Johnson Financial Group Inc. Has $13.63 Million Stock Position in Broadcom Inc. $AVGO

Johnson Financial Group Inc. raised its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 10.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,305 shares of the semiconductor manufacturer’s stock after purchasing an additional 3,995 shares during the quarter. Broadcom accounts for approximately 0.5% of Johnson Financial Group Inc.’s investment portfolio, making the stock its 24th largest holding. Johnson Financial Group Inc.’s holdings in Broadcom were worth $13,627,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of 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 purchasing an additional 6,222,802 shares in the last quarter. State Street Corp lifted its position in shares of Broadcom by 0.5% during the 2nd quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer’s stock valued at $51,071,601,000 after acquiring an additional 873,963 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Broadcom by 2.1% during the 2nd quarter. Geode Capital Management LLC now owns 108,610,718 shares of the semiconductor manufacturer’s stock worth $29,827,649,000 after buying an additional 2,226,585 shares during the period. Norges Bank bought a new position in shares of Broadcom during the 2nd quarter worth about $18,579,549,000. Finally, Invesco Ltd. raised its holdings in Broadcom by 1.8% in the 3rd quarter. Invesco Ltd. now owns 39,149,651 shares of the semiconductor manufacturer’s stock worth $12,915,861,000 after acquiring an additional 700,021 shares during the last quarter. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Broadcom Stock Performance

Shares of NASDAQ AVGO opened at $335.97 on Friday. The firm has a fifty day moving average price of $333.24 and a 200-day moving average price of $344.15. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.90 and a quick ratio of 1.73. The stock has a market cap of $1.59 trillion, a PE ratio of 65.62, a price-to-earnings-growth ratio of 0.78 and a beta of 1.22. Broadcom Inc. has a 1 year low of $138.10 and a 1 year high of $414.61.

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

Broadcom Dividend Announcement

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

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Morgan Stanley raised its price target on AVGO to $470 and kept an Overweight rating after Broadcom’s strong quarterly print, reinforcing buy-side conviction. Morgan Stanley Raises PT on Broadcom
• Positive Sentiment: Broadcom began shipping a market-leading 102.4 Tbps switch (Tomahawk 6 family), strengthening its position in AI-scale networking hardware. Broadcom Now Shipping World’s First 102.4 Tbps Switch
• Positive Sentiment: Product wins for AI networking continued with Broadcom’s 3nm 400G/lane optical DSP (Taurus BCM83640), enabling higher-bandwidth transceivers for AI data centers. Broadcom Delivers Industry’s First 400G/lane Optical DSP
• Positive Sentiment: Broadcom has publicly forecasted an addressable AI-chip opportunity (reports cite >$100B in AI chip sales in 2027), supporting longer-term revenue upside and market-share gains vs. peers. Broadcom Rises on AI Chip Sales Forecasts for 2027
• Positive Sentiment: Coverage and bullish commentary (Seeking Alpha, Yahoo Finance) highlight new liquid-cooled XPUs and optics as additional catalysts that triggered recent rallies. Broadcom Is Up After Liquid-Cooled AI XPUs & 400G Optics
• Neutral Sentiment: Broadcom honored channel partners (11:11 Systems named VMware Cloud Service Provider Partner of the Year), a routine corporate recognition with limited stock impact. 11:11 Systems Named Broadcom VMware Cloud Service Provider Partner of the Year
• Neutral Sentiment: Published short-interest figures in recent data appear erroneous (reported as zero shares); no clear signal of elevated short pressure. (Likely a data/reporting issue.)
• Negative Sentiment: Despite positive catalysts, AVGO carries a rich valuation (P/E ~65) and is trading below its 200‑day moving average — factors that can prompt profit-taking or restraint from value-oriented funds and help explain intraday softness.

Insider Transactions at Broadcom

In other news, CEO Hock E. Tan sold 70,000 shares of the stock in a transaction dated 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 sale, the chief executive officer directly owned 132,836 shares in the company, valued at $46,133,942.80. This represents a 34.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Mark David Brazeal sold 30,000 shares of the company’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $347.12, for a total transaction of $10,413,600.00. Following the transaction, the insider directly owned 210,573 shares of the company’s stock, valued at $73,094,099.76. This represents a 12.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 458,785 shares of company stock valued at $155,508,157. 1.90% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Sanford C. Bernstein reiterated an “outperform” rating and issued a $475.00 price objective (up from $400.00) on shares of Broadcom in a report on Friday, December 12th. Zacks Research lowered Broadcom from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 4th. DA Davidson raised Broadcom to a “hold” rating in a research note on Friday, February 13th. Robert W. Baird set a $420.00 target price on Broadcom in a research report on Friday, December 12th. Finally, Oppenheimer lifted their target price on shares of Broadcom from $435.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $435.30.

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.