Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Acquired by Point72 Europe London LLP

Key Points

• Point72 Europe London LLP increased its stake in Taiwan Semiconductor Manufacturing Company by 65.4%, now holding 124,550 shares valued at approximately $20.68 million, making it the firm’s 18th largest holding.
• Goldman Sachs also significantly raised its holdings by 55.6%, acquiring an additional 6.18 million shares, resulting in a total shareholding worth nearly $2.87 billion.
• Taiwan Semiconductor Manufacturing Company reported a quarterly earnings per share (EPS) of $2.47, exceeding analysts' expectations of $2.13, and also announced an increase in its quarterly dividend to $0.8348 per share.

Point72 Europe London LLP increased its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 65.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 124,550 shares of the semiconductor company's stock after acquiring an additional 49,250 shares during the period. Taiwan Semiconductor Manufacturing makes up about 1.4% of Point72 Europe London LLP's portfolio, making the stock its 18th largest holding. Point72 Europe London LLP's holdings in Taiwan Semiconductor Manufacturing were worth $20,675,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Goldman Sachs Group Inc. raised its stake in shares of Taiwan Semiconductor Manufacturing by 55.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 17,306,108 shares of the semiconductor company's stock worth $2,872,814,000 after buying an additional 6,180,445 shares during the period. Price T Rowe Associates Inc. MD raised its position in Taiwan Semiconductor Manufacturing by 19.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 12,350,239 shares of the semiconductor company's stock worth $2,050,141,000 after acquiring an additional 1,984,835 shares during the period. WCM Investment Management LLC raised its position in Taiwan Semiconductor Manufacturing by 0.6% during the first quarter. WCM Investment Management LLC now owns 9,734,044 shares of the semiconductor company's stock worth $1,608,551,000 after acquiring an additional 59,079 shares during the period. Jennison Associates LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 36.8% during the first quarter. Jennison Associates LLC now owns 9,509,032 shares of the semiconductor company's stock valued at $1,578,499,000 after purchasing an additional 2,559,512 shares in the last quarter. Finally, Janus Henderson Group PLC grew its position in shares of Taiwan Semiconductor Manufacturing by 13.8% in the fourth quarter. Janus Henderson Group PLC now owns 7,381,233 shares of the semiconductor company's stock valued at $1,457,912,000 after purchasing an additional 895,379 shares during the period. Hedge funds and other institutional investors own 16.51% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Barclays restated 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. Needham & Company LLC restated a "buy" rating and issued a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday. Susquehanna increased their price objective on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a report on Monday, July 14th. Finally, Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $258.33.

Taiwan Semiconductor Manufacturing Stock Performance

Taiwan Semiconductor Manufacturing stock opened at $231.01 on Friday. The firm has a 50 day simple moving average of $234.90 and a 200-day simple moving average of $199.78. The stock has a market cap of $1.20 trillion, a price-to-earnings ratio of 26.34, a price-to-earnings-growth ratio of 1.10 and a beta of 1.19. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $134.25 and a 1-year high of $248.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, beating analysts' consensus estimates of $2.13 by $0.34. The firm had revenue of $30.07 billion for the quarter, compared to analysts' expectations of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The firm's quarterly revenue was up 44.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current 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. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, December 11th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's dividend payout ratio is 28.16%.

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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