Asset Management One Co. Ltd. Has $765.27 Million Stock Position in Broadcom Inc. $AVGO

Key Points

• Asset Management One Co. Ltd. raised its stake in Broadcom by 4.4% to 2,191,337 shares worth $765.27 million, making AVGO its 7th-largest position and representing 2.1% of the firm's holdings.
• Broadcom is largely institutionally owned (76.43%) with several major funds increasing positions; analysts have a consensus “Moderate Buy” and $435.30 target, supported by strong quarterly results and AI/cloud partnerships but offset by elevated valuation (P/E ~82.6) risks.

Asset Management One Co. Ltd. raised its holdings in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 4.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 2,191,337 shares of the semiconductor manufacturer's stock after acquiring an additional 92,689 shares during the period. Broadcom makes up 2.1% of Asset Management One Co. Ltd.'s holdings, making the stock its 7th largest position. Asset Management One Co. Ltd.'s holdings in Broadcom were worth $765,265,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in AVGO. Arrowstreet Capital Limited Partnership raised its position in shares of Broadcom by 499.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 5,634,232 shares of the semiconductor manufacturer's stock valued at $1,858,789,000 after acquiring an additional 4,694,313 shares during the last quarter. Nordea Investment Management AB raised its position in shares of Broadcom by 47.5% during the 4th quarter. Nordea Investment Management AB now owns 9,814,757 shares of the semiconductor manufacturer's stock valued at $3,406,211,000 after acquiring an additional 3,160,586 shares during the last quarter. Danske Bank A S acquired a new position in shares of Broadcom in the 3rd quarter valued at $987,488,000. Massachusetts Financial Services Co. MA grew its holdings in shares of Broadcom by 41.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,520,644 shares of the semiconductor manufacturer's stock valued at $2,811,046,000 after buying an additional 2,503,304 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its holdings in shares of Broadcom by 212.5% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,016,048 shares of the semiconductor manufacturer's stock valued at $332,714,000 after buying an additional 1,919,017 shares during the period. Institutional investors own 76.43% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on AVGO. Mizuho reissued an "outperform" rating and issued a $480.00 price target on shares of Broadcom in a report on Thursday, April 16th. Morgan Stanley boosted their price target on shares of Broadcom from $462.00 to $470.00 and gave the company an "overweight" rating in a report on Friday, March 6th. Erste Group Bank lowered shares of Broadcom from a "buy" rating to a "hold" rating in a report on Thursday, April 2nd. Weiss Ratings reissued a "buy (b-)" rating on shares of Broadcom in a report on Friday, April 10th. Finally, Benchmark reissued a "buy" rating and issued a $485.00 price target on shares of Broadcom in a report on Thursday, March 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Broadcom has an average rating of "Moderate Buy" and a consensus price target of $435.30.

Broadcom Trading Up 0.7%

Broadcom stock opened at $422.76 on Friday. 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 firm has a 50-day moving average of $341.04 and a 200-day moving average of $347.87. The company has a market cap of $2.00 trillion, a price-to-earnings ratio of 82.57, a P/E/G ratio of 0.87 and a beta of 1.24. Broadcom Inc. has a one year low of $184.02 and a one year high of $429.31.

Broadcom (NASDAQ:AVGO - Get Free Report) last issued its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.03 by $0.02. The company had revenue of $19.31 billion for the quarter, compared to analysts' expectations of $19.10 billion. Broadcom had a net margin of 36.57% and a return on equity of 38.61%. Broadcom's quarterly revenue was up 29.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.60 EPS. On average, equities analysts expect that Broadcom Inc. will post 9.95 earnings per share for the current fiscal year.

Broadcom Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, March 23rd. Broadcom's dividend payout ratio is presently 50.78%.

Insider Buying and Selling

In other news, Director Gayla J. Delly sold 1,000 shares of the company's stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of $358.31, for a total value of $358,310.00. Following the sale, the director directly owned 32,352 shares of the company's stock, valued at approximately $11,592,045.12. This represents a 3.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Mark David Brazeal sold 50,488 shares of the company's stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $321.60, for a total transaction of $16,236,940.80. Following the completion of the sale, the insider directly owned 278,141 shares in the company, valued at approximately $89,450,145.60. The trade was a 15.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 324,282 shares of company stock worth $106,425,249 in the last 90 days. 1.90% of the stock is owned by corporate insiders.

Broadcom News Roundup

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Expanded Google Cloud collaboration — Broadcom and Google launched Cloud Network Insights (end‑to‑end network observability for multi‑cloud/hybrid/SaaS), which supports Broadcom’s push into higher‑margin infrastructure software and recurring revenue. Read More.
• Positive Sentiment: Multi‑year Meta AI infrastructure partnership — a large cloud/AI customer win that expands Broadcom’s addressable market in AI infrastructure and validates its enterprise AI roadmap. Read More.
• Positive Sentiment: VMware Tanzu integration for enterprise AI — Broadcom extended its software stack into a secure runtime for Autonomous AI on VMware, reinforcing software recurring revenue and enterprise AI positioning. Read More.
• Positive Sentiment: Broad sector tailwind — the Philadelphia Semiconductor Index (SOXX) logged a record 17‑day winning streak, reflecting strong demand momentum across chips and lifting broad market sentiment for AVGO. Read More.
• Positive Sentiment: Technical and analyst backing — AVGO formed a bullish 50/200-day "golden cross" (a common momentum signal), and analysts call AVGO one of the few drivers of big 2026 earnings growth alongside NVDA; high-profile investor mentions (e.g., Ken Griffin) add institutional interest. Read More. Read More. Read More.
• Neutral Sentiment: Analyst/commentary roundups — several outlets published bullish theses and “stocks to buy” lists highlighting AVGO’s AI exposure and software mix; useful for sentiment but mainly a compilation of existing catalysts. Read More.
• Negative Sentiment: Valuation and positioning risk — coverage notes elevated trailing/forward P/E ratios and AVGO trading near its 52‑week highs, which increases downside if growth expectations slip or macro sentiment turns. Read More.

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.

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