Sarasin & Partners LLP Grows Stake in Broadcom Inc. $AVGO

Sarasin & Partners LLP increased its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 16.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 832,057 shares of the semiconductor manufacturer’s stock after acquiring an additional 119,119 shares during the period. Broadcom accounts for 3.0% of Sarasin & Partners LLP’s holdings, making the stock its 11th biggest position. Sarasin & Partners LLP’s holdings in Broadcom were worth $287,975,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. GSG Advisors LLC grew its holdings in Broadcom by 3.3% in the fourth quarter. GSG Advisors LLC now owns 5,703 shares of the semiconductor manufacturer’s stock valued at $1,974,000 after purchasing an additional 181 shares during the last quarter. Nordea Investment Management AB raised its stake in shares of Broadcom by 47.5% during the 4th quarter. Nordea Investment Management AB now owns 9,814,757 shares of the semiconductor manufacturer’s stock worth $3,406,211,000 after buying an additional 3,160,586 shares during the last quarter. Occidental Asset Management LLC raised its stake in shares of Broadcom by 29.7% during the 4th quarter. Occidental Asset Management LLC now owns 4,271 shares of the semiconductor manufacturer’s stock worth $1,478,000 after buying an additional 979 shares during the last quarter. Cooper Financial Group boosted its position in shares of Broadcom by 13.8% in the 4th quarter. Cooper Financial Group now owns 62,395 shares of the semiconductor manufacturer’s stock worth $21,595,000 after buying an additional 7,581 shares in the last quarter. Finally, Kure Advisory LLC boosted its position in shares of Broadcom by 15.6% in the 4th quarter. Kure Advisory LLC now owns 1,229 shares of the semiconductor manufacturer’s stock worth $425,000 after buying an additional 166 shares in the last quarter. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Bullish AI revenue thesis — analysts and Broadcom management signal very large AI revenue potential (management sees >$100B in 2027; analysts model materially higher using gigawatt math), supporting long-term upside. Why Broadcom’s $100B AI Revenue Forecast May Be Conservative
• Positive Sentiment: Bernstein upgrade and analyst bullishness have buoyed sentiment and drove recent gains — a catalyst for positive reassessment of growth prospects. Broadcom Stock Surges on Bernstein Upgrade
• Positive Sentiment: Infrastructure software momentum — launch of Symantec CBX and strong Infrastructure Software/VMware bookings point to recurring revenue growth and higher margins. AVGO’s Symantec CBX Expands Security Portfolio
• Positive Sentiment: New government/defense win — Broadcom’s DISA/Carahsoft agreement and near-$1B defense contract add a stable, high-value customer channel. Defense Contract
• Neutral Sentiment: Media and analyst coverage remains largely favorable (buy-and-hold narratives, Jim Cramer mentions) but mostly reiterative rather than new information. Jim Cramer Coverage
• Neutral Sentiment: Short-interest entries appear to show data anomalies (zeros/NaN); not actionable as reported but worth monitoring if accurate updates follow.
• Negative Sentiment: Supply-chain risk — Broadcom flagged TSMC capacity constraints and other component shortages, which could limit the company’s ability to fulfill fast-growing AI demand and press near-term revenues. TSMC Capacity Bottleneck
• Negative Sentiment: Regulatory/legal risk — a formal EU antitrust complaint over VMware licensing could lead to regulatory scrutiny, potential remedies or fines in Europe that would affect the infrastructure software business. EU Antitrust Complaint

Broadcom Trading Down 1.3%

Shares of AVGO stock opened at $318.29 on Wednesday. The company has a market capitalization of $1.51 trillion, a price-to-earnings ratio of 62.17, a PEG ratio of 0.69 and a beta of 1.22. The company has a current ratio of 1.90, a quick ratio of 1.73 and a debt-to-equity ratio of 0.80. The firm has a 50-day moving average price of $329.11 and a 200 day moving average price of $345.61. Broadcom Inc. has a twelve month low of $138.10 and a twelve month high of $414.61.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.03 by $0.02. The company had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. The firm’s revenue for the quarter was up 29.5% compared to the same quarter last year. During the same period last year, the company earned $1.60 EPS. Research analysts forecast that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 23rd will be given a dividend of $0.65 per share. The ex-dividend date is Monday, March 23rd. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. Broadcom’s dividend payout ratio (DPR) is 50.78%.

Insider Activity

In other Broadcom news, insider Mark David Brazeal sold 50,488 shares of Broadcom stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total value of $16,236,940.80. Following the completion of the sale, the insider directly owned 278,141 shares of the company’s stock, valued at approximately $89,450,145.60. The trade was a 15.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Hock E. Tan sold 70,000 shares of the business’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $347.30, for a total value of $24,311,000.00. Following the completion of the transaction, the chief executive officer owned 132,836 shares of the company’s stock, valued at $46,133,942.80. This trade represents a 34.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 428,970 shares of company stock valued at $142,585,321 in the last 90 days. Insiders own 1.90% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Morgan Stanley raised their target price on shares of Broadcom from $462.00 to $470.00 and gave the company an “overweight” rating in a report on Friday, March 6th. KeyCorp reaffirmed an “overweight” rating and issued a $500.00 price target (up from $460.00) on shares of Broadcom in a report on Friday, December 12th. Susquehanna reiterated a “positive” rating and issued a $450.00 price target (up from $400.00) on shares of Broadcom in a research report on Thursday, December 4th. Wells Fargo & Company raised shares of Broadcom from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $410.00 to $430.00 in a research note on Thursday, January 15th. Finally, Bank of America cut their price objective on Broadcom from $500.00 to $450.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $435.30.

Broadcom Company 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.