Matthews International Capital Management LLC Raises Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Matthews International Capital Management LLC has increased its stake in Taiwan Semiconductor Manufacturing Company by 3.7% in the second quarter, owning 46,452 shares valued at over $10.5 million.
• Multiple institutional investors, including Alliance Wealth Advisors LLC and Westmount Partners LLC, have also raised their holdings in Taiwan Semiconductor Manufacturing, reflecting growing interest in the company's stock.
• Taiwan Semiconductor Manufacturing increased its quarterly dividend from $0.65 to $0.8348, indicating financial strength and a current payout ratio of 29.99%.

Matthews International Capital Management LLC raised its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 3.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 46,452 shares of the semiconductor company's stock after purchasing an additional 1,662 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 2.4% of Matthews International Capital Management LLC's portfolio, making the stock its 16th biggest position. Matthews International Capital Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $10,521,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Alliance Wealth Advisors LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 2.4% during the second quarter. Alliance Wealth Advisors LLC now owns 1,815 shares of the semiconductor company's stock valued at $411,000 after acquiring an additional 43 shares in the last quarter. Westmount Partners LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 2.2% during the second quarter. Westmount Partners LLC now owns 2,126 shares of the semiconductor company's stock valued at $481,000 after acquiring an additional 45 shares in the last quarter. Mirador Capital Partners LP raised its holdings in shares of Taiwan Semiconductor Manufacturing by 2.6% during the second quarter. Mirador Capital Partners LP now owns 1,785 shares of the semiconductor company's stock valued at $404,000 after acquiring an additional 45 shares in the last quarter. Genesis Private Wealth LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 2.3% during the second quarter. Genesis Private Wealth LLC now owns 2,168 shares of the semiconductor company's stock valued at $491,000 after acquiring an additional 48 shares in the last quarter. Finally, Leonard Rickey Investment Advisors P.L.L.C. raised its holdings in shares of Taiwan Semiconductor Manufacturing by 3.3% during the second quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 1,611 shares of the semiconductor company's stock valued at $365,000 after acquiring an additional 52 shares in the last quarter. Institutional investors own 16.51% of the company's stock.

Analysts Set New Price Targets

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

Taiwan Semiconductor Manufacturing Price Performance

TSM opened at $292.42 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $134.25 and a 12-month high of $296.72. The company has a market cap of $1.52 trillion, a price-to-earnings ratio of 33.34, a price-to-earnings-growth ratio of 1.37 and a beta of 1.28. The stock has a fifty day simple moving average of $250.34 and a two-hundred day simple moving average of $213.03. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 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 firm had revenue of $30.07 billion for the quarter, compared to analysts' expectations of $28.50 billion. During the same period in the prior year, the firm posted $1.48 earnings per share. The company's quarterly revenue 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.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be paid a $0.8348 dividend. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing's payout ratio is currently 29.99%.

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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