Marks Group Wealth Management Inc Sells 586 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Marks Group Wealth Management Inc lessened its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 8.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,084 shares of the semiconductor company’s stock after selling 586 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Taiwan Semiconductor Manufacturing were worth $1,378,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Merit Financial Group LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 32.2% in the 2nd quarter. Merit Financial Group LLC now owns 25,772 shares of the semiconductor company’s stock worth $5,837,000 after buying an additional 6,284 shares during the period. Keudell Morrison Wealth Management bought a new position in shares of Taiwan Semiconductor Manufacturing in the second quarter worth $232,000. Fortitude Advisory Group L.L.C. purchased a new position in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at $311,000. Simplicity Wealth LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 99.9% during the 2nd quarter. Simplicity Wealth LLC now owns 8,025 shares of the semiconductor company’s stock valued at $1,818,000 after purchasing an additional 4,010 shares during the period. Finally, OLD National Bancorp IN purchased a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $11,933,000. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE:TSM opened at $302.36 on Tuesday. 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 firm’s fifty day simple moving average is $251.53 and its 200 day simple moving average is $214.43. The stock has a market cap of $1.57 trillion, a P/E ratio of 34.48, a price-to-earnings-growth ratio of 1.39 and a beta of 1.28. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $307.30.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.13 by $0.34. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The firm had revenue of $30.07 billion during the quarter, compared to analysts’ expectations of $28.50 billion. During the same period last year, the company posted $1.48 EPS. The company’s quarterly revenue was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be given a $0.8348 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $3.34 annualized dividend and a dividend yield of 1.1%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 29.99%.

Analyst Ratings Changes

TSM has been the subject of a number of recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Saturday, September 27th. Barclays lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the stock an “overweight” rating in a report on Tuesday, September 16th. Susquehanna increased their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a “positive” rating in a research note on Monday, July 14th. Finally, Wall Street Zen raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Sunday, August 31st. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing currently has an average rating of “Moderate Buy” and a consensus target price of $286.67.

Taiwan Semiconductor Manufacturing 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.