Earnest Partners LLC Raises Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Earnest Partners LLC increased its holdings in Taiwan Semiconductor Manufacturing Company to $43.82 million by acquiring an additional 11,972 shares, representing a 4.8% increase during the first quarter.
• Several institutional investors, including Goldman Sachs Group Inc. and Nuveen LLC, also made significant changes to their positions in Taiwan Semiconductor, reflecting strong market interest.
• Analysts have varied opinions on the stock, with ratings for Taiwan Semiconductor ranging from "buy" to "hold," and a consensus price target of $258.33, reflecting increasing optimism in its performance.

Earnest Partners LLC grew its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 4.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 263,951 shares of the semiconductor company's stock after purchasing an additional 11,972 shares during the period. Earnest Partners LLC's holdings in Taiwan Semiconductor Manufacturing were worth $43,816,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Goldman Sachs Group Inc. increased its position in Taiwan Semiconductor Manufacturing by 55.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 17,306,108 shares of the semiconductor company's stock valued at $2,872,814,000 after buying an additional 6,180,445 shares in the last quarter. Nuveen LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the first quarter valued at approximately $482,676,000. Jennison Associates LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 36.8% during the first quarter. Jennison Associates LLC now owns 9,509,032 shares of the semiconductor company's stock valued at $1,578,499,000 after acquiring an additional 2,559,512 shares in the last quarter. Sarasin & Partners LLP acquired a new position in shares of Taiwan Semiconductor Manufacturing during the first quarter worth approximately $362,773,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 19.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,350,239 shares of the semiconductor company's stock worth $2,050,141,000 after purchasing an additional 1,984,835 shares in the last quarter. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Down 3.0%

Taiwan Semiconductor Manufacturing stock traded down $7.26 during midday trading on Friday, hitting $231.01. 15,511,696 shares of the stock were exchanged, compared to its average volume of 10,208,586. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $134.25 and a 52-week high of $248.28. The stock has a market capitalization of $1.20 trillion, a price-to-earnings ratio of 26.34, a price-to-earnings-growth ratio of 1.13 and a beta of 1.19. The business's 50-day moving average price is $234.90 and its 200-day moving average price is $199.83. 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 posted its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.13 by $0.34. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The firm had revenue of $30.07 billion during the quarter, compared to analyst estimates of $28.50 billion. During the same quarter last year, the business posted $1.48 EPS. The company's revenue for the quarter 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 expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be given a dividend of $0.8348 per share. 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. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.4%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 28.16%.

Analysts Set New Price Targets

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