Allspring Global Investments Holdings LLC Cuts Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Allspring Global Investments Holdings LLC reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 42.6% in the second quarter, now owning approximately 1.8 million shares.
• Several hedge funds have recently either increased or started new positions in Taiwan Semiconductor Manufacturing, indicating ongoing interest and activity among institutional investors.
• Taiwan Semiconductor Manufacturing has received a consensus rating of "Moderate Buy" from analysts, with an average target price of $333.33.

Allspring Global Investments Holdings LLC cut its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 42.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,806,933 shares of the semiconductor company's stock after selling 1,338,822 shares during the period. Taiwan Semiconductor Manufacturing comprises approximately 0.7% of Allspring Global Investments Holdings LLC's portfolio, making the stock its 16th largest position. Allspring Global Investments Holdings LLC's holdings in Taiwan Semiconductor Manufacturing were worth $405,982,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TSM. 1248 Management LLC purchased a new position in Taiwan Semiconductor Manufacturing in the first quarter worth $28,000. Graybill Wealth Management LTD. purchased a new position in Taiwan Semiconductor Manufacturing in the first quarter worth $33,000. Vision Financial Markets LLC purchased a new position in Taiwan Semiconductor Manufacturing in the first quarter worth $33,000. Keener Financial Planning LLC purchased a new position in Taiwan Semiconductor Manufacturing in the first quarter worth $39,000. Finally, Hemington Wealth Management grew its position in Taiwan Semiconductor Manufacturing by 78.2% in the first quarter. Hemington Wealth Management now owns 253 shares of the semiconductor company's stock worth $41,000 after acquiring an additional 111 shares in the last quarter. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. 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. Susquehanna upped their target price on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a "positive" rating in a research report on Friday. Needham & Company LLC reissued a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Weiss Ratings reissued a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 8th. Finally, Barclays boosted their price target on shares of Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the stock an "overweight" rating in a research note on Thursday. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of "Moderate Buy" and an average target price of $333.33.

Taiwan Semiconductor Manufacturing Stock Performance

Taiwan Semiconductor Manufacturing stock opened at $281.08 on Monday. The company has a market capitalization of $1.46 trillion, a PE ratio of 32.05, a P/E/G ratio of 1.34 and a beta of 1.28. The firm has a fifty day simple moving average of $255.91 and a two-hundred day simple moving average of $217.76. 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 $307.30.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.13 by $0.34. The firm had revenue of $30.07 billion during the quarter, compared to the consensus estimate of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The company's quarterly revenue was up 44.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be paid a dividend of $0.8348 per share. This represents a $3.34 annualized dividend and a dividend yield of 1.2%. This is a positive change 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 payout ratio is currently 29.99%.

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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