Belpointe Asset Management LLC Sells 5,102 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Belpointe Asset Management LLC reduced its stake in Taiwan Semiconductor Manufacturing Company by 35.7%, selling 5,102 shares during the first quarter, leaving it with 9,190 shares valued at $1,527,000.
• The company's quarterly earnings exceeded expectations, with an EPS of $2.47 and revenues of $30.07 billion, reflecting a 44.4% year-over-year growth.
• Taiwan Semiconductor has announced an increase in its quarterly dividend from $0.65 to $0.8348, marking an annual yield of 1.3%.

Belpointe Asset Management LLC cut its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 35.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,190 shares of the semiconductor company's stock after selling 5,102 shares during the period. Belpointe Asset Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $1,527,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. First Heartland Consultants Inc. grew its holdings in shares of Taiwan Semiconductor Manufacturing by 4.2% in the fourth quarter. First Heartland Consultants Inc. now owns 1,236 shares of the semiconductor company's stock worth $244,000 after purchasing an additional 50 shares during the last quarter. Formidable Asset Management LLC grew its holdings in Taiwan Semiconductor Manufacturing by 3.2% during the 4th quarter. Formidable Asset Management LLC now owns 1,606 shares of the semiconductor company's stock worth $317,000 after acquiring an additional 50 shares in the last quarter. Connecticut Wealth Management LLC grew its holdings in Taiwan Semiconductor Manufacturing by 0.7% during the 4th quarter. Connecticut Wealth Management LLC now owns 7,416 shares of the semiconductor company's stock worth $1,465,000 after acquiring an additional 55 shares in the last quarter. Brown Shipley& Co Ltd grew its holdings in Taiwan Semiconductor Manufacturing by 1.4% during the 1st quarter. Brown Shipley& Co Ltd now owns 3,926 shares of the semiconductor company's stock worth $652,000 after acquiring an additional 55 shares in the last quarter. Finally, WealthPlan Investment Management LLC grew its holdings in Taiwan Semiconductor Manufacturing by 3.2% during the 1st quarter. WealthPlan Investment Management LLC now owns 1,847 shares of the semiconductor company's stock worth $307,000 after acquiring an additional 57 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Stock Down 0.6%

NYSE:TSM opened at $258.75 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $134.25 and a fifty-two week high of $264.58. The stock has a market capitalization of $1.34 trillion, a P/E ratio of 29.50, a P/E/G ratio of 1.24 and a beta of 1.23. 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's 50-day simple moving average is $238.09 and its 200-day simple moving average is $202.43.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, topping analysts' consensus estimates of $2.13 by $0.34. The company had revenue of $30.07 billion during 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%. Taiwan Semiconductor Manufacturing's revenue for the quarter was up 44.4% on a year-over-year basis. During the same period last year, the business earned $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be given a $0.8348 dividend. 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 1.3%. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's payout ratio is currently 28.16%.

Analysts Set New Price Targets

TSM has been the topic of several recent research reports. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Barclays reiterated an "overweight" rating and set a $240.00 target price (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 3rd. Susquehanna increased their target price on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a report on Monday, July 14th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target 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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