Schwartz Investment Counsel Inc. Sells 164,900 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Schwartz Investment Counsel Inc. has reduced its stake in Taiwan Semiconductor Manufacturing Company (TSM) by 53.3%, selling 164,900 shares during the second quarter.
• The company's recent quarterly earnings report showed earnings per share of $2.92, exceeding consensus estimates, and revenue increased by 40.1% compared to the same period last year.
• Taiwan Semiconductor recently increased its quarterly dividend from $0.65 to $0.8348 per share, reflecting a dividend yield of 1.1% for shareholders.

Schwartz Investment Counsel Inc. reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 53.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 144,350 shares of the semiconductor company's stock after selling 164,900 shares during the period. Schwartz Investment Counsel Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $32,694,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. 1248 Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at approximately $28,000. Graybill Wealth Management LTD. bought a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at approximately $33,000. Vision Financial Markets LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at approximately $33,000. Mid American Wealth Advisory Group Inc. bought a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $33,000. Finally, Keener Financial Planning LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at approximately $39,000. 16.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday. Needham & Company LLC boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the company a "buy" rating in a research report on Thursday, October 16th. Itau BBA Securities started coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They set an "outperform" rating for the company. Barclays boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an "overweight" rating in a research report on Friday. Finally, Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing has a consensus rating of "Moderate Buy" and a consensus price target of $371.67.

Taiwan Semiconductor Manufacturing Stock Up 1.0%

Shares of NYSE:TSM opened at $297.92 on Tuesday. The company has a fifty day moving average of $263.28 and a 200-day moving average of $223.51. The company has a market capitalization of $1.55 trillion, a PE ratio of 30.56, a price-to-earnings-growth ratio of 1.02 and a beta of 1.28. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $134.25 and a 52-week high of $311.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings results on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.33. The company had revenue of $32.36 billion during the quarter, compared to the consensus estimate of $951.89 billion. Taiwan Semiconductor Manufacturing had a net margin of 43.72% and a return on equity of 36.06%. The company's revenue for the quarter was up 40.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.94 earnings per share. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. On average, equities analysts predict 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 declared a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be issued a dividend of $0.8348 per share. This represents a $3.34 annualized dividend and a dividend yield of 1.1%. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 26.67%.

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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