FNY Investment Advisers LLC Purchases New Shares in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• FNY Investment Advisers LLC acquired 5,040 shares of Taiwan Semiconductor Manufacturing Company, valued at approximately $1.14 million, in the second quarter.
• Taiwan Semiconductor Manufacturing reported a 40.1% year-over-year revenue increase for the quarter, with EPS of $2.92, surpassing analysts' estimates.
• The company raised its quarterly dividend from $0.65 to $0.8348 per share, with a dividend yield of 1.1%, payable on January 8th.

FNY Investment Advisers LLC purchased a new stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,040 shares of the semiconductor company's stock, valued at approximately $1,141,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. D.A. Davidson & CO. raised its position in Taiwan Semiconductor Manufacturing by 24.2% in the 2nd quarter. D.A. Davidson & CO. now owns 59,544 shares of the semiconductor company's stock valued at $13,486,000 after buying an additional 11,612 shares during the last quarter. Cullen Frost Bankers Inc. raised its position in Taiwan Semiconductor Manufacturing by 23.2% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 2,423 shares of the semiconductor company's stock valued at $549,000 after buying an additional 456 shares during the last quarter. Coronation Fund Managers Ltd. raised its position in Taiwan Semiconductor Manufacturing by 19.2% in the 2nd quarter. Coronation Fund Managers Ltd. now owns 5,048 shares of the semiconductor company's stock valued at $1,143,000 after buying an additional 814 shares during the last quarter. IMG Wealth Management Inc. raised its position in Taiwan Semiconductor Manufacturing by 70.5% in the 2nd quarter. IMG Wealth Management Inc. now owns 225 shares of the semiconductor company's stock valued at $51,000 after buying an additional 93 shares during the last quarter. Finally, Dupont Capital Management Corp raised its position in Taiwan Semiconductor Manufacturing by 11.6% in the 2nd quarter. Dupont Capital Management Corp now owns 89,303 shares of the semiconductor company's stock valued at $20,226,000 after buying an additional 9,247 shares during the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Stock Down 1.1%

Shares of NYSE TSM opened at $294.53 on Wednesday. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $134.25 and a one year high of $311.37. 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 fifty day moving average price is $264.29 and its 200-day moving average price is $224.00. The stock has a market capitalization of $1.53 trillion, a PE ratio of 30.21, a P/E/G ratio of 1.00 and a beta of 1.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings results on Thursday, October 16th. The semiconductor company reported $2.92 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 firm had revenue of $32.36 billion for the quarter, compared to analysts' expectations of $951.89 billion. During the same quarter in the prior year, the firm earned $1.94 EPS. The business's revenue for the quarter was up 40.1% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. On average, equities research 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 declared a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be given a dividend of $0.8348 per share. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's payout ratio is currently 26.97%.

Wall Street Analyst Weigh In

Several research firms have weighed in on TSM. Needham & Company LLC boosted their price objective on Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the stock a "buy" rating in a research report on Thursday, October 16th. Itau BBA Securities began coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They issued an "outperform" rating on the stock. Weiss Ratings reissued a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 8th. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing 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 analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $371.67.

Taiwan Semiconductor Manufacturing 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.

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