Turn8 Private Wealth Inc. boosted its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 0.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,168 shares of the semiconductor company’s stock after buying an additional 168 shares during the period. Taiwan Semiconductor Manufacturing makes up about 2.4% of Turn8 Private Wealth Inc.’s holdings, making the stock its 23rd biggest position. Turn8 Private Wealth Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $3,016,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of TSM. City Holding Co. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 238.0% in the 1st quarter. City Holding Co. now owns 169 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 119 shares during the period. Signature Resources Capital Management LLC increased its stake in Taiwan Semiconductor Manufacturing by 138.8% in the 1st quarter. Signature Resources Capital Management LLC now owns 191 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 111 shares during the period. Graybill Wealth Management LTD. purchased a new stake in Taiwan Semiconductor Manufacturing in the 1st quarter worth approximately $33,000. Vision Financial Markets LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the 1st quarter worth approximately $33,000. Finally, Mpwm Advisory Solutions LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at $40,000. 16.51% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on TSM. Needham & Company LLC reiterated a “buy” rating and set a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, May 22nd. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Sunday, August 31st. Barclays reaffirmed an “overweight” rating and set a $240.00 price objective (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Finally, Susquehanna increased their price target on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a “positive” rating in a research note on Monday, July 14th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $258.33.
Taiwan Semiconductor Manufacturing Trading Up 3.8%
NYSE:TSM opened at $260.40 on Thursday. The company’s 50 day moving average is $237.62 and its 200-day moving average is $201.97. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $264.58. The firm has a market cap of $1.35 trillion, a price-to-earnings ratio of 29.69, a P/E/G ratio of 1.19 and a beta of 1.23.
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 (EPS) for the quarter, beating analysts’ consensus estimates of $2.13 by $0.34. The business had revenue of $30.07 billion for the quarter, compared to analyst estimates of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. Taiwan Semiconductor Manufacturing’s revenue was up 44.4% compared to the same quarter last year. During the same period last year, the business posted $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.
Taiwan Semiconductor Manufacturing Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be paid a $0.8348 dividend. The ex-dividend date is Thursday, December 11th. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.3%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 28.16%.
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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