Taiwan Semiconductor Manufacturing’s (TSM) Buy Rating Reiterated at Needham & Company LLC

Needham & Company LLC reiterated their buy rating on shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) in a research report sent to investors on Monday morning,Benzinga reports. They currently have a $360.00 target price on the semiconductor company’s stock.

Several other brokerages have also recently weighed in on TSM. Weiss Ratings raised Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 24th. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 18th. Barclays upped their target price on shares of Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the stock an “overweight” rating in a research report on Friday, October 17th. Itau BBA Securities assumed coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, October 7th. They set an “outperform” rating on the stock. Finally, Citigroup restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 17th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $371.67.

Taiwan Semiconductor Manufacturing Price Performance

TSM stock opened at $305.23 on Monday. 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 has a 1 year low of $134.25 and a 1 year high of $311.37. The firm has a 50-day moving average of $271.41 and a 200 day moving average of $230.66. The company has a market cap of $1.58 trillion, a P/E ratio of 31.31, a PEG ratio of 1.01 and a beta of 1.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted 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 analysts’ expectations of $951.89 billion. During the same period in the previous year, the firm posted $1.94 EPS. The business’s revenue was up 40.1% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. On average, sell-side analysts forecast that Taiwan Semiconductor Manufacturing will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors 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 a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing’s payout ratio is presently 26.67%.

Institutional Investors Weigh In On Taiwan Semiconductor Manufacturing

Several institutional investors and hedge funds have recently modified their holdings of the stock. Scissortail Wealth Management LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter worth $209,000. McAdam LLC bought a new stake in Taiwan Semiconductor Manufacturing in the 3rd quarter valued at $270,000. Triasima Portfolio Management inc. increased its holdings in Taiwan Semiconductor Manufacturing by 29.6% in the 3rd quarter. Triasima Portfolio Management inc. now owns 28,634 shares of the semiconductor company’s stock valued at $7,997,000 after acquiring an additional 6,545 shares during the last quarter. Sage Mountain Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing by 37.6% in the 3rd quarter. Sage Mountain Advisors LLC now owns 9,213 shares of the semiconductor company’s stock worth $2,573,000 after purchasing an additional 2,519 shares in the last quarter. Finally, Inscription Capital LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 14.2% during the 3rd quarter. Inscription Capital LLC now owns 3,488 shares of the semiconductor company’s stock valued at $974,000 after purchasing an additional 435 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.

About Taiwan Semiconductor Manufacturing

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.