GK Wealth Management LLC Buys 2,626 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• GK Wealth Management LLC increased its stake in Taiwan Semiconductor Manufacturing Company (TSM) by 193.8% during the first quarter, now holding a total of 3,981 shares valued at approximately $661,000.
• Wall Street analysts have a positive outlook on TSM, with several firms assigning a buy rating and setting target prices between $240.00 and $270.00.
• Taiwan Semiconductor Manufacturing recently reported a net margin of 42.91% and a revenue increase of 44.4% year-over-year, significantly beating analysts' expectations for earnings per share.

GK Wealth Management LLC lifted its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 193.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,981 shares of the semiconductor company's stock after purchasing an additional 2,626 shares during the period. GK Wealth Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $661,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. DekaBank Deutsche Girozentrale grew its holdings in shares of Taiwan Semiconductor Manufacturing by 0.9% in the first quarter. DekaBank Deutsche Girozentrale now owns 1,339,479 shares of the semiconductor company's stock worth $214,442,000 after purchasing an additional 11,693 shares during the last quarter. Pinnacle Investment Management Ltd bought a new position in Taiwan Semiconductor Manufacturing during the 4th quarter worth about $26,661,000. Quantbot Technologies LP grew its holdings in Taiwan Semiconductor Manufacturing by 452.2% during the 1st quarter. Quantbot Technologies LP now owns 47,425 shares of the semiconductor company's stock worth $7,873,000 after acquiring an additional 38,837 shares in the last quarter. Duquesne Family Office LLC grew its holdings in Taiwan Semiconductor Manufacturing by 456.9% during the 1st quarter. Duquesne Family Office LLC now owns 598,780 shares of the semiconductor company's stock worth $99,397,000 after acquiring an additional 491,265 shares in the last quarter. Finally, Sentry LLC bought a new position in Taiwan Semiconductor Manufacturing during the 1st quarter worth about $222,000. 16.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TSM has been the topic of several recent research reports. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Barclays reiterated an "overweight" rating and set a $240.00 target price (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 3rd. Needham & Company LLC reiterated a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. 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. 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, According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has an average rating of "Buy" and an average price target of $258.33.

Taiwan Semiconductor Manufacturing Stock Up 3.8%

NYSE:TSM opened at $260.40 on Thursday. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $134.25 and a fifty-two week high of $264.58. The stock has a market capitalization of $1.35 trillion, a P/E ratio of 29.69, a P/E/G ratio of 1.19 and a beta of 1.23. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37. The company's 50-day simple moving average is $237.62 and its 200-day simple moving average is $201.97.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, beating 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 analysts' expectations of $28.50 billion. During the same period last year, the business earned $1.48 EPS. The company's revenue was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be given a $0.8348 dividend. This represents a $3.34 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, December 11th. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's payout ratio is 28.16%.

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.

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