Acorn Financial Advisory Services Inc. ADV purchased a new position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,422 shares of the semiconductor company’s stock, valued at approximately $322,000.
Several other institutional investors have also added to or reduced their stakes in the business. Jag Capital Management LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 5.2% in the second quarter. Jag Capital Management LLC now owns 44,925 shares of the semiconductor company’s stock worth $10,175,000 after acquiring an additional 2,229 shares in the last quarter. Cornerstone Wealth Group LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 6.4% in the second quarter. Cornerstone Wealth Group LLC now owns 2,146 shares of the semiconductor company’s stock worth $486,000 after purchasing an additional 129 shares during the last quarter. Defender Capital LLC. purchased a new position in shares of Taiwan Semiconductor Manufacturing in the second quarter worth about $226,000. Verdence Capital Advisors LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 29.0% in the second quarter. Verdence Capital Advisors LLC now owns 22,947 shares of the semiconductor company’s stock worth $5,197,000 after purchasing an additional 5,165 shares during the last quarter. Finally, Astoria Portfolio Advisors LLC. purchased a new position in shares of Taiwan Semiconductor Manufacturing in the second quarter worth about $219,000. Institutional investors and hedge funds own 16.51% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on the company. Barclays raised their price objective on Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday. Needham & Company LLC reissued a “buy” rating and issued a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Susquehanna lifted their price target on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a “positive” rating in a research note on Friday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 8th. Finally, Wall Street Zen raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Sunday, August 31st. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $333.33.
Taiwan Semiconductor Manufacturing Stock Performance
Shares of NYSE:TSM opened at $303.14 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15. The business’s 50 day moving average price is $257.20 and its 200-day moving average price is $218.72. The firm has a market capitalization of $1.57 trillion, a PE ratio of 34.57, a P/E/G ratio of 1.34 and a beta of 1.28. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $307.30.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last released 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. The company had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The firm’s revenue for the quarter was up 44.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.
Taiwan Semiconductor Manufacturing Increases Dividend
The business also recently disclosed 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 dividend on an annualized basis and a yield of 1.1%. This is an increase 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 dividend payout ratio is presently 29.65%.
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.
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