Ballentine Partners LLC Trims Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Ballentine Partners LLC reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 4.9%, holding 40,676 shares valued at approximately $9.2 million.
• The company recently declared a quarterly dividend of $0.8348 per share, up from $0.65, representing an annualized yield of 1.2%.
• Wall Street analysts have upgraded their ratings for TSM, with the stock currently holding a consensus rating of "Buy" and a target price of $286.67.

Ballentine Partners LLC lessened its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 4.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 40,676 shares of the semiconductor company's stock after selling 2,093 shares during the quarter. Ballentine Partners LLC's holdings in Taiwan Semiconductor Manufacturing were worth $9,213,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in TSM. City Holding Co. boosted its holdings in shares of 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 acquiring an additional 119 shares during the period. 1248 Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the 1st quarter worth $28,000. Signature Resources Capital Management LLC grew its position in Taiwan Semiconductor Manufacturing by 138.8% during the 1st quarter. Signature Resources Capital Management LLC now owns 191 shares of the semiconductor company's stock worth $32,000 after purchasing an additional 111 shares during the last quarter. Graybill Wealth Management LTD. purchased a new position in Taiwan Semiconductor Manufacturing during the 1st quarter worth $33,000. Finally, Vision Financial Markets LLC acquired a new position in Taiwan Semiconductor Manufacturing in the first quarter valued at $33,000. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM opened at $282.73 on Wednesday. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20. The stock's 50 day moving average is $243.75 and its two-hundred day moving average is $207.29. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $286.00. The firm has a market capitalization of $1.47 trillion, a PE ratio of 32.24, a P/E/G ratio of 1.29 and a beta of 1.23.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, beating 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 business had revenue of $30.07 billion during the quarter, compared to analysts' expectations of $28.50 billion. During the same period last year, the firm earned $1.48 EPS. The company's quarterly revenue was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared 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 is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.2%. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 29.42%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on TSM shares. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. 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. Barclays increased their price objective on Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 16th. Finally, Susquehanna boosted their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a report on Monday, July 14th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $286.67.

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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