Invesco Ltd. Has $71.71 Million Position in Tower Semiconductor Ltd. $TSEM

Key Points

• Invesco Ltd. has increased its stake in Tower Semiconductor by 14.2% in the first quarter, now owning 2,010,856 shares valued at approximately $71.7 million.
• A number of institutional investors have recently adjusted their positions in Tower Semiconductor, with hedge funds collectively owning 70.51% of the company's stock.
• Analysts have a consensus rating of "Moderate Buy" for Tower Semiconductor, with price targets around $64.25 to $66.00.

Invesco Ltd. grew its holdings in shares of Tower Semiconductor Ltd. (NASDAQ:TSEM - Free Report) by 14.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,010,856 shares of the semiconductor company's stock after acquiring an additional 249,621 shares during the period. Invesco Ltd. owned about 1.81% of Tower Semiconductor worth $71,707,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. TCTC Holdings LLC grew its stake in shares of Tower Semiconductor by 117.9% during the first quarter. TCTC Holdings LLC now owns 706 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 382 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of Tower Semiconductor during the first quarter worth about $75,000. Caption Management LLC bought a new position in shares of Tower Semiconductor during the fourth quarter worth about $155,000. Squarepoint Ops LLC bought a new position in shares of Tower Semiconductor during the fourth quarter worth about $247,000. Finally, Cetera Investment Advisers bought a new position in shares of Tower Semiconductor during the fourth quarter worth about $249,000. 70.51% of the stock is currently owned by institutional investors and hedge funds.

Tower Semiconductor Stock Performance

Shares of NASDAQ:TSEM traded up $1.11 during trading hours on Tuesday, hitting $50.32. The stock had a trading volume of 2,724,152 shares, compared to its average volume of 743,086. The stock's fifty day simple moving average is $45.15 and its 200 day simple moving average is $41.56. Tower Semiconductor Ltd. has a 1-year low of $28.64 and a 1-year high of $55.31. The firm has a market capitalization of $5.58 billion, a price-to-earnings ratio of 28.92 and a beta of 0.77. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.50 and a current ratio of 6.57.

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

Wall Street Analyst Weigh In

TSEM has been the topic of several research analyst reports. Susquehanna set a $66.00 price target on shares of Tower Semiconductor and gave the stock a "positive" rating in a research report on Tuesday, August 5th. Benchmark reaffirmed a "buy" rating and set a $66.00 price target (up previously from $60.00) on shares of Tower Semiconductor in a research report on Monday, August 4th. Finally, Wedbush set a $65.00 target price on shares of Tower Semiconductor and gave the stock an "outperform" rating in a report on Tuesday, August 5th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Tower Semiconductor has an average rating of "Buy" and a consensus target price of $64.25.

Tower Semiconductor 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.