Boston Partners Has $20.92 Million Stock Holdings in 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 boosted its holdings in shares of Tower Semiconductor Ltd. (NASDAQ:TSEM - Free Report) by 19.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 586,726 shares of the semiconductor company's stock after purchasing an additional 96,472 shares during the period. Boston Partners owned approximately 0.53% of Tower Semiconductor worth $20,922,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in shares of Tower Semiconductor by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 4,087,155 shares of the semiconductor company's stock valued at $145,106,000 after acquiring an additional 93,868 shares in the last quarter. Point72 Asset Management L.P. lifted its position in shares of Tower Semiconductor by 21.0% in the 4th quarter. Point72 Asset Management L.P. now owns 3,758,574 shares of the semiconductor company's stock valued at $193,604,000 after acquiring an additional 653,191 shares in the last quarter. Jennison Associates LLC lifted its position in shares of Tower Semiconductor by 2.3% in the 1st quarter. Jennison Associates LLC now owns 2,546,357 shares of the semiconductor company's stock valued at $90,803,000 after acquiring an additional 57,544 shares in the last quarter. Invesco Ltd. lifted its position in shares of Tower Semiconductor by 14.2% in the 1st quarter. Invesco Ltd. now owns 2,010,856 shares of the semiconductor company's stock valued at $71,707,000 after acquiring an additional 249,621 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Tower Semiconductor by 2.6% in the 1st quarter. Victory Capital Management Inc. now owns 1,985,110 shares of the semiconductor company's stock valued at $70,789,000 after acquiring an additional 50,980 shares in the last quarter. 70.51% of the stock is owned by institutional investors and hedge funds.

Tower Semiconductor Stock Performance

Shares of NASDAQ:TSEM traded up $1.11 during midday trading on Tuesday, hitting $50.32. The company's stock had a trading volume of 2,724,152 shares, compared to its average volume of 743,086. The stock's 50 day simple moving average is $45.15 and its 200 day simple moving average is $41.56. Tower Semiconductor Ltd. has a fifty-two week low of $28.64 and a fifty-two week high of $55.31. The stock has a market capitalization of $5.58 billion, a price-to-earnings ratio of 28.92 and a beta of 0.77. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.50 and a current ratio of 6.57.

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

Wall Street Analyst Weigh In

Several research firms have weighed in on TSEM. 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. Benchmark restated a "buy" rating and issued a $66.00 price objective (up previously from $60.00) on shares of Tower Semiconductor in a report on Monday, August 4th. Finally, Susquehanna set a $66.00 price objective on shares of Tower Semiconductor and gave the company a "positive" rating in a research report on Tuesday, August 5th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, Tower Semiconductor currently has a consensus rating of "Buy" and an average price target of $64.25.

Tower Semiconductor Company 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.