Clark Capital Management Group Inc. Boosts Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Clark Capital Management Group Inc. slightly increased its position in Taiwan Semiconductor Manufacturing Company Ltd. (TSM) by 0.2%, owning a total of 582,029 shares valued at approximately $96.6 million.
• Several institutional investors have significantly enhanced their stakes in TSM, with Goldman Sachs growing its stake by 55.6% and Nuveen LLC establishing a new position valued at $482.7 million.
• Taiwan Semiconductor has announced an increase in its quarterly dividend to $0.8348 per share, representing an annual yield of 1.4% and reflecting its strong financial performance.

Clark Capital Management Group Inc. raised its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 0.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 582,029 shares of the semiconductor company's stock after purchasing an additional 1,103 shares during the quarter. Clark Capital Management Group Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $96,617,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TSM. DekaBank Deutsche Girozentrale boosted its position in Taiwan Semiconductor Manufacturing by 0.9% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 1,339,479 shares of the semiconductor company's stock valued at $214,442,000 after buying an additional 11,693 shares during the period. Pinnacle Investment Management Ltd bought a new stake in shares of Taiwan Semiconductor Manufacturing during the fourth quarter valued at approximately $26,661,000. Quantbot Technologies LP boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 452.2% in the first quarter. Quantbot Technologies LP now owns 47,425 shares of the semiconductor company's stock valued at $7,873,000 after purchasing an additional 38,837 shares during the period. Sentry LLC bought a new position in Taiwan Semiconductor Manufacturing in the first quarter worth approximately $222,000. Finally, In Depth Partners LLC increased its holdings in Taiwan Semiconductor Manufacturing by 36.1% during the 1st quarter. In Depth Partners LLC now owns 73,757 shares of the semiconductor company's stock worth $12,244,000 after purchasing an additional 19,547 shares during the period. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Stock Up 3.3%

TSM traded up $7.81 during trading on Friday, hitting $243.02. The stock had a trading volume of 14,039,042 shares, compared to its average volume of 9,404,776. The stock has a 50 day simple moving average of $236.17 and a two-hundred day simple moving average of $200.87. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $248.28. The company has a market capitalization of $1.26 trillion, a PE ratio of 27.71, a PEG ratio of 1.12 and a beta of 1.23.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $30.07 billion for the quarter, compared to the consensus estimate of $28.50 billion. During the same period in the prior year, the firm posted $1.48 earnings per share. The business's quarterly revenue was up 44.4% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, research analysts predict 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 declared a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be paid a $0.8348 dividend. This represents a $3.34 dividend on an annualized basis and a yield of 1.4%. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 28.16%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Needham & Company LLC reiterated a "buy" rating and issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Barclays restated an "overweight" rating and issued a $240.00 price objective (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 3rd. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Susquehanna boosted their price target on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a report on Monday, July 14th. Finally, Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $258.33.

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.