Pittenger & Anderson Inc. Decreases Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Pittenger & Anderson Inc. cut its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 0.2% during the second quarter, HoldingsChannel reports. The firm owned 77,017 shares of the semiconductor company’s stock after selling 142 shares during the quarter. Pittenger & Anderson Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $17,444,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Phoenix Financial Ltd. lifted its position in shares of Taiwan Semiconductor Manufacturing by 4.3% during the 2nd quarter. Phoenix Financial Ltd. now owns 465,350 shares of the semiconductor company’s stock worth $105,464,000 after purchasing an additional 19,272 shares during the last quarter. Avidian Wealth Enterprises LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 7.9% during the 2nd quarter. Avidian Wealth Enterprises LLC now owns 7,428 shares of the semiconductor company’s stock worth $1,682,000 after buying an additional 546 shares during the last quarter. Journey Advisory Group LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 228.9% during the 2nd quarter. Journey Advisory Group LLC now owns 19,916 shares of the semiconductor company’s stock worth $4,511,000 after acquiring an additional 13,861 shares in the last quarter. Financial Perspectives Inc increased its holdings in shares of Taiwan Semiconductor Manufacturing by 12.0% in the 2nd quarter. Financial Perspectives Inc now owns 35,512 shares of the semiconductor company’s stock valued at $8,043,000 after acquiring an additional 3,793 shares during the last quarter. Finally, Drive Wealth Management LLC lifted its stake in Taiwan Semiconductor Manufacturing by 2.6% during the second quarter. Drive Wealth Management LLC now owns 5,227 shares of the semiconductor company’s stock worth $1,188,000 after purchasing an additional 133 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE:TSM opened at $297.92 on Tuesday. The firm’s fifty day moving average price is $263.28 and its 200 day moving average price is $223.51. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $134.25 and a 1-year high of $311.37. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15. The firm has a market cap of $1.55 trillion, a price-to-earnings ratio of 30.56, a price-to-earnings-growth ratio of 1.02 and a beta of 1.28.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, October 16th. The semiconductor company reported $2.92 EPS for the quarter, topping the consensus estimate of $2.59 by $0.33. The company had revenue of $32.36 billion during 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 business’s revenue was up 40.1% on a year-over-year basis. During the same quarter last year, the business earned $1.94 EPS. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. On average, sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be given a dividend of $0.8348 per share. This represents a $3.34 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, December 11th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing’s payout ratio is presently 26.67%.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, October 8th. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday. Itau BBA Securities initiated coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They issued an “outperform” rating for the company. Susquehanna lifted their price target on 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 boosted their price objective on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an “overweight” rating in a research note on Friday. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $371.67.

About Taiwan Semiconductor Manufacturing

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.