Integrated Wealth Concepts LLC Has $2.83 Million Stock Position in Tower Semiconductor Ltd. $TSEM

Key Points

• Integrated Wealth Concepts LLC increased its holdings in Tower Semiconductor Ltd. by 6.1% in Q1, now owning approximately 79,390 shares worth $2.83 million.
• Tower Semiconductor reported a net margin of 13.20% and a 6.0% year-over-year revenue increase, but fell short of EPS expectations, posting $0.41 against a $0.47 forecast.
• Analysts' price targets for Tower Semiconductor range from $65.00 to $73.00, with an average target of $66.00 and an overall rating of "Buy".

Integrated Wealth Concepts LLC raised its position in shares of Tower Semiconductor Ltd. (NASDAQ:TSEM - Free Report) by 6.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,390 shares of the semiconductor company's stock after purchasing an additional 4,530 shares during the period. Integrated Wealth Concepts LLC owned 0.07% of Tower Semiconductor worth $2,831,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Tower Semiconductor during the 1st quarter worth about $551,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of Tower Semiconductor by 8.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 14,715 shares of the semiconductor company's stock worth $525,000 after purchasing an additional 1,138 shares in the last quarter. Squarepoint Ops LLC purchased a new stake in shares of Tower Semiconductor during the 4th quarter worth about $247,000. Fifth Third Bancorp raised its stake in shares of Tower Semiconductor by 18.0% during the 1st quarter. Fifth Third Bancorp now owns 9,885 shares of the semiconductor company's stock worth $352,000 after purchasing an additional 1,509 shares in the last quarter. Finally, Cetera Investment Advisers purchased a new stake in shares of Tower Semiconductor during the 4th quarter worth about $249,000. 70.51% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on TSEM shares. Susquehanna set a $66.00 price target on Tower Semiconductor and gave the stock a "positive" rating in a research note on Tuesday, August 5th. Benchmark increased their price objective on Tower Semiconductor from $66.00 to $73.00 and gave the company a "buy" rating in a report on Monday, September 8th. Finally, Wedbush set a $65.00 price objective on Tower Semiconductor and gave the company an "outperform" rating in a report on Tuesday, August 5th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $66.00.

Tower Semiconductor Stock Up 0.0%

Shares of NASDAQ TSEM traded up $0.02 during mid-day trading on Friday, reaching $66.04. 1,306,793 shares of the company traded hands, compared to its average volume of 1,669,067. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.50 and a current ratio of 6.57. The stock has a market cap of $7.32 billion, a PE ratio of 37.95 and a beta of 0.86. The company's fifty day moving average is $52.01 and its two-hundred day moving average is $43.30. Tower Semiconductor Ltd. has a fifty-two week low of $28.64 and a fifty-two week high of $67.75.

Tower Semiconductor (NASDAQ:TSEM - Get Free Report) last released its earnings results on Monday, August 4th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.47 by ($0.06). The business had revenue of $372.06 million during the quarter, compared to analyst estimates of $371.63 million. Tower Semiconductor had a net margin of 13.20% and a return on equity of 7.37%. The business's quarterly revenue was up 6.0% compared to the same quarter last year. During the same period last year, the business earned $0.53 EPS. Tower Semiconductor has set its Q3 2025 guidance at EPS. On average, analysts expect that Tower Semiconductor Ltd. will post 1.67 earnings per share for the current year.

Tower Semiconductor Company Profile

Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS.