KEYWISE CAPITAL MANAGEMENT HK Ltd Sells 1,033,150 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• KEYWISE CAPITAL MANAGEMENT HK Ltd significantly reduced its stake in Taiwan Semiconductor Manufacturing Company by 99.6%, selling over 1 million shares, leaving it with only 4,330 shares by the end of the quarter.
• Goldman Sachs boosted its stake in Taiwan Semiconductor by 55.6%, acquiring an additional 6,180,445 shares, indicating growing institutional interest amid varied investor activities.
• Taiwan Semiconductor Manufacturing has announced a quarterly dividend increase to $0.8348, up from the previous $0.65, with an annualized yield of 1.4% and a payout ratio of 28.16%.

KEYWISE CAPITAL MANAGEMENT HK Ltd lowered its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 99.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,330 shares of the semiconductor company's stock after selling 1,033,150 shares during the quarter. Taiwan Semiconductor Manufacturing comprises about 0.1% of KEYWISE CAPITAL MANAGEMENT HK Ltd's investment portfolio, making the stock its 7th largest position. KEYWISE CAPITAL MANAGEMENT HK Ltd's holdings in Taiwan Semiconductor Manufacturing were worth $719,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of TSM. Goldman Sachs Group Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 55.6% in the first quarter. Goldman Sachs Group Inc. now owns 17,306,108 shares of the semiconductor company's stock worth $2,872,814,000 after purchasing an additional 6,180,445 shares in the last quarter. Nuveen LLC acquired a new position in Taiwan Semiconductor Manufacturing in the first quarter worth $482,676,000. Jennison Associates LLC boosted its stake in Taiwan Semiconductor Manufacturing by 36.8% in the first quarter. Jennison Associates LLC now owns 9,509,032 shares of the semiconductor company's stock worth $1,578,499,000 after purchasing an additional 2,559,512 shares in the last quarter. Alliancebernstein L.P. boosted its stake in Taiwan Semiconductor Manufacturing by 31.5% in the first quarter. Alliancebernstein L.P. now owns 8,864,014 shares of the semiconductor company's stock worth $1,471,426,000 after purchasing an additional 2,121,758 shares in the last quarter. Finally, Sarasin & Partners LLP acquired a new position in Taiwan Semiconductor Manufacturing in the first quarter worth $362,773,000. Institutional investors and hedge funds own 16.51% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Needham & Company LLC reaffirmed a "buy" rating and set a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Barclays reaffirmed an "overweight" rating and set a $240.00 price target (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 3rd. Finally, Susquehanna upped their price target on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research note on Monday, July 14th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $258.33.

Taiwan Semiconductor Manufacturing Trading Up 1.6%

Shares of TSM opened at $235.15 on Friday. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $134.25 and a 12-month high of $248.28. The firm has a market capitalization of $1.22 trillion, a PE ratio of 26.81, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. The stock's fifty day simple moving average is $235.88 and its 200-day simple moving average is $200.59.

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

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be issued a $0.8348 dividend. 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 1.4%. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 28.16%.

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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