Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Purchased by Triavera Capital LLC

Key Points

• Triavera Capital LLC increased its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 10.1%, making it its 9th biggest holding valued at approximately $9.5 million.
• Several institutions, including Brighton Jones LLC and Ensign Peak Advisors Inc, also expanded their investments in Taiwan Semiconductor, with some increasing their stakes by over 578.7%.
• Analysts remain positive on the stock, with a consensus rating of "Buy" and an average price target of $258.33.

Triavera Capital LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 10.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 57,233 shares of the semiconductor company's stock after acquiring an additional 5,236 shares during the period. Taiwan Semiconductor Manufacturing makes up 5.4% of Triavera Capital LLC's holdings, making the stock its 9th biggest holding. Triavera Capital LLC's holdings in Taiwan Semiconductor Manufacturing were worth $9,501,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in TSM. Brighton Jones LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 20.9% in the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock worth $2,159,000 after acquiring an additional 1,892 shares in the last quarter. CoreCap Advisors LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 21.3% during the fourth quarter. CoreCap Advisors LLC now owns 3,683 shares of the semiconductor company's stock valued at $727,000 after purchasing an additional 646 shares in the last quarter. First Manhattan CO. LLC. boosted its holdings in Taiwan Semiconductor Manufacturing by 50.0% during the fourth quarter. First Manhattan CO. LLC. now owns 35,793 shares of the semiconductor company's stock worth $7,091,000 after purchasing an additional 11,926 shares during the last quarter. Fiduciary Trust Co grew its position in Taiwan Semiconductor Manufacturing by 6.5% in the 4th quarter. Fiduciary Trust Co now owns 4,428 shares of the semiconductor company's stock worth $874,000 after purchasing an additional 271 shares in the last quarter. Finally, Ensign Peak Advisors Inc grew its position in Taiwan Semiconductor Manufacturing by 578.7% in the 4th quarter. Ensign Peak Advisors Inc now owns 27,004 shares of the semiconductor company's stock worth $5,333,000 after purchasing an additional 23,025 shares in the last quarter. Institutional investors own 16.51% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on TSM shares. Needham & Company LLC reissued a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Susquehanna lifted their price target on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a report on Monday, July 14th. Barclays reissued an "overweight" rating and issued a $240.00 price objective (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. Finally, Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has a consensus rating of "Buy" and an average price target of $258.33.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock opened at $243.02 on Friday. The business's 50 day simple moving average is $236.17 and its 200 day simple moving average is $200.87. 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 market cap of $1.26 trillion, a price-to-earnings ratio of 27.71, a PEG ratio of 1.16 and a beta of 1.23. The company has a current ratio of 2.37, a quick ratio of 2.15 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. The business had revenue of $30.07 billion during the quarter, compared to the consensus estimate of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The business's revenue for the quarter was up 44.4% on a year-over-year basis. During the same period last year, the business posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be issued a dividend of $0.8348 per share. This represents a $3.34 annualized dividend and a yield of 1.4%. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing's payout ratio is currently 28.16%.

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.

Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.