6,278 Broadcom Inc. $AVGO Shares Acquired by Lipe & Dalton

Key Points

• Lipe & Dalton increased its Broadcom position by 2,065.1%, purchasing 6,278 additional shares to hold 6,582 shares valued at approximately $2.31 million. Institutional investors collectively own 76.43% of Broadcom.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $527.20; 37 analysts rate the stock a Buy, one rates it a Strong Buy, and three recommend holding.
• Broadcom recently reported 85.5% year-over-year revenue growth and earnings above estimates, while AI-chip demand remains a major growth driver. However, concerns include elevated valuation, potential financing and leverage risks, and weaker smartphone demand linked to reported Apple order cuts.

Lipe & Dalton boosted its position in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 2,065.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,582 shares of the semiconductor manufacturer's stock after buying an additional 6,278 shares during the quarter. Lipe & Dalton's holdings in Broadcom were worth $2,312,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Networth Advisors LLC boosted its holdings in Broadcom by 546.2% during the first quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer's stock valued at $26,000 after acquiring an additional 71 shares during the period. Core Capital Management & Research inc. bought a new position in shares of Broadcom in the second quarter worth about $31,000. Harborfront Financial Group LLC bought a new position in shares of Broadcom in the second quarter worth about $38,000. IMG Wealth Management Inc. bought a new position in shares of Broadcom in the second quarter worth about $64,000. Finally, Gilpin Wealth Management LLC lifted its position in shares of Broadcom by 290.2% during the 3rd quarter. Gilpin Wealth Management LLC now owns 199 shares of the semiconductor manufacturer's stock worth $70,000 after purchasing an additional 148 shares during the last quarter. Institutional investors own 76.43% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on AVGO. Evercore set a $578.00 target price on Broadcom and gave the company an "outperform" rating in a research note on Thursday, September 3rd. Weiss Ratings raised Broadcom from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, October 8th. Erste Group Bank reiterated a "hold" rating on shares of Broadcom in a report on Tuesday, July 7th. Sanford C. Bernstein reiterated a "buy" rating on shares of Broadcom in a report on Monday, September 21st. Finally, DA Davidson set a $350.00 price objective on Broadcom and gave the company a "neutral" rating in a research report on Friday, September 4th. One research analyst has rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $527.20.

Key Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom’s AI business remains a major growth driver. Reports highlight 221% growth in AI chip sales, strong demand for custom accelerators, and hyperscaler interest in alternatives to Nvidia’s higher-cost architecture. Some analysts believe Broadcom could benefit as AI spending broadens beyond Nvidia. Prediction: Broadcom Could Be the AI Winner After Nvidia
• Positive Sentiment: Bullish coverage points to Broadcom’s combination of high-margin semiconductors, networking products, custom silicon, and recurring infrastructure software revenue. Supporters argue that weaker non-AI segments are masking strong execution and creating a long-term buying opportunity. I’m Simply Not Worried About Broadcom’s Multi-Segment Drag
• Neutral Sentiment: Comparisons with Nvidia, Applied Materials, Marvell Technology, and SK Hynix emphasize Broadcom’s differentiated exposure to networking and custom AI chips, although SK Hynix recently showed stronger overall revenue momentum. These comparisons reinforce the investment debate rather than introduce a new company-specific catalyst. Broadcom vs. SK Hynix Revenue Trends
• Negative Sentiment: Tan cautioned that AI investing is becoming “casino”-like and that investors may underestimate how difficult it will be for AI companies to earn returns as spending and financing costs rise. He warned that tighter capital availability could slow AI infrastructure expansion. Broadcom CEO Hock Tan Warning About Casino-Like Investing
• Negative Sentiment: Investors are also examining potential off-balance-sheet financing and a reported $50 billion debt arrangement, increasing concern about leverage and counterparty risks if AI demand or customer returns weaken. Broadcom Off-Balance-Sheet Financing Risk
• Negative Sentiment: Apple’s reported cuts to iPhone 18 Pro component orders raise questions about Broadcom’s smartphone-related sales, while the continuing technology sell-off is weighing on high-valuation AI stocks broadly. Apple Cut iPhone 18 Orders

Broadcom Stock Down 0.6%

Shares of AVGO opened at $344.33 on Friday. The company has a 50-day simple moving average of $366.31 and a 200-day simple moving average of $383.89. The firm has a market capitalization of $1.64 trillion, a P/E ratio of 43.98 and a beta of 1.46. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.29 and a current ratio of 2.50. Broadcom Inc. has a 52 week low of $289.96 and a 52 week high of $495.00.

Broadcom (NASDAQ:AVGO - Get Free Report) last released its earnings results on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share for the quarter, beating the consensus estimate of $3.22 by $0.10. Broadcom had a net margin of 42.94% and a return on equity of 48.33%. The business had revenue of $29.59 billion during the quarter, compared to analysts' expectations of $29.24 billion. During the same quarter last year, the company earned $1.69 earnings per share. The firm's revenue was up 85.5% on a year-over-year basis. On average, equities research analysts expect that Broadcom Inc. will post 10.37 earnings per share for the current year.

Broadcom Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st were issued a $0.65 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.60 annualized dividend and a yield of 0.8%. Broadcom's dividend payout ratio is 33.21%.

Broadcom Profile

Broadcom Inc NASDAQ: AVGO is a global technology company that designs, develops, and supplies semiconductor and infrastructure software products. Its semiconductor solutions support wired and wireless communications, data center networking, broadband access, storage, industrial applications, and other markets.

The company's semiconductor portfolio includes networking and switching products, custom application-specific integrated circuits, wireless connectivity components, radio-frequency devices, optical components, and storage-related solutions.

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