Cookson Peirce & Co. Inc. Sells 7,805 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Cookson Peirce & Co. Inc. reduced its holdings in Taiwan Semiconductor Manufacturing by 1.6%, selling 7,805 shares and now owning 476,379 shares, which is 4.7% of its portfolio.
• Wall Street analysts have set a consensus rating of "Moderate Buy" for TSM, with an average price target of $371.67, reflecting positive sentiment about the company's growth.
• Taiwan Semiconductor announced an increase in its quarterly dividend to $0.8348 per share, marking a positive change from the previous dividend of $0.65.

Cookson Peirce & Co. Inc. cut its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 1.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 476,379 shares of the semiconductor company's stock after selling 7,805 shares during the period. Taiwan Semiconductor Manufacturing accounts for 4.7% of Cookson Peirce & Co. Inc.'s portfolio, making the stock its largest holding. Cookson Peirce & Co. Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $107,895,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. DekaBank Deutsche Girozentrale boosted its position in Taiwan Semiconductor Manufacturing by 0.9% during the first quarter. DekaBank Deutsche Girozentrale now owns 1,339,479 shares of the semiconductor company's stock worth $214,442,000 after purchasing an additional 11,693 shares during the period. Powers Advisory Group LLC acquired a new position in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at about $240,000. Hudson Edge Investment Partners Inc. raised its holdings in Taiwan Semiconductor Manufacturing by 10.1% in the 2nd quarter. Hudson Edge Investment Partners Inc. now owns 236,503 shares of the semiconductor company's stock valued at $53,566,000 after acquiring an additional 21,648 shares during the period. Quantbot Technologies LP lifted its position in Taiwan Semiconductor Manufacturing by 452.2% during the first quarter. Quantbot Technologies LP now owns 47,425 shares of the semiconductor company's stock worth $7,873,000 after acquiring an additional 38,837 shares during the last quarter. Finally, RFG Holdings Inc. lifted its position in Taiwan Semiconductor Manufacturing by 66.1% during the second quarter. RFG Holdings Inc. now owns 3,898 shares of the semiconductor company's stock worth $883,000 after acquiring an additional 1,551 shares during the last quarter. Institutional investors own 16.51% of the company's stock.

Wall Street Analysts Forecast Growth

TSM has been the topic of a number of recent research reports. Susquehanna increased their target price on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a "positive" rating in a research note on Friday, October 10th. Itau BBA Securities began coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, October 7th. They set an "outperform" rating for the company. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 8th. Finally, Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $371.67.

Taiwan Semiconductor Manufacturing Price Performance

TSM stock opened at $294.53 on Wednesday. The company's 50-day moving average price is $264.29 and its two-hundred day moving average price is $224.00. The firm has a market cap of $1.53 trillion, a P/E ratio of 30.21, a P/E/G ratio of 1.00 and a beta of 1.28. 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 Company Ltd. has a 12 month low of $134.25 and a 12 month high of $311.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings results on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.33. Taiwan Semiconductor Manufacturing had a net margin of 43.72% and a return on equity of 36.06%. The business had revenue of $32.36 billion for the quarter, compared to analyst estimates of $951.89 billion. During the same quarter last year, the business posted $1.94 EPS. The firm's revenue for the quarter was up 40.1% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. On average, analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business 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 1.1%. The ex-dividend date of this dividend 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 currently 26.97%.

About Taiwan Semiconductor Manufacturing

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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