Mcdaniel Terry & Co. Has $65.06 Million Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Mcdaniel Terry & Co. reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 0.7%, holding 287,231 shares valued at $65.06 million, making it the firm's third-largest investment.
• Taiwan Semiconductor Manufacturing reported $2.92 earnings per share for the latest quarter, surpassing analysts' estimates, with a revenue of $32.36 billion and a year-over-year revenue increase of 40.1%.
• The company recently announced a dividend increase to $0.8348 per share, reflecting a positive change from its previous dividend of $0.65, set to be paid on January 8th, with an annual yield of 1.1%.

Mcdaniel Terry & Co. lowered its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 0.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 287,231 shares of the semiconductor company's stock after selling 2,057 shares during the quarter. Taiwan Semiconductor Manufacturing comprises approximately 5.3% of Mcdaniel Terry & Co.'s investment portfolio, making the stock its 3rd biggest holding. Mcdaniel Terry & Co.'s holdings in Taiwan Semiconductor Manufacturing were worth $65,055,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in TSM. Brighton Jones LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 20.9% in the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock valued at $2,159,000 after purchasing an additional 1,892 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 7.0% in the first quarter. GAMMA Investing LLC now owns 9,103 shares of the semiconductor company's stock worth $1,511,000 after purchasing an additional 594 shares in the last quarter. Chevy Chase Trust Holdings LLC increased its stake in Taiwan Semiconductor Manufacturing by 19.2% in the 1st quarter. Chevy Chase Trust Holdings LLC now owns 6,324 shares of the semiconductor company's stock valued at $1,050,000 after buying an additional 1,018 shares during the last quarter. Perigon Wealth Management LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 20.0% during the 1st quarter. Perigon Wealth Management LLC now owns 5,903 shares of the semiconductor company's stock worth $980,000 after buying an additional 983 shares during the last quarter. Finally, Pure Financial Advisors LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 26.2% in the 1st quarter. Pure Financial Advisors LLC now owns 3,397 shares of the semiconductor company's stock valued at $564,000 after acquiring an additional 705 shares in the last quarter. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE TSM opened at $295.22 on Friday. The firm has a 50-day moving average price of $267.36 and a two-hundred day moving average price of $226.51. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $134.25 and a 12-month high of $311.37. The company has a market capitalization of $1.53 trillion, a P/E ratio of 30.28, a P/E/G ratio of 0.98 and a beta of 1.28. 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 (NYSE:TSM - Get Free Report) last issued its quarterly earnings results on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.59 by $0.33. The business had revenue of $32.36 billion for the quarter, compared to the consensus estimate of $951.89 billion. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The firm's quarterly revenue was up 40.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.94 earnings per share. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. Analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed 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. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 26.97%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Needham & Company LLC increased their price target on Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the company a "buy" rating in a research report on Thursday, October 16th. Susquehanna upped their target price on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a "positive" rating in a report on Friday, October 10th. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "strong-buy" rating in a report on Saturday, October 18th. Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an "overweight" rating in a research note on Friday, October 17th. Finally, Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 17th. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $371.67.

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.

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