Absolute Gestao de Investimentos Ltda. Acquires 29,517 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Absolute Gestao de Investimentos Ltda. increased its holdings in Taiwan Semiconductor Manufacturing Company by 455.3% during the first quarter, making it the 10th largest position in their portfolio.
• The company's recent earnings report showed an earnings per share (EPS) of $2.47, exceeding analysts' expectations and marking a 44.4% revenue increase compared to the same quarter last year.
• Analysts have set new price targets for Taiwan Semiconductor Manufacturing, with ranges from $240.00 to $270.00, indicating a generally positive outlook for the stock.

Absolute Gestao de Investimentos Ltda. raised its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 455.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,000 shares of the semiconductor company's stock after purchasing an additional 29,517 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for about 2.5% of Absolute Gestao de Investimentos Ltda.'s investment portfolio, making the stock its 10th largest position. Absolute Gestao de Investimentos Ltda.'s holdings in Taiwan Semiconductor Manufacturing were worth $5,976,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. City Holding Co. raised its position in shares of Taiwan Semiconductor Manufacturing by 238.0% during the first quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock valued at $28,000 after buying an additional 119 shares during the last quarter. Accredited Wealth Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the fourth quarter valued at approximately $31,000. Signature Resources Capital Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 138.8% during the first quarter. Signature Resources Capital Management LLC now owns 191 shares of the semiconductor company's stock valued at $32,000 after buying an additional 111 shares during the last quarter. Graybill Wealth Management LTD. bought a new stake in shares of Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $33,000. Finally, Vision Financial Markets LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $33,000. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Trading Down 3.6%

TSM traded down $8.6970 during trading on Tuesday, reaching $232.7130. The company had a trading volume of 14,559,709 shares, compared to its average volume of 10,166,554. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. The business has a 50 day simple moving average of $231.57 and a 200-day simple moving average of $198.26. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $134.25 and a 52 week high of $248.28. The stock has a market cap of $1.21 trillion, a P/E ratio of 26.54, a PEG ratio of 1.15 and a beta of 1.19.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, topping analysts' consensus estimates 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 the consensus estimate of $28.50 billion. During the same period in the prior year, the firm earned $1.48 EPS. The company'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. On average, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Analysts Set New Price Targets

TSM has been the subject of a number of recent research reports. Barclays reissued an "overweight" rating and issued a $240.00 target price (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 3rd. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Susquehanna raised their target price on shares of 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 issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $258.33.

Taiwan Semiconductor Manufacturing Company 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.