Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Bought by Richards Merrill & Peterson Inc.

Richards Merrill & Peterson Inc. lifted its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSMFree Report) by 2.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,383 shares of the semiconductor company’s stock after acquiring an additional 50 shares during the period. Richards Merrill & Peterson Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $540,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of TSM. Alliance Wealth Advisors LLC raised its position in Taiwan Semiconductor Manufacturing by 2.4% during the 2nd quarter. Alliance Wealth Advisors LLC now owns 1,815 shares of the semiconductor company’s stock worth $411,000 after buying an additional 43 shares during the last quarter. Pflug Koory LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 3.9% in the second quarter. Pflug Koory LLC now owns 1,133 shares of the semiconductor company’s stock valued at $257,000 after acquiring an additional 43 shares in the last quarter. Frazier Financial Advisors LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 9.1% during the second quarter. Frazier Financial Advisors LLC now owns 517 shares of the semiconductor company’s stock worth $117,000 after acquiring an additional 43 shares during the period. Liberty One Investment Management LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 4.3% in the 2nd quarter. Liberty One Investment Management LLC now owns 1,076 shares of the semiconductor company’s stock valued at $244,000 after purchasing an additional 44 shares in the last quarter. Finally, Westmount Partners LLC increased its position in Taiwan Semiconductor Manufacturing by 2.2% during the 2nd quarter. Westmount Partners LLC now owns 2,126 shares of the semiconductor company’s stock worth $481,000 after purchasing an additional 45 shares during the period. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on TSM. Needham & Company LLC lifted their price target on Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the company a “buy” rating in a research note on Thursday, October 16th. Weiss Ratings upgraded shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Barclays increased their price target on shares of Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an “overweight” rating in a report on Friday, October 17th. Itau BBA Securities began coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, October 7th. They set an “outperform” rating on the stock. Finally, Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 18th. Six research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $371.67.

Read Our Latest Analysis on TSM

Taiwan Semiconductor Manufacturing Trading Up 1.5%

Shares of TSM opened at $295.22 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $134.25 and a 1-year high of $311.37. The stock has a market cap of $1.53 trillion, a price-to-earnings ratio of 30.28, a price-to-earnings-growth ratio of 0.98 and a beta of 1.28. The firm has a 50 day simple moving average of $267.36 and a 200-day simple moving average of $226.51.

Taiwan Semiconductor Manufacturing (NYSE:TSMGet Free Report) last released its quarterly earnings results on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $951.89 billion. During the same quarter last year, the business posted $1.94 earnings per share. Taiwan Semiconductor Manufacturing’s revenue was up 40.1% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. Equities analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be given a $0.8348 dividend. This is a boost 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 1.1%. The ex-dividend date of this dividend is Thursday, December 11th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 26.97%.

Taiwan Semiconductor Manufacturing Company Profile

(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.

See Also

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

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