EdgeRock Capital LLC Makes New $227,000 Investment in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• EdgeRock Capital LLC made a new investment in Taiwan Semiconductor Manufacturing Company, acquiring 1,000 shares valued at approximately $227,000 during the second quarter.
• Several hedge funds are increasing their positions in TSMC, contributing to 16.51% of the stock being owned by institutional investors.
• Wall Street analysts have issued positive ratings for TSM, with a consensus rating of "Buy" and an average price target of $286.67.

EdgeRock Capital LLC acquired a new position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 1,000 shares of the semiconductor company's stock, valued at approximately $227,000.

Several other hedge funds have also recently made changes to their positions in TSM. Brighton Jones LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 20.9% in the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock valued at $2,159,000 after acquiring an additional 1,892 shares in the last quarter. Park Square Financial Group LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth about $41,000. Chancellor Financial Group WB LP purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth about $217,000. Mascagni Wealth Management Inc. bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $400,000. Finally, Neville Rodie & Shaw Inc. increased its position in shares of Taiwan Semiconductor Manufacturing by 16.3% during the first quarter. Neville Rodie & Shaw Inc. now owns 1,395 shares of the semiconductor company's stock valued at $232,000 after buying an additional 195 shares during the period. 16.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TSM. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. Needham & Company LLC reissued a "buy" rating and issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Susquehanna lifted their price target 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. Finally, Barclays upped their price target on Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 16th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $286.67.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM opened at $276.69 on Friday. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. The stock has a market cap of $1.44 trillion, a P/E ratio of 31.55, a P/E/G ratio of 1.33 and a beta of 1.23. The business's 50 day moving average price is $245.24 and its 200-day moving average price is $208.53. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $134.25 and a 52 week high of $286.00.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, beating 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 company had revenue of $30.07 billion during the quarter, compared to analyst estimates of $28.50 billion. During the same quarter last year, the company earned $1.48 EPS. The firm'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. Equities research 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 company also recently declared 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 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, December 11th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 29.42%.

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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