Broadcom Inc. $AVGO Stock Position Raised by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors increased its Broadcom stake by 8.2% in the third quarter, bringing its holdings to 201,866 shares valued at approximately $69.4 million. Institutional investors and hedge funds collectively own 76.43% of AVGO.
• Broadcom reported quarterly earnings and revenue above analyst expectations, with EPS of $3.32 and revenue of $29.59 billion, up 85.5% year over year. The company also maintains a quarterly dividend of $0.65 per share, yielding about 0.7%.
• Shares opened at $360.14, while analysts maintained a generally bullish outlook with a “Moderate Buy” consensus and an average price target of $527.20. However, the stock’s roughly 46-times earnings valuation and potential leverage tied to proposed AI-chip financing present risks.

Farther Finance Advisors LLC lifted its holdings in shares of Broadcom Inc. (NASDAQ:AVGO - Free Report) by 8.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 201,866 shares of the semiconductor manufacturer's stock after buying an additional 15,325 shares during the period. Farther Finance Advisors LLC's holdings in Broadcom were worth $69,417,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of AVGO. CoreCap Advisors LLC increased its holdings in shares of Broadcom by 3.7% in the 3rd quarter. CoreCap Advisors LLC now owns 44,219 shares of the semiconductor manufacturer's stock valued at $15,458,000 after purchasing an additional 1,580 shares in the last quarter. Artemis Investment Management LLP boosted its holdings in Broadcom by 123.6% during the third quarter. Artemis Investment Management LLP now owns 111,892 shares of the semiconductor manufacturer's stock worth $39,295,000 after buying an additional 61,860 shares in the last quarter. Aletheian Wealth Advisors LLC boosted its holdings in Broadcom by 7.8% during the third quarter. Aletheian Wealth Advisors LLC now owns 5,608 shares of the semiconductor manufacturer's stock worth $1,969,000 after buying an additional 408 shares in the last quarter. Apeiron RIA LLC grew its position in Broadcom by 151.5% during the third quarter. Apeiron RIA LLC now owns 4,575 shares of the semiconductor manufacturer's stock worth $1,572,000 after buying an additional 2,756 shares during the period. Finally, YHB Investment Advisors Inc. grew its position in Broadcom by 76.7% during the third quarter. YHB Investment Advisors Inc. now owns 34,023 shares of the semiconductor manufacturer's stock worth $11,949,000 after buying an additional 14,772 shares during the period. 76.43% of the stock is owned by institutional investors and hedge funds.

Broadcom Stock Down 4.3%

Shares of NASDAQ AVGO opened at $360.14 on Friday. 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 $1.72 trillion, a PE ratio of 45.99 and a beta of 1.46. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.50 and a quick ratio of 2.29. The firm's 50-day moving average is $371.79 and its two-hundred day moving average is $382.52.

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

Broadcom Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st were issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Monday, September 21st. Broadcom's dividend payout ratio is 33.21%.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Broadcom is reportedly arranging more than $50 billion in financing for custom AI chips being developed with OpenAI. The project could substantially expand Broadcom’s AI-chip opportunity and validate demand from one of the industry’s largest customers. Apollo Global Management and Blackstone are among the potential lenders, although discussions remain preliminary. Broadcom seeks more than $50 billion to finance OpenAI AI chips
• Positive Sentiment: At the 2026 OCP Global Summit, Broadcom highlighted networking products designed to support scale-up and scale-out AI clusters. Stronger Ethernet networking demand could complement its custom accelerators and switching businesses as hyperscalers expand AI infrastructure. Broadcom Redefines AI Infrastructure with Industry-Leading Networking Innovations
• Positive Sentiment: Analysts and financial commentators continue to point to rapid growth in Broadcom’s custom AI-chip and networking businesses. The company’s technology was also included in Arista Networks’ new open Ethernet rack initiative, reinforcing Broadcom’s role in the broader AI infrastructure ecosystem. Broadcom CEO Holds $350B Outlook Strong
• Neutral Sentiment: Heavy trading in Broadcom call options and bullish technical commentary indicate that some traders expect a rebound, but these signals reflect positioning rather than changes to the company’s fundamentals. Stock Traders Buy High Volume of Broadcom Call Options
• Negative Sentiment: The proposed financing raises concerns about leverage, repayment risk and whether AI chips could become obsolete before long-term debt matures. The financing is not finalized, and its size and terms could change, creating uncertainty for investors. SpaceX, Broadcom and Oracle All Want Billions in AI Chip Debt
• Negative Sentiment: Broadcom’s valuation remains demanding at roughly 46 times earnings, leaving the stock vulnerable to profit-taking if investors question the pace of AI spending or the company’s ability to convert projected growth into cash flow.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Sanford C. Bernstein reiterated a "buy" rating on shares of Broadcom in a research report on Monday, September 21st. Jefferies Financial Group initiated coverage on Broadcom in a report on Thursday, September 3rd. They issued a "buy" rating and a $550.00 price target on the stock. Evercore set a $578.00 price target on Broadcom and gave the stock an "outperform" rating in a report on Thursday, September 3rd. Truist Financial dropped their price objective on Broadcom from $550.00 to $520.00 and set a "buy" rating for the company in a research note on Thursday, September 3rd. Finally, Lake Street Capital raised Broadcom to a "buy" 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 given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price 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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