Montrusco Bolton Investments Inc. Has $184.60 Million Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Montrusco Bolton Investments Inc. has increased its holdings in Taiwan Semiconductor Manufacturing Company (TSM) by 55.8% in the second quarter, making it the fund's 21st largest holding, worth approximately $184.60 million.
• Taiwan Semiconductor reported earnings of $2.47 per share, exceeding analysts' expectations of $2.13, with revenues reaching $30.07 billion during the last quarter, reflecting a 44.4% increase year-over-year.
• The company has raised its quarterly dividend to $0.8348, marking an increase from $0.65, which represents an annual yield of 1.2% and a payout ratio of 29.99%.

Montrusco Bolton Investments Inc. increased its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 55.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 863,127 shares of the semiconductor company's stock after buying an additional 309,140 shares during the period. Taiwan Semiconductor Manufacturing accounts for 2.0% of Montrusco Bolton Investments Inc.'s holdings, making the stock its 21st biggest holding. Montrusco Bolton Investments Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $184,599,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of TSM. Brighton Jones LLC increased its stake in 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 boosted its holdings in Taiwan Semiconductor Manufacturing by 7.0% during 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 during the last quarter. Azzad Asset Management Inc. ADV purchased a new position in Taiwan Semiconductor Manufacturing during the first quarter worth about $1,827,000. Stock Yards Bank & Trust Co. boosted its stake in Taiwan Semiconductor Manufacturing by 49.7% in the first quarter. Stock Yards Bank & Trust Co. now owns 6,480 shares of the semiconductor company's stock valued at $1,076,000 after acquiring an additional 2,150 shares during the last quarter. Finally, CRA Financial Services LLC boosted its stake in Taiwan Semiconductor Manufacturing by 41.0% in the first quarter. CRA Financial Services LLC now owns 1,557 shares of the semiconductor company's stock valued at $258,000 after acquiring an additional 453 shares during the last quarter. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Trading Down 6.3%

Shares of TSM opened at $281.08 on Monday. The stock has a market capitalization of $1.46 trillion, a P/E ratio of 32.05, a PEG ratio of 1.34 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. The firm has a fifty day simple moving average of $255.91 and a two-hundred day simple moving average of $217.76. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $307.30.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.13 by $0.34. The business had revenue of $30.07 billion during the quarter, compared to analysts' expectations of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The firm's revenue for the quarter was up 44.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be issued a $0.8348 dividend. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date is Thursday, December 11th. This represents a $3.34 annualized dividend and a yield of 1.2%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 29.99%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Barclays upped their target price on shares of Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the stock an "overweight" rating in a report on Thursday. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, October 8th. Susquehanna boosted their price target on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a "positive" rating in a research note on Friday. Finally, Needham & Company LLC reissued a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $333.33.

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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