Cyndeo Wealth Partners LLC Sells 1,675 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Cyndeo Wealth Partners LLC lowered its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSMFree Report) by 2.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 66,938 shares of the semiconductor company’s stock after selling 1,675 shares during the quarter. Taiwan Semiconductor Manufacturing makes up approximately 0.9% of Cyndeo Wealth Partners LLC’s holdings, making the stock its 28th biggest holding. Cyndeo Wealth Partners LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $15,161,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. 1248 Management LLC bought a new stake in Taiwan Semiconductor Manufacturing during the 1st quarter worth about $28,000. Signature Resources Capital Management LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 138.8% in the 1st 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 last quarter. Graybill Wealth Management LTD. bought a new position in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at about $33,000. Vision Financial Markets LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at about $33,000. Finally, Keener Financial Planning LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at about $39,000. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock opened at $299.90 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37. The company has a market capitalization of $1.56 trillion, a P/E ratio of 34.20, a price-to-earnings-growth ratio of 1.45 and a beta of 1.28. The company’s 50 day moving average price is $255.00 and its two-hundred day moving average price is $216.42. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $134.25 and a 52 week high of $307.30.

Taiwan Semiconductor Manufacturing (NYSE:TSMGet Free Report) last announced its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.13 by $0.34. The firm had revenue of $30.07 billion for the quarter, compared to the consensus estimate of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The business’s quarterly revenue was up 44.4% on a year-over-year basis. During the same period last year, the company posted $1.48 EPS. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, analysts expect 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. Shareholders of record on Thursday, December 11th will be issued a dividend of $0.8348 per share. This is an increase 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 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 29.99%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Sunday, August 31st. Needham & Company LLC reaffirmed a “buy” rating and issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, July 17th. Itau BBA Securities assumed coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday. They issued an “outperform” rating on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday. Finally, Barclays raised their target price on shares of Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the company an “overweight” rating in a research note on Thursday. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $288.33.

Read Our Latest Stock Analysis on Taiwan Semiconductor Manufacturing

About Taiwan Semiconductor Manufacturing

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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