Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Purchased by Quantbot Technologies LP

Key Points

• Quantbot Technologies LP significantly increased its holdings in Taiwan Semiconductor Manufacturing Co. by 452.2% during the first quarter, owning a total of 47,425 shares worth approximately $7.87 million.
• Wall Street analysts have shown a bullish outlook with several firms increasing their price targets for the stock, including Susquehanna raising it from $255 to $265 and Needham setting a target of $270.
• Taiwan Semiconductor reported strong earnings, with earnings per share of $2.47 for the last quarter, exceeding estimates and reflecting a 44.4% year-over-year revenue growth.

Quantbot Technologies LP grew its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 452.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,425 shares of the semiconductor company's stock after buying an additional 38,837 shares during the period. Quantbot Technologies LP's holdings in Taiwan Semiconductor Manufacturing were worth $7,873,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in TSM. Brighton Jones LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 20.9% in the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock worth $2,159,000 after buying an additional 1,892 shares during the last quarter. Forum Financial Management LP increased its stake in shares of Taiwan Semiconductor Manufacturing by 10.1% in the fourth quarter. Forum Financial Management LP now owns 1,425 shares of the semiconductor company's stock worth $281,000 after acquiring an additional 131 shares during the period. Capital Research Global Investors increased its stake in shares of Taiwan Semiconductor Manufacturing by 1.0% in the fourth quarter. Capital Research Global Investors now owns 1,735,432 shares of the semiconductor company's stock worth $342,898,000 after acquiring an additional 17,288 shares during the period. Mirabella Financial Services LLP increased its stake in shares of Taiwan Semiconductor Manufacturing by 0.5% in the fourth quarter. Mirabella Financial Services LLP now owns 57,056 shares of the semiconductor company's stock worth $11,266,000 after acquiring an additional 272 shares during the period. Finally, Seaview Investment Managers LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth $10,952,000. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock traded down $8.6970 during trading hours on Tuesday, reaching $232.7130. 14,559,709 shares of the company's stock were exchanged, compared to its average volume of 10,166,554. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $248.28. The company 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. The business has a fifty day moving average of $231.57 and a two-hundred day moving average of $198.26. 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 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 net margin of 42.91% and a return on equity of 33.37%. The business had revenue of $30.07 billion during the quarter, compared to analyst estimates of $28.50 billion. During the same quarter in the prior year, the firm earned $1.48 earnings per share. The company'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, research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Taiwan Semiconductor Manufacturing Company 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.