SeaTown Holdings Pte. Ltd. Invests $10.29 Million in Broadcom Inc. $AVGO

SeaTown Holdings Pte. Ltd. acquired a new position in shares of Broadcom Inc. (NASDAQ:AVGO) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 31,200 shares of the semiconductor manufacturer’s stock, valued at approximately $10,293,000. Broadcom makes up approximately 5.9% of SeaTown Holdings Pte. Ltd.’s holdings, making the stock its 9th biggest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new position in Broadcom during the 2nd quarter worth approximately $18,579,549,000. Vanguard Group Inc. raised its position in Broadcom by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 483,442,939 shares of the semiconductor manufacturer’s stock worth $133,261,046,000 after buying an additional 6,222,802 shares during the last quarter. Edgewood Management LLC purchased a new position in shares of Broadcom during the 2nd quarter worth approximately $1,571,438,000. Massachusetts Financial Services Co. MA lifted its holdings in Broadcom by 115.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,017,340 shares of the semiconductor manufacturer’s stock valued at $1,658,680,000 after acquiring an additional 3,224,739 shares during the period. Finally, Invesco Ltd. boosted its stake 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 worth $10,598,641,000 after acquiring an additional 2,978,768 shares in the last quarter. Institutional investors and hedge funds own 76.43% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Truist Financial raised their price objective on shares of Broadcom from $500.00 to $510.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. DA Davidson raised shares of Broadcom to a “hold” rating in a research report on Friday, February 13th. Bank of America upped their price target on Broadcom from $460.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Morgan Stanley lifted their price target on shares of Broadcom from $443.00 to $462.00 and gave the company an “overweight” rating in a research report on Friday, December 12th. Finally, Susquehanna reissued a “positive” rating and issued a $450.00 price objective (up from $400.00) on shares of Broadcom in a research report on Thursday, December 4th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $433.13.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom launched its BroadPeak chip aimed at 5G Advanced/6G that cuts power consumption ~40% and targets carrier and infrastructure upgrade cycles — a potential long-term revenue driver. Broadcom Inc. (AVGO) Launches BroadPeak, Here’s What You Should Know
• Positive Sentiment: Analysts and firm notes highlight AI tailwinds and a higher long-term valuation baked into models — supporting upside expectations for semiconductor and AI revenue. TD Cowen Adjusts Broadcom (AVGO) Valuation, Highlights Long-Term AI Tailwinds
• Positive Sentiment: Market commentary (and some analysts) position Broadcom as a buy ahead of earnings, citing its growing AI chip business layered on a stable legacy base. Here’s Why Broadcom Stock Is a Buy Before March 4
• Positive Sentiment: Company forecasts and analyst previews expect AI revenue to double and semiconductor revenue to grow strongly, raising expectations for an earnings beat next week. AVGO Expands Connectivity Portfolio to Tap 6G: What’s Ahead?
• Positive Sentiment: Several previews (Seeking Alpha, Zacks) argue Broadcom is positioned for another “double-beat” on revenue and EPS, which is likely supporting buying into the report. Broadcom: Set For Another Double-Beat Next Week (Earnings Preview)
• Neutral Sentiment: Wall Street note: analysts expect earnings growth next week but Zacks cautions Broadcom may not have the typical setup for an easy beat — watch guides and AI revenue disclosure. Broadcom Inc. (AVGO) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Broadcom’s next quarterly dividend was reiterated with a payment date in late March, supporting the stock’s income profile but not materially changing growth outlook. Broadcom to pay dividends on March 31; Here’s how much 100 AVGO shares will earn
• Neutral Sentiment: Coverage pieces and trading commentary note the stock is higher intraday but many analysts say the “real move” will depend on the upcoming earnings release and AI revenue details. Broadcom stock is up 3% today, but analysts say real move is ahead
• Negative Sentiment: Recent session note: the stock had a pullback yesterday, indicating some near-term volatility ahead of results. Broadcom Inc. (AVGO) Stock Declines While Market Improves: Some Information for Investors

Broadcom Stock Performance

Broadcom stock opened at $332.31 on Thursday. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $414.61. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.71 and a quick ratio of 1.58. The company has a market capitalization of $1.58 trillion, a price-to-earnings ratio of 69.81, a price-to-earnings-growth ratio of 1.04 and a beta of 1.21. The firm’s fifty day moving average price is $336.92 and its 200 day moving average price is $342.35.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, topping the consensus estimate of $1.87 by $0.08. Broadcom had a return on equity of 37.45% and a net margin of 36.20%.The business had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter in the previous year, the firm posted $1.42 earnings per share. The company’s revenue was up 28.2% compared to the same quarter last year. On average, research analysts forecast that Broadcom Inc. will post 5.38 EPS 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 paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date was Monday, December 22nd. Broadcom’s payout ratio is presently 54.62%.

Insider Activity at Broadcom

In other news, CFO Kirsten M. Spears sold 30,000 shares of the stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $347.82, for a total transaction of $10,434,600.00. Following the transaction, the chief financial officer owned 277,237 shares of the company’s stock, valued at approximately $96,428,573.34. This trade represents a 9.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Henry Samueli sold 320,316 shares of Broadcom stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $400.53, for a total value of $128,296,167.48. Following the completion of the transaction, the director owned 37,326,540 shares of the company’s stock, valued at $14,950,399,066.20. This trade represents a 0.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 779,101 shares of company stock valued at $283,804,325. 2.00% of the stock is owned by insiders.

About Broadcom

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.