Bragg Financial Advisors Inc Makes New Investment in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Bragg Financial Advisors Inc has acquired a new position in Taiwan Semiconductor Manufacturing Company, purchasing 17,081 shares valued at approximately $2.8 million.
• Several hedge funds have increased or established positions in Taiwan Semiconductor, indicating growing institutional interest, with 16.51% of the stock owned by institutional investors.
• Analysts are optimistic about the company's growth, with many firms offering buy ratings and target prices ranging from $240 to $270 per share, contributing to a consensus rating of "Buy."

Bragg Financial Advisors Inc purchased a new position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,081 shares of the semiconductor company's stock, valued at approximately $2,835,000.

Other hedge funds have also modified their holdings of the company. Accredited Wealth Management LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth approximately $31,000. City Holding Co. boosted its position in shares of Taiwan Semiconductor Manufacturing by 238.0% in the first 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 period. Signature Resources Capital Management LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 138.8% in the first 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 period. Graybill Wealth Management LTD. bought a new position in shares of Taiwan Semiconductor Manufacturing in the first quarter worth approximately $33,000. Finally, Vision Financial Markets LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the first quarter worth approximately $33,000. 16.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TSM. Needham & Company LLC reiterated a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Barclays restated an "overweight" rating and set a $240.00 target price (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Finally, Susquehanna upped their target price on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $258.33.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM opened at $227.5540 on Friday. 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 firm has a fifty day moving average price of $232.12 and a 200 day moving average price of $198.66. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $134.25 and a fifty-two week high of $248.28. The firm has a market cap of $1.18 trillion, a price-to-earnings ratio of 25.95, a P/E/G ratio of 1.09 and a beta of 1.19.

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, beating the consensus estimate of $2.13 by $0.34. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The business had revenue of $30.07 billion during the quarter, compared to analyst estimates of $28.50 billion. During the same quarter last year, the business earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing's quarterly revenue was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

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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