Cidel Asset Management Inc. Buys 513 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Cidel Asset Management Inc. increased its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 14.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,981 shares of the semiconductor company’s stock after purchasing an additional 513 shares during the period. Cidel Asset Management Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $902,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. 1248 Management LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the first quarter worth approximately $28,000. Graybill Wealth Management LTD. bought a new position in shares of Taiwan Semiconductor Manufacturing in the first quarter worth approximately $33,000. Vision Financial Markets LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the first quarter worth approximately $33,000. Keener Financial Planning LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the first quarter worth approximately $39,000. Finally, Hemington Wealth Management increased its position in shares of Taiwan Semiconductor Manufacturing by 78.2% in the first quarter. Hemington Wealth Management now owns 253 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 111 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

TSM opened at $295.37 on Monday. The stock has a fifty day simple moving average of $262.16 and a two-hundred day simple moving average of $222.45. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20. The company has a market cap of $1.53 trillion, a price-to-earnings ratio of 30.29, a price-to-earnings-growth ratio of 1.02 and a beta of 1.28. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $134.25 and a 12-month high of $311.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.33. The business had revenue of $32.36 billion during the quarter, compared to the consensus estimate of $951.89 billion. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The firm’s quarterly revenue was up 40.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.94 earnings per share. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. Research analysts predict 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 disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be issued a $0.8348 dividend. This represents a $3.34 dividend on an annualized basis and a yield of 1.1%. This is a positive change 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 currently 26.67%.

Analyst Ratings Changes

TSM has been the subject of several research reports. 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. Barclays upped their target price on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the stock an “overweight” rating in a research note on Friday. Needham & Company LLC upped their target price on Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the stock a “buy” rating in a research note on Thursday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 8th. Finally, Wall Street Zen raised Taiwan Semiconductor Manufacturing from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Five research 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.com, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Moderate Buy” and an average target price of $371.67.

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.