PICTET BANK & TRUST Ltd Sells 2,960 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• PICTET BANK & TRUST Ltd reduced its holdings in Taiwan Semiconductor Manufacturing Company by 26.6%, selling 2,960 shares and now owning 8,160 shares valued at approximately $1.85 million.
• Taiwan Semiconductor Manufacturing recently reported a 44.4% year-over-year increase in revenue, with EPS of $2.47 beating estimates, and has set a quarterly dividend of $0.8348, up from $0.65.
• Equities analysts are bullish on the company, with a consensus rating of "Buy" and an average target price of $286.67.

PICTET BANK & TRUST Ltd decreased its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 26.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,160 shares of the semiconductor company's stock after selling 2,960 shares during the quarter. Taiwan Semiconductor Manufacturing comprises approximately 2.2% of PICTET BANK & TRUST Ltd's investment portfolio, making the stock its 19th largest position. PICTET BANK & TRUST Ltd's holdings in Taiwan Semiconductor Manufacturing were worth $1,848,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in TSM. City Holding Co. grew its position in shares of 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 during the period. 1248 Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 1st quarter valued at $28,000. Signature Resources Capital Management LLC grew its position 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 valued at $32,000 after purchasing an additional 111 shares during the period. Graybill Wealth Management LTD. acquired a new stake in Taiwan Semiconductor Manufacturing in the 1st quarter valued at $33,000. Finally, Vision Financial Markets LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 1st quarter worth $33,000. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock opened at $272.75 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $276.36. The stock has a market cap of $1.41 trillion, a PE ratio of 31.10, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23. 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 company's fifty day moving average price is $242.83 and its 200-day moving average price is $206.76.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.13 by $0.34. The firm 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 company's revenue was up 44.4% on a year-over-year basis. During the same period last year, the company earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, 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 disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be issued a dividend of $0.8348 per share. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. 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%. Taiwan Semiconductor Manufacturing's payout ratio is 29.42%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on TSM shares. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. Barclays lifted 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. Susquehanna lifted 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. Finally, Needham & Company LLC restated a "buy" rating and issued a $270.00 price objective 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, the company has a consensus rating of "Buy" and an average target price of $286.67.

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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