Sagespring Wealth Partners LLC Increases Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Sagespring Wealth Partners LLC increased its stake in Taiwan Semiconductor Manufacturing Company (TSM) by 60.6% during the second quarter, now holding 18,664 shares valued at approximately $4.23 million.
• The company announced a quarterly dividend of $0.8348 per share, an increase from its previous dividend of $0.65, representing a yield of 1.1%.
• Analysts have shown optimism towards TSM, with an upgrade from a "hold" to a "buy" rating, and several price targets significantly above the current trading price, indicating an average target of $333.33.

Sagespring Wealth Partners LLC boosted its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 60.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 18,664 shares of the semiconductor company's stock after purchasing an additional 7,040 shares during the quarter. Sagespring Wealth Partners LLC's holdings in Taiwan Semiconductor Manufacturing were worth $4,227,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. DekaBank Deutsche Girozentrale boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 0.9% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 1,339,479 shares of the semiconductor company's stock valued at $214,442,000 after acquiring an additional 11,693 shares during the last quarter. Powers Advisory Group LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter valued at about $240,000. Hudson Edge Investment Partners Inc. boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 10.1% during the 2nd quarter. Hudson Edge Investment Partners Inc. now owns 236,503 shares of the semiconductor company's stock valued at $53,566,000 after acquiring an additional 21,648 shares during the last quarter. Quantbot Technologies LP boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 452.2% during the 1st quarter. Quantbot Technologies LP now owns 47,425 shares of the semiconductor company's stock valued at $7,873,000 after acquiring an additional 38,837 shares during the last quarter. Finally, RFG Holdings Inc. boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 66.1% during the 2nd quarter. RFG Holdings Inc. now owns 3,898 shares of the semiconductor company's stock valued at $883,000 after acquiring an additional 1,551 shares during the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on TSM shares. Weiss Ratings reissued a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, October 8th. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Itau BBA Securities started coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, October 7th. They issued an "outperform" rating on the stock. Barclays raised their price objective on shares of Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, Susquehanna raised their price objective on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a "positive" rating in a report on Friday. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $333.33.

Taiwan Semiconductor Manufacturing Trading Up 8.0%

Taiwan Semiconductor Manufacturing stock opened at $303.14 on Tuesday. The stock has a market cap of $1.57 trillion, a P/E ratio of 34.57, a PEG ratio of 1.34 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 $307.30. The firm's 50 day moving average price is $257.20 and its 200-day moving average price is $218.72.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.13 by $0.34. The firm had revenue of $30.07 billion for the quarter, compared to analysts' expectations of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The company's revenue for the quarter was up 44.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, equities analysts predict 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. Stockholders of record on Thursday, December 11th will be given a dividend of $0.8348 per share. The ex-dividend date is Thursday, December 11th. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 annualized dividend and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 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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