Oppenheimer & Co. Inc. Raises Holdings in Broadcom Inc. $AVGO

Oppenheimer & Co. Inc. grew its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 1.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 309,708 shares of the semiconductor manufacturer’s stock after buying an additional 3,854 shares during the period. Broadcom accounts for 1.2% of Oppenheimer & Co. Inc.’s portfolio, making the stock its 10th biggest position. Oppenheimer & Co. Inc.’s holdings in Broadcom were worth $102,176,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Linden Thomas Advisory Services LLC increased its position in Broadcom by 1.1% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 38,634 shares of the semiconductor manufacturer’s stock valued at $12,746,000 after purchasing an additional 432 shares during the period. D.B. Root & Company LLC boosted its stake in shares of Broadcom by 13.9% during the 3rd quarter. D.B. Root & Company LLC now owns 6,138 shares of the semiconductor manufacturer’s stock valued at $2,025,000 after purchasing an additional 750 shares in the last quarter. REAP Financial Group LLC increased its position in shares of Broadcom by 21.8% during the third quarter. REAP Financial Group LLC now owns 1,224 shares of the semiconductor manufacturer’s stock valued at $404,000 after buying an additional 219 shares during the period. Legacy Financial Strategies LLC raised its stake in Broadcom by 32.3% in the third quarter. Legacy Financial Strategies LLC now owns 5,703 shares of the semiconductor manufacturer’s stock worth $1,881,000 after buying an additional 1,391 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. raised its stake in Broadcom by 23.2% in the third quarter. Oppenheimer Asset Management Inc. now owns 309,914 shares of the semiconductor manufacturer’s stock worth $102,244,000 after buying an additional 58,290 shares in the last quarter. Institutional investors own 76.43% of the company’s stock.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom launched a Wi‑Fi 8 enterprise platform positioning the company to sell AI‑optimized networking into enterprises — a product roadmap win that supports longer‑term AI revenue growth. Broadcom Targets AI Edge With New Wi Fi 8 Enterprise Platform
• Positive Sentiment: Analysts (including UBS coverage cited in recent pieces) remain bullish on Broadcom’s AI momentum and strong server demand, which underpins upside to networking and infrastructure‑software revenue. UBS Remains Bullish on Broadcom
• Positive Sentiment: Features in outlets (Barron’s, industry write‑ups) highlight Broadcom as a credible competitor to Nvidia in certain AI‑chip and networking segments — a narrative that supports premium multiple expectations if Broadcom converts design wins. Nvidia and Broadcom’s AI Chips Will Go Head-to-Head
• Neutral Sentiment: Broadcom is a top holding in dividend/quality ETFs (e.g., VIG), which provides steady institutional demand but also ties AVGO performance to broader ETF flows. VIG/SCHD ETF coverage mentioning AVGO
• Neutral Sentiment: Multiple investor letters and fund commentary (Baron, SGA strategy pieces) note Broadcom as a core AI/infrastructure holding — supportive long‑term, but these are high‑level endorsements rather than immediate catalysts. SGA U.S. Large Cap Growth Strategy Bets on Broadcom
• Negative Sentiment: Several institutional managers have trimmed Broadcom positions recently (Morningstar Investment Management, Intermede, SCS Capital), and at least one manager boosted exposure — the net of these trades can drive near‑term volatility and signal some profit‑taking. Morningstar Investment Management Cuts Broadcom Inc. Stake Sharply SCS Capital Cuts Broadcom Stake Suncoast Equity Boosts Broadcom Stake
• Negative Sentiment: Technical/valuation caution: commentary flagged a “risky pattern” despite strong tailwinds, a storyline that can trigger short‑term selling from momentum/quant strategies. Broadcom stock: risky pattern emerges despite solid tailwinds
• Negative Sentiment: Short‑interest reports in the feed show anomalous data (0 shares / NaN changes) but headlines about rising short interest — even if erroneous — can spook momentum traders; treat these data as unreliable until cleared. Short interest data notices (internal feed)

Broadcom Price Performance

Shares of NASDAQ:AVGO opened at $331.17 on Friday. The business has a fifty day moving average price of $345.18 and a 200-day moving average price of $340.01. 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 $1.57 trillion, a PE ratio of 69.57, a PEG ratio of 1.11 and a beta of 1.21. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61.

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

Broadcom Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 0.8%. This is an increase from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Monday, December 22nd. Broadcom’s payout ratio is 54.62%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on AVGO shares. JPMorgan Chase & Co. upped their target price on Broadcom from $400.00 to $475.00 and gave the stock an “overweight” rating in a report on Friday, December 12th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $450.00 price target on shares of Broadcom in a research note on Monday, January 5th. Zacks Research raised Broadcom from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Sanford C. Bernstein restated an “outperform” rating and set a $475.00 target price (up previously from $400.00) on shares of Broadcom in a report on Friday, December 12th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $430.00 target price (up from $375.00) on shares of Broadcom in a research report on Friday, December 12th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $433.87.

Insider Activity

In other news, CFO Kirsten M. Spears sold 30,000 shares of the business’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $347.82, for a total value of $10,434,600.00. Following the completion of the transaction, the chief financial officer owned 277,237 shares in the company, valued at $96,428,573.34. The trade was a 9.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Henry Samueli sold 320,316 shares of the stock in a transaction on Monday, December 8th. The shares were sold at an average price of $400.53, for a total value of $128,296,167.48. Following the sale, the director directly owned 37,326,540 shares in the company, 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. Insiders have sold 779,101 shares of company stock valued at $283,804,325 in the last quarter. Insiders own 2.00% of the company’s stock.

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.