Keudell Morrison Wealth Management Invests $232,000 in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Keudell Morrison Wealth Management has invested approximately $232,000 in Taiwan Semiconductor Manufacturing Company by purchasing 1,023 shares in the second quarter.
• Several hedge funds have also increased their stakes in Taiwan Semiconductor, with Fortitude Advisory Group acquiring a new stake valued at around $311,000.
• Taiwan Semiconductor recently increased its quarterly dividend from $0.65 to $0.8348 per share, indicating strong financial performance and a commitment to returning value to shareholders.

Keudell Morrison Wealth Management purchased a new stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,023 shares of the semiconductor company's stock, valued at approximately $232,000.

Several other hedge funds have also bought and sold shares of the stock. Fortitude Advisory Group L.L.C. acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter worth approximately $311,000. Simplicity Wealth LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 99.9% during the second quarter. Simplicity Wealth LLC now owns 8,025 shares of the semiconductor company's stock worth $1,818,000 after buying an additional 4,010 shares in the last quarter. OLD National Bancorp IN purchased a new stake in Taiwan Semiconductor Manufacturing during the second quarter worth $11,933,000. Wealthcare Capital Partners LLC increased its holdings in Taiwan Semiconductor Manufacturing by 4.1% in the second quarter. Wealthcare Capital Partners LLC now owns 2,538 shares of the semiconductor company's stock valued at $575,000 after buying an additional 99 shares in the last quarter. Finally, Berger Financial Group Inc increased its holdings in Taiwan Semiconductor Manufacturing by 3.1% in the second quarter. Berger Financial Group Inc now owns 4,174 shares of the semiconductor company's stock valued at $945,000 after buying an additional 127 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 equities research analysts have recently issued reports on TSM shares. Susquehanna increased their target price on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research note on Monday, July 14th. Needham & Company LLC reiterated a "buy" rating and set a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Saturday, September 27th. Finally, Barclays lifted their price target on shares of Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an "overweight" rating in a research note on Tuesday, September 16th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $286.67.

Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $292.42 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15. The business has a 50 day simple moving average of $250.34 and a two-hundred day simple moving average of $213.55. The stock has a market capitalization of $1.52 trillion, a P/E ratio of 33.34, a PEG ratio of 1.39 and a beta of 1.28. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $296.72.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $30.07 billion during the quarter, compared to the consensus estimate of $28.50 billion. During the same period in the prior year, the company earned $1.48 EPS. The firm's revenue was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be given a dividend of $0.8348 per share. The ex-dividend date is Thursday, December 11th. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 dividend on an annualized basis and a yield of 1.1%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 29.42%.

About Taiwan Semiconductor Manufacturing

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.

Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.