GMT Capital Corp Sells 10,400 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• GMT Capital Corp reduced its stake in Taiwan Semiconductor Manufacturing Company (NYSE:TSM) by 27.2% during Q1, now holding 27,900 shares worth approximately $4.63 million.
• Taiwan Semiconductor Manufacturing recently reported a quarterly EPS of $2.47, exceeding analysts' expectations, with a revenue of $30.07 billion—up 44.4% from the previous year.
• The company declared an increased quarterly dividend of $0.8348 per share, representing an annualized yield of 1.4%, with the ex-dividend date set for December 11th.

GMT Capital Corp lessened its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 27.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,900 shares of the semiconductor company's stock after selling 10,400 shares during the quarter. GMT Capital Corp's holdings in Taiwan Semiconductor Manufacturing were worth $4,631,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings 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 valued at $2,159,000 after purchasing an additional 1,892 shares in the last quarter. FAS Wealth Partners Inc. acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at $225,000. Wahed Invest LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 12.5% in the 4th quarter. Wahed Invest LLC now owns 72,017 shares of the semiconductor company's stock valued at $14,223,000 after purchasing an additional 7,997 shares in the last quarter. Gallagher Fiduciary Advisors LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 24.1% in the 4th quarter. Gallagher Fiduciary Advisors LLC now owns 2,271 shares of the semiconductor company's stock valued at $449,000 after purchasing an additional 441 shares in the last quarter. Finally, Albar Capital Partners LLP acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at $65,750,000. Institutional investors and hedge funds own 16.51% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on TSM. Barclays reiterated an "overweight" rating and issued a $240.00 price target (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 3rd. 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. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday. Finally, Susquehanna raised their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research note on Monday, July 14th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has an average rating of "Buy" and an average target price of $258.33.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM traded down $7.26 during mid-day trading on Friday, reaching $231.01. 15,511,696 shares of the stock traded hands, compared to its average volume of 10,307,398. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $248.28. The firm has a fifty day moving average price of $234.90 and a 200 day moving average price of $199.77. The company has a market cap of $1.20 trillion, a price-to-earnings ratio of 26.34, 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 (NYSE:TSM - Get Free Report) last posted its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, topping the consensus estimate 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 net margin of 42.91% and a return on equity of 33.37%. The firm's revenue for the quarter was up 44.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be issued a $0.8348 dividend. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 annualized dividend and a yield of 1.4%. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio is 28.16%.

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.