Norris Perne & French LLP MI Has $31.90 Million Stock Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Norris Perne & French LLP MI increased its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (TSM) by 9,149.0%, owning 140,862 shares worth approximately $31.90 million.
• The company recently reported earnings of $2.47 per share, exceeding analysts' estimates of $2.13, and generated $30.07 billion in revenue for the quarter, a 44.4% increase year-over-year.
• Taiwan Semiconductor Manufacturing has announced a dividend increase to $0.8348 per share, up from $0.65, indicating a strong financial position with a payout ratio of 29.42%.

Norris Perne & French LLP MI increased its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 9,149.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 140,862 shares of the semiconductor company's stock after buying an additional 139,339 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for about 2.2% of Norris Perne & French LLP MI's holdings, making the stock its 10th biggest holding. Norris Perne & French LLP MI's holdings in Taiwan Semiconductor Manufacturing were worth $31,904,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TSM. Brighton Jones LLC increased its holdings in Taiwan Semiconductor Manufacturing by 20.9% in the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock worth $2,159,000 after purchasing an additional 1,892 shares in the last quarter. Ables Iannone Moore & Associates Inc. acquired a new position in Taiwan Semiconductor Manufacturing in the 1st quarter worth about $327,000. Cerro Pacific Wealth Advisors LLC increased its holdings in Taiwan Semiconductor Manufacturing by 5.8% in the 1st quarter. Cerro Pacific Wealth Advisors LLC now owns 2,448 shares of the semiconductor company's stock worth $406,000 after purchasing an additional 135 shares in the last quarter. Burr Financial Services LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at about $2,767,000. Finally, Fifth Third Wealth Advisors LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 35.9% in the first quarter. Fifth Third Wealth Advisors LLC now owns 8,221 shares of the semiconductor company's stock valued at $1,365,000 after buying an additional 2,172 shares during the period. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $273.41 on Monday. 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 business's fifty day simple moving average is $245.90 and its 200 day simple moving average is $209.73. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $286.00. The firm has a market capitalization of $1.42 trillion, a P/E ratio of 31.18, 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 earnings results 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 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 business's revenue for the quarter was up 44.4% on a year-over-year basis. During the same period last year, the business posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS 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. The ex-dividend date 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 yield of 1.2%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 29.42%.

Wall Street Analyst Weigh In

TSM has been the subject of several recent research reports. Susquehanna raised 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. Barclays raised their target price on 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 note on Sunday, August 31st. Finally, 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. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $286.67.

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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