Broadcom Inc. $AVGO Stock Bought by Copeland Capital Management LLC

Copeland Capital Management LLC boosted its holdings in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 346.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 341,459 shares of the semiconductor manufacturer's stock after acquiring an additional 265,045 shares during the period. Broadcom comprises about 2.7% of Copeland Capital Management LLC's investment portfolio, making the stock its biggest holding. Copeland Capital Management LLC's holdings in Broadcom were worth $119,917,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of AVGO. BigSur Wealth Management LLC boosted its holdings in shares of Broadcom by 10.9% in the 3rd quarter. BigSur Wealth Management LLC now owns 10,156 shares of the semiconductor manufacturer's stock valued at $3,567,000 after purchasing an additional 1,000 shares in the last quarter. Krilogy Financial LLC grew its position in Broadcom by 12.1% in the third quarter. Krilogy Financial LLC now owns 49,676 shares of the semiconductor manufacturer's stock valued at $17,621,000 after acquiring an additional 5,368 shares during the last quarter. Affinity Capital Advisors LLC raised its stake in Broadcom by 13.2% during the third quarter. Affinity Capital Advisors LLC now owns 2,440 shares of the semiconductor manufacturer's stock worth $882,000 after acquiring an additional 285 shares in the last quarter. Mechanics Bank Trust Department raised its stake in Broadcom by 1.1% during the third quarter. Mechanics Bank Trust Department now owns 19,704 shares of the semiconductor manufacturer's stock worth $6,920,000 after acquiring an additional 211 shares in the last quarter. Finally, Fagan Associates Inc. boosted its stake in shares of Broadcom by 76.9% in the 3rd quarter. Fagan Associates Inc. now owns 7,015 shares of the semiconductor manufacturer's stock valued at $2,464,000 after purchasing an additional 3,050 shares in the last quarter. Institutional investors and hedge funds own 76.43% of the company's stock.

Broadcom Price Performance

NASDAQ AVGO opened at $357.31 on Wednesday. The firm's 50-day simple moving average is $369.27 and its two-hundred day simple moving average is $383.32. The company has a market cap of $1.71 trillion, a PE ratio of 41.39 and a beta of 1.46. Broadcom Inc. has a 52 week low of $289.96 and a 52 week high of $495.00. 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 (NASDAQ:AVGO - Get Free Report) last released its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $29.24 billion. During the same period in the previous year, the business earned $1.69 EPS. Broadcom's revenue was up 85.5% compared to the same quarter last year. Research analysts predict that Broadcom Inc. will post 10.37 earnings per share for the current year.

Broadcom Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st were given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, September 21st. Broadcom's dividend payout ratio (DPR) is 33.21%.

More Broadcom News

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom plans to launch an AI networking platform at the OCP Global Summit, potentially strengthening its position in the rapidly expanding market for hyperscale data-center connectivity. Broadcom To Launch AI Networking Platform
• Positive Sentiment: The company introduced VMware HyperArmor, a security product designed to protect VMware Cloud Foundation hypervisors from increasingly sophisticated cyberattacks. The launch supports Broadcom’s recurring infrastructure-software strategy and could improve VMware’s product value. Broadcom Introduces VMware HyperArmor
• Positive Sentiment: Analysts and commentators continue to highlight Broadcom’s custom AI-chip business, including multiyear hyperscaler contracts and demand from customers such as Google. This model allows AVGO to benefit from AI spending without competing directly with Nvidia in general-purpose GPUs. Broadcom and Google AI Designs
• Neutral Sentiment: CEO Hock Tan warned that capital availability—not memory-chip supply—could become the biggest bottleneck for AI expansion. The comments raise concerns about the sustainability of data-center spending, even as Broadcom reportedly increased its AI revenue outlook. Capital Crunch Could Become AI Bottleneck
• Neutral Sentiment: Broadcom is being promoted as a leading AI and dividend stock, but comparisons with Nvidia, Qualcomm and Oracle emphasize that investors must weigh growth, leverage and valuation rather than AI exposure alone. Dividend Stocks Offering AI Exposure
• Negative Sentiment: Tan’s description of AI investors as casino gamblers may reinforce concerns that the sector has become speculative and vulnerable to a pullback if funding or expected returns deteriorate. Broadcom CEO Compared AI Investors to Gamblers
• Negative Sentiment: AVGO remains well below its record high, with technical indicators showing continued pressure. Profit-taking across semiconductor equipment stocks and renewed concern about AI-related financing are weighing on sentiment toward the broader chip group. Broadcom Stock Analysis

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AVGO shares. Cantor Fitzgerald lifted their price target on shares of Broadcom from $525.00 to $600.00 and gave the company an "overweight" rating in a report on Thursday, September 3rd. JPMorgan Chase & Co. reissued a "buy" rating on shares of Broadcom in a research report on Thursday, September 3rd. Bank of America lowered their target price on Broadcom from $530.00 to $460.00 and set a "buy" rating for the company in a report on Thursday, September 3rd. TD Cowen restated a "buy" rating and issued a $475.00 target price (down from $500.00) on shares of Broadcom in a research note on Thursday, September 3rd. Finally, Morgan Stanley restated an "overweight" rating and set a $505.00 price target (up from $502.00) on shares of Broadcom in a research note on Thursday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $527.20.

Broadcom Company 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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