Lyell Wealth Management LP Grows Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Lyell Wealth Management LP increased its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 5.6% during the second quarter, owning 68,360 shares worth approximately $15.48 million.
• The company reported a $2.92 EPS for the last quarter, exceeding expectations of $2.59, with revenue reaching $32.36 billion.
• Taiwan Semiconductor recently declared an increased quarterly dividend of $0.8348, which reflects an annualized dividend of $3.34 and a yield of 1.1%.

Lyell Wealth Management LP grew its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 5.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 68,360 shares of the semiconductor company's stock after acquiring an additional 3,605 shares during the quarter. Taiwan Semiconductor Manufacturing comprises 1.2% of Lyell Wealth Management LP's investment portfolio, making the stock its 26th biggest holding. Lyell Wealth Management LP's holdings in Taiwan Semiconductor Manufacturing were worth $15,483,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in TSM. Northeast Investment Management grew its stake in Taiwan Semiconductor Manufacturing by 1.1% during the 2nd quarter. Northeast Investment Management now owns 6,577 shares of the semiconductor company's stock worth $1,490,000 after buying an additional 71 shares during the last quarter. Calamos Wealth Management LLC grew its stake in Taiwan Semiconductor Manufacturing by 12.4% during the 2nd quarter. Calamos Wealth Management LLC now owns 38,173 shares of the semiconductor company's stock worth $8,646,000 after buying an additional 4,208 shares during the last quarter. Cidel Asset Management Inc. grew its stake in Taiwan Semiconductor Manufacturing by 14.8% during the 2nd quarter. Cidel Asset Management Inc. now owns 3,981 shares of the semiconductor company's stock worth $902,000 after buying an additional 513 shares during the last quarter. Forvis Mazars Wealth Advisors LLC grew its stake in Taiwan Semiconductor Manufacturing by 4.9% during the 2nd quarter. Forvis Mazars Wealth Advisors LLC now owns 2,618 shares of the semiconductor company's stock worth $593,000 after buying an additional 123 shares during the last quarter. Finally, Crux Wealth Advisors grew its stake in Taiwan Semiconductor Manufacturing by 28.8% during the 2nd quarter. Crux Wealth Advisors now owns 8,396 shares of the semiconductor company's stock worth $1,902,000 after buying an additional 1,877 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Down 1.5%

Taiwan Semiconductor Manufacturing stock opened at $295.37 on Monday. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $311.37. The stock has a 50 day moving average of $262.16 and a two-hundred day moving average of $222.45. 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 $1.53 trillion, a price-to-earnings ratio of 30.29, a PEG ratio of 1.02 and a beta of 1.28.

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

Taiwan Semiconductor Manufacturing Increases Dividend

The firm 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. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $3.34 annualized dividend and a dividend yield of 1.1%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's payout ratio is 26.67%.

Analyst Upgrades and Downgrades

TSM has been the topic of a number of research reports. Itau BBA Securities initiated coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, October 7th. They set an "outperform" rating on the stock. Susquehanna raised their price target on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a "positive" rating in a research note on Friday, October 10th. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday. Finally, Barclays raised their price target on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the stock an "overweight" rating in a research note on Friday. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing presently has an average rating of "Moderate Buy" and an average price target of $371.67.

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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