Trust Co of Kansas Increases Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Trust Co of Kansas increased its stake in Taiwan Semiconductor Manufacturing Company Ltd. by 7.2% during the second quarter, acquiring a total of 31,089 shares worth approximately $7,041,000.
• The company reported $2.47 earnings per share for the last quarter, surpassing analysts' expectations, with revenue up 44.4% compared to the previous year.
• Taiwan Semiconductor Manufacturing announced an increase in its quarterly dividend to $0.8348 per share, reflecting an annualized yield of 1.2%.

Trust Co of Kansas lifted its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 7.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,089 shares of the semiconductor company's stock after buying an additional 2,095 shares during the period. Taiwan Semiconductor Manufacturing makes up 3.4% of Trust Co of Kansas' investment portfolio, making the stock its 11th largest holding. Trust Co of Kansas' holdings in Taiwan Semiconductor Manufacturing were worth $7,041,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. City Holding Co. grew its position in shares of Taiwan Semiconductor Manufacturing by 238.0% in the 1st 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. 1248 Management LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at $28,000. Signature Resources Capital Management LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 138.8% in the 1st 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. purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at $33,000. Finally, Vision Financial Markets LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at $33,000. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM stock opened at $288.75 on Thursday. The company has a market capitalization of $1.50 trillion, a PE ratio of 32.92, a price-to-earnings-growth ratio of 1.33 and a beta of 1.28. The firm has a fifty day simple moving average of $248.47 and a 200-day simple moving average of $211.44. 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 twelve month low of $134.25 and a twelve month high of $290.48.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.13 by $0.34. The business had revenue of $30.07 billion during the quarter, compared to the consensus estimate of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The business's quarterly revenue was up 44.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal 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 paid a dividend of $0.8348 per share. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date is Thursday, December 11th. This represents a $3.34 dividend on an annualized basis and a yield of 1.2%. Taiwan Semiconductor Manufacturing's payout ratio is currently 29.42%.

Wall Street Analyst Weigh In

A number of research firms recently commented on TSM. Susquehanna increased their target price on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research report on Monday, July 14th. Needham & Company LLC reiterated a "buy" rating and issued a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Barclays raised their price objective on shares of Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an "overweight" rating in a research note on Tuesday, September 16th. Finally, Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $286.67.

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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