Moran Wealth Management LLC Cuts Stock Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Moran Wealth Management LLC has reduced its stake in Taiwan Semiconductor Manufacturing Company by 3.1%, now holding 187,797 shares valued at approximately $42.5 million.
• The company reported earnings per share of $2.47 for the last quarter, exceeding estimates, with revenues of $30.07 billion, up 44.4% year-over-year.
• Taiwan Semiconductor has recently increased its quarterly dividend from $0.65 to $0.8348 per share, reflecting a positive shift for investors.

Moran Wealth Management LLC cut its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 3.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 187,797 shares of the semiconductor company's stock after selling 6,035 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 1.3% of Moran Wealth Management LLC's portfolio, making the stock its 8th largest position. Moran Wealth Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $42,534,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. 1248 Management LLC bought a new stake in Taiwan Semiconductor Manufacturing in the 1st quarter valued at about $28,000. Graybill Wealth Management LTD. acquired a new stake in Taiwan Semiconductor Manufacturing in the first quarter valued at approximately $33,000. Vision Financial Markets LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the first quarter valued at approximately $33,000. Keener Financial Planning LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the first quarter valued at approximately $39,000. Finally, Hemington Wealth Management lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 78.2% in the 1st quarter. Hemington Wealth Management now owns 253 shares of the semiconductor company's stock worth $41,000 after purchasing an additional 111 shares in the last quarter. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE TSM opened at $303.14 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $307.30. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15. The firm has a market cap of $1.57 trillion, a price-to-earnings ratio of 34.57, a PEG ratio of 1.34 and a beta of 1.28. The company has a fifty day moving average price of $257.20 and a 200-day moving average price of $218.72.

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

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared 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. 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. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 29.65%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on TSM. Itau BBA Securities began coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, October 7th. They issued an "outperform" rating on the stock. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Weiss Ratings reissued a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 8th. Needham & Company LLC reissued a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Finally, Barclays lifted their price target on Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the company an "overweight" rating in a research note on Thursday. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $333.33.

Taiwan Semiconductor Manufacturing 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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