Princeton Global Asset Management LLC Has $22.72 Million Stock Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Princeton Global Asset Management LLC has reduced its stake in Taiwan Semiconductor Manufacturing Company (TSM) by 2.8%, holding 100,329 shares worth approximately $22.72 million. TSM comprises about 4.1% of the firm's investment portfolio, making it the third largest holding.
• Several analysts have raised their price targets for TSM, with Barclays increasing it to $355 and Susquehanna to $400, indicating a generally optimistic outlook for the company.
• Taiwan Semiconductor Manufacturing recently announced a quarterly dividend increase to $0.8348 per share, reflecting a commitment to returning value to shareholders, as the dividend yield is now at 1.1%.

Princeton Global Asset Management LLC reduced its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 2.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 100,329 shares of the semiconductor company's stock after selling 2,907 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 4.1% of Princeton Global Asset Management LLC's investment portfolio, making the stock its 3rd biggest holding. Princeton Global Asset Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $22,724,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. 1248 Management LLC bought a new stake in Taiwan Semiconductor Manufacturing in the first quarter valued at about $28,000. Graybill Wealth Management LTD. bought a new position in shares of Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $33,000. Vision Financial Markets LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $33,000. Keener Financial Planning LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $39,000. Finally, Hemington Wealth Management grew its holdings in shares of Taiwan Semiconductor Manufacturing by 78.2% during the first 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. 16.51% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on TSM shares. Barclays upped their target price on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an "overweight" rating in a report on Friday. Susquehanna increased their price objective on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a "positive" rating in a report on Friday, October 10th. Needham & Company LLC increased their price objective on Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the stock a "buy" rating in a report on Thursday. Itau BBA Securities started coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, October 7th. They issued an "outperform" rating for the company. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $371.67.

Taiwan Semiconductor Manufacturing Stock Performance

TSM opened at $295.37 on Monday. The company has a market capitalization of $1.53 trillion, a price-to-earnings ratio of 30.29, a price-to-earnings-growth ratio of 1.02 and a beta of 1.28. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $134.25 and a 1-year high of $311.37. The business has a 50 day moving average price of $262.16 and a two-hundred day moving average price of $222.45.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Thursday, October 16th. The semiconductor company reported $2.92 EPS for the quarter, beating analysts' consensus estimates of $2.59 by $0.33. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The company had revenue of $32.36 billion during the quarter, compared to the consensus estimate of $951.89 billion. During the same quarter in the prior year, the firm earned $1.94 EPS. The company's quarterly revenue was up 40.1% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. Research analysts predict 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. 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 currently 26.67%.

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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