Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Shariaportfolio Inc.

Key Points

• Shariaportfolio Inc. reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. (TSM) by 29.9%, holding 6,928 shares worth approximately $1.57 million after the sale.
• The company recently reported a Q2 earnings per share (EPS) of $2.47, exceeding analysts' estimates and showcasing a 44.4% increase in revenue compared to the same period last year.
• Taiwan Semiconductor Manufacturing has announced an increase in its quarterly dividend to $0.8348, indicating a 1.1% yield and a growth from its previous dividend of $0.65.

Shariaportfolio Inc. lowered its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 29.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,928 shares of the semiconductor company's stock after selling 2,962 shares during the period. Taiwan Semiconductor Manufacturing comprises 0.7% of Shariaportfolio Inc.'s investment portfolio, making the stock its 19th biggest position. Shariaportfolio Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $1,569,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the business. Alliance Wealth Advisors LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 2.4% in the second quarter. Alliance Wealth Advisors LLC now owns 1,815 shares of the semiconductor company's stock valued at $411,000 after purchasing an additional 43 shares during the period. Pflug Koory LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 3.9% in the second quarter. Pflug Koory LLC now owns 1,133 shares of the semiconductor company's stock valued at $257,000 after purchasing an additional 43 shares during the period. Westmount Partners LLC grew its position in Taiwan Semiconductor Manufacturing by 2.2% during the second quarter. Westmount Partners LLC now owns 2,126 shares of the semiconductor company's stock valued at $481,000 after acquiring an additional 45 shares during the period. Mirador Capital Partners LP grew its position in Taiwan Semiconductor Manufacturing by 2.6% during the second quarter. Mirador Capital Partners LP now owns 1,785 shares of the semiconductor company's stock valued at $404,000 after acquiring an additional 45 shares during the period. Finally, Matisse Capital raised its holdings in shares of Taiwan Semiconductor Manufacturing by 1.3% in the 2nd quarter. Matisse Capital now owns 3,607 shares of the semiconductor company's stock worth $817,000 after purchasing an additional 46 shares during the period. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Down 2.7%

TSM opened at $294.18 on Wednesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $307.30. 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 market cap of $1.53 trillion, a P/E ratio of 33.54, a P/E/G ratio of 1.44 and a beta of 1.28. The stock's 50 day moving average price is $252.59 and its 200 day moving average price is $214.99.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its 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 return on equity of 33.37% and a net margin of 42.91%.The firm had revenue of $30.07 billion for the quarter, compared to analysts' expectations of $28.50 billion. During the same period last year, the firm earned $1.48 EPS. The firm's 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, 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 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 $0.8348 dividend. The ex-dividend date is Thursday, December 11th. This represents a $3.34 annualized dividend and a yield of 1.1%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's payout ratio is 29.65%.

Analyst Ratings Changes

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

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.

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