Ninety One UK Ltd Boosts Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Ninety One UK Ltd increased its stake in Taiwan Semiconductor Manufacturing Company by 1.2%, owning 2,005,767 shares valued at approximately $454.3 million.
• Taiwan Semiconductor Manufacturing Company reported a quarterly earnings per share of $2.47, exceeding expectations and marking a 44.4% year-over-year revenue growth to $30.07 billion.
• The company has announced a quarterly dividend of $0.8348, an increase from the previous dividend, representing an annualized yield of 1.2%.

Ninety One UK Ltd increased its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 1.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,005,767 shares of the semiconductor company's stock after buying an additional 24,746 shares during the quarter. Taiwan Semiconductor Manufacturing comprises approximately 1.1% of Ninety One UK Ltd's investment portfolio, making the stock its 27th biggest holding. Ninety One UK Ltd's holdings in Taiwan Semiconductor Manufacturing were worth $454,286,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. City Holding Co. raised its stake in shares of Taiwan Semiconductor Manufacturing by 238.0% in the first quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 119 shares during the last quarter. 1248 Management LLC acquired a new position in Taiwan Semiconductor Manufacturing in the 1st quarter worth approximately $28,000. Signature Resources Capital Management LLC increased its holdings in Taiwan Semiconductor Manufacturing by 138.8% in the 1st quarter. Signature Resources Capital Management LLC now owns 191 shares of the semiconductor company's stock worth $32,000 after buying an additional 111 shares during the period. Graybill Wealth Management LTD. purchased a new position in Taiwan Semiconductor Manufacturing during the 1st quarter worth approximately $33,000. Finally, Vision Financial Markets LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the 1st quarter valued at approximately $33,000. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Price Performance

NYSE:TSM opened at $279.13 on Wednesday. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $134.25 and a 52 week high of $286.00. The stock's 50-day moving average price is $247.50 and its 200-day moving average price is $210.90. The stock has a market capitalization of $1.45 trillion, a PE ratio of 31.83, a price-to-earnings-growth ratio of 1.30 and a beta of 1.23.

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 analysts' consensus estimates of $2.13 by $0.34. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The company had revenue of $30.07 billion during the quarter, compared to analysts' expectations of $28.50 billion. During the same quarter in the prior year, the firm posted $1.48 EPS. Taiwan Semiconductor Manufacturing's quarterly revenue 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 analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal 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. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $3.34 dividend on an annualized basis and a yield of 1.2%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's dividend payout ratio is 29.99%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Barclays increased their price objective on shares of Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 16th. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Needham & Company LLC reiterated a "buy" rating and set a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Finally, Susquehanna upped their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research note on Monday, July 14th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus 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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