Gordian Capital Singapore Pte Ltd Sells 13,200 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Gordian Capital Singapore significantly reduced its position in Taiwan Semiconductor Manufacturing Company by selling 13,200 shares, bringing its total holdings down to 8,400 shares.
• Taiwan Semiconductor reported higher than expected earnings for the most recent quarter, earning $2.47 per share and generating revenue of $30.07 billion.
• The company has announced an increase in its quarterly dividend to $0.8348, representing a yield of 1.4%.

Gordian Capital Singapore Pte Ltd cut its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 61.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,400 shares of the semiconductor company's stock after selling 13,200 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 0.9% of Gordian Capital Singapore Pte Ltd's investment portfolio, making the stock its 27th largest holding. Gordian Capital Singapore Pte Ltd's holdings in Taiwan Semiconductor Manufacturing were worth $1,388,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Accredited Wealth Management LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth approximately $31,000. City Holding Co. raised its position in shares of Taiwan Semiconductor Manufacturing by 238.0% during the first quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 119 shares during the period. Signature Resources Capital Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 138.8% during the first quarter. Signature Resources Capital Management LLC now owns 191 shares of the semiconductor company's stock worth $32,000 after purchasing an additional 111 shares during the period. Graybill Wealth Management LTD. acquired a new position in shares of Taiwan Semiconductor Manufacturing during the first quarter worth approximately $33,000. Finally, Vision Financial Markets LLC bought a new stake in Taiwan Semiconductor Manufacturing during the first quarter worth $33,000. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Stock Down 3.0%

NYSE:TSM traded down $7.26 during trading hours on Friday, reaching $231.01. 15,511,696 shares of the company traded hands, compared to its average volume of 10,208,586. The business's 50-day moving average price is $234.90 and its two-hundred day moving average price is $199.78. The stock has a market capitalization of $1.20 trillion, a P/E ratio of 26.34, a P/E/G ratio of 1.10 and a beta of 1.19. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $248.28. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.13 by $0.34. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The business had revenue of $30.07 billion during the quarter, compared to analysts' expectations of $28.50 billion. During the same quarter in the previous year, the business earned $1.48 earnings per share. The firm's quarterly revenue was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared 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 an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 28.16%.

Wall Street Analysts Forecast Growth

TSM has been the subject of a number of recent analyst reports. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Wall Street Zen cut Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Saturday, August 23rd. Barclays reissued an "overweight" rating and set a $240.00 price objective (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 3rd. Needham & Company LLC restated a "buy" rating and set a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Finally, Susquehanna lifted their price objective on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Taiwan Semiconductor Manufacturing has an average rating of "Buy" and an average target price of $258.33.

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.