Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock Price Up 8% - Here's What Happened

Key Points

• Taiwan Semiconductor Manufacturing Company (NYSE:TSM) experienced an 8% increase in its stock price, closing at $303.14 on Monday after reaching a high of $304.63.
• Several analysts upgraded their ratings on TSM, with Susquehanna raising the price target to $400.00 and Wall Street Zen moving from a "hold" to a "buy" rating.
• The company announced an increase in its quarterly dividend, now at $0.8348 per share, which signifies a yield of 1.1% and a boost from the previous dividend of $0.65.

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Get Free Report)'s share price rose 8% during trading on Monday . The company traded as high as $304.63 and last traded at $303.14. Approximately 20,166,868 shares traded hands during mid-day trading, an increase of 39% from the average daily volume of 14,520,118 shares. The stock had previously closed at $280.66.

Analyst Upgrades and Downgrades

TSM has been the topic of a number of research reports. Susquehanna boosted their price target on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a "positive" rating in a report on Friday. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Barclays boosted their price target on Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the company an "overweight" rating in a report on Thursday. 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. Finally, Itau BBA Securities started coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, October 7th. They issued an "outperform" rating on the stock. Five investment 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, Taiwan Semiconductor Manufacturing has a consensus rating of "Moderate Buy" and an average price target of $333.33.

Taiwan Semiconductor Manufacturing Stock Up 8.0%

The firm has a market cap of $1.57 trillion, a P/E ratio of 34.57, a price-to-earnings-growth ratio of 1.34 and a beta of 1.28. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. The firm has a fifty day moving average of $255.91 and a 200-day moving average of $217.76.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results 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. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The business had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. During the same quarter in the prior year, the company posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing's revenue was up 44.4% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, equities research 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 firm also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be given a dividend of $0.8348 per share. This represents a $3.34 dividend on an annualized basis 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 of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 29.99%.

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

A number of institutional investors have recently bought and sold shares of the business. SK Wealth Management LLC acquired a new position in Taiwan Semiconductor Manufacturing during the third quarter worth approximately $204,000. CHICAGO TRUST Co NA increased its position in Taiwan Semiconductor Manufacturing by 8.6% during the third quarter. CHICAGO TRUST Co NA now owns 5,821 shares of the semiconductor company's stock worth $1,626,000 after buying an additional 462 shares during the last quarter. First Bank & Trust increased its position in Taiwan Semiconductor Manufacturing by 3.9% during the third quarter. First Bank & Trust now owns 4,525 shares of the semiconductor company's stock worth $1,264,000 after buying an additional 168 shares during the last quarter. Navigoe LLC acquired a new position in Taiwan Semiconductor Manufacturing during the third quarter worth approximately $42,000. Finally, Spinnaker Investment Group LLC acquired a new position in Taiwan Semiconductor Manufacturing during the third quarter worth approximately $253,000. Institutional investors and hedge funds own 16.51% of the company's stock.

About Taiwan Semiconductor Manufacturing

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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