter valued at approximately $11,998,148,000. 76.43% of the stock is owned by institutional investors and hedge funds.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: 10-year NTT DOCOMO agreement: Broadcom will help NTT DOCOMO advance its private cloud using VMware Cloud Foundation. The deal supports recurring software revenue, strengthens VMware’s position in enterprise infrastructure, and could improve confidence in Broadcom’s post-acquisition software strategy. Broadcom to Advance NTT DOCOMO’s Private Cloud with VMware Cloud Foundation
• Positive Sentiment: AI-chip momentum remains strong: Reports highlight Broadcom’s AI-chip sales growth of approximately 236%, with recent performance exceeding Wall Street expectations. Continued hyperscaler spending on custom silicon and networking equipment supports the company’s growth outlook. Broadcom Sees AI Chip Sales Up 236%, but Who Is Paying?
• Positive Sentiment: Semiconductor rebound thesis: Short interest in the leveraged SOXL semiconductor ETF has fallen sharply while institutional investors, including JPMorgan, have increased exposure. This suggests some investors view the sector’s sell-off as a temporary valuation reset rather than a deterioration in chip demand. Chip Stocks Are Sliding—Why Is Smart Money Buying?
• Neutral Sentiment: OpenAI fundraising highlights AI demand but benefits Nvidia more directly: OpenAI is reportedly seeking roughly $30 billion at a valuation above $1.4 trillion, while Nvidia agreed to guarantee up to $105 billion of obligations tied to an Ohio campus. The development reinforces AI infrastructure demand, but the announced financing has no direct Broadcom commitment. OpenAI Is Reportedly Raising $30 Billion. Which Chip Stock Gains the Most?
• Negative Sentiment: AI bubble and execution concerns: CEO Hock Tan’s comments comparing AI investment conditions to a “casino,” along with warnings about capital constraints, have unsettled retail investors. Broader concerns about an AI bubble and semiconductor supply bottlenecks are contributing to risk reduction across chip stocks. AI Stocks Are Flashing a Bubble-Burst Warning
• Negative Sentiment: Technical and valuation pressure persists: AVGO is trading well below its 52-week high and below both its 50-day and 200-day moving averages. With a forward growth story already reflected in a high valuation, investors may remain sensitive to any slowdown in AI orders or customer concentration concerns.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. KeyCorp restated an “overweight” rating and issued a $575.00 price objective on shares of Broadcom in a research report on Thursday, September 3rd. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Broadcom in a research note on Monday, September 21st. BNP Paribas Exane lifted their target price on shares of Broadcom from $675.00 to $715.00 and gave the company an “outperform” rating in a report on Friday, September 4th. Truist Financial decreased their target price on shares of Broadcom from $550.00 to $520.00 and set a “buy” rating for the company in a research note on Thursday, September 3rd. Finally, Bank of America lowered their price target on shares of Broadcom from $530.00 to $460.00 and set a “buy” rating on the stock in a report on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $527.20.

Broadcom Stock Performance

NASDAQ AVGO opened at $334.37 on Wednesday. The stock has a market capitalization of $1.60 trillion, a price-to-earnings ratio of 42.70 and a beta of 1.46. The stock has a 50-day moving average of $360.94 and a 200 day moving average of $384.47. The company has a current ratio of 2.50, a quick ratio of 2.29 and a debt-to-equity ratio of 0.57. Broadcom Inc. has a twelve month low of $289.96 and a twelve month high of $495.00.

Broadcom (NASDAQ:AVGO) last issued 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. The company had revenue of $29.59 billion for the quarter, compared to analyst estimates of $29.24 billion. Broadcom had a return on equity of 48.33% and a net margin of 42.94%. Broadcom’s quarterly revenue was up 85.5% compared to the same quarter last year. During the same period last year, the company earned $1.69 earnings per share. Sell-side analysts anticipate that Broadcom Inc. will post 10.37 EPS for the current fiscal year.

Broadcom Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st were given a dividend of $0.65 per share. The ex-dividend date was Monday, September 21st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. Broadcom’s dividend payout ratio (DPR) is 33.21%.

Broadcom Profile

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

The company’s semiconductor portfolio includes networking and switching components, custom accelerators, connectivity and wireless devices, broadband equipment, optical products, storage controllers and related infrastructure technologies.