Myriad Asset Management US LP Buys New Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Myriad Asset Management US LP has made a new investment in Taiwan Semiconductor Manufacturing Company (TSM), purchasing 28,528 shares valued at approximately $6.46 million, making it the fund's 5th largest position.
• Several institutional investors have increased their stakes in TSM, with hedge funds now owning 16.51% of the stock, reflecting growing confidence in the semiconductor company.
• Analysts maintain a positive outlook on TSM, with an average rating of "Buy" and a consensus target price of $286.67, underscoring strong future performance expectations following recent earnings results that surpassed estimates.

Myriad Asset Management US LP acquired a new stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 28,528 shares of the semiconductor company's stock, valued at approximately $6,461,000. Taiwan Semiconductor Manufacturing makes up about 4.3% of Myriad Asset Management US LP's portfolio, making the stock its 5th largest position.

A number of other large investors have also recently added to or reduced their stakes in the business. City Holding Co. lifted its position in shares of Taiwan Semiconductor Manufacturing by 238.0% in the 1st quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 119 shares in the last quarter. 1248 Management LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter valued at $28,000. Signature Resources Capital Management LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 138.8% during the 1st quarter. Signature Resources Capital Management LLC now owns 191 shares of the semiconductor company's stock valued at $32,000 after purchasing an additional 111 shares in the last quarter. Graybill Wealth Management LTD. bought a new position in Taiwan Semiconductor Manufacturing in the 1st quarter worth $33,000. Finally, Vision Financial Markets LLC bought a new position in Taiwan Semiconductor Manufacturing in the 1st quarter worth $33,000. 16.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on TSM shares. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Barclays lifted their target price on shares of Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an "overweight" rating in a research report on Tuesday, September 16th. 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. Finally, Susquehanna boosted their price target on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research report on Monday, July 14th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing has an average rating of "Buy" and a consensus target price of $286.67.

Taiwan Semiconductor Manufacturing Trading Down 1.6%

Shares of NYSE:TSM traded down $4.37 during mid-day trading on Friday, hitting $264.27. The company had a trading volume of 17,619,494 shares, compared to its average volume of 10,617,547. The firm has a fifty day moving average price of $241.95 and a 200 day moving average price of $205.88. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $134.25 and a one year high of $270.54. 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 company has a market capitalization of $1.37 trillion, a PE ratio of 30.13, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $30.07 billion for the quarter, compared to the consensus estimate of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The business's revenue for the quarter was up 44.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, 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 disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be issued 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 annualized dividend and a dividend yield of 1.3%. Taiwan Semiconductor Manufacturing's payout ratio is presently 29.42%.

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.