Hardman Johnston Global Advisors LLC Sells 30,474 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Hardman Johnston Global Advisors LLC trimmed its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 8.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 349,781 shares of the semiconductor company’s stock after selling 30,474 shares during the period. Taiwan Semiconductor Manufacturing accounts for about 3.5% of Hardman Johnston Global Advisors LLC’s holdings, making the stock its 9th largest position. Hardman Johnston Global Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $79,222,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. City Holding Co. raised its holdings in Taiwan Semiconductor Manufacturing by 238.0% in the 1st quarter. City Holding Co. now owns 169 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 119 shares in the last quarter. 1248 Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $28,000. Signature Resources Capital Management LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 138.8% during the first quarter. Signature Resources Capital Management LLC now owns 191 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 111 shares during the period. Graybill Wealth Management LTD. bought a new stake in shares of Taiwan Semiconductor Manufacturing during the first quarter valued at approximately $33,000. Finally, Vision Financial Markets LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the first quarter worth $33,000. Institutional investors own 16.51% of the company’s stock.

Analyst Upgrades and Downgrades

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

Taiwan Semiconductor Manufacturing Stock Performance

NYSE:TSM opened at $288.24 on Friday. The firm has a 50 day moving average of $249.40 and a 200-day moving average of $212.21. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $296.72. The stock has a market capitalization of $1.49 trillion, a P/E ratio of 32.87, a price-to-earnings-growth ratio of 1.37 and a beta of 1.28. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.13 by $0.34. The firm had revenue of $30.07 billion during the quarter, compared to analysts’ expectations of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The business’s revenue was up 44.4% on a year-over-year basis. During the same period last year, the firm posted $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 11th will be given a dividend of $0.8348 per share. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. The ex-dividend date is Thursday, December 11th. This represents a $3.34 annualized dividend and a yield of 1.2%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 29.42%.

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.