Naples Global Advisors LLC Lowers Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Naples Global Advisors LLC reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 1.3%, owning 102,461 shares valued at approximately $23.28 million.
• Taiwan Semiconductor Manufacturing recently announced a quarterly dividend of $0.8348 per share, which represents a yield of 1.2%.
• The company's latest earnings report revealed an EPS of $2.47, exceeding analyst expectations and signaling a 44.4% increase in quarterly revenue compared to the previous year.

Naples Global Advisors LLC lowered its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 1.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,461 shares of the semiconductor company's stock after selling 1,398 shares during the period. Taiwan Semiconductor Manufacturing makes up about 2.0% of Naples Global Advisors LLC's holdings, making the stock its 5th biggest position. Naples Global Advisors LLC's holdings in Taiwan Semiconductor Manufacturing were worth $23,284,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of TSM. Alliance Wealth Advisors LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 2.4% in the 2nd quarter. Alliance Wealth Advisors LLC now owns 1,815 shares of the semiconductor company's stock worth $411,000 after purchasing an additional 43 shares during the period. Westmount Partners LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 2.2% in the 2nd quarter. Westmount Partners LLC now owns 2,126 shares of the semiconductor company's stock worth $481,000 after purchasing an additional 45 shares during the period. Mirador Capital Partners LP lifted its position in shares of Taiwan Semiconductor Manufacturing by 2.6% in the 2nd quarter. Mirador Capital Partners LP now owns 1,785 shares of the semiconductor company's stock worth $404,000 after purchasing an additional 45 shares during the period. Genesis Private Wealth LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 2.3% in the 2nd quarter. Genesis Private Wealth LLC now owns 2,168 shares of the semiconductor company's stock worth $491,000 after purchasing an additional 48 shares during the period. Finally, Leonard Rickey Investment Advisors P.L.L.C. lifted its position in Taiwan Semiconductor Manufacturing by 3.3% during the 2nd quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 1,611 shares of the semiconductor company's stock valued at $365,000 after acquiring an additional 52 shares during the period. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM opened at $288.75 on Thursday. The firm has a 50 day moving average of $248.47 and a 200 day moving average of $211.44. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 32.92, a price-to-earnings-growth ratio of 1.33 and a beta of 1.28. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $134.25 and a 12-month high of $290.48.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.13 by $0.34. The company had revenue of $30.07 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 44.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.48 earnings per share. 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 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced 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 represents a $3.34 annualized dividend and a yield of 1.2%. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 29.42%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Needham & Company LLC reaffirmed a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Susquehanna raised their target price on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research note on Monday, July 14th. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. Finally, Barclays raised 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 note on Tuesday, September 16th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $286.67.

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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