Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Holdings Boosted by Financial Perspectives Inc

Key Points

• Financial Perspectives Inc. increased its stake in Taiwan Semiconductor Manufacturing Company by 12% during the 2nd quarter, owning 35,512 shares worth approximately $8.04 million.
• Taiwan Semiconductor Manufacturing reported earnings of $2.92 per share for the latest quarter, surpassing analyst expectations and showing a 40.1% increase in revenue compared to the same period last year.
• The company announced an increase in its quarterly dividend to $0.8348 per share, with a payout scheduled for January 8, 2024, enhancing its annualized dividend to $3.34 at a yield of 1.1%.

Financial Perspectives Inc lifted its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 12.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,512 shares of the semiconductor company's stock after acquiring an additional 3,793 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 2.4% of Financial Perspectives Inc's portfolio, making the stock its 13th largest holding. Financial Perspectives Inc's holdings in Taiwan Semiconductor Manufacturing were worth $8,043,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. DekaBank Deutsche Girozentrale boosted its stake in shares of Taiwan Semiconductor Manufacturing by 0.9% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 1,339,479 shares of the semiconductor company's stock worth $214,442,000 after acquiring an additional 11,693 shares in the last quarter. Powers Advisory Group LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter worth $240,000. Hudson Edge Investment Partners Inc. boosted its stake in shares of Taiwan Semiconductor Manufacturing by 10.1% during the 2nd quarter. Hudson Edge Investment Partners Inc. now owns 236,503 shares of the semiconductor company's stock worth $53,566,000 after acquiring an additional 21,648 shares in the last quarter. Quantbot Technologies LP boosted its stake in shares of Taiwan Semiconductor Manufacturing by 452.2% during the 1st quarter. Quantbot Technologies LP now owns 47,425 shares of the semiconductor company's stock worth $7,873,000 after acquiring an additional 38,837 shares in the last quarter. Finally, RFG Holdings Inc. boosted its stake in shares of Taiwan Semiconductor Manufacturing by 66.1% during the 2nd quarter. RFG Holdings Inc. now owns 3,898 shares of the semiconductor company's stock worth $883,000 after acquiring an additional 1,551 shares in the last quarter. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Trading Down 1.5%

Shares of NYSE:TSM opened at $295.37 on Monday. The company has a market cap of $1.53 trillion, a P/E ratio of 30.29, a P/E/G ratio of 1.02 and a beta of 1.28. The stock's 50-day moving average is $262.16 and its 200-day moving average is $222.45. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $134.25 and a 52-week high of $311.37. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share 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 business had revenue of $32.36 billion for the quarter, compared to the consensus estimate of $951.89 billion. During the same period last year, the business earned $1.94 earnings per share. The firm's revenue for the quarter was up 40.1% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. Equities 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 business also recently disclosed 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. The ex-dividend date of this dividend is Thursday, December 11th. This is a positive change 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 1.1%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 26.67%.

Analyst Ratings Changes

TSM has been the subject of several research reports. Weiss Ratings reissued a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 8th. Needham & Company LLC raised their target price on Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the stock a "buy" rating in a research report on Thursday. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday. Barclays raised their target price on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, Susquehanna raised their target price on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a "positive" rating in a research report on Friday, October 10th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $371.67.

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.

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