Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Acquired by ARK Investment Management LLC

Key Points

• ARK Investment Management LLC significantly increased its stake in Taiwan Semiconductor Manufacturing Company by 209.2%, acquiring a total of 698,930 shares, valued at approximately $158.3 million.
• Several research firms have raised their target prices for Taiwan Semiconductor Manufacturing, with Susquehanna increasing theirs from $300 to $400, and Barclays raising it from $330 to $355.
• The company has announced a quarterly dividend of $0.8348 per share, reflecting a boost from its previous dividend and resulting in an annualized yield of 1.1%.

ARK Investment Management LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 209.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 698,930 shares of the semiconductor company's stock after purchasing an additional 472,882 shares during the quarter. Taiwan Semiconductor Manufacturing comprises 1.2% of ARK Investment Management LLC's portfolio, making the stock its 25th largest position. ARK Investment Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $158,301,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Birch Hill Investment Advisors LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter worth approximately $223,000. Onyx Bridge Wealth Group LLC increased its position in Taiwan Semiconductor Manufacturing by 25.5% in the 2nd quarter. Onyx Bridge Wealth Group LLC now owns 2,240 shares of the semiconductor company's stock valued at $507,000 after acquiring an additional 455 shares during the period. Steel Grove Capital Advisors LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at approximately $285,000. Family Capital Management Inc. acquired a new stake in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at approximately $255,000. Finally, Sentry LLC increased its position in Taiwan Semiconductor Manufacturing by 7.5% in the 2nd quarter. Sentry LLC now owns 1,435 shares of the semiconductor company's stock valued at $325,000 after acquiring an additional 100 shares during the period. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on TSM. Susquehanna raised their target price on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a "positive" rating in a research report on Friday, October 10th. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday. Itau BBA Securities began coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They issued an "outperform" rating on the stock. Weiss Ratings restated a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 8th. Finally, Barclays raised their target price on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an "overweight" rating in a research report on Friday. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of "Moderate Buy" and an average target price of $371.67.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM opened at $294.53 on Wednesday. The stock has a fifty day moving average price of $264.29 and a two-hundred day moving average price of $224.00. 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 firm has a market cap of $1.53 trillion, a P/E ratio of 30.21, a PEG ratio of 1.00 and a beta of 1.28. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $311.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings results on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.59 by $0.33. The firm had revenue of $32.36 billion during the quarter, compared to analyst estimates of $951.89 billion. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The firm's quarterly revenue was up 40.1% on a year-over-year basis. During the same period last year, the company posted $1.94 EPS. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. Research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend 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 dividend payout ratio is 26.97%.

Taiwan Semiconductor Manufacturing 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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