Taiwan Semiconductor Manufacturing Company Ltd. $TSM is Bwcp LP's 9th Largest Position

Key Points

• Bwcp LP increased its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 48.1%, owning over 140,000 shares valued at approximately $23.3 million.
• The company reported a quarterly earnings beat with $2.47 EPS, exceeding analysts' expectations of $2.13, and a revenue growth of 44.4% year-over-year.
• Taiwan Semiconductor declared a quarterly dividend of $0.8348 per share, marking an increase from its previous dividend of $0.65, resulting in an annual yield of 1.5%.

Bwcp LP lifted its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 48.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 140,534 shares of the semiconductor company's stock after buying an additional 45,669 shares during the period. Taiwan Semiconductor Manufacturing makes up about 4.7% of Bwcp LP's investment portfolio, making the stock its 9th biggest position. Bwcp LP's holdings in Taiwan Semiconductor Manufacturing were worth $23,329,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its holdings in Taiwan Semiconductor Manufacturing by 55.6% during the first quarter. Goldman Sachs Group Inc. now owns 17,306,108 shares of the semiconductor company's stock valued at $2,872,814,000 after acquiring an additional 6,180,445 shares during the period. Nuveen LLC bought a new stake in Taiwan Semiconductor Manufacturing during the first quarter valued at about $482,676,000. Jennison Associates LLC raised 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 acquiring an additional 2,559,512 shares during the period. Alliancebernstein L.P. raised its holdings in Taiwan Semiconductor Manufacturing by 31.5% during the first quarter. Alliancebernstein L.P. now owns 8,864,014 shares of the semiconductor company's stock valued at $1,471,426,000 after acquiring an additional 2,121,758 shares during the period. Finally, Sarasin & Partners LLP bought a new stake in Taiwan Semiconductor Manufacturing during the first quarter valued at about $362,773,000. 16.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have commented on TSM. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Barclays restated an "overweight" rating and set a $240.00 price objective (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 set a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Finally, Susquehanna raised 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. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $258.33.

Taiwan Semiconductor Manufacturing Trading Up 3.3%

TSM traded up $7.81 on Friday, hitting $243.02. The company had a trading volume of 14,039,042 shares, compared to its average volume of 9,404,776. The company has a market cap of $1.26 trillion, a PE ratio of 27.71, a PEG ratio of 1.12 and a beta of 1.23. 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 quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. The business's fifty day simple moving average is $236.17 and its 200 day simple moving average is $200.87.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, topping the consensus estimate 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 firm's revenue was up 44.4% on a year-over-year basis. During the same quarter last year, the business posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Equities research 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 announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be given a dividend of $0.8348 per share. This represents a $3.34 annualized dividend and a dividend yield of 1.4%. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 29.30%.

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.