Temasek Holdings Private Ltd Has $529.67 Million Stock Holdings in Broadcom Inc. $AVGO

Temasek Holdings Private Ltd grew its stake in Broadcom Inc. (NASDAQ:AVGO) by 7.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,163,542 shares of the semiconductor manufacturer’s stock after acquiring an additional 211,611 shares during the period. Broadcom accounts for approximately 2.1% of Temasek Holdings Private Ltd’s holdings, making the stock its 15th largest position. Temasek Holdings Private Ltd owned approximately 0.07% of Broadcom worth $529,672,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of AVGO. Talon Private Wealth LLC boosted its position in Broadcom by 489.1% during the first quarter. Talon Private Wealth LLC now owns 13,833 shares of the semiconductor manufacturer’s stock valued at $2,375,000 after purchasing an additional 11,485 shares during the last quarter. Teza Capital Management LLC acquired a new position in shares of Broadcom during the 1st quarter worth approximately $685,000. Select Equity Group L.P. raised its stake in shares of Broadcom by 131.6% during the 1st quarter. Select Equity Group L.P. now owns 23,317 shares of the semiconductor manufacturer’s stock worth $3,904,000 after purchasing an additional 13,249 shares in the last quarter. Sepio Capital LP boosted its holdings in shares of Broadcom by 2.9% in the 1st quarter. Sepio Capital LP now owns 1,893 shares of the semiconductor manufacturer’s stock valued at $317,000 after buying an additional 54 shares during the last quarter. Finally, Raab & Moskowitz Asset Management LLC grew its stake in shares of Broadcom by 2.5% in the first quarter. Raab & Moskowitz Asset Management LLC now owns 14,471 shares of the semiconductor manufacturer’s stock valued at $2,423,000 after buying an additional 347 shares in the last quarter. Institutional investors own 76.43% of the company’s stock.

Insider Activity at Broadcom

In related news, Director Justine Page sold 800 shares of the firm’s stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $307.46, for a total value of $245,968.00. Following the transaction, the director owned 23,782 shares in the company, valued at approximately $7,312,013.72. This trade represents a 3.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Kirsten M. Spears sold 36,350 shares of the firm’s stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $261.27, for a total transaction of $9,497,164.50. Following the completion of the transaction, the chief financial officer directly owned 325,587 shares in the company, valued at approximately $85,066,115.49. This represents a 10.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 830,516 shares of company stock worth $217,286,457 in the last quarter. 2.00% of the stock is currently owned by corporate insiders.

Broadcom Trading Up 9.4%

Shares of Broadcom stock opened at $334.89 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.98 and a current ratio of 1.08. The firm has a 50-day moving average of $292.09 and a 200-day moving average of $237.31. Broadcom Inc. has a 52-week low of $134.90 and a 52-week high of $356.34. The stock has a market cap of $1.58 trillion, a PE ratio of 85.43, a PEG ratio of 2.38 and a beta of 1.16.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Thursday, September 4th. The semiconductor manufacturer reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.03. Broadcom had a net margin of 31.59% and a return on equity of 37.17%. The business had revenue of $15.95 billion for the quarter, compared to analyst estimates of $15.82 billion. During the same period last year, the firm earned $1.24 earnings per share. Broadcom’s revenue for the quarter was up 22.0% compared to the same quarter last year. Broadcom has set its Q4 2025 guidance at EPS. As a group, sell-side analysts forecast that Broadcom Inc. will post 5.38 EPS for the current year.

Broadcom Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 22nd will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $2.36 dividend on an annualized basis and a yield of 0.7%. Broadcom’s dividend payout ratio is currently 60.20%.

Wall Street Analysts Forecast Growth

AVGO has been the topic of several recent analyst reports. Morgan Stanley boosted their price objective on shares of Broadcom from $338.00 to $357.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd. Deutsche Bank Aktiengesellschaft raised their price target on Broadcom from $300.00 to $350.00 and gave the company a “buy” rating in a report on Friday. Sanford C. Bernstein upped their price objective on shares of Broadcom from $295.00 to $400.00 and gave the company an “outperform” rating in a report on Friday. Hsbc Global Res raised shares of Broadcom from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 24th. Finally, HSBC raised shares of Broadcom from a “hold” rating to a “buy” rating and set a $400.00 target price for the company in a report on Tuesday, June 24th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $351.00.

Broadcom Company Profile

Broadcom Inc designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.