Knights of Columbus Asset Advisors LLC Sells 30,195 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Knights of Columbus Asset Advisors LLC reduced its stake in Taiwan Semiconductor Manufacturing Company (TSM) by 84.0%, selling 30,195 shares and now holding only 5,739 shares valued at $1.3 million.
• Despite this sale, several other hedge funds increased their positions in TSM, with notable increases from Brighton Jones LLC (20.9%) and Gateway Investment Advisers LLC (51.3%).
• Taiwan Semiconductor Manufacturing recently announced a quarterly dividend increase to $0.8348 per share, reflecting a yield of 1.1% and marking a boost from the previous quarterly dividend of $0.65.

Knights of Columbus Asset Advisors LLC lessened its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 84.0% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,739 shares of the semiconductor company's stock after selling 30,195 shares during the quarter. Knights of Columbus Asset Advisors LLC's holdings in Taiwan Semiconductor Manufacturing were worth $1,300,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of TSM. Brighton Jones LLC grew its position in Taiwan Semiconductor Manufacturing by 20.9% in the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock valued at $2,159,000 after acquiring an additional 1,892 shares during the last quarter. Gateway Investment Advisers LLC grew its position in Taiwan Semiconductor Manufacturing by 51.3% in the 1st quarter. Gateway Investment Advisers LLC now owns 1,663 shares of the semiconductor company's stock valued at $276,000 after acquiring an additional 564 shares during the last quarter. UMB Bank n.a. grew its position in Taiwan Semiconductor Manufacturing by 2.4% in the 1st quarter. UMB Bank n.a. now owns 6,118 shares of the semiconductor company's stock valued at $1,016,000 after acquiring an additional 142 shares during the last quarter. Wedmont Private Capital grew its position in shares of Taiwan Semiconductor Manufacturing by 1.6% during the 1st quarter. Wedmont Private Capital now owns 7,851 shares of the semiconductor company's stock worth $1,233,000 after buying an additional 126 shares in the last quarter. Finally, Miracle Mile Advisors LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 13.6% during the 1st quarter. Miracle Mile Advisors LLC now owns 3,415 shares of the semiconductor company's stock worth $567,000 after buying an additional 409 shares in the last quarter. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM stock opened at $302.36 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $134.25 and a 1-year high of $307.30. The stock's 50-day moving average is $251.53 and its 200 day moving average is $214.43. The company has a market cap of $1.57 trillion, a P/E ratio of 34.48, a PEG ratio of 1.39 and a beta of 1.28. 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 released its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, beating 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 company had revenue of $30.07 billion during the quarter, compared to analysts' expectations of $28.50 billion. During the same period last year, the business posted $1.48 earnings per share. 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. Research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share 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. Shareholders of record on Thursday, December 11th will be paid a $0.8348 dividend. This represents a $3.34 dividend on an annualized basis and a yield of 1.1%. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 29.99%.

Analyst Ratings Changes

A number of research firms have recently issued reports on TSM. Needham & Company LLC reissued a "buy" rating and set a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Weiss Ratings reissued a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Saturday, September 27th. Susquehanna increased their price target on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Barclays increased their price target on Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 16th. Finally, Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $286.67.

Taiwan Semiconductor Manufacturing Company 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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