Bond & Devick Financial Network Inc. Invests $226,000 in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Bond & Devick Financial Network Inc. has acquired a new position in Taiwan Semiconductor Manufacturing Company Ltd., purchasing 998 shares valued at approximately $226,000.
• Analysts are optimistic about TSM, with several brokerages upgrading their ratings; Barclays increased its price target from $275.00 to $325.00.
• Taiwan Semiconductor Manufacturing recently announced an increase in its quarterly dividend from $0.65 to $0.8348, representing a 1.3% annual yield.

Bond & Devick Financial Network Inc. acquired a new position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 998 shares of the semiconductor company's stock, valued at approximately $226,000.

A number of other institutional investors have also made changes to their positions in TSM. Mitchell & Pahl Private Wealth LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 2.0% during the second quarter. Mitchell & Pahl Private Wealth LLC now owns 8,055 shares of the semiconductor company's stock worth $1,824,000 after purchasing an additional 159 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 60.3% during the second quarter. Farther Finance Advisors LLC now owns 21,057 shares of the semiconductor company's stock valued at $4,769,000 after buying an additional 7,923 shares during the last quarter. Busey Bank increased its position in shares of Taiwan Semiconductor Manufacturing by 20.4% during the second quarter. Busey Bank now owns 3,016 shares of the semiconductor company's stock valued at $683,000 after acquiring an additional 511 shares in the last quarter. Silver Oak Securities Incorporated boosted its stake in shares of Taiwan Semiconductor Manufacturing by 18.7% during the 2nd quarter. Silver Oak Securities Incorporated now owns 29,583 shares of the semiconductor company's stock worth $6,700,000 after acquiring an additional 4,653 shares during the last quarter. Finally, UMB Bank n.a. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 11.6% in the 2nd quarter. UMB Bank n.a. now owns 6,830 shares of the semiconductor company's stock worth $1,547,000 after buying an additional 712 shares during the last quarter. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock traded down $4.37 on Friday, hitting $264.27. The company's stock had a trading volume of 17,619,494 shares, compared to its average volume of 10,984,586. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37. The firm has a fifty day moving average price of $241.95 and a 200-day moving average price of $206.09. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $270.54. The company has a market capitalization of $1.37 trillion, a price-to-earnings ratio of 30.13, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.13 by $0.34. The company had revenue of $30.07 billion during the quarter, compared to analysts' expectations of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The business's quarterly revenue was up 44.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate 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 announced a quarterly dividend, which will be paid on Thursday, January 8th. Investors 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 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing's payout ratio is 29.99%.

Analyst Ratings Changes

Several research firms recently commented on TSM. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Needham & Company LLC restated a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Barclays boosted their price target on shares of Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an "overweight" rating in a report on Tuesday, September 16th. Finally, Susquehanna increased their price objective on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a report on Monday, July 14th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and an average target price of $286.67.

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.