Laffer Tengler Investments Inc. Trims Position in Broadcom Inc. $AVGO

Laffer Tengler Investments Inc. lowered its holdings in shares of Broadcom Inc. (NASDAQ:AVGO) by 10.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 82,578 shares of the semiconductor manufacturer’s stock after selling 9,749 shares during the period. Broadcom comprises 4.3% of Laffer Tengler Investments Inc.’s holdings, making the stock its largest holding. Laffer Tengler Investments Inc.’s holdings in Broadcom were worth $27,243,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of AVGO. Longfellow Investment Management Co. LLC bought a new stake in shares of Broadcom in the 2nd quarter valued at about $27,000. Teachers Insurance & Annuity Association of America acquired a new position in shares of Broadcom in the second quarter worth approximately $28,000. New England Capital Financial Advisors LLC acquired a new position in shares of Broadcom in the second quarter worth approximately $31,000. JCIC Asset Management Inc. bought a new stake in Broadcom in the third quarter valued at approximately $31,000. Finally, Manning & Napier Advisors LLC acquired a new stake in Broadcom during the 3rd quarter valued at approximately $34,000. Institutional investors and hedge funds own 76.43% of the company’s stock.

Broadcom Trading Down 1.6%

AVGO opened at $313.84 on Wednesday. The company has a fifty day moving average price of $335.17 and a two-hundred day moving average price of $342.86. Broadcom Inc. has a 1-year low of $138.10 and a 1-year high of $414.61. The company has a market cap of $1.49 trillion, a P/E ratio of 65.93, a price-to-earnings-growth ratio of 1.02 and a beta of 1.22. The company has a current ratio of 1.71, a quick ratio of 1.58 and a debt-to-equity ratio of 0.76.

Broadcom (NASDAQ:AVGO) last released its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $0.08. Broadcom had a net margin of 36.20% and a return on equity of 37.45%. The company had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $17.46 billion. During the same quarter in the prior year, the firm earned $1.42 EPS. The business’s revenue was up 28.2% on a year-over-year basis. Analysts predict that Broadcom Inc. will post 5.38 EPS for the current fiscal year.

Broadcom Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 0.8%. This is a boost from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Monday, December 22nd. Broadcom’s payout ratio is 54.62%.

Insider Activity

In other news, Director Harry L. You bought 1,000 shares of the stock in a transaction dated Thursday, December 18th. The shares were bought at an average cost of $325.13 per share, with a total value of $325,130.00. Following the completion of the transaction, the director directly owned 36,602 shares of the company’s stock, valued at $11,900,408.26. This trade represents a 2.81% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Charlie B. Kawwas sold 1,928 shares of Broadcom stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $327.80, for a total transaction of $631,998.40. Following the completion of the sale, the insider directly owned 23,582 shares of the company’s stock, valued at approximately $7,730,179.60. The trade was a 7.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 779,101 shares of company stock valued at $283,804,325. Corporate insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on AVGO shares. The Goldman Sachs Group restated a “buy” rating and issued a $450.00 price target on shares of Broadcom in a research report on Monday, January 5th. Mizuho set a $480.00 target price on shares of Broadcom and gave the stock an “outperform” rating in a research note on Friday, January 9th. Rosenblatt Securities boosted their target price on shares of Broadcom from $400.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, December 9th. Truist Financial upped their price target on shares of Broadcom from $500.00 to $510.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Finally, Morgan Stanley increased their price target on Broadcom from $443.00 to $462.00 and gave the stock an “overweight” rating in a report on Friday, December 12th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $432.13.

Key Headlines Impacting Broadcom

Here are the key news stories impacting Broadcom this week:

• Positive Sentiment: Jefferies reaffirmed its Buy rating and keeps a $500 price target, highlighting Broadcom’s leadership in AI and networking which supports upside expectations. Broadcom Inc. (AVGO) Leads AI and Networking Expansion, Jefferies Reaffirms Buy
• Positive Sentiment: Broadcom announced shipments of a 2nm custom compute SoC and launched BroadPeak (radio/5G-6G), reinforcing tech leadership in AI datacenter and telecom markets that could sustain revenue/margin expansion. Broadcom’s 2nm SoC And BroadPeak Aim At AI And 6G Growth
• Positive Sentiment: Analyst consensus price-target momentum remains elevated (median analyst 12‑month target cited near $454), reflecting expectations that AI-driven revenue growth will re-rate the shares over the next 12 months. Broadcom (AVGO) Is Trading 25% Below Its Recent High: Here’s Why $454 Is the 12-Month Price Target
• Neutral Sentiment: Market positioning ahead of Q1: multiple previews expect record revenue driven by AI chips and VMware, but warn margin pressure and valuation leave outcomes binary — earnings could trigger a big swing. Broadcom Q1 Preview: Record Revenue Expected, But Stock Is Looking ‘On the Ropes’
• Neutral Sentiment: Traders expect elevated post-earnings volatility (big potential intraday move), increasing the chance of sharp price action regardless of beat/miss. Here’s How Much Traders Expect Broadcom Stock To Move After Earnings
• Negative Sentiment: Royal Bank of Canada cut its price target to $340 and moved to sector perform, flagging more limited near-term upside and contributing downward pressure on the stock. Royal Bank Of Canada Issues Pessimistic Forecast for Broadcom (NASDAQ:AVGO) Stock Price
• Negative Sentiment: SEC filing-based reports show CEO Hock E. Tan’s 2025 pay disclosed at roughly $205M and heavy insider selling activity highlighted by data aggregators — governance and large sales can weigh sentiment. Broadcom Inc. ($AVGO) CEO 2025 Pay Revealed
• Negative Sentiment: High-profile commentators (e.g., Jim Cramer) warned the name is “too hard to own” right now, reflecting caution around valuation, concentration and near-term execution. Jim Cramer on Broadcom: “This Is One of Those That’s Just Too Hard to Own Right Now”

Broadcom Profile

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.