Broadcom Inc. $AVGO Stock: N10 Assets LLC Boosts Holdings

N10 Assets LLC lifted its stake in shares of Broadcom Inc. (NASDAQ:AVGO) by 18.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 24,645 shares of the semiconductor manufacturer’s stock after acquiring an additional 3,763 shares during the period. Broadcom comprises 3.2% of N10 Assets LLC’s investment portfolio, making the stock its 15th largest position. N10 Assets LLC’s holdings in Broadcom were worth $8,655,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Firethorn Wealth Partners LLC raised its holdings in Broadcom by 3.3% in the 3rd quarter. Firethorn Wealth Partners LLC now owns 4,299 shares of the semiconductor manufacturer’s stock valued at $1,510,000 after buying an additional 136 shares during the last quarter. Generate Investment Management Ltd grew its holdings in Broadcom by 11.1% during the 3rd quarter. Generate Investment Management Ltd now owns 223,461 shares of the semiconductor manufacturer’s stock worth $78,477,000 after acquiring an additional 22,269 shares during the last quarter. 6th Street Advisors LLC grew its holdings in Broadcom by 2.4% during the 3rd quarter. 6th Street Advisors LLC now owns 2,000 shares of the semiconductor manufacturer’s stock worth $702,000 after acquiring an additional 46 shares during the last quarter. First Citizens Bank & Trust Co. increased its position in Broadcom by 36.1% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 214,690 shares of the semiconductor manufacturer’s stock valued at $72,162,000 after acquiring an additional 56,991 shares during the period. Finally, Focus Financial Network Inc. increased its position in Broadcom by 10.1% in the 3rd quarter. Focus Financial Network Inc. now owns 23,039 shares of the semiconductor manufacturer’s stock valued at $7,370,000 after acquiring an additional 2,119 shares during the period. 76.43% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Custom AI accelerators and networking remain major catalysts. Broadcom is benefiting as hyperscalers diversify beyond Nvidia and develop their own chips. Reports point to customer orders extending into 2028, while the company is preparing to launch an AI networking platform at the OCP Global Summit. One Stock Could Benefit as AI Spending Moves Beyond Nvidia Broadcom To Launch AI Networking Platform
• Positive Sentiment: Analysts and investors continue to see fundamental strength. Broadcom’s revenue growth, AI-chip revenue and long-term hyperscaler contracts are being cited as evidence that the market may be undervaluing the business. Erste Group modestly raised its fiscal 2027 EPS estimate to $17.59, although it retained a Hold rating. Broadcom is The Steady Hand The Market Keeps Discounting
• Positive Sentiment: VMware introduced HyperArmor, a security product designed to protect the ESX hypervisor within VMware Cloud Foundation. The launch supports Broadcom’s infrastructure-software strategy and could strengthen its enterprise offering. Broadcom Introduces VMware HyperArmor
• Neutral Sentiment: CEO Hock Tan’s comments have produced mixed signals. He described AI investing as resembling a “casino” and said capital availability—not memory chips—is the main constraint on AI expansion. The remarks highlight bubble and financing risks, but also suggest demand remains strong. Broadcom CEO Delivers Stark Warning on Artificial Intelligence
• Negative Sentiment: Investors are questioning whether AI demand is sufficient to justify AVGO’s valuation. A potential $50 billion debt deal raises concerns about leverage and funding requirements across the AI ecosystem, while enthusiasm has weakened after recent concerns about OpenAI’s revenue outlook. What a $50 Billion Debt Deal Could Mean for Broadcom Stock

Broadcom Trading Down 3.0%

Shares of Broadcom stock traded down $10.58 on Wednesday, reaching $346.73. 9,215,361 shares of the company’s stock were exchanged, compared to its average volume of 24,920,906. The company has a market capitalization of $1.66 trillion, a P/E ratio of 44.33 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 firm’s 50-day moving average is $369.27 and its two-hundred day moving average is $383.32. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.29 and a current ratio of 2.50.

Broadcom (NASDAQ:AVGO) last released its earnings results on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.22 by $0.10. The company had revenue of $29.59 billion for the quarter, compared to the consensus estimate of $29.24 billion. Broadcom had a net margin of 42.94% and a return on equity of 48.33%. Broadcom’s quarterly revenue was up 85.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.69 EPS. Sell-side analysts predict that Broadcom Inc. will post 10.37 EPS for the current fiscal year.

Broadcom Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, September 21st. Broadcom’s dividend payout ratio (DPR) is 33.21%.

Analyst Ratings Changes

AVGO has been the topic of several recent research reports. Arete Research lifted their target price on Broadcom from $488.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Broadcom in a research note on Monday, September 21st. President Capital lifted their price objective on Broadcom from $520.00 to $546.00 and gave the stock a “buy” rating in a research note on Thursday, September 3rd. Raymond James Financial reiterated an “outperform” rating and issued a $475.00 target price (up from $450.00) on shares of Broadcom in a report on Thursday, September 3rd. Finally, Evercore set a $578.00 target price on shares of Broadcom and gave the company an “outperform” rating in a research report on Thursday, September 3rd. One research 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 stock. Based on data from MarketBeat, Broadcom presently has an average rating of “Moderate Buy” and an average target price of $527.20.

About Broadcom

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.