Militia Capital Partners LP Sells 25,186 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Militia Capital Partners LP has sold 98% of its shares in Taiwan Semiconductor Manufacturing Company, reducing its holdings to just 514 shares worth $85,000.
• Various hedge funds have increased their stakes in Taiwan Semiconductor, with significant increases from First Heartland Consultants and Formidable Asset Management.
• Analysts have a generally positive outlook on TSM, with multiple upgrades and an average target price of $258.33, suggesting confidence in the company's growth potential.

Militia Capital Partners LP lessened its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 98.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 514 shares of the semiconductor company's stock after selling 25,186 shares during the quarter. Militia Capital Partners LP's holdings in Taiwan Semiconductor Manufacturing were worth $85,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TSM. New Vernon Capital Holdings II LLC increased its position in Taiwan Semiconductor Manufacturing by 16,500.0% during the first quarter. New Vernon Capital Holdings II LLC now owns 6,707,064 shares of the semiconductor company's stock valued at $1,113,373,000 after acquiring an additional 6,666,660 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Taiwan Semiconductor Manufacturing by 55.6% during the first quarter. Goldman Sachs Group Inc. now owns 17,306,108 shares of the semiconductor company's stock valued at $2,872,814,000 after purchasing an additional 6,180,445 shares during the period. Nuveen LLC bought a new stake in Taiwan Semiconductor Manufacturing during the first quarter valued at about $482,676,000. Jennison Associates LLC grew its holdings in Taiwan Semiconductor Manufacturing by 36.8% during the first quarter. Jennison Associates LLC now owns 9,509,032 shares of the semiconductor company's stock valued at $1,578,499,000 after purchasing an additional 2,559,512 shares during the period. Finally, Alliancebernstein L.P. grew its holdings in Taiwan Semiconductor Manufacturing by 31.5% during the first quarter. Alliancebernstein L.P. now owns 8,864,014 shares of the semiconductor company's stock valued at $1,471,426,000 after purchasing an additional 2,121,758 shares during the period. Hedge funds and other institutional investors own 16.51% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Barclays reissued an "overweight" rating and set a $240.00 price target (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 3rd. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Susquehanna boosted their price target on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a report on Monday, July 14th. Finally, Needham & Company LLC reissued a "buy" rating and set a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of "Buy" and an average target price of $258.33.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE TSM traded up $0.36 during mid-day trading on Friday, reaching $259.27. The company's stock had a trading volume of 8,486,996 shares, compared to its average volume of 10,630,542. The firm has a market capitalization of $1.34 trillion, a PE ratio of 29.56, a P/E/G ratio of 1.23 and a beta of 1.23. 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 stock has a fifty day moving average of $238.56 and a two-hundred day moving average of $202.97. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $134.25 and a 52 week high of $264.58.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, topping analysts' consensus estimates of $2.13 by $0.34. The firm had revenue of $30.07 billion during the quarter, compared to analyst estimates of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The business's quarterly revenue was up 44.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be paid a dividend of $0.8348 per share. The ex-dividend date of this dividend is Thursday, December 11th. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 dividend on an annualized basis and a yield of 1.3%. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 28.16%.

About Taiwan Semiconductor Manufacturing

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.