Taiwan Semiconductor Manufacturing Company Ltd. $TSM is Raub Brock Capital Management LP's 2nd Largest Position

Key Points

• Raub Brock Capital Management LP has reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 4.3%, now holding approximately 106,383 shares, which constitutes 5.3% of its total portfolio.
• Taiwan Semiconductor Manufacturing recently reported quarterly earnings of $2.47 per share, surpassing estimates, with revenue climbing to $30.07 billion, indicating a 44.4% year-over-year increase.
• The company declared an increased quarterly dividend of $0.8348 per share, representing a significant boost from its previous quarterly amount, now yielding approximately 1.1% annually.

Raub Brock Capital Management LP trimmed its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 4.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,383 shares of the semiconductor company's stock after selling 4,761 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 5.3% of Raub Brock Capital Management LP's portfolio, making the stock its 2nd biggest holding. Raub Brock Capital Management LP's holdings in Taiwan Semiconductor Manufacturing were worth $24,095,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. City Holding Co. grew its stake in Taiwan Semiconductor Manufacturing by 238.0% in the 1st quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 119 shares during the period. 1248 Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 1st quarter valued at $28,000. Signature Resources Capital Management LLC grew its stake in Taiwan Semiconductor Manufacturing by 138.8% in the 1st 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 during the period. Graybill Wealth Management LTD. acquired a new stake in Taiwan Semiconductor Manufacturing in the 1st quarter valued at $33,000. Finally, Vision Financial Markets LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 1st quarter valued at $33,000. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Trading Down 2.7%

Shares of TSM opened at $294.18 on Wednesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $134.25 and a 52-week high of $307.30. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. The firm's fifty day moving average is $252.59 and its two-hundred day moving average is $214.99. The stock has a market cap of $1.53 trillion, a PE ratio of 33.54, a price-to-earnings-growth ratio of 1.44 and a beta of 1.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 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 business had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. During the same quarter in the previous year, the firm earned $1.48 EPS. The company'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. 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 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. The ex-dividend date is Thursday, December 11th. 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. Taiwan Semiconductor Manufacturing's payout ratio is presently 29.65%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on TSM shares. Susquehanna lifted their price target on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research note on Monday, July 14th. Needham & Company LLC reaffirmed a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Saturday, September 27th. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. Finally, Itau BBA Securities began coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday. They set an "outperform" rating on the stock. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $286.67.

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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