Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Acquired by Verdence Capital Advisors LLC

Key Points

• Verdence Capital Advisors LLC increased its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 29.0%, acquiring an additional 5,165 shares and bringing its total holdings to 22,947 shares valued at approximately $5.2 million.
• Taiwan Semiconductor's stock recently opened at $281.08, with a market capitalization of $1.46 trillion, and it reported a 44.4% year-over-year revenue increase of $30.07 billion for the last quarter.
• The company declared a quarterly dividend of $0.8348 per share, an increase from the previous $0.65, with an anticipated annual dividend yield of 1.2%.

Verdence Capital Advisors LLC raised its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 29.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,947 shares of the semiconductor company's stock after purchasing an additional 5,165 shares during the quarter. Verdence Capital Advisors LLC's holdings in Taiwan Semiconductor Manufacturing were worth $5,197,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. 1248 Management LLC purchased a new position in Taiwan Semiconductor Manufacturing in the 1st quarter worth approximately $28,000. Graybill Wealth Management LTD. acquired a new stake in Taiwan Semiconductor Manufacturing during the 1st quarter valued at $33,000. Vision Financial Markets LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the 1st quarter worth $33,000. Keener Financial Planning LLC acquired a new position in Taiwan Semiconductor Manufacturing in the 1st quarter worth $39,000. Finally, Hemington Wealth Management boosted its position in Taiwan Semiconductor Manufacturing by 78.2% in the 1st quarter. Hemington Wealth Management now owns 253 shares of the semiconductor company's stock valued at $41,000 after buying an additional 111 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM opened at $281.08 on Monday. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $134.25 and a one year high of $307.30. The stock has a fifty day moving average of $255.91 and a 200-day moving average of $217.76. 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 1.28. 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 announced its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 company had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. During the same period in the previous year, the firm earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing's revenue for the quarter was up 44.4% compared to the same quarter last year. 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 company also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be issued a dividend of $0.8348 per share. 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 1.2%. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 29.99%.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Itau BBA Securities assumed coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, October 7th. They issued an "outperform" rating on the stock. Needham & Company LLC reissued a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 8th. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. Finally, 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 note on Friday. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $333.33.

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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