Chicago Capital LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 1.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 399,072 shares of the semiconductor company’s stock after buying an additional 7,488 shares during the quarter. Taiwan Semiconductor Manufacturing makes up approximately 2.2% of Chicago Capital LLC’s portfolio, making the stock its 12th biggest position. Chicago Capital LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $90,386,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the business. Alliance Wealth Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing by 2.4% during the second quarter. Alliance Wealth Advisors LLC now owns 1,815 shares of the semiconductor company’s stock worth $411,000 after purchasing an additional 43 shares during the last quarter. Westmount Partners LLC lifted its stake in Taiwan Semiconductor Manufacturing by 2.2% during the second quarter. Westmount Partners LLC now owns 2,126 shares of the semiconductor company’s stock worth $481,000 after purchasing an additional 45 shares during the last quarter. Mirador Capital Partners LP lifted its stake in Taiwan Semiconductor Manufacturing by 2.6% during the second quarter. Mirador Capital Partners LP now owns 1,785 shares of the semiconductor company’s stock worth $404,000 after purchasing an additional 45 shares during the last quarter. Genesis Private Wealth LLC lifted its stake in Taiwan Semiconductor Manufacturing by 2.3% during the second quarter. Genesis Private Wealth LLC now owns 2,168 shares of the semiconductor company’s stock worth $491,000 after purchasing an additional 48 shares during the last quarter. Finally, Leonard Rickey Investment Advisors P.L.L.C. lifted its stake in Taiwan Semiconductor Manufacturing by 3.3% during the second quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 1,611 shares of the semiconductor company’s stock worth $365,000 after purchasing an additional 52 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.
Wall Street Analyst Weigh In
TSM has been the subject of several recent analyst reports. Susquehanna boosted their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a “positive” rating in a research note on Monday, July 14th. Barclays boosted their price objective on Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an “overweight” rating in a research note on Tuesday, September 16th. Needham & Company LLC reiterated a “buy” rating and issued a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Finally, Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Sunday, August 31st. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has an average rating of “Buy” and an average target price of $286.67.
Taiwan Semiconductor Manufacturing Trading Up 0.2%
Shares of TSM stock opened at $273.79 on Tuesday. The business’s fifty day moving average price is $246.60 and its 200 day moving average price is $210.42. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $134.25 and a 1-year high of $286.00. The firm has a market capitalization of $1.42 trillion, a PE ratio of 31.22, a P/E/G ratio of 1.30 and a beta of 1.23. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last announced its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.13 by $0.34. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The firm had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. During the same quarter in the prior year, the company posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing’s quarterly revenue was up 44.4% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.
Taiwan Semiconductor Manufacturing Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be issued a dividend of $0.8348 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. This represents a $3.34 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 29.42%.
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.
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