Ruffer LLP Has $29.61 Million Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Ruffer LLP has reduced its stake in Taiwan Semiconductor Manufacturing Company by 52.1%, now holding approximately $29.61 million worth of shares.
• The company recently reported an EPS of $2.47 for the last quarter, exceeding analyst expectations and showing a revenue of $30.07 billion, up 44.4% year-over-year.
• Taiwan Semiconductor Manufacturing announced an increase in its quarterly dividend to $0.8348 per share, representing an annual yield of 1.2%.

Ruffer LLP reduced its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 52.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 130,711 shares of the semiconductor company's stock after selling 142,200 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for approximately 1.3% of Ruffer LLP's holdings, making the stock its 20th biggest position. Ruffer LLP's holdings in Taiwan Semiconductor Manufacturing were worth $29,605,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 20.9% in the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock valued at $2,159,000 after buying an additional 1,892 shares in the last quarter. Forum Financial Management LP raised its stake in shares of Taiwan Semiconductor Manufacturing by 10.1% in the 4th quarter. Forum Financial Management LP now owns 1,425 shares of the semiconductor company's stock valued at $281,000 after buying an additional 131 shares in the last quarter. Park Square Financial Group LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at $41,000. Probity Advisors Inc. raised its stake in shares of Taiwan Semiconductor Manufacturing by 17.5% in the 4th quarter. Probity Advisors Inc. now owns 2,045 shares of the semiconductor company's stock valued at $404,000 after buying an additional 305 shares in the last quarter. Finally, Old North State Trust LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 14.5% in the 4th quarter. Old North State Trust LLC now owns 5,388 shares of the semiconductor company's stock valued at $1,064,000 after buying an additional 683 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Stock Down 0.6%

Shares of NYSE:TSM opened at $281.08 on Thursday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $286.00. The company's 50-day moving average price is $244.61 and its two-hundred day moving average price is $207.80. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. The firm has a market cap of $1.46 trillion, a P/E ratio of 32.05, a P/E/G ratio of 1.34 and a beta of 1.23.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, topping analysts' consensus estimates of $2.13 by $0.34. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The firm had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. During the same quarter in the prior year, the firm earned $1.48 EPS. The company's revenue was up 44.4% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, research analysts forecast 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. 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%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's payout ratio is currently 29.99%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on TSM shares. 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. Susquehanna increased their price objective on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research note 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, Barclays upped their target price on shares of Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the stock an "overweight" rating in a report on Tuesday, September 16th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and a consensus 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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