Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Position Lowered by Baird Financial Group Inc.

Key Points

• Baird Financial Group Inc. sold 15.1% of its shares in Taiwan Semiconductor Manufacturing Company, reducing its holdings to 736,655 shares valued at approximately $122.3 million as of the latest filing.
• Several institutional investors, including Guardian Point Capital and OLD Mission Capital, acquired new stakes in Taiwan Semiconductor during the first quarter, reflecting growing interest in the company.
• The company recently announced an increase in its quarterly dividend to $0.8348 per share, representing a yield of 1.4%, with payments scheduled for January 8th to stockholders of record on December 11th.

Baird Financial Group Inc. trimmed its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 15.1% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 736,655 shares of the semiconductor company's stock after selling 131,178 shares during the quarter. Baird Financial Group Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $122,285,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. DekaBank Deutsche Girozentrale increased its position in Taiwan Semiconductor Manufacturing by 0.9% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 1,339,479 shares of the semiconductor company's stock valued at $214,442,000 after purchasing an additional 11,693 shares during the period. Pinnacle Investment Management Ltd purchased a new position in Taiwan Semiconductor Manufacturing during the 4th quarter valued at $26,661,000. Quantbot Technologies LP increased its position in Taiwan Semiconductor Manufacturing by 452.2% during the 1st quarter. Quantbot Technologies LP now owns 47,425 shares of the semiconductor company's stock valued at $7,873,000 after purchasing an additional 38,837 shares during the period. Sentry LLC purchased a new position in Taiwan Semiconductor Manufacturing during the 1st quarter valued at $222,000. Finally, In Depth Partners LLC increased its position in Taiwan Semiconductor Manufacturing by 36.1% during the 1st quarter. In Depth Partners LLC now owns 73,757 shares of the semiconductor company's stock valued at $12,244,000 after purchasing an additional 19,547 shares during the period. 16.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on TSM. Needham & Company LLC reiterated a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Barclays restated an "overweight" rating and set a $240.00 target price (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 3rd. Susquehanna upped their target price on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research note on Monday, July 14th. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday. Finally, Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, Taiwan Semiconductor Manufacturing has a consensus rating of "Buy" and a consensus target price of $258.33.

Taiwan Semiconductor Manufacturing Stock Down 3.0%

NYSE:TSM traded down $7.26 during mid-day trading on Friday, reaching $231.01. The company's stock had a trading volume of 15,511,696 shares, compared to its average volume of 10,307,398. The firm has a market capitalization of $1.20 trillion, a PE ratio of 26.34, a price-to-earnings-growth ratio of 1.10 and a beta of 1.23. The stock has a fifty day moving average of $234.90 and a 200-day moving average of $199.77. 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 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 issued its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 EPS 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 analysts' expectations of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The business's revenue was up 44.4% on a year-over-year basis. During the same quarter last year, the company earned $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be given a $0.8348 dividend. This is an increase 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 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.