Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) during the second quarter, HoldingsChannel.com reports. The firm purchased 11,447 shares of the semiconductor company’s stock, valued at approximately $2,593,000.
A number of other institutional investors also recently bought and sold shares of the company. Apollon Wealth Management LLC boosted its position in Taiwan Semiconductor Manufacturing by 11.1% during the second quarter. Apollon Wealth Management LLC now owns 25,865 shares of the semiconductor company’s stock worth $5,858,000 after purchasing an additional 2,588 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its position in Taiwan Semiconductor Manufacturing by 7.1% during the second quarter. Fifth Third Wealth Advisors LLC now owns 8,805 shares of the semiconductor company’s stock worth $1,994,000 after purchasing an additional 584 shares in the last quarter. Milestones Administradora de Recursos Ltda. boosted its position in Taiwan Semiconductor Manufacturing by 210.1% during the second quarter. Milestones Administradora de Recursos Ltda. now owns 155,500 shares of the semiconductor company’s stock worth $35,219,000 after purchasing an additional 105,360 shares in the last quarter. PrairieView Partners LLC boosted its position in Taiwan Semiconductor Manufacturing by 16.2% during the second quarter. PrairieView Partners LLC now owns 825 shares of the semiconductor company’s stock worth $186,000 after purchasing an additional 115 shares in the last quarter. Finally, Cross Staff Investments Inc purchased a new stake in Taiwan Semiconductor Manufacturing during the second quarter worth $236,000. 16.51% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts have commented on the company. Susquehanna boosted their target price on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a “positive” rating in a research report on Friday. Weiss Ratings reissued a “hold (c+)” rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday. Needham & Company LLC reissued a “buy” rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Barclays boosted their price target on Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Itau BBA Securities initiated coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday. They issued an “outperform” rating for the company. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing currently has an average rating of “Moderate Buy” and a consensus target price of $333.33.
Taiwan Semiconductor Manufacturing Stock Performance
Taiwan Semiconductor Manufacturing stock opened at $281.08 on Friday. The firm has a market capitalization of $1.46 trillion, a P/E ratio of 32.05, a PEG ratio of 1.34 and a beta of 1.28. The stock has a fifty day moving average price of $255.91 and a 200 day moving average price of $217.42. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $134.25 and a 52 week high of $307.30. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last released its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.13 by $0.34. The firm had revenue of $30.07 billion during the quarter, compared to analyst estimates of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The business’s quarterly revenue was up 44.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.
Taiwan Semiconductor Manufacturing Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be paid a $0.8348 dividend. The ex-dividend date is Thursday, December 11th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. This represents a $3.34 annualized dividend and a yield of 1.2%. Taiwan Semiconductor Manufacturing’s payout ratio is currently 29.65%.
About Taiwan Semiconductor Manufacturing
Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.
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