Stony Point Capital LLC Makes New Investment in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Stony Point Capital LLC has acquired approximately $16.15 million worth of shares in Taiwan Semiconductor Manufacturing Company, representing 1.7% of its investment portfolio.
• Several large investors, including Goldman Sachs and Nuveen LLC, significantly increased their holdings in Taiwan Semiconductor Manufacturing during the first quarter.
• Taiwan Semiconductor Manufacturing recently beat earnings estimates, reporting $30.07 billion in revenue and a net margin of 42.91% for the quarter, leading to a positive outlook from analysts.

Stony Point Capital LLC acquired a new position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The firm acquired 97,289 shares of the semiconductor company's stock, valued at approximately $16,150,000. Taiwan Semiconductor Manufacturing accounts for 1.7% of Stony Point Capital LLC's investment portfolio, making the stock its 25th biggest holding.

A number of other large investors also recently modified their holdings of TSM. Goldman Sachs Group Inc. raised its holdings in shares of 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 worth $2,872,814,000 after purchasing an additional 6,180,445 shares during the period. Nuveen LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter valued at about $482,676,000. Jennison Associates LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 36.8% during 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 buying an additional 2,559,512 shares during the period. Sarasin & Partners LLP purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter valued at about $362,773,000. Finally, Price T Rowe Associates Inc. MD raised its holdings in shares of Taiwan Semiconductor Manufacturing by 19.1% during 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 buying an additional 1,984,835 shares during the period. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TSM has been the topic of several analyst reports. Needham & Company LLC reiterated a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Susquehanna raised their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a report on Monday, July 14th. Wall Street Zen downgraded Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a report on Saturday, August 23rd. Barclays reiterated an "overweight" rating and set a $240.00 target price (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 3rd. Finally, Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of "Buy" and a consensus price target of $258.33.

Taiwan Semiconductor Manufacturing Price Performance

TSM stock opened at $238.42 on Friday. 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. The stock's 50 day moving average is $234.47 and its two-hundred day moving average is $199.68. The company has a market capitalization of $1.24 trillion, a PE ratio of 27.19, a P/E/G ratio of 1.14 and a beta of 1.19.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.13 by $0.34. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The company had revenue of $30.07 billion for the quarter, compared to the consensus estimate of $28.50 billion. During the same period in the previous year, the business earned $1.48 EPS. Taiwan Semiconductor Manufacturing's revenue for the quarter was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. 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 company also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be given a $0.8348 dividend. This represents a $3.34 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Thursday, December 11th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's payout ratio is 28.16%.

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.

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