Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Northwestern Mutual Wealth Management Co.

Key Points

• Northwestern Mutual Wealth Management Co. reduced its stake in Taiwan Semiconductor Manufacturing by 3.2%, owning 332,954 shares valued at $55.27 million after selling 10,933 shares.
• The stock has seen significant institutional interest, with 16.51% of its shares held by hedge funds and institutions, with some firms increasing their positions in the fourth quarter.
• Taiwan Semiconductor's recent earnings report showed an EPS of $2.47, exceeding estimates and representing a 44.4% increase in revenue compared to the previous year, indicating strong financial performance.

Northwestern Mutual Wealth Management Co. trimmed its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 3.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 332,954 shares of the semiconductor company's stock after selling 10,933 shares during the period. Northwestern Mutual Wealth Management Co.'s holdings in Taiwan Semiconductor Manufacturing were worth $55,270,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of TSM. Brighton Jones LLC raised its position in Taiwan Semiconductor Manufacturing by 20.9% during the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock worth $2,159,000 after acquiring an additional 1,892 shares during the last quarter. Kovitz Investment Group Partners LLC raised its position in Taiwan Semiconductor Manufacturing by 4.5% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 24,297 shares of the semiconductor company's stock worth $4,798,000 after acquiring an additional 1,053 shares during the last quarter. Gilder Gagnon Howe & Co. LLC raised its position in Taiwan Semiconductor Manufacturing by 1.1% during the fourth quarter. Gilder Gagnon Howe & Co. LLC now owns 5,455 shares of the semiconductor company's stock worth $1,077,000 after acquiring an additional 59 shares during the last quarter. SCS Capital Management LLC raised its position in Taiwan Semiconductor Manufacturing by 0.3% during the fourth quarter. SCS Capital Management LLC now owns 57,047 shares of the semiconductor company's stock worth $11,266,000 after acquiring an additional 151 shares during the last quarter. Finally, Berger Financial Group Inc raised its position in Taiwan Semiconductor Manufacturing by 3.0% during the fourth quarter. Berger Financial Group Inc now owns 3,948 shares of the semiconductor company's stock worth $780,000 after acquiring an additional 116 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock opened at $233.2060 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $134.25 and a 12-month high of $248.28. The stock has a market capitalization of $1.21 trillion, a P/E ratio of 26.59, a P/E/G ratio of 1.11 and a beta of 1.19. The firm's 50-day moving average is $232.56 and its two-hundred day moving average is $198.79. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, topping 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 company had revenue of $30.07 billion for the quarter, compared to analysts' expectations of $28.50 billion. During the same period last year, the company earned $1.48 EPS. The firm's revenue for the quarter was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Equities analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Analyst Ratings Changes

TSM has been the subject of a number of research reports. 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. Susquehanna lifted their target price on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Wall Street Zen cut shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research report on Saturday. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Finally, Barclays reaffirmed an "overweight" rating and set a $240.00 price target (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 3rd. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of "Buy" and a consensus target price of $258.33.

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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