SeaCrest Wealth Management LLC Acquires 1,665 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• SeaCrest Wealth Management LLC increased its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 8.2% in the second quarter, now holding approximately $4.98 million worth of shares.
• The company reported $2.47 earnings per share for the last quarter, exceeding analysts' expectations, with revenue up 44.4% year-over-year.
• Taiwan Semiconductor Manufacturing announced an increase in its quarterly dividend from $0.65 to $0.8348, reflecting a commitment to returning value to shareholders.

SeaCrest Wealth Management LLC boosted its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 8.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,991 shares of the semiconductor company's stock after buying an additional 1,665 shares during the quarter. Taiwan Semiconductor Manufacturing makes up approximately 0.5% of SeaCrest Wealth Management LLC's portfolio, making the stock its 25th biggest position. SeaCrest Wealth Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $4,981,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. City Holding Co. grew its stake in shares of Taiwan Semiconductor Manufacturing by 238.0% in the first quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock worth $28,000 after acquiring an additional 119 shares during the last quarter. 1248 Management LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the first quarter valued at about $28,000. Signature Resources Capital Management LLC raised its position in Taiwan Semiconductor Manufacturing by 138.8% during the first quarter. Signature Resources Capital Management LLC now owns 191 shares of the semiconductor company's stock valued at $32,000 after acquiring an additional 111 shares in the last quarter. Graybill Wealth Management LTD. acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter worth approximately $33,000. Finally, Vision Financial Markets LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at $33,000. Institutional investors own 16.51% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on TSM shares. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Needham & Company LLC reaffirmed 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 raised their price objective on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a report on Monday, July 14th. Finally, Barclays increased their target price on Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an "overweight" rating in a research note on Tuesday, September 16th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of "Buy" and an average target price of $286.67.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE TSM traded up $9.23 during mid-day trading on Tuesday, hitting $281.86. 10,064,842 shares of the stock were exchanged, compared to its average volume of 14,605,105. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $286.00. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37. The stock's fifty day simple moving average is $242.83 and its two-hundred day simple moving average is $206.76. The company has a market cap of $1.46 trillion, a P/E ratio of 32.09, a PEG ratio of 1.26 and a beta of 1.23.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share 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 company had revenue of $30.07 billion for the quarter, compared to analysts' expectations of $28.50 billion. During the same period last year, the firm posted $1.48 earnings per share. The business's quarterly revenue was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, 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 declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be paid a $0.8348 dividend. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date is Thursday, December 11th. This represents a $3.34 dividend on an annualized basis and a yield of 1.2%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 29.42%.

Taiwan Semiconductor Manufacturing 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.