Farmers & Merchants Investments Inc. Has $23.08 Million Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Farmers & Merchants Investments Inc. increased its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 5.6% in the second quarter, now holding 101,911 shares worth $23.08 million.
• The company announced a quarterly dividend of $0.8348 per share, representing a 1.3% yield, which is an increase from its previous dividend of $0.65.
• Taiwan Semiconductor reported earnings of $2.47 per share for the last quarter, exceeding analyst expectations and leading to a revenue of $30.07 billion.

Farmers & Merchants Investments Inc. boosted its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 5.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 101,911 shares of the semiconductor company's stock after buying an additional 5,422 shares during the period. Farmers & Merchants Investments Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $23,082,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. New Vernon Capital Holdings II LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 16,500.0% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 6,707,064 shares of the semiconductor company's stock valued at $1,113,373,000 after buying an additional 6,666,660 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 55.6% in the first quarter. Goldman Sachs Group Inc. now owns 17,306,108 shares of the semiconductor company's stock valued at $2,872,814,000 after purchasing an additional 6,180,445 shares during the period. Nuveen LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the first quarter worth $482,676,000. Jennison Associates LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 36.8% in 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. Finally, Alliancebernstein L.P. lifted its position in Taiwan Semiconductor Manufacturing by 31.5% during the first quarter. Alliancebernstein L.P. now owns 8,864,014 shares of the semiconductor company's stock worth $1,471,426,000 after buying an additional 2,121,758 shares during the period. Hedge funds and other institutional investors own 16.51% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on TSM shares. Needham & Company LLC reissued a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Susquehanna increased their price target on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a report on Monday, July 14th. Finally, Barclays increased their price target on Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an "overweight" rating in a report on Tuesday, September 16th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $286.67.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM traded up $7.88 during trading hours on Monday, hitting $272.75. 15,589,861 shares of the company's stock were exchanged, compared to its average volume of 10,984,586. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $134.25 and a 1-year high of $276.36. The stock has a market capitalization of $1.41 trillion, a price-to-earnings ratio of 31.10, a PEG ratio of 1.26 and a beta of 1.23. The company's 50-day moving average price is $242.83 and its 200-day moving average price is $206.76. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, beating analysts' consensus estimates of $2.13 by $0.34. The firm had revenue of $30.07 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company earned $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share 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 issued a dividend of $0.8348 per share. The ex-dividend date is Thursday, December 11th. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 dividend on an annualized basis and a yield of 1.2%. Taiwan Semiconductor Manufacturing's dividend payout ratio is 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.