Sequoia Financial Advisors LLC Purchases 7,463 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Sequoia Financial Advisors LLC increased its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 15.2%, acquiring an additional 7,463 shares, bringing their total holdings to 56,603 shares valued at approximately $12.82 million.
• Research analysts have set new price targets for Taiwan Semiconductor Manufacturing, with Barclays raising theirs from $325.00 to $330.00 and Susquehanna from $300.00 to $400.00, indicating a consensus target price of $333.33.
• The company recently announced a dividend increase to $0.8348 per share, with a dividend yield of 1.1%, reflecting a positive change from their previous dividend of $0.65.

Sequoia Financial Advisors LLC lifted its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 15.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 56,603 shares of the semiconductor company's stock after acquiring an additional 7,463 shares during the quarter. Sequoia Financial Advisors LLC's holdings in Taiwan Semiconductor Manufacturing were worth $12,820,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in TSM. 1248 Management LLC bought a new position in Taiwan Semiconductor Manufacturing in the 1st quarter worth about $28,000. Graybill Wealth Management LTD. bought a new position in Taiwan Semiconductor Manufacturing in the 1st quarter worth about $33,000. Vision Financial Markets LLC bought a new position in Taiwan Semiconductor Manufacturing in the 1st quarter worth about $33,000. Keener Financial Planning LLC bought a new position in Taiwan Semiconductor Manufacturing in the 1st quarter worth about $39,000. Finally, Hemington Wealth Management boosted its stake in Taiwan Semiconductor Manufacturing by 78.2% in the 1st 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 period. Institutional investors own 16.51% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on TSM shares. Itau BBA Securities started coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, October 7th. They issued an "outperform" rating for the company. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Barclays lifted their price target on Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the company an "overweight" rating in a research report on Thursday. Susquehanna lifted their price target on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a "positive" rating in a research report on Friday. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 8th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $333.33.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM opened at $303.14 on Tuesday. The company has a market cap of $1.57 trillion, a PE ratio of 34.57, a price-to-earnings-growth ratio of 1.34 and a beta of 1.28. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $134.25 and a 12-month high of $307.30. The stock has a 50-day moving average price of $257.20 and a 200-day moving average price of $218.72.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, beating analysts' consensus estimates of $2.13 by $0.34. The company had revenue of $30.07 billion for the quarter, compared to analysts' expectations of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.Taiwan Semiconductor Manufacturing's revenue for the quarter was up 44.4% compared to the same quarter last year. During the same period last year, the firm posted $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, 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 company 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 dividend of $0.8348 per share. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.1%. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's payout ratio is 29.65%.

About Taiwan Semiconductor Manufacturing

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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