Taiwan Semiconductor Manufacturing Company Ltd. $TSM Position Boosted by First Long Island Investors LLC

Key Points

• First Long Island Investors LLC increased its holdings in Taiwan Semiconductor Manufacturing Company by 13.7%, now owning 120,810 shares valued at approximately $20 million.
• Several institutional investors, including City Holding Co. and Signature Resources Capital Management, significantly increased their stakes in the company during the first quarter.
• The company announced an increase in its quarterly dividend to $0.8348, representing a yield of 1.3%, with the ex-dividend date set for December 11th.

First Long Island Investors LLC increased its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 13.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,810 shares of the semiconductor company's stock after buying an additional 14,583 shares during the quarter. Taiwan Semiconductor Manufacturing comprises 1.7% of First Long Island Investors LLC's portfolio, making the stock its 25th largest holding. First Long Island Investors LLC's holdings in Taiwan Semiconductor Manufacturing were worth $20,054,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. City Holding Co. grew its holdings in Taiwan Semiconductor Manufacturing by 238.0% in the 1st quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock worth $28,000 after buying an additional 119 shares in the last quarter. Signature Resources Capital Management LLC grew its holdings 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 worth $32,000 after buying an additional 111 shares in the last quarter. Graybill Wealth Management LTD. acquired a new stake in Taiwan Semiconductor Manufacturing in the first quarter worth approximately $33,000. Vision Financial Markets LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the first quarter worth approximately $33,000. Finally, Keener Financial Planning LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the first quarter worth approximately $39,000. 16.51% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on TSM. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Barclays restated an "overweight" rating and issued a $240.00 target price (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Susquehanna increased their price objective on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research report on Monday, July 14th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $258.33.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM opened at $258.75 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $134.25 and a one year high of $264.58. The stock has a fifty day moving average of $238.09 and a 200-day moving average of $202.43. The company has a market capitalization of $1.34 trillion, a PE ratio of 29.50, a price-to-earnings-growth ratio of 1.24 and a beta of 1.23. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.13 by $0.34. The company had revenue of $30.07 billion during the quarter, compared to analyst estimates of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The company's revenue for the quarter was up 44.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be issued a $0.8348 dividend. The ex-dividend date 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 1.3%. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 28.16%.

Taiwan Semiconductor Manufacturing Company 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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