Westwood Holdings Group Inc. trimmed its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 5.1% during the second quarter, HoldingsChannel.com reports. The firm owned 123,190 shares of the semiconductor company’s stock after selling 6,626 shares during the quarter. Westwood Holdings Group Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $27,901,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the company. MJP Associates Inc. ADV lifted its position in Taiwan Semiconductor Manufacturing by 68.8% during the second quarter. MJP Associates Inc. ADV now owns 5,335 shares of the semiconductor company’s stock valued at $1,208,000 after buying an additional 2,175 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 7.4% during the 2nd quarter. Cetera Investment Advisers now owns 554,607 shares of the semiconductor company’s stock valued at $125,613,000 after acquiring an additional 38,421 shares in the last quarter. Creative Planning boosted its position in Taiwan Semiconductor Manufacturing by 6.8% during the 2nd quarter. Creative Planning now owns 532,247 shares of the semiconductor company’s stock worth $120,549,000 after purchasing an additional 33,963 shares during the period. Capco Asset Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $82,000. Finally, Meridian Wealth Management LLC raised its position in Taiwan Semiconductor Manufacturing by 6.4% in the second quarter. Meridian Wealth Management LLC now owns 27,033 shares of the semiconductor company’s stock valued at $6,123,000 after purchasing an additional 1,617 shares during the period. Hedge funds and other institutional investors own 16.51% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on TSM. Itau BBA Securities started coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They issued an “outperform” rating for the company. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 1st. Citigroup restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 17th. Susquehanna boosted their target price on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a “positive” rating in a research report on Friday, October 10th. Finally, Barclays upped their target price on shares of Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $371.67.
Taiwan Semiconductor Manufacturing Stock Up 0.9%
TSM stock opened at $284.79 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $311.37. 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 capitalization of $1.48 trillion, a P/E ratio of 29.21, a PEG ratio of 1.02 and a beta of 1.31. The firm has a 50 day simple moving average of $285.44 and a 200-day simple moving average of $242.07.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last posted its quarterly earnings results on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.33. The firm had revenue of $32.36 billion for the quarter, compared to analysts’ expectations of $951.89 billion. Taiwan Semiconductor Manufacturing had a net margin of 43.72% and a return on equity of 36.06%. The firm’s quarterly revenue was up 40.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.94 earnings per share. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. On average, equities 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, April 9th. Investors of record on Tuesday, March 17th will be issued a $0.9678 dividend. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.83. This represents a $3.87 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, March 17th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 26.97%.
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.
Featured Stories
- Five stocks we like better than Taiwan Semiconductor Manufacturing
- P/E Ratio Calculation: How to Assess Stocks
- Disney Stock Drops—Will Earnings Pave Way for a YouTube TV Truce?
- The Risks of Owning Bonds
- Meta’s Pain May Be Your Gain: Is This a Rare Buying Window?
- What Are Growth Stocks and Investing in Them
- 3 Under-the-Radar AI Stocks to Buy on the Dip
Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report).
Receive News & Ratings for Taiwan Semiconductor Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter.
