Hodges Capital Management Inc. Has $10.42 Million Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Hodges Capital Management reduced its holdings in Taiwan Semiconductor Manufacturing Company by 34.5% in the first quarter, owning 62,739 shares worth approximately $10.42 million.
• The company reported $30.07 billion in revenue for the quarter, exceeding estimates and showing a 44.4% increase compared to the previous year, while also achieving $2.47 EPS.
• Taiwan Semiconductor Manufacturing announced a quarterly dividend of $0.8348, up from the previous $0.65, with a yield of 1.3% and a payout ratio of 28.16%.

Hodges Capital Management Inc. lessened its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 34.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 62,739 shares of the semiconductor company's stock after selling 33,094 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 1.0% of Hodges Capital Management Inc.'s investment portfolio, making the stock its 27th largest position. Hodges Capital Management Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $10,415,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. City Holding Co. grew its holdings in shares of Taiwan Semiconductor Manufacturing by 238.0% during the 1st quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 119 shares in the last quarter. Signature Resources Capital Management LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 138.8% during the 1st 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 in the last quarter. Graybill Wealth Management LTD. acquired a new stake in Taiwan Semiconductor Manufacturing in the 1st quarter valued at $33,000. Vision Financial Markets LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 1st quarter valued at $33,000. Finally, Keener Financial Planning LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 1st quarter valued at $39,000. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Trading Down 0.6%

Shares of TSM opened at $258.75 on Friday. The stock has a fifty day moving average price of $238.09 and a two-hundred day moving average price of $202.43. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $134.25 and a 52-week high of $264.58. The company has a market cap of $1.34 trillion, a price-to-earnings ratio of 29.50, a PEG ratio of 1.24 and a beta of 1.23.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $30.07 billion during the quarter, compared to the consensus estimate of $28.50 billion. During the same quarter in the previous year, the company posted $1.48 EPS. The business's revenue for the quarter 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 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be given a $0.8348 dividend. This represents a $3.34 annualized dividend and a yield of 1.3%. 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 is presently 28.16%.

Analysts Set New Price Targets

TSM has been the topic of several recent analyst reports. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Needham & Company LLC reaffirmed a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Susquehanna boosted their price target on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research note on Monday, July 14th. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. Finally, Barclays reaffirmed an "overweight" rating and issued a $240.00 price target (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 3rd. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus 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.

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