Whittier Trust Co. raised its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 5.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,123 shares of the semiconductor company’s stock after purchasing an additional 2,527 shares during the period. Whittier Trust Co.’s holdings in Taiwan Semiconductor Manufacturing were worth $12,032,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of TSM. Liberty One Investment Management LLC boosted its stake in Taiwan Semiconductor Manufacturing by 4.3% during the 2nd quarter. Liberty One Investment Management LLC now owns 1,076 shares of the semiconductor company’s stock valued at $244,000 after purchasing an additional 44 shares during the last quarter. Mid American Wealth Advisory Group Inc. bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter worth approximately $33,000. Klingman & Associates LLC bought a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter valued at $645,000. Phoenix Financial Ltd. raised its holdings in Taiwan Semiconductor Manufacturing by 4.3% during the 2nd quarter. Phoenix Financial Ltd. now owns 465,350 shares of the semiconductor company’s stock valued at $105,464,000 after acquiring an additional 19,272 shares during the period. Finally, Avidian Wealth Enterprises LLC raised its holdings in Taiwan Semiconductor Manufacturing by 7.9% during the 2nd quarter. Avidian Wealth Enterprises LLC now owns 7,428 shares of the semiconductor company’s stock valued at $1,682,000 after acquiring an additional 546 shares during the period. 16.51% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on TSM shares. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday. Barclays upped their price objective on shares of Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an “overweight” rating in a report on Friday. Needham & Company LLC upped their price objective on shares of Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the stock a “buy” rating in a research report on Thursday, October 16th. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Susquehanna increased their target price on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a “positive” rating in a research note on Friday, October 10th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing has an average rating of “Moderate Buy” and a consensus target price of $371.67.
Taiwan Semiconductor Manufacturing Trading Down 1.1%
NYSE TSM opened at $294.53 on Wednesday. The stock has a market capitalization of $1.53 trillion, a price-to-earnings ratio of 30.21, a PEG ratio of 1.00 and a beta of 1.28. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $134.25 and a 52 week high of $311.37. The stock’s 50 day moving average price is $264.29 and its two-hundred day moving average price is $224.00. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last released its quarterly earnings data on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.33. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The business had revenue of $32.36 billion for the quarter, compared to analyst estimates of $951.89 billion. During the same period last year, the firm posted $1.94 earnings per share. Taiwan Semiconductor Manufacturing’s revenue was up 40.1% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. As a group, analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal 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 given a dividend of $0.8348 per share. The ex-dividend date is Thursday, December 11th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. This represents a $3.34 annualized dividend and a yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 26.97%.
Taiwan Semiconductor Manufacturing Company Profile
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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