Enterprise Financial Services Corp Sells 1,609 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Enterprise Financial Services Corp reduced its stake in Taiwan Semiconductor Manufacturing Company by 29.0%, selling 1,609 shares during the first quarter, leaving them with a total of 3,944 shares valued at approximately $655,000.
• Taiwan Semiconductor reported strong quarterly earnings, with an EPS of $2.47, exceeding analysts' expectations of $2.13, and a revenue increase of 44.4% year-over-year.
• Analysts have set a consensus target price of $258.33 for Taiwan Semiconductor, with several research firms continuing to emphasize a "buy" rating for the stock.

Enterprise Financial Services Corp lessened its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 29.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,944 shares of the semiconductor company's stock after selling 1,609 shares during the quarter. Enterprise Financial Services Corp's holdings in Taiwan Semiconductor Manufacturing were worth $655,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. City Holding Co. boosted its position in shares of Taiwan Semiconductor Manufacturing by 238.0% during the 1st quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 119 shares during the last quarter. Accredited Wealth Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $31,000. Signature Resources Capital Management LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 138.8% during the 1st quarter. Signature Resources Capital Management LLC now owns 191 shares of the semiconductor company's stock valued at $32,000 after acquiring an additional 111 shares during the last quarter. Graybill Wealth Management LTD. bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter valued at about $33,000. Finally, Vision Financial Markets LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter valued at about $33,000. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $233.2060 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15. The business's 50 day simple moving average is $232.56 and its two-hundred day simple moving average is $198.79. The stock has a market capitalization of $1.21 trillion, a P/E ratio of 26.59, a price-to-earnings-growth ratio of 1.11 and a beta of 1.19. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $134.25 and a one year high of $248.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, topping analysts' consensus estimates of $2.13 by $0.34. The business had revenue of $30.07 billion for the quarter, compared to analysts' expectations of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The business's quarterly revenue was up 44.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Needham & Company LLC reiterated a "buy" rating and set a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Barclays restated an "overweight" rating and issued a $240.00 target price (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Wall Street Zen downgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, Susquehanna boosted their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of "Buy" and a consensus target price of $258.33.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.