Bluefin Capital Management LLC Acquires Shares of 2,471 Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Bluefin Capital Management LLC purchased 2,471 shares of Taiwan Semiconductor Manufacturing Company (TSM), valued at approximately $410,000, signaling increased interest from institutional investors in the semiconductor sector.
• Major hedge funds have increased their holdings in TSM, with Goldman Sachs boosting its stake by 55.6%, now owning over 17 million shares valued at nearly $2.9 billion.
• Analysts maintain a positive outlook on TSM, with average price targets increasing and several firms reaffirming "buy" ratings, indicating a strong potential for future growth.

Bluefin Capital Management LLC bought a new position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,471 shares of the semiconductor company's stock, valued at approximately $410,000.

Several other hedge funds have also recently bought and sold shares of the business. City Holding Co. increased its stake in shares of 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 purchasing an additional 119 shares during the last quarter. Signature Resources Capital Management LLC increased its stake in shares of 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. acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth $33,000. Vision Financial Markets LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth $33,000. Finally, Keener Financial Planning LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth $39,000. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM traded up $0.36 during midday trading on Friday, reaching $259.27. 8,486,996 shares of the company's stock were exchanged, compared to its average volume of 14,681,887. The company's 50 day simple moving average is $238.09 and its two-hundred day simple moving average is $202.43. The firm has a market capitalization of $1.34 trillion, a PE ratio of 29.56, a price-to-earnings-growth ratio of 1.24 and a beta of 1.23. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $264.58. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings data 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 the consensus estimate of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The firm's revenue for the quarter was up 44.4% compared to the same quarter last year. During the same period last year, the firm earned $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Equities research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be paid 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 of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing's payout ratio is presently 29.30%.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Barclays reaffirmed an "overweight" rating and set a $240.00 price objective (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 3rd. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report 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 report on Thursday, July 17th. Finally, Susquehanna upped their price objective 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. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $258.33.

Taiwan Semiconductor Manufacturing Company 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.