Epoch Investment Partners Inc. Increases Stock Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Epoch Investment Partners Inc. boosted its stake in Taiwan Semiconductor Manufacturing Company by 57.7%, owning 770,758 shares worth approximately $127.9 million after acquiring an additional 281,988 shares in Q1.
• Analysts have set a new consensus price target of $258.33 for Taiwan Semiconductor, with Barclays and Needham & Company maintaining a "buy" rating at targets of $240.00 and $270.00, respectively.
• In its latest quarterly earnings report, Taiwan Semiconductor Manufacturing reported an EPS of $2.47, exceeding expectations of $2.13, alongside revenue of $30.07 billion—44.4% higher than the previous year.

Epoch Investment Partners Inc. increased its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 57.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 770,758 shares of the semiconductor company's stock after buying an additional 281,988 shares during the period. Epoch Investment Partners Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $127,946,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale raised 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 acquiring an additional 11,693 shares during the period. Pinnacle Investment Management Ltd acquired a new position in Taiwan Semiconductor Manufacturing during the fourth quarter worth $26,661,000. Quantbot Technologies LP raised 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 period. Sentry LLC acquired a new position in Taiwan Semiconductor Manufacturing during the first quarter worth $222,000. Finally, Compound Global Advisors LLC raised its position in Taiwan Semiconductor Manufacturing by 31.2% during the first quarter. Compound Global Advisors LLC now owns 4,796 shares of the semiconductor company's stock worth $747,000 after acquiring an additional 1,141 shares during the period. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock opened at $235.63 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $134.25 and a 12-month high of $248.28. The stock has a market cap of $1.22 trillion, a P/E ratio of 26.87, a PEG ratio of 1.11 and a beta of 1.19. The company has a 50-day moving average price of $232.96 and a 200 day moving average price of $198.92. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, topping 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 analysts' expectations of $28.50 billion. During the same period last year, the business earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing's revenue was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

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.

Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report).

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.