Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Position Increased by Bahl & Gaynor Inc.

Key Points

• Bahl & Gaynor Inc. significantly increased its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 223.9%, owning 536,913 shares valued at approximately $89.13 million by the end of the last reporting period.
• Several institutional investors, including Brighton Jones LLC and Two Sigma Securities LLC, also raised their positions in Taiwan Semiconductor, indicating an overall positive sentiment towards the stock among institutional investors.
• Analysts have a consensus rating of "Buy" for Taiwan Semiconductor, with a recent price target increase from $255 to $265 by Susquehanna.

Bahl & Gaynor Inc. grew its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 223.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 536,913 shares of the semiconductor company's stock after purchasing an additional 371,128 shares during the quarter. Bahl & Gaynor Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $89,128,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of TSM. City Holding Co. lifted its holdings in Taiwan Semiconductor Manufacturing by 238.0% during the 1st quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock worth $28,000 after buying an additional 119 shares during the last quarter. Accredited Wealth Management LLC acquired a new position in Taiwan Semiconductor Manufacturing in the fourth quarter worth $31,000. Signature Resources Capital Management LLC increased its stake in Taiwan Semiconductor Manufacturing by 138.8% during the first 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 shares of Taiwan Semiconductor Manufacturing during the first quarter worth $33,000. Finally, Vision Financial Markets LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the 1st quarter worth about $33,000. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Stock Performance

Taiwan Semiconductor Manufacturing stock traded up $5.8760 during mid-day trading on Friday, hitting $233.2060. 10,276,381 shares of the company's stock traded hands, compared to its average volume of 10,517,966. 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 one year low of $134.25 and a one year high of $248.28. The firm has a 50 day moving average price of $232.56 and a 200 day moving average price of $198.71. The company has a market cap of $1.21 trillion, a PE ratio of 26.59, a price-to-earnings-growth ratio of 1.11 and a beta of 1.19.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results 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. 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 during the quarter, compared to analysts' expectations of $28.50 billion. During the same quarter in the prior year, the business posted $1.48 earnings per share. The company's revenue for the quarter was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Wall Street Analyst Weigh In

TSM has been the subject of a number of recent research reports. Barclays reaffirmed an "overweight" rating and set a $240.00 price objective (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Wall Street Zen cut Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Saturday. Needham & Company LLC reissued a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Finally, Susquehanna raised their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research note on Monday, July 14th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average 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.