Harber Asset Management LLC Decreases Stock Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Harber Asset Management LLC significantly reduced its stake in Taiwan Semiconductor Manufacturing Company by 59.3%, currently holding 47,785 shares worth approximately $7.93 million.
• Several institutional investors have increased their holdings in Taiwan Semiconductor, with Goldman Sachs raising its stake by 55.6% and Nuveen LLC acquiring a new position valued at around $482.68 million.
• The company has recently announced a quarterly dividend of $0.8348, an increase from the previous $0.65, with a yield of 1.4%.

Harber Asset Management LLC lowered its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 59.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 47,785 shares of the semiconductor company's stock after selling 69,521 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 2.8% of Harber Asset Management LLC's portfolio, making the stock its 17th biggest position. Harber Asset Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $7,932,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in TSM. Benchmark Investment Advisors LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 3.9% during the first quarter. Benchmark Investment Advisors LLC now owns 18,376 shares of the semiconductor company's stock worth $3,050,000 after purchasing an additional 686 shares during the period. Sassicaia Capital Advisers LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $1,061,000. Junto Capital Management LP boosted its holdings in Taiwan Semiconductor Manufacturing by 10.6% in the first quarter. Junto Capital Management LP now owns 225,322 shares of the semiconductor company's stock valued at $37,403,000 after acquiring an additional 21,507 shares in the last quarter. Guardian Point Capital LP bought a new stake in Taiwan Semiconductor Manufacturing in the first quarter valued at $4,150,000. Finally, Hiddenite Capital Partners LP purchased a new position in Taiwan Semiconductor Manufacturing during the 1st quarter valued at $7,337,000. Institutional investors own 16.51% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday. Susquehanna lifted their price objective on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research report on Monday, July 14th. 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. Barclays restated 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. Finally, Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, Taiwan Semiconductor Manufacturing has a consensus rating of "Buy" and a consensus price target of $258.33.

Taiwan Semiconductor Manufacturing Stock Down 3.0%

Shares of TSM traded down $7.26 during mid-day trading on Friday, reaching $231.01. The company had a trading volume of 15,511,696 shares, compared to its average volume of 10,307,398. 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 has a market capitalization of $1.20 trillion, a price-to-earnings ratio of 26.34, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. The firm has a 50-day moving average price of $234.90 and a 200 day moving average price of $199.77. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $134.25 and a 52 week high of $248.28.

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. On average, sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be paid a $0.8348 dividend. This represents a $3.34 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Thursday, December 11th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 28.16%.

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.