Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Erste Asset Management GmbH

Key Points

• Erste Asset Management GmbH reduced its holdings in Taiwan Semiconductor Manufacturing Company Ltd. by 3.7%, now owning 159,904 shares, valued at approximately $26.49 million.
• Brighton Jones LLC increased its stake in Taiwan Semiconductor by 20.9% during the last quarter, while several other institutional investors also modified their holdings.
• The company's recent earnings report showed a 44.4% year-over-year revenue growth with an EPS of $2.47, exceeding analyst expectations of $2.13.

Erste Asset Management GmbH decreased its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 3.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 159,904 shares of the semiconductor company's stock after selling 6,196 shares during the period. Erste Asset Management GmbH's holdings in Taiwan Semiconductor Manufacturing were worth $26,492,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Brighton Jones LLC lifted its holdings in 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 acquiring an additional 1,892 shares during the last quarter. Forum Financial Management LP grew its holdings in shares of Taiwan Semiconductor Manufacturing by 10.1% during the fourth quarter. Forum Financial Management LP now owns 1,425 shares of the semiconductor company's stock valued at $281,000 after purchasing an additional 131 shares during the last quarter. Transce3nd LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $41,000. OneDigital Investment Advisors LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 8.8% in the 4th quarter. OneDigital Investment Advisors LLC now owns 67,101 shares of the semiconductor company's stock worth $13,252,000 after purchasing an additional 5,400 shares during the last quarter. Finally, SIH Partners LLLP bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $22,266,000. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE:TSM opened at $232.7130 on Wednesday. The company has a 50-day moving average of $231.57 and a 200-day moving average of $198.26. The firm has a market cap of $1.21 trillion, a price-to-earnings ratio of 26.54, a price-to-earnings-growth ratio of 1.15 and a beta of 1.19. 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 Company Ltd. has a twelve month low of $134.25 and a twelve month high of $248.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.13 by $0.34. The business had revenue of $30.07 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 44.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Susquehanna upped their price objective on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research note on Monday, July 14th. Barclays restated an "overweight" rating and set a $240.00 price target (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Finally, Needham & Company LLC reissued a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. 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 a consensus price target of $258.33.

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.

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