Franklin Street Advisors Inc. NC Takes $226,000 Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Franklin Street Advisors Inc. has made a new purchase of $226,000 in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM), acquiring 1,000 shares in the second quarter.
• Taiwan Semiconductor reported an EPS of $2.47 for its last quarter, surpassing analysts' expectations and reflecting a 44.4% year-over-year increase in revenue.
• The company recently announced a quarterly dividend increase to $0.8348, implying an annual yield of 1.1% for shareholders.

Franklin Street Advisors Inc. NC purchased a new stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,000 shares of the semiconductor company's stock, valued at approximately $226,000.

Several other hedge funds have also modified their holdings of TSM. Alliance Wealth Advisors LLC boosted its stake in Taiwan Semiconductor Manufacturing by 2.4% in the second quarter. Alliance Wealth Advisors LLC now owns 1,815 shares of the semiconductor company's stock valued at $411,000 after acquiring an additional 43 shares during the last quarter. Westmount Partners LLC boosted its stake in Taiwan Semiconductor Manufacturing by 2.2% in the second quarter. Westmount Partners LLC now owns 2,126 shares of the semiconductor company's stock valued at $481,000 after acquiring an additional 45 shares during the last quarter. Mirador Capital Partners LP boosted its stake in Taiwan Semiconductor Manufacturing by 2.6% in the second quarter. Mirador Capital Partners LP now owns 1,785 shares of the semiconductor company's stock valued at $404,000 after acquiring an additional 45 shares during the last quarter. Genesis Private Wealth LLC boosted its stake in Taiwan Semiconductor Manufacturing by 2.3% in the second quarter. Genesis Private Wealth LLC now owns 2,168 shares of the semiconductor company's stock valued at $491,000 after acquiring an additional 48 shares during the last quarter. Finally, Leonard Rickey Investment Advisors P.L.L.C. boosted its stake in Taiwan Semiconductor Manufacturing by 3.3% in the second quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 1,611 shares of the semiconductor company's stock valued at $365,000 after acquiring an additional 52 shares during the last quarter. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Trading Up 1.5%

Shares of NYSE:TSM opened at $292.42 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $296.72. 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 company's fifty day simple moving average is $250.34 and its 200 day simple moving average is $213.03. The firm has a market cap of $1.52 trillion, a price-to-earnings ratio of 33.34, a PEG ratio of 1.37 and a beta of 1.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, topping analysts' consensus estimates 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 business had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. During the same period last year, the business posted $1.48 earnings per share. The firm's quarterly revenue was up 44.4% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS 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. Shareholders of record on Thursday, December 11th will be paid a $0.8348 dividend. This represents a $3.34 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, December 11th. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 29.99%.

Analyst Ratings Changes

A number of brokerages have issued reports on TSM. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Saturday, September 27th. Susquehanna increased their target price on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a report on Monday, July 14th. Barclays increased their target price on shares of Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the stock an "overweight" rating in a report on Tuesday, September 16th. Needham & Company LLC reiterated a "buy" rating and issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Finally, Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $286.67.

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.

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.