Oak Grove Capital LLC Purchases 9,400 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Oak Grove Capital LLC grew its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 18.7% in the second quarter, HoldingsChannel.com reports. The fund owned 59,555 shares of the semiconductor company’s stock after buying an additional 9,400 shares during the period. Taiwan Semiconductor Manufacturing comprises about 2.2% of Oak Grove Capital LLC’s portfolio, making the stock its 15th biggest holding. Oak Grove Capital LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $13,489,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Bessemer Group Inc. grew its position in shares of Taiwan Semiconductor Manufacturing by 4.4% in the 2nd quarter. Bessemer Group Inc. now owns 832,689 shares of the semiconductor company’s stock valued at $188,597,000 after acquiring an additional 35,013 shares during the period. First Command Advisory Services Inc. grew its position in shares of Taiwan Semiconductor Manufacturing by 174.1% in the 2nd quarter. First Command Advisory Services Inc. now owns 159 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 101 shares during the period. Pasadena Private Wealth LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $251,000. Delta Investment Management LLC grew its stake in Taiwan Semiconductor Manufacturing by 271.2% in the 2nd quarter. Delta Investment Management LLC now owns 24,512 shares of the semiconductor company’s stock valued at $5,552,000 after buying an additional 17,909 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in Taiwan Semiconductor Manufacturing by 3.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,860,621 shares of the semiconductor company’s stock valued at $874,392,000 after buying an additional 133,305 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE TSM opened at $295.22 on Monday. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $1.53 trillion, a P/E ratio of 30.28, a P/E/G ratio of 0.99 and a beta of 1.28. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $134.25 and a 12-month high of $311.37. The firm has a 50-day moving average price of $267.36 and a two-hundred day moving average price of $227.59.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.33. The firm had revenue of $32.36 billion during the quarter, compared to the consensus estimate of $951.89 billion. Taiwan Semiconductor Manufacturing had a net margin of 43.72% and a return on equity of 36.06%. The business’s revenue for the quarter was up 40.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.94 EPS. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. 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 disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be issued a $0.8348 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $3.34 dividend on an annualized basis and a yield of 1.1%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing’s payout ratio is presently 26.67%.

Analysts Set New Price Targets

A number of research analysts recently commented on TSM shares. Susquehanna upped their price target on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a “positive” rating in a research note on Friday, October 10th. Weiss Ratings upgraded shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 17th. Barclays upped their price target on shares of Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. Finally, Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 18th. Six equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $371.67.

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.