Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock Price Down 1.5% - Time to Sell?

Key Points

• Taiwan Semiconductor Manufacturing's (TSM) stock price fell by 1.5%, trading at $295.37, with a notable increase in trading volume at approximately 17.37 million shares.
• Analysts have raised their price targets for TSM, with Susquehanna setting a new target of $400, leading to a consensus average target price of $371.67 and a "Moderate Buy" rating.
• The company declared a quarterly dividend of $0.8348, marking an increase from the previous $0.65 dividend, with an annualized yield of 1.1%.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Get Free Report)'s stock price was down 1.5% during trading on Friday . The stock traded as low as $294.92 and last traded at $295.37. Approximately 17,371,936 shares changed hands during mid-day trading, an increase of 19% from the average daily volume of 14,636,505 shares. The stock had previously closed at $299.84.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on TSM shares. Susquehanna increased their price objective on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a "positive" rating in a research note on Friday, October 10th. Needham & Company LLC increased their price objective on shares of Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the company a "buy" rating in a research note on Thursday. Barclays raised their price target on shares of Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the stock an "overweight" rating in a research note on Friday. Weiss Ratings restated a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 8th. Finally, Itau BBA Securities assumed coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, October 7th. They set 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 company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $371.67.

Taiwan Semiconductor Manufacturing Stock Performance

The company's fifty day moving average is $261.09 and its 200 day moving average is $220.77. The company has a market capitalization of $1.53 trillion, a P/E ratio of 33.68, a P/E/G ratio of 1.46 and a beta of 1.28. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings data on Thursday, October 16th. The semiconductor company reported $2.92 EPS for the quarter, topping the consensus estimate of $2.59 by $0.33. The company had revenue of $32.36 billion during the quarter, compared to the consensus estimate of $951.89 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. Taiwan Semiconductor Manufacturing's revenue for the quarter was up 40.1% on a year-over-year basis. During the same period last year, the firm earned $1.94 EPS. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. As a group, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Heartwood Wealth Advisors LLC bought a new position in Taiwan Semiconductor Manufacturing in the 3rd quarter valued at $32,000. Resources Management Corp CT ADV bought a new position in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $32,000. Mid American Wealth Advisory Group Inc. bought a new position in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $33,000. Navigoe LLC bought a new position in Taiwan Semiconductor Manufacturing in the 3rd quarter valued at $42,000. Finally, First Command Advisory Services Inc. boosted its holdings in Taiwan Semiconductor Manufacturing by 174.1% in the 2nd quarter. First Command Advisory Services Inc. now owns 159 shares of the semiconductor company's stock valued at $36,000 after purchasing an additional 101 shares during the period. 16.51% of the stock is owned by institutional investors.

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.

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.