Hazlett Burt & Watson Inc. Sells 77 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Hazlett Burt & Watson Inc. reduced its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 12.3% in the second quarter, HoldingsChannel reports. The firm owned 547 shares of the semiconductor company’s stock after selling 77 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $123,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the company. Yarger Wealth Strategies LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 17.2% during the 2nd quarter. Yarger Wealth Strategies LLC now owns 1,689 shares of the semiconductor company’s stock valued at $383,000 after purchasing an additional 248 shares during the period. Clarendon Private LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 84.8% during the 2nd quarter. Clarendon Private LLC now owns 2,745 shares of the semiconductor company’s stock valued at $622,000 after purchasing an additional 1,260 shares during the period. Mitchell Sinkler & Starr PA bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter valued at about $329,000. LRI Investments LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 45.3% during the 2nd quarter. LRI Investments LLC now owns 2,793 shares of the semiconductor company’s stock valued at $633,000 after purchasing an additional 871 shares during the period. Finally, Valley Brook Capital Group Inc. grew its stake in shares of Taiwan Semiconductor Manufacturing by 26.8% during the 2nd quarter. Valley Brook Capital Group Inc. now owns 2,751 shares of the semiconductor company’s stock valued at $623,000 after purchasing an additional 582 shares during the period. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Stock Up 8.0%

NYSE TSM opened at $303.14 on Tuesday. The stock’s 50 day moving average is $257.20 and its 200 day moving average is $218.72. 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 Company Ltd. has a 12 month low of $134.25 and a 12 month high of $307.30. The stock has a market cap of $1.57 trillion, a PE ratio of 34.57, a P/E/G ratio of 1.34 and a beta of 1.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates 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 company 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 firm earned $1.48 EPS. The firm’s revenue was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm 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 $0.8348 dividend. The ex-dividend date of this dividend is Thursday, December 11th. 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. Taiwan Semiconductor Manufacturing’s payout ratio is presently 29.65%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on TSM. Itau BBA Securities initiated coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, October 7th. They set an “outperform” rating for the company. Needham & Company LLC reaffirmed a “buy” rating and set a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 8th. Susquehanna lifted their price objective on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a “positive” rating in a research report on Friday. Finally, Barclays lifted their price objective on Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the company an “overweight” rating in a research report on Thursday. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of “Moderate Buy” and a consensus target price of $333.33.

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.