Broadcom Inc. $AVGO Position Increased by Heck Capital Advisors LLC

Heck Capital Advisors LLC increased its position in shares of Broadcom Inc. (NASDAQ:AVGO) by 123.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,538 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,169 shares during the period. Heck Capital Advisors LLC’s holdings in Broadcom were worth $2,609,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. State Street Corp raised its holdings in shares of Broadcom by 0.5% during the second quarter. State Street Corp now owns 185,276,987 shares of the semiconductor manufacturer’s stock worth $51,071,601,000 after acquiring an additional 873,963 shares in the last quarter. Invesco Ltd. increased its position in Broadcom by 1.8% during the third quarter. Invesco Ltd. now owns 39,149,651 shares of the semiconductor manufacturer’s stock worth $12,915,861,000 after buying an additional 700,021 shares during the last quarter. Legal & General Group Plc increased its position in Broadcom by 2.3% during the third quarter. Legal & General Group Plc now owns 33,450,786 shares of the semiconductor manufacturer’s stock worth $11,035,749,000 after buying an additional 748,709 shares during the last quarter. Alliancebernstein L.P. increased its position in Broadcom by 3.7% during the second quarter. Alliancebernstein L.P. now owns 30,598,590 shares of the semiconductor manufacturer’s stock worth $8,434,501,000 after buying an additional 1,084,776 shares during the last quarter. Finally, Franklin Resources Inc. increased its position in Broadcom by 4.0% during the third quarter. Franklin Resources Inc. now owns 29,511,195 shares of the semiconductor manufacturer’s stock worth $9,736,038,000 after buying an additional 1,124,590 shares during the last quarter. 76.43% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Mark David Brazeal sold 50,488 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $321.60, for a total value of $16,236,940.80. Following the sale, the insider directly owned 278,141 shares of the company’s stock, valued at approximately $89,450,145.60. This trade represents a 15.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Charlie B. Kawwas sold 39,116 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $321.61, for a total value of $12,580,096.76. Following the completion of the sale, the insider directly owned 74,626 shares in the company, valued at approximately $24,000,467.86. This represents a 34.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 273,049 shares of company stock valued at $88,300,115. 1.90% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

AVGO has been the topic of several analyst reports. Erste Group Bank downgraded shares of Broadcom from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Piper Sandler reissued an “overweight” rating and set a $430.00 target price (up from $375.00) on shares of Broadcom in a research report on Friday, December 12th. The Goldman Sachs Group reissued a “buy” rating and set a $450.00 target price on shares of Broadcom in a research report on Monday, January 5th. Wall Street Zen raised shares of Broadcom from a “hold” rating to a “buy” rating in a research report on Saturday, December 13th. Finally, Morgan Stanley increased their target price on shares of Broadcom from $462.00 to $470.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Broadcom has an average rating of “Moderate Buy” and a consensus price target of $435.30.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom signed a long‑term agreement to design and supply Google’s next‑generation custom AI chips and components through 2031, positioning AVGO as a core provider for Google’s AI racks and increasing multi‑year revenue visibility. Broadcom signs long-term deal to develop Google’s custom AI chips
• Positive Sentiment: Broadcom will also expand capacity commitments with Anthropic (via Google infrastructure), giving the AI startup more compute access and signaling accelerating demand from large AI model customers. Anthropic ups compute deal with Google and Broadcom amid skyrocketing demand
• Positive Sentiment: Broker and media coverage reacted favorably: reports note that the Google/Anthropic deals materially improve multi‑year visibility for Broadcom’s AI chip and networking businesses and helped lift the stock in pre‑market/after‑hours trade. Broadcom to Supply AI Chips to Google, Computing Capacity to Anthropic in Expanded Collaboration
• Positive Sentiment: Rosenblatt reaffirmed a “buy” on AVGO and set a $500 price target, reinforcing bullish analyst sentiment and providing a high‑profile upside reference for traders. Benzinga: Rosenblatt reaffirms buy, $500 PT
• Positive Sentiment: Several outlets and analysts (Zacks, Proactive, 247WallStreet) highlight Broadcom and Micron as critical AI infrastructure enablers — Zacks maintains a bullish view that favors long‑term demand from hyperscalers. Micron and Broadcom: 2 Critical AI Infrastructure Enablers
• Neutral Sentiment: Coverage questions whether these deals can revive broader weakness in the AI trade — articles note AVGO’s recent underperformance versus some peers despite strong fundamentals. Broadcom Stock Gains on Google and Anthropic Deals. Can It Help Revive a Flagging AI Trade?
• Neutral Sentiment: Market commentary urges long‑term investors to “buy the dip” on AVGO given fundamentals, but notes recent share volatility and that benefits will be realized over multiple years. Broadcom Slips 9% – Why Smart Investors Should Buy the Dip Now
• Negative Sentiment: Some analysts remain cautious: Erste Group downgraded AVGO on concerns about the growth trajectory of its software segment, highlighting execution and margin risks outside the chip business. Broadcom (AVGO) Downgraded on Concerns Over Software Segment Growth
• Negative Sentiment: Technicals and valuation remain headwinds after a pullback from December highs; some outlets point out AVGO has entered a technical bear territory, which can amplify short‑term downside risk despite the new deals. Broadcom stock price bullish flag points to more gains after the Anthropic deal

Broadcom Trading Up 6.2%

Shares of NASDAQ:AVGO opened at $333.97 on Wednesday. The company has a market cap of $1.58 trillion, a P/E ratio of 65.23, a P/E/G ratio of 0.67 and a beta of 1.24. The stock’s 50-day moving average is $324.54 and its 200-day moving average is $342.73. Broadcom Inc. has a 52-week low of $153.09 and a 52-week high of $414.61. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.73 and a current ratio of 1.90.

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

Broadcom Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were given a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, March 23rd. Broadcom’s dividend payout ratio (DPR) is currently 50.78%.

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.