Broadcom Inc. $AVGO Stock Acquired by Fort Washington Investment Advisors Inc. OH

Key Points

• Fort Washington Investment Advisors increased its Broadcom stake by 2.6% in the third quarter, purchasing 18,877 additional shares for a total of 749,084 shares valued at approximately $263.1 million. Institutional investors collectively own 76.43% of AVGO.
• Broadcom reported quarterly revenue of $29.59 billion and earnings of $3.32 per share, exceeding analyst expectations, while revenue rose 85.5% year over year. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $527.20.
• The company’s AI chip and custom accelerator business remains a major growth driver, but investors are monitoring risks including high valuation, potential AI financing and leverage concerns, weaker smartphone demand, and broader technology-sector volatility.

Fort Washington Investment Advisors Inc. OH boosted its stake in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 2.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 749,084 shares of the semiconductor manufacturer's stock after buying an additional 18,877 shares during the period. Broadcom makes up approximately 1.3% of Fort Washington Investment Advisors Inc. OH's holdings, making the stock its 14th biggest holding. Fort Washington Investment Advisors Inc. OH's holdings in Broadcom were worth $263,071,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of AVGO. Networth Advisors LLC increased its position in shares of Broadcom by 546.2% during the first quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer's stock worth $26,000 after acquiring an additional 71 shares in the last quarter. Core Capital Management & Research inc. acquired a new stake in shares of Broadcom during the second quarter worth $31,000. Harborfront Financial Group LLC acquired a new stake in shares of Broadcom during the second quarter worth $38,000. Coppell Advisory Solutions LLC bought a new stake in Broadcom in the 2nd quarter valued at $60,000. Finally, IMG Wealth Management Inc. bought a new stake in Broadcom in the 2nd quarter valued at $64,000. Institutional investors own 76.43% of the company's stock.

More 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 Price Performance

NASDAQ AVGO opened at $344.33 on Friday. The company has a quick ratio of 2.29, a current ratio of 2.50 and a debt-to-equity ratio of 0.57. Broadcom Inc. has a 12-month low of $289.96 and a 12-month high of $495.00. The company has a market capitalization of $1.64 trillion, a PE ratio of 43.98 and a beta of 1.46. The firm's 50 day moving average is $366.31 and its 200-day moving average is $383.89.

Broadcom (NASDAQ:AVGO - Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $29.24 billion. During the same quarter in the previous year, the firm posted $1.69 earnings per share. The firm's revenue for the quarter was up 85.5% on a year-over-year basis. Equities research analysts anticipate that Broadcom Inc. will post 10.37 earnings per share for the current fiscal year.

Broadcom Announces Dividend

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

Wall Street Analyst Weigh In

AVGO has been the subject of a number of research analyst reports. KeyCorp reaffirmed an "overweight" rating and issued a $575.00 target price on shares of Broadcom in a research note on Thursday, September 3rd. Jefferies Financial Group initiated coverage on Broadcom in a report on Thursday, September 3rd. They set a "buy" rating and a $550.00 target price for the company. Dbs Bank raised Broadcom to a "moderate buy" rating in a research note on Thursday, June 18th. HSBC dropped their price target on Broadcom from $600.00 to $560.00 and set a "buy" rating on the stock in a research note on Thursday, September 3rd. Finally, Evercore set a $578.00 price target on Broadcom and gave the company an "outperform" rating in a report on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $527.20.

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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