Taiwan Semiconductor Manufacturing Company Ltd. $TSM Position Decreased by Oriental Harbor Investment Fund

Key Points

• Oriental Harbor Investment Fund reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 95.3%, decreasing its holdings to 7,852 shares worth approximately $1.3 million.
• The company's strong quarterly earnings report showed a 44.4% increase in revenue year-over-year, with earnings per share surpassing estimates at $2.47.
• Taiwan Semiconductor has increased its quarterly dividend to $0.8348 per share, reflecting a boost from the previous amount and a 1.4% dividend yield.

Oriental Harbor Investment Fund lessened its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 95.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,852 shares of the semiconductor company's stock after selling 157,945 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 0.1% of Oriental Harbor Investment Fund's investment portfolio, making the stock its 10th biggest position. Oriental Harbor Investment Fund's holdings in Taiwan Semiconductor Manufacturing were worth $1,303,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in TSM. Alaethes Wealth LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 2.2% in the first quarter. Alaethes Wealth LLC now owns 19,740 shares of the semiconductor company's stock valued at $3,290,000 after acquiring an additional 433 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Taiwan Semiconductor Manufacturing by 20.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,921,428 shares of the semiconductor company's stock valued at $318,957,000 after acquiring an additional 331,541 shares during the period. Zurich Insurance Group Ltd FI purchased a new stake in Taiwan Semiconductor Manufacturing during the first quarter valued at about $1,959,000. Semmax Financial Advisors Inc. grew its position in Taiwan Semiconductor Manufacturing by 2.7% during the first quarter. Semmax Financial Advisors Inc. now owns 23,621 shares of the semiconductor company's stock valued at $4,170,000 after acquiring an additional 625 shares during the period. Finally, Northeast Financial Consultants Inc grew its position in Taiwan Semiconductor Manufacturing by 1.9% during the first quarter. Northeast Financial Consultants Inc now owns 9,013 shares of the semiconductor company's stock valued at $1,496,000 after acquiring an additional 167 shares during the period. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Up 1.4%

Shares of NYSE TSM opened at $246.91 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $134.25 and a 12-month high of $248.28. The company has a market cap of $1.28 trillion, a P/E ratio of 28.15, a P/E/G ratio of 1.16 and a beta of 1.23. 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 stock has a fifty day moving average price of $236.57 and a 200 day moving average price of $201.22.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly 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. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The firm had revenue of $30.07 billion during the quarter, compared to the consensus estimate of $28.50 billion. During the same period in the prior year, the firm earned $1.48 EPS. The firm'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 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 paid a dividend of $0.8348 per share. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's payout ratio is 28.16%.

Wall Street Analyst Weigh In

TSM has been the subject of a number of research reports. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Susquehanna boosted their price target 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. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Barclays reissued an "overweight" rating and set a $240.00 price target (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Taiwan Semiconductor Manufacturing has a consensus rating of "Buy" and an average price target of $258.33.

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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