Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Clear Harbor Asset Management LLC

Key Points

• Clear Harbor Asset Management LLC has reduced its holdings in Taiwan Semiconductor Manufacturing Company Ltd. by 3.9%, now owning 40,386 shares valued at approximately $9.15 million as of the latest SEC filing.
• The company reported $2.47 earnings per share (EPS) for the last quarter, exceeding analysts' expectations of $2.13 and demonstrating a significant 44.4% year-over-year revenue increase to $30.07 billion.
• Taiwan Semiconductor Manufacturing has proposed a quarterly dividend increase to $0.8348 per share, reflecting a commitment to returning value to shareholders.

Clear Harbor Asset Management LLC lessened its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 3.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,386 shares of the semiconductor company's stock after selling 1,635 shares during the quarter. Clear Harbor Asset Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $9,147,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Westmount Partners LLC increased its stake in Taiwan Semiconductor Manufacturing by 2.2% during the second quarter. Westmount Partners LLC now owns 2,126 shares of the semiconductor company's stock worth $481,000 after acquiring an additional 45 shares during the last quarter. Mirador Capital Partners LP increased its stake in Taiwan Semiconductor Manufacturing by 2.6% during the second quarter. Mirador Capital Partners LP now owns 1,785 shares of the semiconductor company's stock worth $404,000 after acquiring an additional 45 shares during the last quarter. Formidable Asset Management LLC increased its stake in Taiwan Semiconductor Manufacturing by 3.2% during the fourth quarter. Formidable Asset Management LLC now owns 1,606 shares of the semiconductor company's stock worth $317,000 after acquiring an additional 50 shares during the last quarter. Michael S. Ryan Inc. increased its stake in Taiwan Semiconductor Manufacturing by 1.7% during the second quarter. Michael S. Ryan Inc. now owns 3,239 shares of the semiconductor company's stock worth $734,000 after acquiring an additional 53 shares during the last quarter. Finally, Brown Shipley& Co Ltd increased its stake in Taiwan Semiconductor Manufacturing by 1.4% during the first quarter. Brown Shipley& Co Ltd now owns 3,926 shares of the semiconductor company's stock worth $652,000 after acquiring an additional 55 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on TSM shares. Barclays boosted their price objective on Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an "overweight" rating in a report on Tuesday, September 16th. Needham & Company LLC reiterated a "buy" rating and issued a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Finally, Susquehanna boosted their price objective on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a report on Monday, July 14th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $286.67.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock traded up $7.88 during trading hours on Monday, reaching $272.75. 15,589,861 shares of the company's stock were exchanged, compared to its average volume of 10,984,586. The company has a market cap of $1.41 trillion, a P/E ratio of 31.10, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23. The company's 50 day moving average is $242.83 and its two-hundred day moving average is $206.76. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $276.36. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its 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. The business had revenue of $30.07 billion during the quarter, compared to the consensus estimate of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The company's revenue for the quarter was up 44.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be issued a $0.8348 dividend. The ex-dividend date is Thursday, December 11th. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.2%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. 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.