Vanguard Group Inc. Grows Stock Holdings in Tower Semiconductor Ltd. $TSEM

Key Points

• Vanguard Group Inc. increased its stake in Tower Semiconductor Ltd. by 2.4%, holding approximately 3.69% of the company, worth $145.1 million after acquiring 93,868 additional shares in the first quarter.
• Several institutional investors have also increased their positions, with TCTC Holdings LLC growing its stake by 117.9% during the same period, reflecting a trend of growing interest in Tower Semiconductor.
• Despite a quarterly earnings report that missed analyst expectations, Tower Semiconductor's revenue rose by 6% year-over-year, and analysts maintain a consensus "Buy" rating with a target price around $64.25.

Vanguard Group Inc. boosted its position in Tower Semiconductor Ltd. (NASDAQ:TSEM - Free Report) by 2.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 4,087,155 shares of the semiconductor company's stock after acquiring an additional 93,868 shares during the period. Vanguard Group Inc. owned about 3.69% of Tower Semiconductor worth $145,106,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. TCTC Holdings LLC grew its stake in Tower Semiconductor by 117.9% in the 1st quarter. TCTC Holdings LLC now owns 706 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 382 shares during the period. Caption Management LLC purchased a new stake in Tower Semiconductor in the 4th quarter worth approximately $155,000. Squarepoint Ops LLC purchased a new stake in Tower Semiconductor in the 4th quarter worth approximately $247,000. Cetera Investment Advisers purchased a new stake in Tower Semiconductor in the 4th quarter worth approximately $249,000. Finally, XTX Topco Ltd purchased a new stake in Tower Semiconductor in the 1st quarter worth approximately $265,000. 70.51% of the stock is owned by hedge funds and other institutional investors.

Tower Semiconductor Price Performance

Shares of NASDAQ:TSEM opened at $50.05 on Thursday. The company has a quick ratio of 5.50, a current ratio of 6.57 and a debt-to-equity ratio of 0.05. Tower Semiconductor Ltd. has a fifty-two week low of $28.64 and a fifty-two week high of $55.31. The firm has a 50-day simple moving average of $45.51 and a 200 day simple moving average of $41.68. The company has a market cap of $5.55 billion, a PE ratio of 28.76 and a beta of 0.77.

Tower Semiconductor (NASDAQ:TSEM - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.41 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by ($0.06). Tower Semiconductor had a net margin of 13.20% and a return on equity of 7.37%. The business had revenue of $372.06 million for the quarter, compared to the consensus estimate of $371.63 million. During the same period in the prior year, the company earned $0.53 EPS. Tower Semiconductor's quarterly revenue was up 6.0% on a year-over-year basis. Tower Semiconductor has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Tower Semiconductor Ltd. will post 1.67 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have weighed in on TSEM shares. Benchmark reiterated a "buy" rating and issued a $66.00 price target (up previously from $60.00) on shares of Tower Semiconductor in a report on Monday, August 4th. Wedbush set a $65.00 price target on shares of Tower Semiconductor and gave the company an "outperform" rating in a report on Tuesday, August 5th. Finally, Susquehanna set a $66.00 price target on shares of Tower Semiconductor and gave the company a "positive" rating in a report on Tuesday, August 5th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Tower Semiconductor presently has a consensus rating of "Buy" and a consensus target price of $64.25.

Tower Semiconductor Profile

Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS.

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