Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Litman Gregory Wealth Management LLC

Key Points

• Litman Gregory Wealth Management LLC reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 3.0%, now holding 53,982 shares valued at approximately $12.23 million.
• The company recently reported $30.07 billion in revenue for the quarter, exceeding analysts' estimates and marking a 44.4% increase year-over-year.
• Taiwan Semiconductor Manufacturing has declared an increased quarterly dividend of $0.8348, marking a rise from the previous dividend of $0.65, with an ex-dividend date set for December 11th.

Litman Gregory Wealth Management LLC trimmed its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 3.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,982 shares of the semiconductor company's stock after selling 1,697 shares during the period. Taiwan Semiconductor Manufacturing makes up about 1.0% of Litman Gregory Wealth Management LLC's holdings, making the stock its 28th biggest position. Litman Gregory Wealth Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $12,226,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Belpointe Asset Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 23.4% in the second quarter. Belpointe Asset Management LLC now owns 11,339 shares of the semiconductor company's stock valued at $2,568,000 after acquiring an additional 2,149 shares in the last quarter. Confluence Wealth Services Inc. lifted its position in Taiwan Semiconductor Manufacturing by 10.5% in the second quarter. Confluence Wealth Services Inc. now owns 2,774 shares of the semiconductor company's stock valued at $628,000 after purchasing an additional 264 shares during the period. Valley National Advisers Inc. lifted its position in Taiwan Semiconductor Manufacturing by 4.2% in the second quarter. Valley National Advisers Inc. now owns 25,740 shares of the semiconductor company's stock valued at $5,829,000 after purchasing an additional 1,032 shares during the period. Headland Capital LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 2.8% in the 2nd quarter. Headland Capital LLC now owns 44,979 shares of the semiconductor company's stock valued at $10,187,000 after purchasing an additional 1,220 shares in the last quarter. Finally, PUREfi Wealth LLC increased its position in Taiwan Semiconductor Manufacturing by 12.9% during the 2nd quarter. PUREfi Wealth LLC now owns 3,669 shares of the semiconductor company's stock worth $831,000 after purchasing an additional 419 shares during the period. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE:TSM opened at $292.42 on Monday. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $1.52 trillion, a P/E ratio of 33.34, a price-to-earnings-growth ratio of 1.39 and a beta of 1.28. The firm has a 50-day moving average price of $250.34 and a two-hundred day moving average price of $213.55. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $296.72.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly 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. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The business 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 business earned $1.48 earnings per share. The company's quarterly revenue was up 44.4% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be issued a $0.8348 dividend. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.1%. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing's payout ratio is presently 29.42%.

Analyst Ratings Changes

Several analysts have recently commented on TSM shares. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Susquehanna raised their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a report on Monday, July 14th. Barclays boosted their target price on shares of Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 16th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Saturday, September 27th. Finally, Needham & Company LLC restated a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $286.67.

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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