Phoenix Financial Ltd. Boosts Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Phoenix Financial Ltd. increased its stake in Taiwan Semiconductor Manufacturing Company by 4.3% in the second quarter, owning 465,350 shares valued at approximately $105.5 million.
• Taiwan Semiconductor achieved a quarterly earnings per share of $2.92, surpassing analysts' expectations, with a revenue of $32.36 billion, reflecting a 40.1% increase from the previous year.
• The company announced a dividend increase to $0.8348 per share, set for payment on January 8, representing a 1.1% dividend yield.

Phoenix Financial Ltd. grew its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 4.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 465,350 shares of the semiconductor company's stock after purchasing an additional 19,272 shares during the period. Taiwan Semiconductor Manufacturing makes up about 1.4% of Phoenix Financial Ltd.'s portfolio, making the stock its 22nd biggest holding. Phoenix Financial Ltd.'s holdings in Taiwan Semiconductor Manufacturing were worth $105,464,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. 1248 Management LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter valued at $28,000. Graybill Wealth Management LTD. purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter valued at $33,000. Vision Financial Markets LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter valued at $33,000. Keener Financial Planning LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter valued at $39,000. Finally, Hemington Wealth Management lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 78.2% during the 1st quarter. Hemington Wealth Management now owns 253 shares of the semiconductor company's stock valued at $41,000 after purchasing an additional 111 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM opened at $297.92 on Tuesday. The business's 50-day moving average is $263.28 and its two-hundred day moving average is $223.51. The company has a market capitalization of $1.55 trillion, a P/E ratio of 30.56, a P/E/G ratio of 1.02 and a beta of 1.28. 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 fifty-two week low of $134.25 and a fifty-two week high of $311.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings results on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.33. The company had revenue of $32.36 billion for the quarter, compared to the consensus estimate of $951.89 billion. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The firm's revenue for the quarter was up 40.1% compared to the same quarter last year. During the same period last year, the firm earned $1.94 EPS. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. Research analysts predict 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. Stockholders of record on Thursday, December 11th will be given a dividend of $0.8348 per share. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date is Thursday, December 11th. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing's payout ratio is 26.67%.

Analyst Ratings Changes

Several analysts have recently commented on the company. Itau BBA Securities assumed coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, October 7th. They set an "outperform" rating for the company. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday. Weiss Ratings restated a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 8th. Needham & Company LLC raised their target price on Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the stock a "buy" rating in a research note on Thursday, October 16th. Finally, Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $371.67.

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.

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