Boston Partners Buys 96,472 Shares of Tower Semiconductor Ltd. $TSEM

Key Points

• Boston Partners increased its stake in Tower Semiconductor Ltd. by 19.7%, bringing its total holdings to approximately 586,726 shares, valued at around $20.9 million.
• Multiple institutional investors have also increased their stakes, with notable purchases from Mivtachim and Point72 Asset Management, showcasing a growing institutional interest in the semiconductor company.
• Tower Semiconductor reported earnings per share of $0.41 for the last quarter, missing estimates, but with revenue of $372.06 million, reflecting a 6% increase year-over-year.

Boston Partners grew its holdings in shares of Tower Semiconductor Ltd. (NASDAQ:TSEM - Free Report) by 19.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 586,726 shares of the semiconductor company's stock after acquiring an additional 96,472 shares during the period. Boston Partners owned about 0.53% of Tower Semiconductor worth $20,922,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of TSEM. Alliancebernstein L.P. lifted its position in shares of Tower Semiconductor by 9.7% during the fourth quarter. Alliancebernstein L.P. now owns 19,482 shares of the semiconductor company's stock worth $1,004,000 after purchasing an additional 1,729 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Tower Semiconductor by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 94,666 shares of the semiconductor company's stock worth $4,876,000 after purchasing an additional 819 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Tower Semiconductor by 42.8% during the fourth quarter. Wells Fargo & Company MN now owns 8,079 shares of the semiconductor company's stock worth $416,000 after purchasing an additional 2,423 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Tower Semiconductor by 13.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 64,577 shares of the semiconductor company's stock worth $3,327,000 after purchasing an additional 7,717 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Tower Semiconductor during the fourth quarter worth about $1,347,000. 70.51% of the stock is currently owned by institutional investors and hedge funds.

Tower Semiconductor Stock Up 0.1%

Shares of NASDAQ:TSEM traded up $0.0450 during trading on Thursday, reaching $50.0950. 378,618 shares of the company traded hands, compared to its average volume of 741,786. The firm has a fifty day simple moving average of $45.51 and a 200 day simple moving average of $41.68. The firm has a market cap of $5.55 billion, a P/E ratio of 28.79 and a beta of 0.77. Tower Semiconductor Ltd. has a 1-year low of $28.64 and a 1-year high of $55.31. The company has a quick ratio of 5.50, a current ratio of 6.57 and a debt-to-equity ratio of 0.05.

Tower Semiconductor (NASDAQ:TSEM - Get Free Report) last issued its earnings results on Monday, August 4th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.47 by ($0.06). The company had revenue of $372.06 million for the quarter, compared to analyst estimates of $371.63 million. Tower Semiconductor had a net margin of 13.20% and a return on equity of 7.37%. The company's quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the business earned $0.53 EPS. Tower Semiconductor has set its Q3 2025 guidance at EPS. Analysts anticipate that Tower Semiconductor Ltd. will post 1.67 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TSEM. Susquehanna set a $66.00 target price on shares of Tower Semiconductor and gave the stock a "positive" rating in a report on Tuesday, August 5th. Wedbush set a $65.00 price objective on shares of Tower Semiconductor and gave the company an "outperform" rating in a research note on Tuesday, August 5th. Finally, Benchmark reiterated a "buy" rating and set a $66.00 price objective (up previously from $60.00) on shares of Tower Semiconductor in a research note on Monday, August 4th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $64.25.

Tower Semiconductor Profile

Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS.