AlTi Global Inc. Sells 1,978 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• AlTi Global Inc. has reduced its stake in Taiwan Semiconductor Manufacturing Company by 58.3%, selling 1,978 shares to hold 1,417 shares valued at approximately $236,000.
• Taiwan Semiconductor reported strong quarterly earnings with a profit of $2.47 per share, exceeding analysts' expectations, and had revenues of $30.07 billion for the quarter.
• The company announced an increase in its dividend, with a new quarterly rate of $0.8348 to be paid on January 8th, reflecting an annual yield of 1.4%.

AlTi Global Inc. cut its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 58.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,417 shares of the semiconductor company's stock after selling 1,978 shares during the period. AlTi Global Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $236,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of TSM. Brighton Jones LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 20.9% during the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock valued at $2,159,000 after acquiring an additional 1,892 shares during the last quarter. Cary Street Partners Financial LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter valued at about $1,494,000. CoreCap Advisors LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 21.3% during the fourth quarter. CoreCap Advisors LLC now owns 3,683 shares of the semiconductor company's stock valued at $727,000 after acquiring an additional 646 shares during the last quarter. Driehaus Capital Management LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 1.2% during the fourth quarter. Driehaus Capital Management LLC now owns 3,108,347 shares of the semiconductor company's stock valued at $613,867,000 after acquiring an additional 37,080 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in shares of Taiwan Semiconductor Manufacturing by 24.9% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 697,460 shares of the semiconductor company's stock valued at $137,741,000 after acquiring an additional 139,208 shares during the last quarter. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE TSM opened at $235.15 on Friday. The stock has a market capitalization of $1.22 trillion, a P/E ratio of 26.81, a P/E/G ratio of 1.10 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 Company Ltd. has a 1 year low of $134.25 and a 1 year high of $248.28. The company's 50-day moving average is $235.88 and its 200 day moving average is $200.59.

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 for the quarter, topping analysts' consensus estimates of $2.13 by $0.34. The business had revenue of $30.07 billion for 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 revenue was up 44.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be issued a $0.8348 dividend. This represents a $3.34 dividend on an annualized basis and a yield of 1.4%. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 28.16%.

Analyst Ratings Changes

Several equities analysts have recently commented on TSM shares. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Needham & Company LLC reaffirmed a "buy" rating and set a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. 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. Barclays reiterated an "overweight" rating and set a $240.00 price target (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Finally, Susquehanna boosted their price target on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research report on Monday, July 14th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $258.33.

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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