Marest Capital LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) during the second quarter, Holdings Channel reports. The institutional investor purchased 2,001 shares of the semiconductor company’s stock, valued at approximately $453,000. Taiwan Semiconductor Manufacturing makes up approximately 0.4% of Marest Capital LLC’s portfolio, making the stock its 11th biggest position.
A number of other hedge funds and other institutional investors have also made changes to their positions in TSM. Brighton Jones LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 20.9% during the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company’s stock worth $2,159,000 after buying an additional 1,892 shares in the last quarter. Brookstone Capital Management boosted its position in Taiwan Semiconductor Manufacturing by 13.4% during the first quarter. Brookstone Capital Management now owns 8,437 shares of the semiconductor company’s stock valued at $1,400,000 after purchasing an additional 995 shares in the last quarter. Strategic Blueprint LLC boosted its position in Taiwan Semiconductor Manufacturing by 38.7% during the first quarter. Strategic Blueprint LLC now owns 3,166 shares of the semiconductor company’s stock valued at $526,000 after purchasing an additional 884 shares in the last quarter. Capital Investment Advisory Services LLC boosted its position in Taiwan Semiconductor Manufacturing by 11.6% during the first quarter. Capital Investment Advisory Services LLC now owns 4,226 shares of the semiconductor company’s stock valued at $701,000 after purchasing an additional 438 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its position in Taiwan Semiconductor Manufacturing by 24.1% during the first quarter. Concurrent Investment Advisors LLC now owns 19,152 shares of the semiconductor company’s stock valued at $3,179,000 after purchasing an additional 3,724 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the company. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 17th. Itau BBA Securities assumed coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They set an “outperform” rating on the stock. Susquehanna raised 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, October 10th. Wall Street Zen downgraded Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, Barclays raised their price objective on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $371.67.
Taiwan Semiconductor Manufacturing Trading Up 1.4%
Taiwan Semiconductor Manufacturing stock opened at $304.73 on Tuesday. The stock has a 50-day moving average of $275.64 and a two-hundred day moving average of $234.34. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $134.25 and a one year high of $311.37. The stock has a market cap of $1.58 trillion, a PE ratio of 31.25, a price-to-earnings-growth ratio of 1.02 and a beta of 1.28.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last released its quarterly earnings results on Thursday, October 16th. The semiconductor company reported $2.92 EPS for the quarter, beating analysts’ consensus estimates of $2.59 by $0.33. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The company had revenue of $32.36 billion during the quarter, compared to analysts’ expectations of $951.89 billion. During the same period last year, the business posted $1.94 earnings per share. The firm’s revenue was up 40.1% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. On average, research analysts anticipate 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. Shareholders of record on Thursday, December 11th will be paid a $0.8348 dividend. 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 is Thursday, December 11th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 26.97%.
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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