RWQ Financial Management Services Inc. Reduces Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• RWQ Financial Management Services Inc. reduced its holdings in Taiwan Semiconductor Manufacturing Company Ltd. by 13%, now owning 40,461 shares worth approximately $9.16 million.
• Recently, several analysts have upgraded Taiwan Semiconductor Manufacturing's ratings, with Barclays raising its price target from $330.00 to $355.00, emphasizing a positive outlook for the company.
• The company announced a quarterly dividend increase to $0.8348 per share, marking a boost from the previous dividend and reflecting a payout ratio of 29.65%.

RWQ Financial Management Services Inc. decreased its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 13.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,461 shares of the semiconductor company's stock after selling 6,070 shares during the quarter. Taiwan Semiconductor Manufacturing comprises about 3.9% of RWQ Financial Management Services Inc.'s investment portfolio, making the stock its 13th biggest position. RWQ Financial Management Services Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $9,164,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. 1248 Management LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the first quarter worth $28,000. Graybill Wealth Management LTD. acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the first quarter worth $33,000. Vision Financial Markets LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the first quarter worth $33,000. Keener Financial Planning LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the first quarter worth $39,000. Finally, Hemington Wealth Management boosted 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 worth $41,000 after purchasing an additional 111 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "strong-buy" rating in a report on Saturday. Barclays boosted their price target on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an "overweight" rating in a research report on Friday. Weiss Ratings reissued a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 8th. Susquehanna increased their target price on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a "positive" rating in a research report on Friday, October 10th. Finally, Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $371.67.

Taiwan Semiconductor Manufacturing Trading Down 1.5%

Shares of TSM opened at $295.37 on Friday. The stock's 50-day moving average is $262.16 and its two-hundred day moving average is $221.64. The stock has a market cap of $1.53 trillion, a PE ratio of 30.29, a P/E/G ratio of 1.43 and a beta of 1.28. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $311.37. 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 (NYSE:TSM - Get Free Report) last issued its quarterly earnings data on Thursday, October 16th. The semiconductor company reported $2.92 EPS for the quarter, topping analysts' consensus estimates of $2.59 by $0.33. The company had revenue of $32.36 billion for the quarter, compared to analysts' expectations 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 quarterly revenue was up 40.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.94 earnings per share. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. Equities analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share 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 paid a dividend of $0.8348 per share. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's payout ratio is presently 29.65%.

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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