Caisse DE Depot ET Placement DU Quebec Acquires New Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Caisse DE Depot ET Placement DU Quebec has purchased a new stake of approximately $7.59 million in Taiwan Semiconductor Manufacturing Company, acquiring 45,693 shares in the first quarter.
• Other institutional investors are also increasing their holdings, with Goldman Sachs raising its stake by 55.6% and Nuveen LLC making a new position valued at around $482.68 million.
• Taiwan Semiconductor Manufacturing reported better-than-expected quarterly earnings of $2.47 per share, exceeding analyst estimates and reflecting a 44.4% year-over-year revenue increase to $30.07 billion.

Caisse DE Depot ET Placement DU Quebec bought a new position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 45,693 shares of the semiconductor company's stock, valued at approximately $7,585,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TSM. Brighton Jones LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 20.9% during the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock worth $2,159,000 after buying an additional 1,892 shares during the period. WealthCollab LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 6.7% in the 4th quarter. WealthCollab LLC now owns 891 shares of the semiconductor company's stock worth $176,000 after acquiring an additional 56 shares in the last quarter. Triumph Capital Management raised its position in shares of Taiwan Semiconductor Manufacturing by 25.7% in the 4th quarter. Triumph Capital Management now owns 4,890 shares of the semiconductor company's stock worth $966,000 after acquiring an additional 1,000 shares in the last quarter. Rehmann Capital Advisory Group raised its position in shares of Taiwan Semiconductor Manufacturing by 0.9% in the 4th quarter. Rehmann Capital Advisory Group now owns 24,723 shares of the semiconductor company's stock worth $4,883,000 after acquiring an additional 227 shares in the last quarter. Finally, Guardian Capital LP bought a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth about $558,000. 16.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TSM. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Saturday, August 23rd. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Susquehanna boosted their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research report on Monday, July 14th. Needham & Company LLC reaffirmed a "buy" rating and issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Finally, Barclays reaffirmed an "overweight" rating and issued a $240.00 target price (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $258.33.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock traded down $7.26 during trading on Friday, hitting $231.01. The company's stock had a trading volume of 15,511,696 shares, compared to its average volume of 10,208,586. The company has a market cap of $1.20 trillion, a PE ratio of 26.34, a P/E/G ratio of 1.13 and a beta of 1.19. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20. The business has a fifty day moving average of $234.90 and a 200-day moving average of $199.83. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $134.25 and a 52 week high of $248.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.13 by $0.34. The company had revenue of $30.07 billion during the quarter, compared to analyst estimates of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.Taiwan Semiconductor Manufacturing's quarterly revenue was up 44.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be issued a $0.8348 dividend. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 28.16%.

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.