Bank Julius Baer & Co. Ltd Zurich Has $13.57 Million Stake in Tower Semiconductor Ltd. $TSEM

Posted by Brian Himes on May 15th, 2026

Bank Julius Baer & Co. Ltd Zurich reduced its stake in shares of Tower Semiconductor Ltd. (NASDAQ:TSEM – Free Report) by 9.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 113,707 shares of the semiconductor company’s stock after selling 11,194 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in Tower Semiconductor were worth $13,566,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of TSEM. Mackenzie Financial Corp increased its stake in Tower Semiconductor by 2.6% in the third quarter. Mackenzie Financial Corp now owns 5,053 shares of the semiconductor company’s stock valued at $359,000 after purchasing an additional 127 shares in the last quarter. Evergreen Capital Management LLC grew its holdings in shares of Tower Semiconductor by 2.6% in the 4th quarter. Evergreen Capital Management LLC now owns 5,118 shares of the semiconductor company’s stock valued at $601,000 after buying an additional 131 shares during the period. Mariner LLC grew its holdings in shares of Tower Semiconductor by 2.4% in the 3rd quarter. Mariner LLC now owns 8,815 shares of the semiconductor company’s stock valued at $637,000 after buying an additional 207 shares during the period. Westside Investment Management Inc. increased its position in shares of Tower Semiconductor by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 452 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 226 shares in the last quarter. Finally, USA Financial Formulas bought a new stake in shares of Tower Semiconductor in the 4th quarter valued at $27,000. 70.51% of the stock is currently owned by institutional investors and hedge funds.

Tower Semiconductor Stock Performance

Shares of Tower Semiconductor stock opened at $280.69 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 6.48 and a quick ratio of 5.51. The firm has a market cap of $31.56 billion, a price-to-earnings ratio of 130.55 and a beta of 0.85. The stock’s 50-day moving average is $186.10 and its 200-day moving average is $140.99. Tower Semiconductor Ltd. has a one year low of $37.48 and a one year high of $283.46.

Tower Semiconductor (NASDAQ:TSEM – Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The semiconductor company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.01. Tower Semiconductor had a return on equity of 8.65% and a net margin of 15.13%.The business had revenue of $413.63 million during the quarter, compared to the consensus estimate of $410.72 million. During the same period last year, the company earned $0.35 earnings per share. Tower Semiconductor’s quarterly revenue was up 15.5% on a year-over-year basis. Equities analysts predict that Tower Semiconductor Ltd. will post 2.64 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have weighed in on TSEM shares. Wedbush lifted their target price on Tower Semiconductor from $140.00 to $300.00 and gave the stock a “neutral” rating in a report on Thursday. Barclays increased their price target on Tower Semiconductor from $114.00 to $142.00 and gave the stock an “equal weight” rating in a report on Friday, February 13th. Benchmark lifted their price objective on Tower Semiconductor from $230.00 to $335.00 and gave the company a “buy” rating in a report on Thursday. Finally, Susquehanna boosted their price objective on Tower Semiconductor from $180.00 to $330.00 and gave the company a “positive” rating in a research report on Thursday. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $276.75.

Read Our Latest Stock Report on TSEM

Tower Semiconductor News Summary

Here are the key news stories impacting Tower Semiconductor this week:

Positive Sentiment: Tower beat Q1 earnings and revenue expectations, with EPS of $0.57 to $0.65 versus about $0.56 expected and revenue of $413.6 million, up 15.5% year over year, which reinforced confidence in the company’s operating momentum.
Positive Sentiment: The company raised its Q2 outlook, guiding revenue to $432.3 million-$477.8 million, signaling management expects continued demand strength into the current quarter.
Positive Sentiment: Tower announced $1.3 billion in Silicon Photonics contracts for 2027 and $290 million in customer prepayments, a significant long-term revenue signal that suggests strong customer commitment and visibility. Reuters article on $1.3 billion AI chip deals
Positive Sentiment: Investor enthusiasm has been boosted by AI-related demand, especially in silicon photonics and optical connectivity for data centers, which is helping drive a more constructive outlook for Tower’s growth and margins. Benzinga article on AI tailwinds
Neutral Sentiment: Wedbush raised its price target sharply from $140 to $300 but kept a neutral rating, suggesting the stock’s valuation may already reflect much of the near-term good news.

Tower Semiconductor Profile

(Free Report)

Tower Semiconductor, traded on NASDAQ under the symbol TSEM, is a specialty foundry company that provides analog and mixed-signal semiconductor manufacturing services to a broad array of customers worldwide. The company focuses on delivering tailored process technologies for high-growth markets, including radio frequency (RF), power management, imaging, automotive electronics, and Internet of Things (IoT) applications. By combining deep process know-how with flexible manufacturing capabilities, Tower Semiconductor supports the development and volume production of advanced semiconductor devices for fabless and integrated device manufacturer customers.

The company’s technology portfolio spans standard and specialty processes such as CMOS, BiCMOS, high-voltage, radio frequency, silicon photonics, micro-electromechanical systems (MEMS) and image sensor production.