Groupe la Francaise Has $56.50 Million Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Groupe la Francaise increased its stake in Taiwan Semiconductor Manufacturing Company Ltd. (TSM) by 7.3% in the first quarter, bringing its total holdings to approximately $56.5 million.
• Analysts have mixed views on TSM, with some boosting price targets while others downgraded ratings, but the overall consensus is a "Buy" with an average target price of $258.33.
• TSM reported strong quarterly earnings of $2.47 EPS for the last quarter, exceeding expectations with revenues of $30.07 billion, marking a year-over-year increase of 44.4%.

Groupe la Francaise lifted its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 7.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 334,259 shares of the semiconductor company's stock after buying an additional 22,758 shares during the period. Taiwan Semiconductor Manufacturing comprises 1.2% of Groupe la Francaise's portfolio, making the stock its 21st biggest holding. Groupe la Francaise's holdings in Taiwan Semiconductor Manufacturing were worth $56,495,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Heritage Wealth Partners LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 17.4% in the first quarter. Heritage Wealth Partners LLC now owns 2,335 shares of the semiconductor company's stock valued at $388,000 after buying an additional 346 shares during the period. Douglass Winthrop Advisors LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 1.1% in the first quarter. Douglass Winthrop Advisors LLC now owns 62,966 shares of the semiconductor company's stock valued at $10,452,000 after buying an additional 699 shares during the period. Crescent Park Management L.P. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 8.5% in the first quarter. Crescent Park Management L.P. now owns 13,107 shares of the semiconductor company's stock valued at $2,176,000 after buying an additional 1,028 shares during the period. Sax Wealth Advisors LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 6.9% in the first quarter. Sax Wealth Advisors LLC now owns 2,400 shares of the semiconductor company's stock valued at $398,000 after buying an additional 154 shares during the period. Finally, Mccarter Private Wealth Services LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at about $260,000. Institutional investors own 16.51% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Barclays reiterated an "overweight" rating and issued a $240.00 target price (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 3rd. Needham & Company LLC reiterated a "buy" rating and issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Wall Street Zen cut shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, Susquehanna raised their price target on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research note on Monday, July 14th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has a consensus rating of "Buy" and a consensus target price of $258.33.

Taiwan Semiconductor Manufacturing Price Performance

TSM traded up $5.8760 during midday trading on Friday, reaching $233.2060. 10,276,381 shares of the company's stock were exchanged, compared to its average volume of 10,517,966. The firm has a market capitalization of $1.21 trillion, a price-to-earnings ratio of 26.59, a price-to-earnings-growth ratio of 1.11 and a beta of 1.19. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $134.25 and a one year high of $248.28. The business has a 50-day simple moving average of $232.56 and a two-hundred day simple moving average of $198.71.

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

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.