Ariel Investments LLC Decreases Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Ariel Investments LLC has reduced its stake in Taiwan Semiconductor Manufacturing Company by 62.2%, now holding approximately $5 million worth of shares.
• Institutional investor confidence remains strong, with several firms increasing their stakes, including Amundi and CMT Capital Markets Trading GmbH, by up to 128.9%.
• The company recently announced an increase in its quarterly dividend to $0.8348, reflecting a 1.5% dividend yield and a payout ratio of 28.16%.

Ariel Investments LLC decreased its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 62.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 30,108 shares of the semiconductor company's stock after selling 49,530 shares during the quarter. Ariel Investments LLC's holdings in Taiwan Semiconductor Manufacturing were worth $4,998,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in TSM. City Holding Co. lifted its stake in Taiwan Semiconductor Manufacturing by 238.0% in the first quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock valued at $28,000 after buying an additional 119 shares during the last quarter. Signature Resources Capital Management LLC raised its position in Taiwan Semiconductor Manufacturing by 138.8% in the 1st quarter. Signature Resources Capital Management LLC now owns 191 shares of the semiconductor company's stock valued at $32,000 after purchasing an additional 111 shares during the last quarter. Graybill Wealth Management LTD. acquired a new stake in Taiwan Semiconductor Manufacturing during the 1st quarter worth $33,000. Vision Financial Markets LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 1st quarter worth $33,000. Finally, Mpwm Advisory Solutions LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth $40,000. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM traded up $7.81 during mid-day trading on Friday, hitting $243.02. The company's stock had a trading volume of 14,039,042 shares, compared to its average volume of 9,404,776. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $134.25 and a 1-year 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 firm has a 50-day simple moving average of $236.17 and a 200 day simple moving average of $200.87.

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

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be issued a dividend of $0.8348 per share. 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 1.4%. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing's payout ratio is presently 29.30%.

Analyst Ratings Changes

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

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.