Ramirez Asset Management Inc. Purchases 25,283 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Ramirez Asset Management Inc. raised its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 14.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 196,995 shares of the semiconductor company's stock after buying an additional 25,283 shares during the period. Taiwan Semiconductor Manufacturing comprises about 6.7% of Ramirez Asset Management Inc.'s portfolio, making the stock its largest holding. Ramirez Asset Management Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $44,617,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. 1248 Management LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth approximately $28,000. Signature Resources Capital Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 138.8% during the 1st quarter. Signature Resources Capital Management LLC now owns 191 shares of the semiconductor company's stock worth $32,000 after purchasing an additional 111 shares during the last quarter. Graybill Wealth Management LTD. acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth approximately $33,000. Vision Financial Markets LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth approximately $33,000. Finally, Keener Financial Planning LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth approximately $39,000. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Weiss Ratings restated a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday. Needham & Company LLC restated a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Itau BBA Securities began coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday. They set an "outperform" rating on the stock. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Finally, Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the company an "overweight" rating in a report on Thursday. 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 MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $288.33.

Taiwan Semiconductor Manufacturing Stock Down 1.5%

Shares of NYSE TSM opened at $299.90 on Friday. The firm has a market cap of $1.56 trillion, a price-to-earnings ratio of 34.20, a PEG ratio of 1.45 and a beta of 1.28. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $134.25 and a 52-week high of $307.30. The business's 50 day moving average is $255.00 and its two-hundred day moving average is $216.42.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.13 by $0.34. The company had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The firm's quarterly revenue was up 44.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be given a $0.8348 dividend. The ex-dividend date of this dividend 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 dividend on an annualized basis and a yield of 1.1%. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 29.99%.

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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