WT Asset Management Ltd Invests $272.45 Million in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• WT Asset Management Ltd invested approximately $272.45 million in Taiwan Semiconductor Manufacturing Company Ltd. (TSM), acquiring over 1.2 million shares and making it the firm's largest holding at 19.1% of its portfolio.
• In the most recent earnings report, Taiwan Semiconductor Manufacturing beat estimates with $2.47 earnings per share and revenue of $30.07 billion, reflecting a 44.4% increase year over year.
• The company announced an increase in its quarterly dividend to $0.8348 per share, representing a yield of 1.1%, with a record date for shareholders on December 11th.

WT Asset Management Ltd acquired a new position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,202,926 shares of the semiconductor company's stock, valued at approximately $272,451,000. Taiwan Semiconductor Manufacturing makes up approximately 19.1% of WT Asset Management Ltd's portfolio, making the stock its biggest holding.

A number of other hedge funds also recently modified their holdings of TSM. Brighton Jones LLC lifted its holdings 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 purchasing an additional 1,892 shares in the last quarter. Matrix Trust Co lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 53.0% in the first quarter. Matrix Trust Co now owns 1,314 shares of the semiconductor company's stock valued at $218,000 after purchasing an additional 455 shares in the last quarter. Fermata Advisors LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at $283,000. Lmcg Investments LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 2.7% in the first quarter. Lmcg Investments LLC now owns 3,306 shares of the semiconductor company's stock valued at $549,000 after purchasing an additional 88 shares in the last quarter. Finally, Diligent Investors LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 12.1% in the first quarter. Diligent Investors LLC now owns 1,497 shares of the semiconductor company's stock valued at $249,000 after purchasing an additional 162 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM opened at $292.42 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $296.72. The business has a fifty day simple moving average of $250.34 and a 200 day simple moving average of $213.03. 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 cap of $1.52 trillion, a price-to-earnings ratio of 33.34, a P/E/G ratio of 1.37 and a beta of 1.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted 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. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The company had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. During the same period last year, the company earned $1.48 earnings per share. The business's revenue was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict 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 announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be issued a dividend of $0.8348 per share. This represents a $3.34 annualized dividend and a yield of 1.1%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. The ex-dividend date is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio is 29.99%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Susquehanna increased their target price on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the company a "positive" rating in a report on Monday, July 14th. Needham & Company LLC restated a "buy" rating and issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Barclays increased their price objective on Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the stock an "overweight" rating in a report on Tuesday, September 16th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a report on Saturday, September 27th. Finally, Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has an average rating of "Moderate Buy" and an average 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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