Freedom Investment Management Inc. Sells 1,631 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Freedom Investment Management Inc. has decreased its stake in Taiwan Semiconductor Manufacturing Company by 9.9%, selling 1,631 shares to own a total of 14,901 shares valued at approximately $3.375 million.
• Several institutional investors have increased their holdings in Taiwan Semiconductor Manufacturing, with Alliance Wealth Advisors, Pflug Koory, and Frazier Financial Advisors each raising their stakes during the second quarter of the year.
• Taiwan Semiconductor Manufacturing recently reported earnings per share of $2.92, surpassing estimates, and announced a dividend increase to $0.8348 per share, effective January 8th.

Freedom Investment Management Inc. lessened its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 9.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,901 shares of the semiconductor company's stock after selling 1,631 shares during the period. Freedom Investment Management Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $3,375,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Alliance Wealth Advisors LLC increased its holdings in Taiwan Semiconductor Manufacturing by 2.4% during the 2nd quarter. Alliance Wealth Advisors LLC now owns 1,815 shares of the semiconductor company's stock worth $411,000 after acquiring an additional 43 shares during the period. Pflug Koory LLC increased its holdings in Taiwan Semiconductor Manufacturing by 3.9% during the 2nd quarter. Pflug Koory LLC now owns 1,133 shares of the semiconductor company's stock worth $257,000 after acquiring an additional 43 shares during the period. Frazier Financial Advisors LLC increased its holdings in Taiwan Semiconductor Manufacturing by 9.1% during the 2nd quarter. Frazier Financial Advisors LLC now owns 517 shares of the semiconductor company's stock worth $117,000 after acquiring an additional 43 shares during the period. Liberty One Investment Management LLC increased its holdings in Taiwan Semiconductor Manufacturing by 4.3% during the 2nd quarter. Liberty One Investment Management LLC now owns 1,076 shares of the semiconductor company's stock worth $244,000 after acquiring an additional 44 shares during the period. Finally, Westmount Partners LLC increased its holdings in Taiwan Semiconductor Manufacturing by 2.2% during the 2nd quarter. Westmount Partners LLC now owns 2,126 shares of the semiconductor company's stock worth $481,000 after acquiring an additional 45 shares during the period. Institutional investors own 16.51% of the company's stock.

Analyst Ratings Changes

TSM has been the topic of a number of research analyst reports. Weiss Ratings reissued a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, October 8th. Needham & Company LLC increased their price target on shares of Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the stock a "buy" rating in a report on Thursday, October 16th. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "strong-buy" rating in a report on Saturday, October 18th. Susquehanna increased their price target on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a "positive" rating in a report on Friday, October 10th. Finally, Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 17th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $371.67.

Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $288.77 on Thursday. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $134.25 and a 52-week high of $311.37. The stock has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 29.62, a price-to-earnings-growth ratio of 0.99 and a beta of 1.28. The company has a fifty day moving average of $265.24 and a 200-day moving average of $224.45. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced 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 net margin of 43.72% and a return on equity of 36.06%. 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 prior year, the company earned $1.94 EPS. The firm's revenue was up 40.1% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. Equities research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be paid a $0.8348 dividend. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. 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 1.2%. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 26.67%.

Taiwan Semiconductor Manufacturing Company 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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