Wilmington Savings Fund Society FSB Sells 2,911 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Wilmington Savings Fund Society FSB cut its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 8.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 29,621 shares of the semiconductor company’s stock after selling 2,911 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Taiwan Semiconductor Manufacturing were worth $6,709,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. 1248 Management LLC bought a new position in Taiwan Semiconductor Manufacturing in the 1st quarter valued at approximately $28,000. Graybill Wealth Management LTD. purchased a new stake in Taiwan Semiconductor Manufacturing during the 1st quarter valued at $33,000. Vision Financial Markets LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the 1st quarter valued at $33,000. Keener Financial Planning LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the 1st quarter valued at $39,000. Finally, Hemington Wealth Management raised its stake in Taiwan Semiconductor Manufacturing by 78.2% during the 1st quarter. Hemington Wealth Management now owns 253 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 111 shares during the last quarter. 16.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TSM has been the subject of a number of research reports. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Sunday, August 31st. Susquehanna boosted their target price 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. Barclays boosted their target price 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. Needham & Company LLC restated a “buy” rating and issued a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Finally, Itau BBA Securities initiated coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, October 7th. They issued an “outperform” rating for the company. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $333.33.

Taiwan Semiconductor Manufacturing Trading Down 2.4%

Shares of Taiwan Semiconductor Manufacturing stock opened at $295.62 on Wednesday. The company has a market capitalization of $1.53 trillion, a P/E ratio of 33.71, a P/E/G ratio of 1.45 and a beta of 1.28. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37. The company has a fifty day moving average of $258.46 and a 200 day moving average of $219.25. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $134.25 and a fifty-two week high of $307.30.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its 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. The company had revenue of $30.07 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 44.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced 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 annualized dividend and a yield of 1.1%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing’s payout ratio is currently 29.65%.

Taiwan Semiconductor Manufacturing 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.