Kestra Advisory Services LLC Sells 2,824 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Kestra Advisory Services LLC sold 2,824 shares of Taiwan Semiconductor Manufacturing Company, reducing its stake by 2.4%, leaving them with 115,449 shares valued at approximately $19.17 million.
• Taiwan Semiconductor Manufacturing reported $30.07 billion in revenue for the last quarter, significantly surpassing expectations, and achieved an earnings-per-share of $2.47, exceeding the consensus estimate by $0.34.
• Analysts have mixed recommendations for Taiwan Semiconductor, with Barclays and Citigroup maintaining a "buy" rating, while Wall Street Zen downgraded it from "buy" to "hold," reflecting differing opinions on the stock's outlook.

Kestra Advisory Services LLC lessened its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 2.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 115,449 shares of the semiconductor company's stock after selling 2,824 shares during the period. Kestra Advisory Services LLC's holdings in Taiwan Semiconductor Manufacturing were worth $19,165,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in TSM. Mccarter Private Wealth Services LLC bought a new stake in Taiwan Semiconductor Manufacturing during the 1st quarter worth approximately $260,000. D.B. Root & Company LLC boosted its stake in Taiwan Semiconductor Manufacturing by 28.7% during the first quarter. D.B. Root & Company LLC now owns 3,916 shares of the semiconductor company's stock worth $650,000 after acquiring an additional 874 shares in the last quarter. Monetary Management Group Inc. increased its stake in Taiwan Semiconductor Manufacturing by 127.5% in the first quarter. Monetary Management Group Inc. now owns 2,275 shares of the semiconductor company's stock valued at $378,000 after purchasing an additional 1,275 shares in the last quarter. Hobbs Group Advisors LLC increased its stake in Taiwan Semiconductor Manufacturing by 6.5% in the first quarter. Hobbs Group Advisors LLC now owns 3,239 shares of the semiconductor company's stock valued at $538,000 after purchasing an additional 197 shares in the last quarter. Finally, Bragg Financial Advisors Inc acquired a new position in shares of Taiwan Semiconductor Manufacturing during the first quarter valued at about $2,835,000. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock traded up $5.8760 during trading hours on Friday, hitting $233.2060. 10,276,381 shares of the company were exchanged, compared to its average volume of 10,517,966. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $1.21 trillion, a price-to-earnings ratio of 26.59, a P/E/G ratio of 1.11 and a beta of 1.19. The firm has a fifty day simple moving average of $232.56 and a 200 day simple moving average of $198.71. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $134.25 and a 52-week high of $248.28.

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

Analyst Ratings Changes

TSM has been the subject of several research reports. Needham & Company LLC restated a "buy" rating and issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Barclays reiterated 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 price objective on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Finally, Wall Street Zen cut shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Saturday. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $258.33.

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.