Northern Trust Corp Acquires 57,859 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Northern Trust Corp increased its holdings in Taiwan Semiconductor Manufacturing Company Ltd. by 0.9%, now owning over 6.3 million shares valued at approximately $1.05 billion.
• Several institutional investors, including Brighton Jones LLC and Teachers Retirement System of Kentucky, notably expanded their stakes in TSM, reflecting a broader interest in the stock as institutional ownership now stands at 16.51%.
• TSM reported an earnings per share of $2.47 for the last quarter, significantly exceeding expectations and marking a 44.4% year-over-year revenue increase to nearly $30.1 billion.

Northern Trust Corp increased its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 0.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,302,824 shares of the semiconductor company's stock after buying an additional 57,859 shares during the period. Northern Trust Corp owned about 0.12% of Taiwan Semiconductor Manufacturing worth $1,046,269,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. City Holding Co. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 238.0% in the 1st quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock worth $28,000 after acquiring an additional 119 shares during the period. Accredited Wealth Management LLC acquired a new position in Taiwan Semiconductor Manufacturing during the fourth quarter valued at approximately $31,000. Signature Resources Capital Management LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 138.8% during the first quarter. Signature Resources Capital Management LLC now owns 191 shares of the semiconductor company's stock valued at $32,000 after purchasing an additional 111 shares during the period. Graybill Wealth Management LTD. bought a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter worth $33,000. Finally, Vision Financial Markets LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter worth $33,000. Institutional investors and hedge funds own 16.51% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Susquehanna upped their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a report on Monday, July 14th. Needham & Company LLC reissued a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Finally, Barclays reaffirmed an "overweight" rating and set a $240.00 target price (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $258.33.

Taiwan Semiconductor Manufacturing Stock Down 3.6%

Taiwan Semiconductor Manufacturing stock traded down $8.6970 during midday trading on Tuesday, reaching $232.7130. The stock had a trading volume of 14,559,709 shares, compared to its average volume of 10,166,554. The stock has a market capitalization of $1.21 trillion, a P/E ratio of 26.54, a price-to-earnings-growth ratio of 1.15 and a beta of 1.19. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $134.25 and a 1-year high of $248.28. The firm's fifty day simple moving average is $231.57 and its 200-day simple moving average is $198.26. 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 posted its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, topping analysts' consensus estimates of $2.13 by $0.34. The business had revenue of $30.07 billion for 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

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.