Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Generation Investment Management LLP

Key Points

• Generation Investment Management LLP reduced its stake in Taiwan Semiconductor Manufacturing Company by 19.7%, now holding 280,895 shares valued at approximately $46.6 million.
• Wall Street analysts have generally upgraded TSM, with several institutions issuing a buy rating, and raising price targets, reflecting positive sentiment towards the company's performance.
• Taiwan Semiconductor Manufacturing recently announced an increase in its quarterly dividend to $0.8348, showcasing a commitment to returning value to shareholders.

Generation Investment Management LLP lowered its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 19.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 280,895 shares of the semiconductor company's stock after selling 68,865 shares during the quarter. Generation Investment Management LLP's holdings in Taiwan Semiconductor Manufacturing were worth $46,629,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC raised 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 purchasing an additional 1,892 shares in the last quarter. Aptus Capital Advisors LLC boosted its position in Taiwan Semiconductor Manufacturing by 438.2% in the fourth quarter. Aptus Capital Advisors LLC now owns 24,253 shares of the semiconductor company's stock worth $4,803,000 after purchasing an additional 19,747 shares during the last quarter. Alteri Wealth LLC purchased a new position in Taiwan Semiconductor Manufacturing in the fourth quarter worth about $246,000. BIP Wealth LLC purchased a new position in Taiwan Semiconductor Manufacturing in the fourth quarter worth about $227,000. Finally, Benjamin Edwards Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing by 0.5% during the 4th quarter. Benjamin Edwards Inc. now owns 17,697 shares of the semiconductor company's stock valued at $3,495,000 after buying an additional 91 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

Wall Street Analyst Weigh In

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

Taiwan Semiconductor Manufacturing Stock Up 1.3%

Shares of TSM traded up $3.07 during trading hours on Wednesday, hitting $231.46. The company had a trading volume of 7,181,856 shares, compared to its average volume of 9,984,861. The company has a market capitalization of $1.20 trillion, a PE ratio of 26.39, a price-to-earnings-growth ratio of 1.10 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 Company Ltd. has a one year low of $134.25 and a one year high of $248.28. The company's fifty day moving average price is $235.65 and its two-hundred day moving average price is $200.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.13 by $0.34. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The company had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. During the same period in the prior year, the company posted $1.48 EPS. The firm's quarterly revenue 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, equities 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. Investors of record on Thursday, December 11th will be given a dividend of $0.8348 per share. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $3.34 annualized dividend and a yield of 1.4%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 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.