Genus Capital Management Inc. Sells 6,671 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Genus Capital Management Inc. trimmed its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSMFree Report) by 53.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,775 shares of the semiconductor company’s stock after selling 6,671 shares during the quarter. Genus Capital Management Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $1,308,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Brighton Jones LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 20.9% in the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company’s stock worth $2,159,000 after purchasing an additional 1,892 shares during the period. Financial Counselors Inc. boosted its position in shares of Taiwan Semiconductor Manufacturing by 8.5% in the first quarter. Financial Counselors Inc. now owns 13,594 shares of the semiconductor company’s stock worth $2,257,000 after purchasing an additional 1,061 shares during the period. Liberty One Investment Management LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 11.3% in the first quarter. Liberty One Investment Management LLC now owns 1,032 shares of the semiconductor company’s stock worth $171,000 after purchasing an additional 105 shares during the period. Stratos Wealth Advisors LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 4.3% in the first quarter. Stratos Wealth Advisors LLC now owns 7,446 shares of the semiconductor company’s stock worth $1,236,000 after buying an additional 308 shares in the last quarter. Finally, New Insight Wealth Advisors lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 7.5% in the first quarter. New Insight Wealth Advisors now owns 7,751 shares of the semiconductor company’s stock worth $1,287,000 after buying an additional 542 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TSM has been the topic of several research analyst reports. Susquehanna boosted their target price on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a “positive” rating in a report on Friday, October 10th. Needham & Company LLC reissued a “buy” rating and issued a $360.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Monday, October 27th. Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 17th. Barclays boosted their target price on shares of Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the stock an “overweight” rating in a report on Friday, October 17th. Finally, Itau BBA Securities initiated coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, October 7th. They issued an “outperform” rating on the stock. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $371.67.

View Our Latest Stock Analysis on Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock opened at $293.96 on Thursday. The company has a market cap of $1.52 trillion, a price-to-earnings ratio of 30.15, a PEG ratio of 1.02 and a beta of 1.31. The firm’s fifty day moving average is $277.84 and its 200 day moving average is $235.74. 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 52-week low of $134.25 and a 52-week high of $311.37.

Taiwan Semiconductor Manufacturing (NYSE:TSMGet Free Report) last released its quarterly earnings results on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.33. The company had revenue of $32.36 billion for the quarter, compared to the consensus estimate of $951.89 billion. Taiwan Semiconductor Manufacturing had a net margin of 43.72% and a return on equity of 36.06%. Taiwan Semiconductor Manufacturing’s revenue was up 40.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.94 earnings per share. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. 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 company also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be paid a $0.8348 dividend. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. This represents a $3.34 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing’s payout ratio is currently 26.97%.

Taiwan Semiconductor Manufacturing Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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