New Century Financial Group LLC Sells 2,043 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• New Century Financial Group LLC reduced its holdings in Taiwan Semiconductor Manufacturing Company (TSM) by 65.2% during Q2, selling 2,043 shares and bringing their total to 1,089 shares valued at approximately $247,000.
• Analysts have upgraded the stock's rating, with several firms including Barclays raising their target price to $325, indicating strong market confidence in the company's future performance.
• Taiwan Semiconductor Manufacturing has declared a quarterly dividend of $0.8348, with an annualized amount of $3.34, reflecting a 1.2% dividend yield and an increase from the previous quarterly dividend.

New Century Financial Group LLC cut its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 65.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,089 shares of the semiconductor company's stock after selling 2,043 shares during the period. New Century Financial Group LLC's holdings in Taiwan Semiconductor Manufacturing were worth $247,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in TSM. City Holding Co. lifted its position in Taiwan Semiconductor Manufacturing by 238.0% during the 1st quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock worth $28,000 after buying an additional 119 shares in the last quarter. 1248 Management LLC acquired a new position in Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $28,000. Signature Resources Capital Management LLC grew its stake in Taiwan Semiconductor Manufacturing by 138.8% in the first 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. acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth approximately $33,000. Finally, Vision Financial Markets LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at approximately $33,000. Institutional investors and hedge funds own 16.51% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have 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. Needham & Company LLC reaffirmed a "buy" rating and issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. 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. Finally, Susquehanna boosted their price target on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $286.67.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock opened at $288.24 on Friday. The company has a market capitalization of $1.49 trillion, a price-to-earnings ratio of 32.87, a PEG ratio of 1.37 and a beta of 1.28. 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 $296.72. The stock's 50 day moving average is $249.40 and its 200-day moving average is $212.21.

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 (EPS) 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 the consensus estimate of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The firm's quarterly revenue was up 44.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Equities research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be paid a $0.8348 dividend. This represents a $3.34 annualized dividend and a dividend yield of 1.2%. This is an increase 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 is presently 29.42%.

About Taiwan Semiconductor Manufacturing

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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