Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Lockheed Martin Investment Management Co.

Lockheed Martin Investment Management Co. cut its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 63.8% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 49,900 shares of the semiconductor company’s stock after selling 87,800 shares during the period. Lockheed Martin Investment Management Co.’s holdings in Taiwan Semiconductor Manufacturing were worth $11,302,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. AMG National Trust Bank raised its position in Taiwan Semiconductor Manufacturing by 1.1% during the second quarter. AMG National Trust Bank now owns 27,931 shares of the semiconductor company’s stock worth $6,326,000 after acquiring an additional 309 shares during the period. Creekmur Asset Management LLC raised its position in Taiwan Semiconductor Manufacturing by 83.0% during the second quarter. Creekmur Asset Management LLC now owns 302 shares of the semiconductor company’s stock worth $68,000 after acquiring an additional 137 shares during the period. Kovack Advisors Inc. raised its position in shares of Taiwan Semiconductor Manufacturing by 37.7% in the second quarter. Kovack Advisors Inc. now owns 12,259 shares of the semiconductor company’s stock valued at $2,776,000 after buying an additional 3,356 shares during the last quarter. Earned Wealth Advisors LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at about $281,000. Finally, Pinnacle Associates Ltd. raised its position in shares of Taiwan Semiconductor Manufacturing by 25.9% in the second quarter. Pinnacle Associates Ltd. now owns 16,527 shares of the semiconductor company’s stock valued at $3,743,000 after buying an additional 3,398 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock opened at $302.90 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $134.25 and a 12-month high of $311.37. The stock has a market cap of $1.57 trillion, a P/E ratio of 31.07, a PEG ratio of 1.02 and a beta of 1.28. The company has a 50-day moving average price of $272.91 and a 200 day moving average price of $231.16. 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) last released its quarterly earnings data on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.33. Taiwan Semiconductor Manufacturing had a net margin of 43.72% and a return on equity of 36.06%. The firm had revenue of $32.36 billion during the quarter, compared to analysts’ expectations of $951.89 billion. During the same period last year, the business earned $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. Sell-side 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 business also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be paid a dividend of $0.8348 per share. This represents a $3.34 annualized dividend and a yield of 1.1%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing’s payout ratio is 26.97%.

Wall Street Analyst Weigh In

TSM has been the subject of a number of recent research reports. Barclays increased their target price on shares of Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 18th. Weiss Ratings upgraded shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 24th. Needham & Company LLC reiterated a “buy” rating and issued a $360.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Monday. Finally, Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 17th. Six analysts have rated the stock with a Buy rating, According to 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.