Modern Wealth Management LLC Grows Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Modern Wealth Management LLC increased its stake in Taiwan Semiconductor Manufacturing Company by 40.9%, now holding 10,922 shares worth approximately $1.81 million as of the latest SEC filing.
• The company reported $2.47 earnings per share (EPS) for the recent quarter, surpassing analysts' expectations and demonstrating a 44.4% increase in year-over-year revenue.
• Taiwan Semiconductor recently declared a quarterly dividend of $0.8348, marking an increase from its previous dividend of $0.65, with a 1.3% annual yield.

Modern Wealth Management LLC boosted its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 40.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,922 shares of the semiconductor company's stock after acquiring an additional 3,171 shares during the quarter. Modern Wealth Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $1,813,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the business. First Heartland Consultants Inc. raised its position in Taiwan Semiconductor Manufacturing by 4.2% in the fourth quarter. First Heartland Consultants Inc. now owns 1,236 shares of the semiconductor company's stock worth $244,000 after acquiring an additional 50 shares in the last quarter. Formidable Asset Management LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 3.2% in the fourth quarter. Formidable Asset Management LLC now owns 1,606 shares of the semiconductor company's stock valued at $317,000 after buying an additional 50 shares in the last quarter. Connecticut Wealth Management LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 0.7% in the fourth quarter. Connecticut Wealth Management LLC now owns 7,416 shares of the semiconductor company's stock valued at $1,465,000 after buying an additional 55 shares in the last quarter. Brown Shipley& Co Ltd increased its position in shares of Taiwan Semiconductor Manufacturing by 1.4% in the first quarter. Brown Shipley& Co Ltd now owns 3,926 shares of the semiconductor company's stock valued at $652,000 after buying an additional 55 shares in the last quarter. Finally, WealthPlan Investment Management LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 3.2% in the first quarter. WealthPlan Investment Management LLC now owns 1,847 shares of the semiconductor company's stock valued at $307,000 after buying an additional 57 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Up 0.1%

Shares of NYSE:TSM opened at $259.27 on Friday. The stock's 50-day moving average price is $238.56 and its two-hundred day moving average price is $202.91. 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 Company Ltd. has a 12-month low of $134.25 and a 12-month high of $264.58. The firm has a market cap of $1.34 trillion, a price-to-earnings ratio of 29.56, a PEG ratio of 1.23 and a beta of 1.23.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (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 analyst estimates of $28.50 billion. During the same period last year, the company earned $1.48 EPS. The firm's quarterly revenue was up 44.4% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS 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. 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 1.3%. The ex-dividend date of this dividend is Thursday, December 11th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's dividend payout ratio is 28.16%.

Analyst Upgrades and Downgrades

TSM has been the subject of a number of research analyst reports. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Susquehanna raised their price target on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research report on Monday, July 14th. Needham & Company LLC restated a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Barclays restated an "overweight" rating and issued a $240.00 price target (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Finally, Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $258.33.

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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