Journey Advisory Group LLC Increases Stock Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Journey Advisory Group LLC increased its holdings in Taiwan Semiconductor Manufacturing Company by 228.9% in Q2, owning nearly 20,000 shares valued at $4.51 million by quarter-end.
• Taiwan Semiconductor recently declared a quarterly dividend of $0.8348 per share, which represents an annualized dividend of $3.34 and a yield of 1.1%.
• The company's latest quarterly earnings showed an EPS of $2.92, surpassing analysts' estimates, with revenues of $32.36 billion, marking a 40.1% year-over-year increase.

Journey Advisory Group LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 228.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,916 shares of the semiconductor company's stock after buying an additional 13,861 shares during the quarter. Journey Advisory Group LLC's holdings in Taiwan Semiconductor Manufacturing were worth $4,511,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. 1248 Management LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter valued at approximately $28,000. Graybill Wealth Management LTD. purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter valued at approximately $33,000. Vision Financial Markets LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter valued at approximately $33,000. Keener Financial Planning LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter valued at approximately $39,000. Finally, Hemington Wealth Management lifted its stake in shares of Taiwan Semiconductor Manufacturing by 78.2% during the 1st quarter. Hemington Wealth Management now owns 253 shares of the semiconductor company's stock valued at $41,000 after buying an additional 111 shares in the last quarter. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM opened at $295.37 on Monday. The company's fifty day moving average price is $262.16 and its 200-day moving average price is $222.45. The firm has a market capitalization of $1.53 trillion, a price-to-earnings ratio of 30.29, a PEG ratio of 1.02 and a beta of 1.28. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $134.25 and a one year high of $311.37. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings results on Thursday, October 16th. The semiconductor company reported $2.92 EPS for the quarter, topping analysts' consensus estimates of $2.59 by $0.33. The firm had revenue of $32.36 billion for the quarter, compared to analyst estimates of $951.89 billion. Taiwan Semiconductor Manufacturing had a net margin of 43.72% and a return on equity of 36.06%. The business's revenue for the quarter was up 40.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.94 EPS. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. On average, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared 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 of this dividend is Thursday, December 11th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's payout ratio is currently 26.67%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on TSM. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "strong-buy" rating in a report on Saturday. Needham & Company LLC upped their target price on shares of Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the stock a "buy" rating in a report on Thursday. Susquehanna upped their target price on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a "positive" rating in a report on Friday, October 10th. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $371.67.

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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