Impax Asset Management Group plc Cuts Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Impax Asset Management Group plc trimmed its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 2.2% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 30,290 shares of the semiconductor company’s stock after selling 668 shares during the quarter. Impax Asset Management Group plc’s holdings in Taiwan Semiconductor Manufacturing were worth $6,860,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Renasant Bank increased its stake in shares of Taiwan Semiconductor Manufacturing by 10.1% in the second quarter. Renasant Bank now owns 2,515 shares of the semiconductor company’s stock worth $570,000 after acquiring an additional 231 shares during the period. Geode Capital Management LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 6.8% in the second quarter. Geode Capital Management LLC now owns 676,178 shares of the semiconductor company’s stock valued at $153,148,000 after buying an additional 43,139 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Taiwan Semiconductor Manufacturing by 1.4% in the second quarter. PNC Financial Services Group Inc. now owns 1,012,835 shares of the semiconductor company’s stock valued at $229,397,000 after purchasing an additional 14,038 shares during the period. Central Asset Investments & Management Holdings HK Ltd increased its stake in Taiwan Semiconductor Manufacturing by 312.6% during the 2nd quarter. Central Asset Investments & Management Holdings HK Ltd now owns 34,713 shares of the semiconductor company’s stock worth $7,862,000 after buying an additional 26,300 shares in the last quarter. Finally, KBC Group NV raised its stake in Taiwan Semiconductor Manufacturing by 20.3% in the 2nd quarter. KBC Group NV now owns 112,831 shares of the semiconductor company’s stock valued at $25,555,000 after purchasing an additional 19,026 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

NYSE:TSM opened at $281.82 on Friday. The firm has a market cap of $1.46 trillion, a price-to-earnings ratio of 28.90, a price-to-earnings-growth ratio of 1.02 and a beta of 1.31. 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 Company Ltd. has a 12-month low of $134.25 and a 12-month high of $311.37. The company’s 50-day moving average is $284.61 and its two-hundred day moving average is $240.69.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share 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 business had revenue of $32.36 billion for the quarter, compared to analyst estimates of $951.89 billion. During the same period in the prior year, the firm posted $1.94 EPS. The company’s revenue was up 40.1% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. Research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Tuesday, March 17th will be paid a dividend of $0.9678 per share. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $3.87 annualized dividend and a yield of 1.4%. Taiwan Semiconductor Manufacturing’s payout ratio is presently 26.97%.

Analyst Ratings Changes

Several equities research analysts have issued reports on TSM shares. Barclays raised their target price on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the stock an “overweight” rating in a research note on Friday, October 17th. Susquehanna increased their price objective on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a “positive” rating in a research note on Friday, October 10th. Itau BBA Securities initiated coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They issued an “outperform” rating on the stock. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 1st. Finally, Needham & Company LLC reissued a “buy” rating and issued a $360.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, October 27th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing currently has an average rating of “Moderate Buy” and an average price target of $371.67.

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.