Investment Analysts’ Weekly Ratings Updates for Broadcom (AVGO)

A number of firms have modified their ratings and price targets on shares of Broadcom (NASDAQ: AVGO) recently:

• 3/7/2025 – Broadcom had its price target raised by analysts at Morgan Stanley from $246.00 to $260.00. They now have an “overweight” rating on the stock.
• 3/7/2025 – Broadcom had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $300.00 price target on the stock.
• 3/7/2025 – Broadcom had its price target raised by analysts at KeyCorp from $260.00 to $275.00. They now have an “overweight” rating on the stock.
• 3/7/2025 – Broadcom had its “outperform” rating reaffirmed by analysts at William Blair.
• 3/7/2025 – Broadcom had its price target lowered by analysts at Mizuho from $260.00 to $250.00. They now have an “outperform” rating on the stock.
• 3/7/2025 – Broadcom had its price target raised by analysts at Truist Financial Co. from $260.00 to $267.00. They now have a “buy” rating on the stock.
• 3/7/2025 – Broadcom had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $250.00 price target on the stock.
• 3/7/2025 – Broadcom had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $255.00 price target on the stock.
• 1/28/2025 – Broadcom had its price target lowered by analysts at Morgan Stanley from $265.00 to $246.00. They now have an “overweight” rating on the stock.

Broadcom Stock Up 0.5 %

Broadcom stock traded up $1.00 during midday trading on Monday, reaching $192.66. The stock had a trading volume of 11,451,117 shares, compared to its average volume of 28,878,848. The stock has a market capitalization of $905.88 billion, a P/E ratio of 157.15, a price-to-earnings-growth ratio of 2.29 and a beta of 1.01. The firm’s fifty day simple moving average is $214.38 and its 200-day simple moving average is $195.37. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.07 and a current ratio of 1.17. Broadcom Inc. has a 1-year low of $119.76 and a 1-year high of $251.88.

Broadcom Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 20th will be given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Thursday, March 20th. Broadcom’s dividend payout ratio is presently 113.46%.

Insider Buying and Selling at Broadcom

In other Broadcom news, CEO Hock E. Tan sold 45,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of $239.96, for a total transaction of $10,798,200.00. Following the completion of the sale, the chief executive officer now directly owns 842,836 shares in the company, valued at $202,246,926.56. This trade represents a 5.07 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Charlie B. Kawwas sold 40,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $231.98, for a total value of $9,279,200.00. Following the sale, the insider now owns 696,730 shares of the company’s stock, valued at approximately $161,627,425.40. This represents a 5.43 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 157,168 shares of company stock worth $37,108,677. Insiders own 2.00% of the company’s stock.

Institutional Trading of Broadcom

Hedge funds have recently added to or reduced their stakes in the company. Mascagni Wealth Management Inc. bought a new position in Broadcom during the 4th quarter worth $823,000. Fairtree Asset Management Pty Ltd acquired a new position in shares of Broadcom in the fourth quarter valued at about $766,000. M1 Capital Management LLC acquired a new stake in Broadcom in the 4th quarter worth about $646,000. DSG Capital Advisors LLC bought a new stake in Broadcom in the 4th quarter valued at about $24,765,000. Finally, Chancellor Financial Group WB LP acquired a new position in shares of Broadcom during the 4th quarter worth approximately $1,395,000. 76.43% of the stock is owned by institutional investors and hedge funds.

Broadcom Inc designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.