Davidson Investment Advisors boosted its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 19.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 216,669 shares of the semiconductor company's stock after buying an additional 35,637 shares during the period. Taiwan Semiconductor Manufacturing makes up approximately 2.2% of Davidson Investment Advisors' investment portfolio, making the stock its 7th largest holding. Davidson Investment Advisors' holdings in Taiwan Semiconductor Manufacturing were worth $49,073,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 20.9% during the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock worth $2,159,000 after purchasing an additional 1,892 shares during the last quarter. GAMMA Investing LLC grew its position in Taiwan Semiconductor Manufacturing by 7.0% during the 1st quarter. GAMMA Investing LLC now owns 9,103 shares of the semiconductor company's stock worth $1,511,000 after purchasing an additional 594 shares during the period. Sound Income Strategies LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 38.8% in the 1st quarter. Sound Income Strategies LLC now owns 1,235 shares of the semiconductor company's stock valued at $205,000 after buying an additional 345 shares during the period. Keystone Wealth Services LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 58.9% in the 1st quarter. Keystone Wealth Services LLC now owns 1,808 shares of the semiconductor company's stock valued at $300,000 after buying an additional 670 shares during the period. Finally, Mission Wealth Management LP boosted its stake in shares of Taiwan Semiconductor Manufacturing by 63.4% in the first quarter. Mission Wealth Management LP now owns 9,820 shares of the semiconductor company's stock worth $1,630,000 after buying an additional 3,810 shares during the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.
Taiwan Semiconductor Manufacturing Stock Performance
NYSE:TSM opened at $295.62 on Wednesday. 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 has a market capitalization of $1.53 trillion, a PE ratio of 33.71, a P/E/G ratio of 1.45 and a beta of 1.28. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $134.25 and a fifty-two week high of $307.30. The company has a fifty day moving average of $258.46 and a two-hundred day moving average of $219.25.
Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.13 by $0.34. The business had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The company's revenue for the quarter was up 44.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, research 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 announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders 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 is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing's payout ratio is currently 29.65%.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on TSM shares. Weiss Ratings reiterated a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 8th. Susquehanna lifted their target price on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a "positive" rating in a report on Friday. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. Barclays raised their price target on shares of Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the company an "overweight" rating in a research report on Thursday, October 9th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Taiwan Semiconductor Manufacturing currently has an average rating of "Moderate Buy" and an average price target of $333.33.
Check Out Our Latest Analysis on Taiwan Semiconductor Manufacturing
About Taiwan Semiconductor Manufacturing
(
Free Report)
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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