First Bancorp Inc ME Makes New Investment in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• First Bancorp Inc ME has made a new investment in Taiwan Semiconductor Manufacturing Company Ltd. (TSM), acquiring 897 shares worth approximately $203,000 during the second quarter.
• Multiple institutional investors, including Goldstein Advisors LLC and Wealthstream Advisors Inc., have increased their stakes in Taiwan Semiconductor, reflecting growing confidence in the company's performance.
• Taiwan Semiconductor recently reported an earnings per share (EPS) of $2.92, exceeding analysts' expectations, and announced an increased quarterly dividend of $0.8348 per share.

First Bancorp Inc ME acquired a new position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 897 shares of the semiconductor company's stock, valued at approximately $203,000.

A number of other large investors have also added to or reduced their stakes in the company. Goldstein Advisors LLC increased its stake in Taiwan Semiconductor Manufacturing by 13.2% in the 2nd quarter. Goldstein Advisors LLC now owns 2,385 shares of the semiconductor company's stock worth $540,000 after acquiring an additional 278 shares during the last quarter. Wealthstream Advisors Inc. increased its stake in Taiwan Semiconductor Manufacturing by 13.3% in the 2nd quarter. Wealthstream Advisors Inc. now owns 5,915 shares of the semiconductor company's stock worth $1,340,000 after acquiring an additional 694 shares during the last quarter. International Assets Investment Management LLC increased its stake in Taiwan Semiconductor Manufacturing by 12.7% in the 2nd quarter. International Assets Investment Management LLC now owns 12,259 shares of the semiconductor company's stock worth $2,776,000 after acquiring an additional 1,377 shares during the last quarter. TrueMark Investments LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 18.4% during the 2nd quarter. TrueMark Investments LLC now owns 13,626 shares of the semiconductor company's stock valued at $3,086,000 after purchasing an additional 2,116 shares during the last quarter. Finally, Schubert & Co bought a new position in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter valued at approximately $491,000. Institutional investors own 16.51% of the company's stock.

Analysts Set New Price Targets

TSM has been the topic of several analyst reports. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday. Itau BBA Securities initiated coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They set an "outperform" rating on the stock. Susquehanna boosted their target price on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a "positive" rating in a research report on Friday, October 10th. Barclays boosted their target price on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an "overweight" rating in a research report on Friday. Finally, Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing has a consensus rating of "Moderate Buy" and an average target price of $371.67.

Taiwan Semiconductor Manufacturing Price Performance

TSM opened at $295.37 on Friday. The business has a fifty day moving average of $262.16 and a 200 day moving average of $222.00. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $134.25 and a 52-week high of $311.37. 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 $1.53 trillion, a P/E ratio of 30.29, a PEG ratio of 1.41 and a beta of 1.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings data on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.59 by $0.33. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The company had revenue of $32.36 billion during the quarter, compared to analysts' expectations of $951.89 billion. During the same quarter in the previous year, the business earned $1.94 EPS. Taiwan Semiconductor Manufacturing's revenue was up 40.1% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. As a group, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be issued a $0.8348 dividend. The ex-dividend date is Thursday, December 11th. This represents a $3.34 annualized dividend and a dividend yield of 1.1%. 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 currently 26.97%.

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.

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.