Bleakley Financial Group LLC Has $11.97 Million Stock Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Bleakley Financial Group LLC increased its holdings in Taiwan Semiconductor Manufacturing Company (TSMC) by 8.1%, bringing their total investment to approximately $11.97 million.
• Wall Street analysts are optimistic about TSMC, with price targets being raised and a consensus rating of "Moderate Buy", indicating confidence in the company's future performance.
• TSMC recently announced a quarterly dividend of $0.8348 per share, a significant increase from the previous dividend, reflecting the company's strong financial performance.

Bleakley Financial Group LLC boosted its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 8.1% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 52,846 shares of the semiconductor company's stock after purchasing an additional 3,955 shares during the period. Bleakley Financial Group LLC's holdings in Taiwan Semiconductor Manufacturing were worth $11,969,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Brighton Jones LLC raised its holdings in Taiwan Semiconductor Manufacturing by 20.9% in the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock valued at $2,159,000 after acquiring an additional 1,892 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 7.0% during the first quarter. GAMMA Investing LLC now owns 9,103 shares of the semiconductor company's stock worth $1,511,000 after acquiring an additional 594 shares during the period. Flagship Harbor Advisors LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 14.3% in the first quarter. Flagship Harbor Advisors LLC now owns 3,578 shares of the semiconductor company's stock valued at $594,000 after purchasing an additional 449 shares during the last quarter. Chevy Chase Trust Holdings LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 19.2% during the first quarter. Chevy Chase Trust Holdings LLC now owns 6,324 shares of the semiconductor company's stock worth $1,050,000 after purchasing an additional 1,018 shares during the period. Finally, Cornerstone Wealth Group LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 5.0% during the 1st quarter. Cornerstone Wealth Group LLC now owns 2,017 shares of the semiconductor company's stock worth $335,000 after purchasing an additional 96 shares during the last quarter. Institutional investors own 16.51% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on TSM shares. Susquehanna upped their price objective on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a "positive" rating in a report on Friday, October 10th. Itau BBA Securities started coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They issued an "outperform" rating for the company. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 8th. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 17th. Finally, Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "strong-buy" rating in a report on Saturday, October 18th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $371.67.

Taiwan Semiconductor Manufacturing Trading Down 1.9%

Shares of TSM stock opened at $288.77 on Thursday. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $311.37. The stock's fifty day simple moving average is $265.24 and its 200 day simple moving average is $224.45. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $1.50 trillion, a P/E ratio of 29.62, a P/E/G ratio of 0.99 and a beta of 1.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings results on Thursday, October 16th. The semiconductor company reported $2.92 EPS for the quarter, beating analysts' consensus estimates of $2.59 by $0.33. The firm had revenue of $32.36 billion for the quarter, compared to analyst estimates of $951.89 billion. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The business's revenue for the quarter was up 40.1% on a year-over-year basis. During the same period last year, the firm posted $1.94 earnings per share. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. As a group, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm 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 dividend of $0.8348 per share. The ex-dividend date is Thursday, December 11th. This represents a $3.34 annualized dividend and a yield of 1.2%. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's dividend payout ratio is 26.67%.

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.

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