Armistice Capital LLC Acquires 12,000 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Armistice Capital LLC has increased its holdings in Taiwan Semiconductor Manufacturing Company Ltd. by 24%, purchasing an additional 12,000 shares, bringing its total ownership to 62,000 shares valued at approximately $10.3 million.
• The company recently announced a quarterly dividend increase to $0.8348, up from the previous $0.65, indicating a positive trend for shareholders.
• Taiwan Semiconductor's stock has shown both significant earnings growth and a robust market position, reporting $30.07 billion in revenue for the last quarter, which surpassed analysts' expectations.

Armistice Capital LLC increased its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 24.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,000 shares of the semiconductor company's stock after purchasing an additional 12,000 shares during the period. Armistice Capital LLC's holdings in Taiwan Semiconductor Manufacturing were worth $10,292,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale grew its stake in Taiwan Semiconductor Manufacturing by 0.9% in the first quarter. DekaBank Deutsche Girozentrale now owns 1,339,479 shares of the semiconductor company's stock worth $214,442,000 after purchasing an additional 11,693 shares during the period. Pinnacle Investment Management Ltd purchased a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth $26,661,000. Quantbot Technologies LP grew its stake in Taiwan Semiconductor Manufacturing by 452.2% in the first quarter. Quantbot Technologies LP now owns 47,425 shares of the semiconductor company's stock worth $7,873,000 after purchasing an additional 38,837 shares during the period. Sentry LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the first quarter worth $222,000. Finally, In Depth Partners LLC grew its stake in Taiwan Semiconductor Manufacturing by 36.1% in the first quarter. In Depth Partners LLC now owns 73,757 shares of the semiconductor company's stock worth $12,244,000 after purchasing an additional 19,547 shares during the period. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Stock Down 3.0%

TSM stock opened at $231.01 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $134.25 and a fifty-two week high of $248.28. The business's 50-day moving average is $234.90 and its two-hundred day moving average is $199.78. 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 company has a market cap of $1.20 trillion, a price-to-earnings ratio of 26.34, a P/E/G ratio of 1.10 and a beta of 1.19.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, beating analysts' consensus estimates of $2.13 by $0.34. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The company had revenue of $30.07 billion for the quarter, compared to the consensus estimate of $28.50 billion. During the same quarter in the prior year, the company earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing'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, analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced 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 is a positive change 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 dividend payout ratio is currently 28.16%.

Analysts Set New Price Targets

TSM has been the topic of several recent research reports. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Susquehanna increased their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research note on Monday, July 14th. Barclays reissued an "overweight" rating and issued a $240.00 target price (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 3rd. Finally, Needham & Company LLC reissued a "buy" rating and issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of "Buy" and an average target price of $258.33.

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.

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