Sarasin & Partners LLP Increases Stock Position in Broadcom Inc. $AVGO

Sarasin & Partners LLP increased its holdings in Broadcom Inc. (NASDAQ:AVGO) by 16.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 832,057 shares of the semiconductor manufacturer’s stock after acquiring an additional 119,119 shares during the quarter. Broadcom makes up about 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 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of AVGO. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Broadcom in the second quarter valued at about $28,000. JCIC Asset Management Inc. purchased a new position in shares of Broadcom during the third quarter worth about $31,000. Miller Global Investments LLC purchased a new position in shares of Broadcom during the fourth quarter worth about $31,000. Manning & Napier Advisors LLC acquired a new position in Broadcom in the 3rd quarter valued at about $34,000. Finally, Evolution Wealth Management Inc. purchased a new stake in Broadcom during the 2nd quarter valued at approximately $36,000. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Broadcom Stock Performance

NASDAQ AVGO opened at $318.29 on Wednesday. The stock 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 business’s 50 day moving average is $329.11 and its two-hundred day moving average is $345.61. Broadcom Inc. has a 12-month low of $138.10 and a 12-month high of $414.61. The company has a current ratio of 1.90, a quick ratio of 1.73 and a debt-to-equity ratio of 0.80.

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

Broadcom Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be issued a $0.65 dividend. The ex-dividend date of this dividend 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%.

Broadcom News Summary

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

Insider Buying and Selling

In other news, insider Mark David Brazeal sold 50,488 shares of the stock in a transaction dated 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 transaction, the insider owned 278,141 shares in the company, valued at $89,450,145.60. This trade represents a 15.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction 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 represents a 34.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 428,970 shares of company stock valued at $142,585,321 in the last quarter. Corporate insiders own 1.90% of the company’s stock.

Analysts Set New Price Targets

AVGO has been the subject of a number of recent research reports. Oppenheimer increased their price objective on Broadcom from $435.00 to $450.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Citigroup boosted their target price on Broadcom from $458.00 to $475.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Zacks Research cut Broadcom from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Susquehanna reaffirmed a “positive” rating and set a $450.00 price target (up from $400.00) on shares of Broadcom in a report on Thursday, December 4th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $450.00 price objective on shares of Broadcom in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Broadcom has a consensus rating of “Moderate Buy” and a consensus price target of $435.30.

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.