NewEdge Advisors LLC Buys 18,925 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• NewEdge Advisors LLC increased its holdings in Taiwan Semiconductor Manufacturing Company by 13.8% in the first quarter, now owning 155,849 shares valued at approximately $25.87 million.
• Taiwan Semiconductor Manufacturing reported a $2.47 EPS for the last quarter, exceeding analysts' estimates of $2.13 and marking a 44.4% revenue increase year-over-year.
• The company announced an increase in its quarterly dividend to $0.8348, representing an annualized rate of $3.34, with a yield of 1.4%.

NewEdge Advisors LLC lifted its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 13.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 155,849 shares of the semiconductor company's stock after buying an additional 18,925 shares during the quarter. NewEdge Advisors LLC's holdings in Taiwan Semiconductor Manufacturing were worth $25,871,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. DekaBank Deutsche Girozentrale grew its stake in shares of Taiwan Semiconductor Manufacturing by 0.9% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 1,339,479 shares of the semiconductor company's stock valued at $214,442,000 after buying an additional 11,693 shares in the last quarter. Pinnacle Investment Management Ltd bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $26,661,000. Quantbot Technologies LP grew its stake in shares of Taiwan Semiconductor Manufacturing by 452.2% in the 1st quarter. Quantbot Technologies LP now owns 47,425 shares of the semiconductor company's stock valued at $7,873,000 after buying an additional 38,837 shares in the last quarter. Sentry LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at approximately $222,000. Finally, In Depth Partners LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 36.1% in the 1st quarter. In Depth Partners LLC now owns 73,757 shares of the semiconductor company's stock valued at $12,244,000 after buying an additional 19,547 shares in the last quarter. Institutional investors own 16.51% of the company's stock.

Wall Street Analysts Forecast Growth

TSM has been the subject of several analyst reports. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Needham & Company LLC restated a "buy" rating and issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Barclays restated an "overweight" rating and issued a $240.00 target price (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 3rd. Finally, Susquehanna boosted their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a report on Monday, July 14th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $258.33.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock traded up $7.81 during trading hours on Friday, reaching $243.02. 14,039,042 shares of the company's stock were exchanged, compared to its average volume of 9,579,977. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $134.25 and a fifty-two week high of $248.28. The stock has a market capitalization of $1.26 trillion, a P/E ratio of 27.71, a P/E/G ratio of 1.16 and a beta of 1.23. The business has a fifty day moving average price of $236.17 and a 200-day moving average price of $200.88. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.13 by $0.34. The business 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%.Taiwan Semiconductor Manufacturing's quarterly revenue was up 44.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Analysts predict 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 disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be given 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 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 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.