Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Exencial Wealth Advisors LLC

Key Points

• Exencial Wealth Advisors LLC has reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 4.0%, now holding 84,177 shares valued at approximately $19 million.
• The company reported a significant increase in quarterly revenue, reaching $32.36 billion, a 40.1% increase year-over-year, and beating analysts' estimates; earnings per share (EPS) were $2.92, exceeding the expected $2.59.
• Taiwan Semiconductor Manufacturing announced an increase in its quarterly dividend to $0.8348 per share, up from the previous $0.65, signaling a payout ratio of 26.97%.

Exencial Wealth Advisors LLC decreased its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 4.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 84,177 shares of the semiconductor company's stock after selling 3,510 shares during the quarter. Exencial Wealth Advisors LLC's holdings in Taiwan Semiconductor Manufacturing were worth $19,065,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in TSM. 1248 Management LLC purchased a new position in Taiwan Semiconductor Manufacturing during the first quarter worth approximately $28,000. Graybill Wealth Management LTD. purchased a new position in Taiwan Semiconductor Manufacturing during the first quarter worth approximately $33,000. Vision Financial Markets LLC purchased a new position in Taiwan Semiconductor Manufacturing during the first quarter worth approximately $33,000. Mid American Wealth Advisory Group Inc. purchased a new position in Taiwan Semiconductor Manufacturing during the second quarter worth approximately $33,000. Finally, Keener Financial Planning LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the first quarter worth $39,000. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Down 1.1%

Shares of NYSE TSM opened at $294.53 on Wednesday. The company has a market capitalization of $1.53 trillion, a price-to-earnings ratio of 30.21, a price-to-earnings-growth ratio of 1.00 and a beta of 1.28. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15. The business has a 50-day moving average of $264.29 and a two-hundred day moving average of $224.00. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $311.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings results on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.59 by $0.33. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The company had revenue of $32.36 billion during the quarter, compared to the consensus estimate of $951.89 billion. During the same period in the previous year, the business earned $1.94 EPS. Taiwan Semiconductor Manufacturing's revenue for the quarter was up 40.1% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. On average, analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be given a dividend of $0.8348 per share. This represents a $3.34 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, December 11th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's payout ratio is presently 26.97%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Needham & Company LLC raised their target price on Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the stock a "buy" rating in a research note on Thursday, October 16th. Weiss Ratings reissued a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 8th. Itau BBA Securities assumed coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, October 7th. They set an "outperform" rating for the company. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday. Finally, Barclays lifted their price objective on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an "overweight" rating in a research note on Friday. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $371.67.

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.

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