Sassicaia Capital Advisers LLC Buys Shares of 6,392 Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Sassicaia Capital Advisers LLC has acquired a new stake in Taiwan Semiconductor Manufacturing Company (TSMC), purchasing 6,392 shares valued at approximately $1,061,000.
• TSMC declared a quarterly dividend of $0.8348, reflecting an increase from its previous dividend of $0.65, with a yield of 1.4% and a payout ratio of 28.16%.
• Analysts maintain a positive outlook for TSMC, with recent price target adjustments resulting in an average target of $258.33 and multiple "buy" ratings from firms like Citigroup and Needham & Company.

Sassicaia Capital Advisers LLC acquired a new stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 6,392 shares of the semiconductor company's stock, valued at approximately $1,061,000. Taiwan Semiconductor Manufacturing comprises approximately 3.8% of Sassicaia Capital Advisers LLC's investment portfolio, making the stock its 7th biggest holding.

Several other institutional investors have also recently bought and sold shares of the business. Goldman Sachs Group Inc. raised its position in Taiwan Semiconductor Manufacturing by 55.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 17,306,108 shares of the semiconductor company's stock valued at $2,872,814,000 after purchasing an additional 6,180,445 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in Taiwan Semiconductor Manufacturing by 19.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,350,239 shares of the semiconductor company's stock valued at $2,050,141,000 after purchasing an additional 1,984,835 shares during the last quarter. WCM Investment Management LLC raised its position in Taiwan Semiconductor Manufacturing by 0.6% in the 1st quarter. WCM Investment Management LLC now owns 9,734,044 shares of the semiconductor company's stock valued at $1,608,551,000 after purchasing an additional 59,079 shares during the last quarter. Jennison Associates LLC raised its position in Taiwan Semiconductor Manufacturing by 36.8% in the 1st quarter. Jennison Associates LLC now owns 9,509,032 shares of the semiconductor company's stock valued at $1,578,499,000 after purchasing an additional 2,559,512 shares during the last quarter. Finally, Janus Henderson Group PLC raised its position in Taiwan Semiconductor Manufacturing by 13.8% in the 4th quarter. Janus Henderson Group PLC now owns 7,381,233 shares of the semiconductor company's stock valued at $1,457,912,000 after purchasing an additional 895,379 shares during the last quarter. Institutional investors own 16.51% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on TSM shares. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday. Needham & Company LLC restated a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Susquehanna boosted their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Finally, Barclays restated an "overweight" rating and set a $240.00 target price (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing has a consensus rating of "Buy" and an average target price of $258.33.

Taiwan Semiconductor Manufacturing Trading Down 3.0%

NYSE TSM traded down $7.26 on Friday, reaching $231.01. The company had a trading volume of 15,511,696 shares, compared to its average volume of 10,307,398. The stock's 50 day moving average is $234.90 and its 200-day moving average is $199.77. The stock has a market cap of $1.20 trillion, a price-to-earnings ratio of 26.34, a PEG ratio of 1.10 and a beta of 1.23. 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 $248.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, beating analysts' consensus estimates of $2.13 by $0.34. The business had revenue of $30.07 billion during the quarter, compared to the consensus estimate 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 revenue was up 44.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Equities analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be issued a $0.8348 dividend. 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 yield of 1.4%. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 28.16%.

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.