Howland Capital Management 13F: Adds $2M to Broadcom (AVGO) Stake

Howland Capital Management boosted its stake in Broadcom Inc. AVGO by 5,793 shares during the quarter, according to a Form 13F filing with the SEC on October 22, 2026.

AVGO Broadcom Inc.

$323.24 ▼ -6.50% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Howland Capital Management's Broadcom Position

The adjustment grew the fund's investment by 14.6%, bringing its total count to 45,509 shares. The reported value of the holding reached $15,982,306 at the time of the filing.

Other Institutional Activity in Broadcom

Other funds adjusted their positions around the same filing date. Midwest Trust grew its holdings by 37,041 shares, ending with 497,152 shares worth about $174.6 million. Perigon Wealth Management lowered its stake by 9,926 shares to finish with 147,532 shares valued at roughly $51.8 million. Oriental Harbor Investment Master Fund trimmed its position by 65,583 shares, leaving it with 364 shares worth about $127,833. Sepio Capital cut its holdings by 4,293 shares, ending with 805 shares valued at about $282,771.

Broadcom Inc. Stock Down 3.3%

Broadcom Inc. recently traded around $323.33 as of October 23, 2026, roughly even with its close of $323.24 on the filing date. The stock has faced downward pressure, sitting below both its 50-day moving average of $360.54 and its 200-day moving average of $368.04. Shares have traded between a 52-week low of $289.96 and a 52-week high of $495.00.

Recent Earnings

Broadcom Inc. generated $89.1 billion in trailing twelve-month revenue. The chip maker posted earnings of $7.83 per share over the same period, alongside a net profit margin of 42.9% and a return on equity of 44.2%. The company's next earnings report is scheduled for December 9, 2026.

Dividend

Broadcom Inc. pays an annual dividend rate of $2.60 per share, which translates to a dividend yield of 0.77%. The company allocates 32.4% of its earnings toward dividend payouts.

Insider Buying and Selling at Broadcom Inc.

Company insiders executed several transactions prior to the filing. Director Justine F. Page sold 1,602 shares on June 29, 2026, at an average price of $373.86 for a total value of $598,916. Director Gayla J. Delly sold 1,890 shares on July 8, 2026, at $385.38 per share, totaling $728,368. Officer Mark David Brazeal sold 25,000 shares on July 8, 2026, at $379.19 per share for $9,479,700, and later sold another 25,000 shares on July 10, 2026, at $401.33 per share for $10,033,225.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On September 3, 2026, Macquarie upgraded the stock to an outperform rating with a $490 price target. Citigroup maintained a buy rating on September 4, 2026, and raised its target from $500 to $515. DA Davidson maintained a neutral rating on September 4, 2026, while lowering its target from $400 to $350. Piper Sandler initiated coverage with an overweight rating and a $460 target on September 10, 2026. Later, on October 22, 2026, Tigress Financial initiated coverage with a buy rating and a $600 price target. Broadcom Inc. holds a consensus strong buy rating from 47 analysts, with a mean price target of $527.59.

About Broadcom

Headquartered in Palo Alto, California, Broadcom Inc. designs and supplies semiconductor devices and infrastructure software solutions globally. The company operates through two main segments focused on semiconductor hardware and enterprise software applications.

Bottom Line

Howland Capital Management's increased stake reflects active portfolio adjustments as shares trade below medium-term averages. Investors will look to the upcoming December 9 earnings report for further clarity on growth across the company's semiconductor and software divisions.