Broadcom Inc. $AVGO Stock: Loftus Peak Pty Ltd Grows Holdings

Loftus Peak Pty Ltd raised its holdings in Broadcom Inc. (NASDAQ:AVGO) by 54.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 100,214 shares of the semiconductor manufacturer’s stock after buying an additional 35,153 shares during the period. Broadcom comprises about 4.1% of Loftus Peak Pty Ltd’s holdings, making the stock its 8th largest position. Loftus Peak Pty Ltd’s holdings in Broadcom were worth $35,194,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in AVGO. Cornerstone Advisors LLC bought a new stake in Broadcom during the second quarter valued at $92,522,000. GAMMA Investing LLC grew 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 worth $55,889,000 after buying an additional 13,317 shares in the last quarter. ANB Bank bought a new position in Broadcom in the 3rd quarter worth about $1,181,000. Bank of America Corp DE increased its stake in Broadcom by 1.5% in the 1st quarter. Bank of America Corp DE now owns 58,737,097 shares of the semiconductor manufacturer’s stock worth $18,179,719,000 after acquiring an additional 894,564 shares during the last quarter. Finally, Clear Harbor Asset Management LLC bought a new position in Broadcom in the 2nd quarter worth about $3,302,000. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom’s AI business remains a major growth driver. Reports highlight 221% growth in AI chip sales, strong demand for custom accelerators, and hyperscaler interest in alternatives to Nvidia’s higher-cost architecture. Some analysts believe Broadcom could benefit as AI spending broadens beyond Nvidia. Prediction: Broadcom Could Be the AI Winner After Nvidia
• Positive Sentiment: Bullish coverage points to Broadcom’s combination of high-margin semiconductors, networking products, custom silicon, and recurring infrastructure software revenue. Supporters argue that weaker non-AI segments are masking strong execution and creating a long-term buying opportunity. I’m Simply Not Worried About Broadcom’s Multi-Segment Drag
• Neutral Sentiment: Comparisons with Nvidia, Applied Materials, Marvell Technology, and SK Hynix emphasize Broadcom’s differentiated exposure to networking and custom AI chips, although SK Hynix recently showed stronger overall revenue momentum. These comparisons reinforce the investment debate rather than introduce a new company-specific catalyst. Broadcom vs. SK Hynix Revenue Trends
• Negative Sentiment: Tan cautioned that AI investing is becoming “casino”-like and that investors may underestimate how difficult it will be for AI companies to earn returns as spending and financing costs rise. He warned that tighter capital availability could slow AI infrastructure expansion. Broadcom CEO Hock Tan Warning About Casino-Like Investing
• Negative Sentiment: Investors are also examining potential off-balance-sheet financing and a reported $50 billion debt arrangement, increasing concern about leverage and counterparty risks if AI demand or customer returns weaken. Broadcom Off-Balance-Sheet Financing Risk
• Negative Sentiment: Apple’s reported cuts to iPhone 18 Pro component orders raise questions about Broadcom’s smartphone-related sales, while the continuing technology sell-off is weighing on high-valuation AI stocks broadly. Apple Cut iPhone 18 Orders

Analysts Set New Price Targets

Several analysts have weighed in on AVGO shares. Wall Street Zen cut Broadcom from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Citic Securities raised Broadcom to a “buy” rating and boosted their price objective for the stock from $450.00 to $525.00 in a report on Tuesday, September 8th. TD Cowen restated a “buy” rating and issued a $475.00 price objective (down from $500.00) on shares of Broadcom in a research report on Thursday, September 3rd. Sanford C. Bernstein restated a “buy” rating on shares of Broadcom in a research report on Monday, September 21st. Finally, Rosenblatt Securities initiated coverage on shares of Broadcom in a research note on Thursday, September 3rd. They issued a “buy” rating and a $600.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $527.20.

Broadcom Stock Down 0.6%

Shares of NASDAQ:AVGO opened at $344.33 on Friday. Broadcom Inc. has a 52-week low of $289.96 and a 52-week high of $495.00. The firm has a fifty day moving average of $366.31 and a 200 day moving average of $383.89. The firm has a market capitalization of $1.64 trillion, a PE ratio of 43.98 and a beta of 1.46. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.29 and a current ratio of 2.50.

Broadcom (NASDAQ:AVGO) last released its earnings results on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $29.24 billion. During the same quarter in the prior year, the firm earned $1.69 earnings per share. The firm’s revenue was up 85.5% on a year-over-year basis. As a group, research analysts anticipate 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. 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 annualized dividend and a dividend yield of 0.8%. Broadcom’s dividend payout ratio is 33.21%.

Broadcom Company Profile

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.