Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Holdings Decreased by Alight Capital Management LP

Key Points

• Alight Capital Management LP reduced its stake in Taiwan Semiconductor Manufacturing Company by 12.5%, dropping to 35,000 shares after selling 5,000 shares in the first quarter.
• Taiwan Semiconductor's latest earnings report showed strong performance, with $2.47 EPS and revenue of $30.07 billion, exceeding analysts' expectations significantly.
• The company announced an increase in its quarterly dividend to $0.8348 per share, set to be paid on January 8th, with a yield of 1.5%.

Alight Capital Management LP trimmed its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 12.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,000 shares of the semiconductor company's stock after selling 5,000 shares during the period. Taiwan Semiconductor Manufacturing comprises approximately 2.7% of Alight Capital Management LP's portfolio, making the stock its 10th largest position. Alight Capital Management LP's holdings in Taiwan Semiconductor Manufacturing were worth $5,810,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. First Heartland Consultants Inc. boosted its position in Taiwan Semiconductor Manufacturing by 4.2% during the fourth quarter. First Heartland Consultants Inc. now owns 1,236 shares of the semiconductor company's stock valued at $244,000 after buying an additional 50 shares during the period. Formidable Asset Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 3.2% during the fourth quarter. Formidable Asset Management LLC now owns 1,606 shares of the semiconductor company's stock worth $317,000 after purchasing an additional 50 shares during the period. Connecticut Wealth Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 0.7% during the fourth quarter. Connecticut Wealth Management LLC now owns 7,416 shares of the semiconductor company's stock worth $1,465,000 after purchasing an additional 55 shares during the period. Brown Shipley& Co Ltd boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 1.4% during the first quarter. Brown Shipley& Co Ltd now owns 3,926 shares of the semiconductor company's stock worth $652,000 after purchasing an additional 55 shares during the period. Finally, WealthPlan Investment Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 3.2% during the first quarter. WealthPlan Investment Management LLC now owns 1,847 shares of the semiconductor company's stock worth $307,000 after purchasing an additional 57 shares during the period. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on TSM shares. Barclays reiterated an "overweight" rating and set a $240.00 target price (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 3rd. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Susquehanna increased their target price on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a report on Monday, July 14th. Finally, Needham & Company LLC restated a "buy" rating and issued a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of "Buy" and an average price target of $258.33.

Taiwan Semiconductor Manufacturing Stock Up 3.3%

TSM traded up $7.81 on Friday, hitting $243.02. The company had a trading volume of 14,039,042 shares, compared to its average volume of 9,404,776. The stock has a fifty day simple moving average of $236.17 and a 200-day simple moving average of $200.87. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $134.25 and a 52-week high of $248.28. The firm has a market capitalization of $1.26 trillion, a P/E ratio of 27.71, a P/E/G ratio of 1.12 and a beta of 1.23. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results 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. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The firm had revenue of $30.07 billion during the quarter, compared to analyst estimates of $28.50 billion. During the same period last year, the business earned $1.48 earnings per share. The business's revenue was up 44.4% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be issued a dividend of $0.8348 per share. The ex-dividend date is Thursday, December 11th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 annualized dividend and a dividend yield of 1.4%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 29.30%.

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.