GSB Wealth Management LLC Sells 1,442 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• GSB Wealth Management LLC reduced its holdings in Taiwan Semiconductor Manufacturing Company by 11.1%, selling 1,442 shares and valuing its remaining shares at $2.6 million.
• Several institutional investors have increased their stakes in Taiwan Semiconductor, indicating continued confidence in the company’s prospects as it maintains a significant market capitalization of $1.41 trillion.
• The company announced a dividend increase, raising its quarterly dividend from $0.65 to $0.8348 per share, reflecting an annualized yield of 1.2%.

GSB Wealth Management LLC lowered its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 11.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,550 shares of the semiconductor company's stock after selling 1,442 shares during the quarter. GSB Wealth Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $2,616,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Westmount Partners LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 2.2% during the second quarter. Westmount Partners LLC now owns 2,126 shares of the semiconductor company's stock worth $481,000 after purchasing an additional 45 shares during the period. Mirador Capital Partners LP grew its stake in shares of Taiwan Semiconductor Manufacturing by 2.6% during the second quarter. Mirador Capital Partners LP now owns 1,785 shares of the semiconductor company's stock worth $404,000 after purchasing an additional 45 shares during the period. Formidable Asset Management LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 3.2% during the fourth quarter. Formidable Asset Management LLC now owns 1,606 shares of the semiconductor company's stock worth $317,000 after purchasing an additional 50 shares during the period. Leonard Rickey Investment Advisors P.L.L.C. grew 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 period. Finally, Michael S. Ryan Inc. grew its stake in Taiwan Semiconductor Manufacturing by 1.7% in the second quarter. Michael S. Ryan Inc. now owns 3,239 shares of the semiconductor company's stock valued at $734,000 after acquiring an additional 53 shares during the period. 16.51% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on TSM. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. Susquehanna boosted their price target on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a report on Monday, July 14th. Needham & Company LLC restated a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Finally, Barclays boosted their price target on Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an "overweight" rating in a report on Tuesday, September 16th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $286.67.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock opened at $272.75 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $276.36. The stock's 50 day moving average is $242.83 and its 200-day moving average is $206.76. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $1.41 trillion, a price-to-earnings ratio of 31.10, a PEG ratio of 1.26 and a beta of 1.23.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.13 by $0.34. The company had revenue of $30.07 billion for the quarter, compared to the consensus estimate of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The firm's revenue for the quarter was up 44.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 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 business also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be given a dividend of $0.8348 per share. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 29.42%.

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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