Broadcom Inc. $AVGO Holdings Lessened by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lessened its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 7.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,065,797 shares of the semiconductor manufacturer’s stock after selling 239,585 shares during the quarter. Broadcom makes up 3.4% of Los Angeles Capital Management LLC’s portfolio, making the stock its 5th largest holding. Los Angeles Capital Management LLC’s holdings in Broadcom were worth $1,011,437,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Broadcom by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock worth $133,261,046,000 after acquiring an additional 6,222,802 shares in the last quarter. State Street Corp boosted its position in shares of Broadcom by 0.5% in the second quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer’s stock worth $51,071,601,000 after purchasing an additional 873,963 shares during the period. Geode Capital Management LLC boosted its position in shares of Broadcom by 2.1% in the second quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer’s stock worth $29,827,649,000 after purchasing an additional 2,226,585 shares during the period. Norges Bank purchased a new stake in shares of Broadcom in the second quarter worth $18,579,549,000. Finally, Invesco Ltd. raised its position in shares of Broadcom by 8.4% during the 2nd quarter. Invesco Ltd. now owns 38,449,630 shares of the semiconductor manufacturer’s stock valued at $10,598,641,000 after purchasing an additional 2,978,768 shares during the period. Institutional investors own 76.43% of the company’s stock.

Broadcom Trading Up 0.4%

Shares of AVGO opened at $347.62 on Monday. Broadcom Inc. has a fifty-two week low of $138.10 and a fifty-two week high of $414.61. The stock has a market capitalization of $1.65 trillion, a PE ratio of 73.03, a P/E/G ratio of 1.17 and a beta of 1.21. The company’s fifty day moving average is $362.90 and its 200 day moving average is $328.40. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.58 and a current ratio of 1.71.

Broadcom (NASDAQ:AVGO) last posted its earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.87 by $0.08. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The firm had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the previous year, the firm posted $1.42 EPS. The business’s quarterly revenue was up 28.2% on a year-over-year basis. Sell-side analysts expect that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were given a $0.65 dividend. This is a boost from Broadcom’s previous quarterly dividend of $0.59. This represents a $2.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Monday, December 22nd. Broadcom’s dividend payout ratio is 54.62%.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Susquehanna reaffirmed a “positive” rating and issued a $450.00 target price (up previously from $400.00) on shares of Broadcom in a report on Thursday, December 4th. Morgan Stanley upped their price objective on Broadcom from $443.00 to $462.00 and gave the stock an “overweight” rating in a research note on Friday, December 12th. Sanford C. Bernstein reiterated an “outperform” rating and set a $475.00 target price (up previously from $400.00) on shares of Broadcom in a research report on Friday, December 12th. Barclays reissued an “overweight” rating and issued a $500.00 price target (up from $450.00) on shares of Broadcom in a report on Friday, December 12th. Finally, Oppenheimer lifted their price objective on shares of Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Broadcom has an average rating of “Buy” and an average target price of $436.33.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom is highlighted as a primary beneficiary of the AI networking upgrade cycle; the company has sizable AI-related backlog (Fool cites roughly $20B of non-accelerator AI backlog), which supports persistent revenue visibility for networking products. The Market May Be Underestimating This AI Trend
• Positive Sentiment: Wall Street bullishness: several analysts see meaningful upside for AVGO (some commentary points to >30% upside), and recent consensus price targets sit well above the current price — supportive for medium‑term upside if execution continues. Is Broadcom stock a buy for 2026? Analysts predict over 30% upside
• Positive Sentiment: Analyst model upgrades: Zacks and other research teams have raised multi‑year EPS forecasts materially (FY2026–FY2028 EPS were lifted), implying higher earnings growth that could justify a richer multiple if realized.
• Neutral Sentiment: Social and market chatter is mixed: summaries note a reported $73B AI order backlog cited in social posts (large but sometimes conflated across categories) while also flagging disappointment with parts of recent guidance — this keeps sentiment volatile. Broadcom Inc. Stock (AVGO) Opinions on AI Backlog and Earnings Guidance
• Neutral Sentiment: Macro/market context: MarketBeat notes a tech‑led start to 2026 — favorable for AVGO — but warns Fed policy and upcoming macro data could swing sentiment. MarketBeat Week in Review – 12/29 – 01/02
• Negative Sentiment: Valuation and re‑rating risk: Yahoo Finance discusses a re‑assessment of valuation after a multi‑year run and recent share softness — with AVGO trading at a premium multiple, expectations are already high and could cap near‑term gains if growth or guidance slips. Broadcom (AVGO): Assessing Valuation After Recent Share Price Softness and Multi‑Year Run

Insiders Place Their Bets

In other news, insider Mark David Brazeal sold 25,921 shares of the company’s stock in a transaction that occurred on Friday, December 26th. The stock was sold at an average price of $352.07, for a total transaction of $9,126,006.47. Following the transaction, the insider owned 240,573 shares of the company’s stock, valued at approximately $84,698,536.11. This represents a 9.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Charlie B. Kawwas sold 1,928 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $327.80, for a total value of $631,998.40. Following the sale, the insider directly owned 23,582 shares of the company’s stock, valued at $7,730,179.60. This represents a 7.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 650,701 shares of company stock valued at $239,190,157. 2.00% of the stock is currently owned by company insiders.

Broadcom 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.