Broadcom Inc. $AVGO Stock Holdings Lifted by Kingdom Financial Group LLC.

Key Points

• Kingdom Financial Group LLC more than doubled its Broadcom stake in the fourth quarter, buying an additional 3,753 shares to bring its total to 7,490 shares worth about $2.59 million.
• Broadcom continues to attract strong institutional interest, with hedge funds and other institutions owning 76.43% of the company’s shares overall.
• The company remains a major AI and networking play: recent coverage highlighted new edge AI and 50G PON products, while analysts still generally rate the stock a Moderate Buy with an average price target of $448.10.

Kingdom Financial Group LLC. raised its position in Broadcom Inc. (NASDAQ:AVGO - Free Report) by 100.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,490 shares of the semiconductor manufacturer's stock after purchasing an additional 3,753 shares during the quarter. Broadcom makes up approximately 0.8% of Kingdom Financial Group LLC.'s holdings, making the stock its 16th biggest position. Kingdom Financial Group LLC.'s holdings in Broadcom were worth $2,592,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AVGO. Brighton Jones LLC boosted its stake in shares of Broadcom by 21.8% during the 4th quarter. Brighton Jones LLC now owns 29,683 shares of the semiconductor manufacturer's stock worth $6,882,000 after acquiring an additional 5,322 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Broadcom by 10.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 7,997 shares of the semiconductor manufacturer's stock worth $1,854,000 after acquiring an additional 756 shares in the last quarter. United Bank boosted its stake in shares of Broadcom by 76.5% during the 1st quarter. United Bank now owns 2,339 shares of the semiconductor manufacturer's stock worth $392,000 after acquiring an additional 1,014 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Broadcom by 10.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 12,693 shares of the semiconductor manufacturer's stock worth $3,499,000 after acquiring an additional 1,160 shares in the last quarter. Finally, Capital & Planning LLC boosted its stake in shares of Broadcom by 10.5% during the 2nd quarter. Capital & Planning LLC now owns 3,983 shares of the semiconductor manufacturer's stock worth $1,098,000 after acquiring an additional 378 shares in the last quarter. Hedge funds and other institutional investors own 76.43% of the company's stock.

Trending Headlines about Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom unveiled the industry’s first end-to-end 50G PON edge AI portfolio, led by the BCM68850 home gateway SoC with an integrated NPU and native Wi‑Fi 8 support, underscoring demand for its AI-enabled networking products. Article Title
• Positive Sentiment: Several articles highlighted Broadcom as a major beneficiary of AI infrastructure spending, with commentary pointing to strong custom silicon partnerships and growing confidence that hyperscalers will keep outsourcing specialized chips to AVGO. Article Title
• Positive Sentiment: Investor attention also turned to Broadcom after reports that billionaire Stanley Druckenmiller sold other AI names and bought Broadcom instead, a sentiment signal that can encourage more buying. Article Title
• Positive Sentiment: Broadcom was repeatedly framed as a core AI networking winner, with commentary suggesting the market is rewarding companies tied to the AI chip and infrastructure cycle. Article Title
• Neutral Sentiment: Analyst-style coverage ahead of Broadcom’s next earnings report is keeping attention on results and management commentary, but this is more of a watch item than an immediate stock driver. Article Title
• Neutral Sentiment: One commentary piece suggested Broadcom could have further upside if AI infrastructure demand keeps accelerating, but this was largely a valuation and price-target discussion rather than new company-specific news. Article Title

Broadcom Price Performance

Shares of NASDAQ:AVGO opened at $422.01 on Wednesday. The business has a 50 day moving average price of $376.86 and a 200 day moving average price of $356.93. Broadcom Inc. has a twelve month low of $231.13 and a twelve month high of $442.36. The company has a market cap of $2.00 trillion, a price-to-earnings ratio of 82.42, a PEG ratio of 0.86 and a beta of 1.43. The company has a quick ratio of 1.73, a current ratio of 1.90 and a debt-to-equity ratio of 0.80.

Broadcom (NASDAQ:AVGO - Get Free Report) last announced its earnings results on Wednesday, March 4th. The semiconductor manufacturer reported $2.05 earnings per share for the quarter, beating the consensus estimate of $2.03 by $0.02. Broadcom had a return on equity of 38.61% and a net margin of 36.57%.The firm had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $19.10 billion. During the same quarter in the prior year, the company earned $1.60 EPS. The firm's revenue for the quarter was up 29.5% compared to the same quarter last year. Research analysts predict that Broadcom Inc. will post 9.91 earnings per share for the current year.

Broadcom Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on AVGO shares. Wolfe Research upgraded Broadcom from a "peer perform" rating to an "outperform" rating and set a $400.00 price target for the company in a research note on Friday, January 30th. Zacks Research downgraded Broadcom from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 21st. Citigroup reiterated a "buy" rating and set a $500.00 price target (up from $475.00) on shares of Broadcom in a research note on Tuesday, May 12th. Royal Bank Of Canada decreased their price target on Broadcom from $370.00 to $340.00 and set a "sector perform" rating for the company in a research note on Monday, March 2nd. Finally, TD Cowen restated a "buy" rating and set a $500.00 target price (up from $405.00) on shares of Broadcom in a research note on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $448.10.

Insider Activity

In other Broadcom news, insider Charlie B. Kawwas sold 10,000 shares of the company's stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $345.23, for a total value of $3,452,300.00. Following the completion of the transaction, the insider owned 787,184 shares of the company's stock, valued at $271,759,532.32. This represents a 1.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider S. Ram Velaga sold 8,000 shares of the company's stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $370.52, for a total value of $2,964,160.00. Following the completion of the transaction, the insider directly owned 57,932 shares of the company's stock, valued at approximately $21,464,964.64. This trade represents a 12.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 324,282 shares of company stock worth $106,425,249 over the last 90 days. Company insiders own 1.90% of the company's stock.

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.

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