Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Purchased by Infinitum Asset Management LLC

Key Points

• Infinitum Asset Management LLC significantly increased its holdings in Taiwan Semiconductor Manufacturing Company by 400% in the first quarter, acquiring an additional 140,000 shares, bringing its total to 175,000 shares valued at approximately $29.05 million.
• The company recently reported $2.47 earnings per share (EPS), surpassing analysts' expectations, and achieved revenue of $30.07 billion, marking a 44.4% year-over-year increase.
• Taiwan Semiconductor Manufacturing announced an increased quarterly dividend of $0.8348, up from its previous $0.65, indicating a strong financial position with a dividend yield of 1.4%.

Infinitum Asset Management LLC increased its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 400.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 175,000 shares of the semiconductor company's stock after acquiring an additional 140,000 shares during the quarter. Taiwan Semiconductor Manufacturing comprises about 9.4% of Infinitum Asset Management LLC's investment portfolio, making the stock its 3rd biggest position. Infinitum Asset Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $29,050,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TSM. New Vernon Capital Holdings II LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 16,500.0% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 6,707,064 shares of the semiconductor company's stock worth $1,113,373,000 after purchasing an additional 6,666,660 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 55.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 17,306,108 shares of the semiconductor company's stock worth $2,872,814,000 after purchasing an additional 6,180,445 shares during the period. Nuveen LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth about $482,676,000. Jennison Associates LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 36.8% during the 1st quarter. Jennison Associates LLC now owns 9,509,032 shares of the semiconductor company's stock worth $1,578,499,000 after purchasing an additional 2,559,512 shares during the period. Finally, Alliancebernstein L.P. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 31.5% during the 1st quarter. Alliancebernstein L.P. now owns 8,864,014 shares of the semiconductor company's stock worth $1,471,426,000 after purchasing an additional 2,121,758 shares during the period. Institutional investors own 16.51% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on TSM. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Barclays reissued 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. Susquehanna upped their target price on shares of 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 shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. Finally, Needham & Company LLC reissued a "buy" rating and issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $258.33.

Taiwan Semiconductor Manufacturing Price Performance

NYSE:TSM traded up $3.50 on Monday, reaching $246.91. The stock had a trading volume of 12,960,408 shares, compared to its average volume of 9,579,977. The company has a market capitalization of $1.28 trillion, a P/E ratio of 28.15, a price-to-earnings-growth ratio of 1.16 and a beta of 1.23. 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 quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. The stock has a fifty day moving average price of $236.57 and a 200-day moving average price of $201.22.

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

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be issued a dividend of $0.8348 per share. The ex-dividend date is Thursday, December 11th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 annualized dividend and a yield of 1.4%. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 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.