WealthPlan Investment Management LLC Purchases 2,099 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• WealthPlan Investment Management LLC increased its holdings in Taiwan Semiconductor Manufacturing Company by 113.6% in the second quarter, acquiring an additional 2,099 shares, bringing its total to 3,946 shares valued at approximately $894,000.
• Taiwan Semiconductor Manufacturing reported $2.92 earnings per share for the latest quarter, exceeding analysts' estimates of $2.59, and reported a 40.1% increase in revenue year-over-year.
• The company's upcoming quarterly dividend of $0.8348 per share reflects an increase from previous payments, resulting in an annualized dividend yield of 1.1%.

WealthPlan Investment Management LLC grew its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 113.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,946 shares of the semiconductor company's stock after buying an additional 2,099 shares during the quarter. WealthPlan Investment Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $894,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Alliance Wealth Advisors LLC raised its stake in Taiwan Semiconductor Manufacturing by 2.4% in the 2nd quarter. Alliance Wealth Advisors LLC now owns 1,815 shares of the semiconductor company's stock worth $411,000 after purchasing an additional 43 shares in the last quarter. Pflug Koory LLC raised its stake in Taiwan Semiconductor Manufacturing by 3.9% in the 2nd quarter. Pflug Koory LLC now owns 1,133 shares of the semiconductor company's stock worth $257,000 after purchasing an additional 43 shares in the last quarter. Frazier Financial Advisors LLC raised its stake in Taiwan Semiconductor Manufacturing by 9.1% in the 2nd quarter. Frazier Financial Advisors LLC now owns 517 shares of the semiconductor company's stock worth $117,000 after purchasing an additional 43 shares in the last quarter. Westmount Partners LLC raised its stake in Taiwan Semiconductor Manufacturing by 2.2% in the 2nd quarter. Westmount Partners LLC now owns 2,126 shares of the semiconductor company's stock worth $481,000 after purchasing an additional 45 shares in the last quarter. Finally, Mirador Capital Partners LP raised its stake in Taiwan Semiconductor Manufacturing by 2.6% in the 2nd quarter. Mirador Capital Partners LP now owns 1,785 shares of the semiconductor company's stock worth $404,000 after purchasing an additional 45 shares in the last quarter. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

TSM stock opened at $299.63 on Friday. The company has a 50 day simple moving average of $261.09 and a 200 day simple moving average of $220.77. The stock has a market cap of $1.55 trillion, a price-to-earnings ratio of 34.17, a P/E/G ratio of 1.46 and a beta of 1.28. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $311.37. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted 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 net margin of 42.91% and a return on equity of 33.37%. The firm had revenue of $32.36 billion for the quarter, compared to analyst estimates of $951.89 billion. During the same period in the previous year, the firm posted $1.94 EPS. The company'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. Research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be paid a $0.8348 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's payout ratio is currently 29.65%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Susquehanna lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a "positive" rating in a research note on Friday, October 10th. Needham & Company LLC boosted their target price on shares of Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the company a "buy" rating in a research report on Thursday. Weiss Ratings restated a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 8th. 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. Finally, Itau BBA Securities started coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They issued an "outperform" rating for the company. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $363.33.

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.

Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.