Parkwood LLC Purchases Shares of 141,717 Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Parkwood LLC invested approximately $23.53 million in Taiwan Semiconductor Manufacturing Company, acquiring 141,717 shares, making it the firm's 11th largest investment, accounting for about 2.1% of their portfolio.
• The semiconductor company reported earnings of $2.47 per share for the last quarter, surpassing estimates while generating revenue of $30.07 billion, a 44.4% increase year-over-year.
• Taiwan Semiconductor Manufacturing announced a new quarterly dividend of $0.8348 per share, up from $0.65, reflecting a dividend yield of 1.4% and a payout ratio of 28.16%.

Parkwood LLC bought a new position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 141,717 shares of the semiconductor company's stock, valued at approximately $23,525,000. Taiwan Semiconductor Manufacturing makes up approximately 2.1% of Parkwood LLC's investment portfolio, making the stock its 11th largest holding.

A number of other institutional investors have also made changes to their positions in TSM. Brighton Jones LLC raised its holdings in Taiwan Semiconductor Manufacturing by 20.9% in the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock valued at $2,159,000 after acquiring an additional 1,892 shares in the last quarter. CoreCap Advisors LLC raised its holdings in Taiwan Semiconductor Manufacturing by 21.3% in the fourth quarter. CoreCap Advisors LLC now owns 3,683 shares of the semiconductor company's stock valued at $727,000 after acquiring an additional 646 shares in the last quarter. First Manhattan CO. LLC. raised its holdings in Taiwan Semiconductor Manufacturing by 50.0% in the fourth quarter. First Manhattan CO. LLC. now owns 35,793 shares of the semiconductor company's stock valued at $7,091,000 after acquiring an additional 11,926 shares in the last quarter. Fiduciary Trust Co raised its holdings in Taiwan Semiconductor Manufacturing by 6.5% in the fourth quarter. Fiduciary Trust Co now owns 4,428 shares of the semiconductor company's stock valued at $874,000 after acquiring an additional 271 shares in the last quarter. Finally, Eschler Asset Management LLP acquired a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter valued at $789,000. 16.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on TSM shares. Barclays reaffirmed an "overweight" rating and issued a $240.00 price target (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 3rd. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Susquehanna increased their target price on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a report on Monday, July 14th. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Finally, Needham & Company LLC reissued a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $258.33.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of Taiwan Semiconductor Manufacturing stock traded up $7.81 during trading on Friday, hitting $243.02. 14,039,042 shares of the stock were exchanged, compared to its average volume of 9,579,977. The stock's fifty day moving average is $236.17 and its 200 day moving average is $200.88. The stock has a market cap of $1.26 trillion, a PE ratio of 27.71, a P/E/G ratio of 1.16 and a beta of 1.23. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $248.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.13 by $0.34. The business 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 company's quarterly revenue was up 44.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business 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 $0.8348 dividend. The ex-dividend date is Thursday, December 11th. This represents a $3.34 dividend on an annualized basis and a yield of 1.4%. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's payout ratio is currently 28.16%.

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.