Taiwan Semiconductor Manufacturing (NYSE:TSM) Hits New 52-Week High - Here's What Happened

Key Points

• Taiwan Semiconductor Manufacturing Company (TSM) reached a new 52-week high of $307.70, closing at $302.31 with a trading volume of 767,526 shares.
• Analysts have set new price targets, with Susquehanna raising their target from $300 to $400 and Barclays adjusting theirs from $325 to $330, reflecting a positive outlook on the stock.
• The company announced an increase in its quarterly dividend to $0.8348 per share, a rise from the previous $0.65, with a yield of 1.1% expected for investors of record.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The company traded as high as $307.70 and last traded at $302.31, with a volume of 767526 shares. The stock had previously closed at $295.94.

Analysts Set New Price Targets

TSM has been the topic of several research reports. Susquehanna increased their price target on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a "positive" rating in a report on Friday. Barclays raised their price objective on Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the stock an "overweight" rating in a research report on Thursday, October 9th. Needham & Company LLC restated a "buy" rating and set a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Itau BBA Securities started coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, October 7th. They issued an "outperform" rating for the company. Finally, Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $333.33.

Taiwan Semiconductor Manufacturing Trading Up 3.3%

The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37. The firm has a fifty day moving average of $258.46 and a 200 day moving average of $219.25. The firm has a market capitalization of $1.59 trillion, a PE ratio of 34.84, a P/E/G ratio of 1.45 and a beta of 1.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted 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 the consensus estimate 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 revenue for the quarter was up 44.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Equities 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 disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be given a dividend of $0.8348 per share. The ex-dividend date is Thursday, December 11th. This represents a $3.34 dividend on an annualized basis and a 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 presently 29.65%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Founders Financial Securities LLC boosted its position in Taiwan Semiconductor Manufacturing by 12.8% during the 3rd quarter. Founders Financial Securities LLC now owns 7,424 shares of the semiconductor company's stock worth $2,073,000 after acquiring an additional 845 shares during the period. Value Partners Investments Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 9.3% in the third quarter. Value Partners Investments Inc. now owns 3,720 shares of the semiconductor company's stock valued at $1,038,000 after buying an additional 317 shares during the period. James Hambro & Partners LLP lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 12.5% in the third quarter. James Hambro & Partners LLP now owns 17,369 shares of the semiconductor company's stock valued at $4,850,000 after buying an additional 1,925 shares during the period. Albert D Mason Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 5.5% in the third quarter. Albert D Mason Inc. now owns 7,751 shares of the semiconductor company's stock valued at $2,165,000 after buying an additional 406 shares during the period. Finally, Santori & Peters Inc. acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at $230,000. Institutional investors and hedge funds own 16.51% of the company's stock.

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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