WPG Advisers LLC Acquires Shares of 2,999 Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• WPG Advisers LLC has acquired a new stake in Taiwan Semiconductor Manufacturing Company Ltd. (TSM), purchasing 2,999 shares worth approximately $498,000 during the first quarter.
• Taiwan Semiconductor recently announced an increase in its quarterly dividend to $0.8348, with a payout date set for January 8th, reflecting a 1.4% yield based on an annualized dividend of $3.34.
• The company's earnings for the last quarter surpassed analysts' expectations, reporting $2.47 EPS and a revenue of $30.07 billion, marking a 44.4% increase year-over-year.

WPG Advisers LLC acquired a new position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,999 shares of the semiconductor company's stock, valued at approximately $498,000.

Other hedge funds also recently added to or reduced their stakes in the company. Accredited Wealth Management LLC acquired a new position in Taiwan Semiconductor Manufacturing during the fourth quarter worth $31,000. City Holding Co. lifted its stake in Taiwan Semiconductor Manufacturing by 238.0% during the first quarter. City Holding Co. now owns 169 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 119 shares in the last quarter. Signature Resources Capital Management LLC lifted its stake in Taiwan Semiconductor Manufacturing by 138.8% during the first quarter. Signature Resources Capital Management LLC now owns 191 shares of the semiconductor company's stock worth $32,000 after purchasing an additional 111 shares in the last quarter. Graybill Wealth Management LTD. acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at $33,000. Finally, Vision Financial Markets LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at $33,000. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on TSM. Barclays reiterated an "overweight" rating and issued a $240.00 price objective (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 3rd. Susquehanna increased their price objective on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a research note on Monday, July 14th. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Wall Street Zen cut Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Saturday, August 23rd. Finally, Needham & Company LLC restated a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $258.33.

Taiwan Semiconductor Manufacturing Stock Down 3.0%

Taiwan Semiconductor Manufacturing stock traded down $7.26 during midday trading on Friday, reaching $231.01. The company's stock had a trading volume of 15,511,696 shares, compared to its average volume of 10,208,586. The business has a 50-day simple moving average of $234.90 and a 200-day simple moving average of $199.83. The company has a market cap of $1.20 trillion, a P/E ratio of 26.34, a P/E/G ratio of 1.10 and a beta of 1.19. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $134.25 and a fifty-two week high of $248.28. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $30.07 billion for 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%.The business's quarterly revenue was up 44.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, research analysts expect 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 declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be issued a dividend of $0.8348 per share. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio is 28.16%.

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.