Burr Financial Services LLC Has $4.28 Million Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Burr Financial Services LLC has increased its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 13.2% in the 2nd quarter, now owning a total of 18,877 shares valued at approximately $4.27 million.
• The company reported $2.47 earnings per share for the last quarter, significantly surpassing analyst expectations, with revenue reaching $30.07 billion.
• Taiwan Semiconductor has announced a quarterly dividend increase, with the upcoming payout of $0.8348, raising the annualized yield to 1.3%.

Burr Financial Services LLC boosted its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 13.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,877 shares of the semiconductor company's stock after buying an additional 2,208 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for about 3.6% of Burr Financial Services LLC's investment portfolio, making the stock its 11th largest position. Burr Financial Services LLC's holdings in Taiwan Semiconductor Manufacturing were worth $4,275,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. City Holding Co. grew its position in 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 in the last quarter. 1248 Management LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 1st quarter worth approximately $28,000. Signature Resources Capital Management LLC grew its position in 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 in the last quarter. Graybill Wealth Management LTD. purchased a new position in Taiwan Semiconductor Manufacturing during the 1st quarter worth approximately $33,000. Finally, Vision Financial Markets LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 1st quarter worth approximately $33,000. Institutional investors and hedge funds own 16.51% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TSM. Susquehanna upped their price target on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research note on Monday, July 14th. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Needham & Company LLC reiterated a "buy" rating and set a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Barclays lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an "overweight" rating in a research note on Tuesday. Finally, Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $286.67.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE:TSM traded down $3.65 on Friday, hitting $264.99. 6,781,435 shares of the company were exchanged, compared to its average volume of 14,563,209. The company's 50 day moving average price is $241.27 and its two-hundred day moving average price is $205.15. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $134.25 and a one year high of $270.54. 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 market capitalization of $1.37 trillion, a price-to-earnings ratio of 30.22, a PEG ratio of 1.25 and a beta of 1.23.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, topping 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 company had revenue of $30.07 billion for the quarter, compared to the consensus estimate of $28.50 billion. During the same quarter in the previous year, the firm posted $1.48 EPS. The business's revenue was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be issued a dividend of $0.8348 per share. This represents a $3.34 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, December 11th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's payout ratio is presently 29.42%.

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.