Atlantic Edge Private Wealth Management LLC lessened its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 0.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,359 shares of the semiconductor company’s stock after selling 90 shares during the period. Taiwan Semiconductor Manufacturing accounts for about 1.3% of Atlantic Edge Private Wealth Management LLC’s portfolio, making the stock its 20th biggest position. Atlantic Edge Private Wealth Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $4,611,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently added to or reduced their stakes in the company. 1248 Management LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at $28,000. Graybill Wealth Management LTD. bought a new position in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at $33,000. Vision Financial Markets LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at $33,000. Keener Financial Planning LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at $39,000. Finally, Hemington Wealth Management increased its stake in shares of Taiwan Semiconductor Manufacturing by 78.2% in the 1st quarter. Hemington Wealth Management now owns 253 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 111 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.
Analyst Ratings Changes
TSM has been the topic of several recent analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 8th. Barclays lifted their price target on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an “overweight” rating in a research note on Friday. Needham & Company LLC raised their price objective on Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the company a “buy” rating in a report on Thursday, October 16th. Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday. Finally, Wall Street Zen raised Taiwan Semiconductor Manufacturing from a “buy” rating to a “strong-buy” rating in a report on Saturday. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $371.67.
Taiwan Semiconductor Manufacturing Trading Up 1.0%
NYSE TSM opened at $297.92 on Tuesday. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $311.37. The company has a market cap of $1.55 trillion, a price-to-earnings ratio of 30.56, a price-to-earnings-growth ratio of 1.02 and a beta of 1.28. The business’s fifty day moving average is $263.28 and its 200 day moving average is $223.51.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last announced its earnings results on Thursday, October 16th. The semiconductor company reported $2.92 EPS for the quarter, topping the consensus estimate of $2.59 by $0.33. The firm had revenue of $32.36 billion for the quarter, compared to the consensus estimate of $951.89 billion. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The business’s quarterly revenue was up 40.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.94 EPS. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. As a group, sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal 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 issued a dividend of $0.8348 per share. This represents a $3.34 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, December 11th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 26.67%.
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.
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