Interchange Capital Partners LLC Trims Stock Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Interchange Capital Partners LLC reduced its stake in Taiwan Semiconductor Manufacturing Company (TSM) by 73.3%, selling 4,772 shares, leaving it with 1,742 shares worth approximately $395,000.
• Several investment firms are showing renewed interest in TSM, with 1248 Management LLC and others establishing new positions in the company during the first quarter.
• Analyst upgrades have led to a revised price target for TSM, with a consensus rating of "Moderate Buy" and an average target price of $333.33, reflecting positive market sentiment.

Interchange Capital Partners LLC lowered its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 73.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,742 shares of the semiconductor company's stock after selling 4,772 shares during the period. Taiwan Semiconductor Manufacturing accounts for about 0.4% of Interchange Capital Partners LLC's holdings, making the stock its 19th biggest position. Interchange Capital Partners LLC's holdings in Taiwan Semiconductor Manufacturing were worth $395,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. 1248 Management LLC purchased a new position in Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $28,000. Graybill Wealth Management LTD. purchased a new position in Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $33,000. Vision Financial Markets LLC purchased a new position in Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $33,000. Keener Financial Planning LLC purchased a new position in Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $39,000. Finally, Hemington Wealth Management grew its stake in Taiwan Semiconductor Manufacturing by 78.2% during the first quarter. Hemington Wealth Management now owns 253 shares of the semiconductor company's stock valued at $41,000 after acquiring an additional 111 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on TSM. Susquehanna boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a "positive" rating in a research note on Friday. Needham & Company LLC reissued a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Itau BBA Securities started coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, October 7th. They issued an "outperform" rating for the company. Barclays boosted their price target on shares of Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the stock an "overweight" rating in a research note on Thursday, October 9th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $333.33.

Taiwan Semiconductor Manufacturing Trading Down 2.4%

Shares of TSM opened at $295.62 on Wednesday. The firm has a market cap of $1.53 trillion, a price-to-earnings ratio of 33.71, a PEG ratio of 1.45 and a beta of 1.28. 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 fifty-two week low of $134.25 and a fifty-two week high of $307.30. The firm has a 50 day moving average price of $258.46 and a 200-day moving average price of $219.25.

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 for the quarter, topping analysts' consensus estimates of $2.13 by $0.34. The firm had revenue of $30.07 billion during the quarter, compared to analyst estimates of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The business's quarterly revenue was up 44.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be issued a $0.8348 dividend. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.1%. 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 29.65%.

Taiwan Semiconductor Manufacturing 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.

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