Taiwan Semiconductor Manufacturing Company Ltd. $TSM Position Boosted by Beacon Investment Advisory Services Inc.

Key Points

• Beacon Investment Advisory Services Inc. increased its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (TSM) by 7.0%, owning 46,156 shares valued at approximately $10.45 million.
• Wall Street analysts have raised their price targets for TSM, with Barclays increasing its target from $275 to $325 and maintaining an "overweight" rating, while the consensus rating remains a "Buy" with a target price of $286.67.
• Taiwan Semiconductor has announced a quarterly dividend increase to $0.8348 per share, up from the previous $0.65, resulting in an annualized yield of 1.2%.

Beacon Investment Advisory Services Inc. grew its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 7.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,156 shares of the semiconductor company's stock after purchasing an additional 3,030 shares during the period. Beacon Investment Advisory Services Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $10,454,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. DekaBank Deutsche Girozentrale lifted its stake in Taiwan Semiconductor Manufacturing by 0.9% during the first quarter. DekaBank Deutsche Girozentrale now owns 1,339,479 shares of the semiconductor company's stock valued at $214,442,000 after buying an additional 11,693 shares in the last quarter. Quantbot Technologies LP lifted its stake in Taiwan Semiconductor Manufacturing by 452.2% during the first quarter. Quantbot Technologies LP now owns 47,425 shares of the semiconductor company's stock valued at $7,873,000 after buying an additional 38,837 shares in the last quarter. Duquesne Family Office LLC lifted its stake in Taiwan Semiconductor Manufacturing by 456.9% during the first quarter. Duquesne Family Office LLC now owns 598,780 shares of the semiconductor company's stock valued at $99,397,000 after buying an additional 491,265 shares in the last quarter. RFG Holdings Inc. lifted its stake in Taiwan Semiconductor Manufacturing by 66.1% during the second quarter. RFG Holdings Inc. now owns 3,898 shares of the semiconductor company's stock valued at $883,000 after buying an additional 1,551 shares in the last quarter. Finally, Sentry LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the first quarter valued at about $222,000. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on TSM shares. Barclays upped their price objective on shares of Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an "overweight" rating in a research note on Tuesday, September 16th. Susquehanna upped their price objective 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 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Finally, Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of "Buy" and a consensus target price of $286.67.

Taiwan Semiconductor Manufacturing Trading Down 0.6%

NYSE TSM opened at $281.08 on Thursday. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $134.25 and a 1-year high of $286.00. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $1.46 trillion, a PE ratio of 32.05, a price-to-earnings-growth ratio of 1.34 and a beta of 1.23. The firm's fifty day simple moving average is $244.61 and its 200-day simple moving average is $207.80.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted 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. The business had revenue of $30.07 billion for the quarter, compared to the consensus estimate of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. Taiwan Semiconductor Manufacturing's revenue for the quarter was up 44.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be given a dividend of $0.8348 per share. The ex-dividend date of this dividend is Thursday, December 11th. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 annualized dividend and a yield of 1.2%. Taiwan Semiconductor Manufacturing's payout ratio is 29.99%.

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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