Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock Price Down 2.4% - Here's What Happened

Key Points

• Taiwan Semiconductor Manufacturing's stock price fell by 2.4% to $295.62 after reaching a low of $291.34 during trading, with an increased trading volume of approximately 16.3 million shares.
• The company recently declared a quarterly dividend of $0.8348 per share, which is an increase from the previous $0.65, reflecting a dividend yield of 1.1%.
• Research analysts have given Taiwan Semiconductor a consensus rating of "Moderate Buy" with a price target of around $333.33, with five analysts rating the stock as a Buy.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Get Free Report)'s share price dropped 2.4% on Tuesday . The company traded as low as $291.34 and last traded at $295.62. Approximately 16,312,792 shares were traded during mid-day trading, an increase of 12% from the average daily volume of 14,530,192 shares. The stock had previously closed at $302.89.

Analyst Ratings Changes

TSM has been the topic of a number of research analyst reports. Itau BBA Securities assumed coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They issued an "outperform" rating on the stock. Barclays raised their price target on shares of Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the company an "overweight" rating in a research note on Thursday, October 9th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 8th. Susquehanna increased 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 report on Friday. Finally, Needham & Company LLC restated a "buy" rating and issued a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $333.33.

Taiwan Semiconductor Manufacturing Price Performance

The stock has a market capitalization of $1.53 trillion, a price-to-earnings ratio of 33.71, a PEG ratio of 1.34 and a beta of 1.28. The business's fifty day moving average price is $257.20 and its 200-day moving average price is $218.72. 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 released its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.13 by $0.34. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The business had revenue of $30.07 billion for the quarter, compared to analysts' expectations of $28.50 billion. During the same period in the previous year, the company earned $1.48 earnings per share. The firm's revenue for the quarter was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS 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. Investors 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 a boost 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 presently 29.65%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Heartwood Wealth Advisors LLC purchased a new position in Taiwan Semiconductor Manufacturing in the third quarter valued at about $32,000. Resources Management Corp CT ADV purchased a new position in Taiwan Semiconductor Manufacturing in the second quarter valued at about $32,000. Mid American Wealth Advisory Group Inc. purchased a new position in Taiwan Semiconductor Manufacturing in the second quarter valued at about $33,000. Navigoe LLC purchased a new position in Taiwan Semiconductor Manufacturing in the third quarter valued at about $42,000. Finally, First Command Advisory Services Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 174.1% in the second quarter. First Command Advisory Services Inc. now owns 159 shares of the semiconductor company's stock valued at $36,000 after acquiring an additional 101 shares during the last quarter. 16.51% of the stock is currently owned by hedge funds and other 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.

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