Untitled Investments LP Takes Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Untitled Investments LP has acquired 88,190 shares of Taiwan Semiconductor Manufacturing Company Ltd., valued at approximately $14.64 million, making it 4.1% of the firm's investment portfolio.
• The company recently declared a quarterly dividend of $0.8348, increasing its annualized dividend yield to 1.4% from the previous $0.65.
• Taiwan Semiconductor's latest quarterly earnings showed an EPS of $2.47, surpassing estimates, with revenue of $30.07 billion, marking a year-over-year increase of 44.4%.

Untitled Investments LP acquired a new stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 88,190 shares of the semiconductor company's stock, valued at approximately $14,640,000. Taiwan Semiconductor Manufacturing accounts for approximately 4.1% of Untitled Investments LP's portfolio, making the stock its 10th biggest holding.

A number of other hedge funds have also recently modified their holdings of TSM. Brighton Jones LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 20.9% in the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock valued at $2,159,000 after acquiring an additional 1,892 shares during the period. CoreCap Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing by 21.3% in the fourth quarter. CoreCap Advisors LLC now owns 3,683 shares of the semiconductor company's stock worth $727,000 after acquiring an additional 646 shares during the period. First Manhattan CO. LLC. lifted its stake in Taiwan Semiconductor Manufacturing by 50.0% in the fourth quarter. First Manhattan CO. LLC. now owns 35,793 shares of the semiconductor company's stock worth $7,091,000 after acquiring an additional 11,926 shares during the period. Fiduciary Trust Co lifted its stake in Taiwan Semiconductor Manufacturing by 6.5% in the fourth quarter. Fiduciary Trust Co now owns 4,428 shares of the semiconductor company's stock worth $874,000 after acquiring an additional 271 shares during the period. Finally, Ensign Peak Advisors Inc lifted its stake in Taiwan Semiconductor Manufacturing by 578.7% in the fourth quarter. Ensign Peak Advisors Inc now owns 27,004 shares of the semiconductor company's stock worth $5,333,000 after acquiring an additional 23,025 shares during the period. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Up 1.4%

TSM traded up $3.50 during midday trading on Monday, reaching $246.91. The company's stock had a trading volume of 12,960,408 shares, compared to its average volume of 9,579,977. The stock's 50-day moving average is $236.57 and its 200-day moving average is $201.22. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $1.28 trillion, a price-to-earnings ratio of 28.15, a PEG ratio of 1.16 and a beta of 1.23. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $248.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.13 by $0.34. The firm had revenue of $30.07 billion during the quarter, compared to analyst estimates of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.Taiwan Semiconductor Manufacturing's quarterly revenue was up 44.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be given a $0.8348 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $3.34 annualized dividend and a dividend yield of 1.4%. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's payout ratio is presently 28.16%.

Analyst Upgrades and Downgrades

TSM has been the subject of a number of research analyst reports. Needham & Company LLC reaffirmed a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Barclays reaffirmed an "overweight" rating and issued a $240.00 price target (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 3rd. Susquehanna raised their price objective on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research report on Monday, July 14th. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Finally, Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $258.33.

Taiwan Semiconductor Manufacturing 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.