Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by William Blair Investment Management LLC

Key Points

• William Blair Investment Management LLC reduced its stake in Taiwan Semiconductor Manufacturing Company by 10.0%, retaining approximately 6.6 million shares after selling 739,428 shares in Q2.
• Despite the reduction from William Blair, other institutional investors like Quotient Wealth Partners LLC and Easterly Investment Partners LLC increased their stakes in Taiwan Semiconductor, with Easterly raising theirs by 19.9%.
• The company announced a quarterly dividend of $0.8348 per share, increasing from the previous dividend of $0.65, with an ex-dividend date of December 11.

William Blair Investment Management LLC reduced its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 10.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,622,255 shares of the semiconductor company's stock after selling 739,428 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 4.0% of William Blair Investment Management LLC's portfolio, making the stock its 3rd largest position. William Blair Investment Management LLC owned about 0.13% of Taiwan Semiconductor Manufacturing worth $1,500,244,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. First National Bank of Hutchinson increased its stake in shares of Taiwan Semiconductor Manufacturing by 6.0% in the second quarter. First National Bank of Hutchinson now owns 4,210 shares of the semiconductor company's stock valued at $954,000 after buying an additional 238 shares in the last quarter. Quotient Wealth Partners LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 26.2% in the second quarter. Quotient Wealth Partners LLC now owns 1,886 shares of the semiconductor company's stock valued at $427,000 after buying an additional 392 shares in the last quarter. Huntleigh Advisors Inc. increased its stake in shares of Taiwan Semiconductor Manufacturing by 3.7% in the second quarter. Huntleigh Advisors Inc. now owns 33,241 shares of the semiconductor company's stock valued at $7,529,000 after buying an additional 1,186 shares in the last quarter. Chevy Chase Trust Holdings LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 1.0% in the second quarter. Chevy Chase Trust Holdings LLC now owns 6,387 shares of the semiconductor company's stock valued at $1,447,000 after buying an additional 63 shares in the last quarter. Finally, Easterly Investment Partners LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 19.9% in the second quarter. Easterly Investment Partners LLC now owns 55,264 shares of the semiconductor company's stock valued at $12,517,000 after buying an additional 9,161 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM opened at $295.37 on Friday. 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 Company Ltd. has a 1 year low of $134.25 and a 1 year high of $311.37. The stock has a market cap of $1.53 trillion, a P/E ratio of 30.29, a price-to-earnings-growth ratio of 1.43 and a beta of 1.28. The stock's 50-day moving average price is $262.16 and its two-hundred day moving average price is $221.64.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its earnings results on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.59 by $0.33. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The firm had revenue of $32.36 billion for the quarter, compared to analysts' expectations of $951.89 billion. During the same quarter last year, the business earned $1.94 earnings per share. The company's revenue was up 40.1% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. On average, equities 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. Shareholders of record on Thursday, December 11th will be issued a dividend of $0.8348 per share. This represents a $3.34 dividend on an annualized basis and a yield of 1.1%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 29.65%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on TSM shares. Itau BBA Securities started coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, October 7th. They issued an "outperform" rating for the company. Susquehanna raised their target price on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a "positive" rating in a research note on Friday, October 10th. Needham & Company LLC raised their target price on Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the company a "buy" rating in a research note on Thursday. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday. Finally, Barclays raised their target price on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an "overweight" rating in a research note on Friday. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $371.67.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.