Mattern Capital Management LLC Acquires 962 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Mattern Capital Management LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 19.6% in the second quarter, Holdings Channel.com reports. The fund owned 5,866 shares of the semiconductor company’s stock after purchasing an additional 962 shares during the period. Mattern Capital Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,329,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Ashton Thomas Securities LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the second quarter valued at approximately $434,000. Abacus Planning Group Inc. bought a new position in shares of Taiwan Semiconductor Manufacturing during the second quarter valued at approximately $245,000. Pacific Financial Group Inc. bought a new position in shares of Taiwan Semiconductor Manufacturing during the second quarter valued at approximately $447,000. Hilltop National Bank bought a new position in shares of Taiwan Semiconductor Manufacturing during the second quarter valued at approximately $3,721,000. Finally, OLD Second National Bank of Aurora raised its holdings in shares of Taiwan Semiconductor Manufacturing by 77.6% during the second quarter. OLD Second National Bank of Aurora now owns 412 shares of the semiconductor company’s stock valued at $93,000 after acquiring an additional 180 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Barclays upped their target price on Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an “overweight” rating in a report on Tuesday, September 16th. Susquehanna increased their price objective on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a “positive” rating in a report on Monday, July 14th. Needham & Company LLC reiterated a “buy” rating and issued a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Finally, Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Sunday, August 31st. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has an average rating of “Buy” and a consensus price target of $286.67.

Taiwan Semiconductor Manufacturing Price Performance

TSM opened at $288.24 on Friday. The stock has a fifty day simple moving average of $249.40 and a two-hundred day simple moving average of $212.21. 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 $1.49 trillion, a price-to-earnings ratio of 32.87, a price-to-earnings-growth ratio of 1.37 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 $296.72.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (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 business had revenue of $30.07 billion during the quarter, compared to the consensus estimate of $28.50 billion. During the same quarter in the prior year, the company earned $1.48 earnings per share. The firm’s quarterly 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 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced 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. This is an increase 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 1.2%. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing’s payout ratio is currently 29.42%.

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.