Charter Oak Capital Management LLC Makes New Investment in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Charter Oak Capital Management LLC bought a new position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 977 shares of the semiconductor company's stock, valued at approximately $221,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Burns J W & Co. Inc. NY bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter worth $272,000. Security National Bank grew its holdings in shares of Taiwan Semiconductor Manufacturing by 25.6% in the second quarter. Security National Bank now owns 628 shares of the semiconductor company's stock worth $142,000 after acquiring an additional 128 shares during the period. YHB Investment Advisors Inc. grew its holdings in Taiwan Semiconductor Manufacturing by 2.5% during the second quarter. YHB Investment Advisors Inc. now owns 43,546 shares of the semiconductor company's stock valued at $9,863,000 after purchasing an additional 1,059 shares during the period. Global Financial Private Client LLC grew its holdings in Taiwan Semiconductor Manufacturing by 1.0% during the second quarter. Global Financial Private Client LLC now owns 9,960 shares of the semiconductor company's stock valued at $2,256,000 after purchasing an additional 102 shares during the period. Finally, HF Advisory Group LLC grew its holdings in Taiwan Semiconductor Manufacturing by 6.1% during the second quarter. HF Advisory Group LLC now owns 15,832 shares of the semiconductor company's stock valued at $3,586,000 after purchasing an additional 910 shares during the period. Institutional investors own 16.51% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Needham & Company LLC restated a "buy" rating and issued a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Susquehanna upped their price objective 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. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Finally, Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an "overweight" rating in a research report on Tuesday. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $286.67.

Taiwan Semiconductor Manufacturing Stock Down 1.6%

Shares of NYSE:TSM opened at $264.27 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $134.25 and a 52-week high of $270.54. The stock has a market cap of $1.37 trillion, a P/E ratio of 30.13, a price-to-earnings-growth ratio of 1.28 and a beta of 1.23. The business's 50 day moving average is $241.95 and its 200 day moving average is $205.73. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced 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 return on equity of 33.37% and a net margin of 42.91%.The company had revenue of $30.07 billion for the quarter, compared to analysts' expectations of $28.50 billion. During the same quarter in the prior year, the firm earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing's revenue was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be paid a $0.8348 dividend. This represents a $3.34 annualized dividend and a yield of 1.3%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing's payout ratio is currently 29.42%.

Taiwan Semiconductor Manufacturing Company 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.

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