Taiwan Semiconductor Manufacturing (NYSE:TSM) Shares Up 3.2% – Time to Buy?

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) shot up 3.2% during trading on Monday . The company traded as high as $297.13 and last traded at $295.66. 10,715,725 shares were traded during trading, a decline of 26% from the average session volume of 14,502,217 shares. The stock had previously closed at $286.50.

Wall Street Analyst Weigh In

TSM has been the topic of several research analyst reports. Susquehanna raised their target price on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a “positive” rating in a research report on Friday, October 10th. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 17th. Barclays lifted 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. Needham & Company LLC restated a “buy” rating and set a $360.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Monday, October 27th. Finally, Itau BBA Securities assumed coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They issued an “outperform” rating on the stock. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of “Moderate Buy” and an average price target of $371.67.

Taiwan Semiconductor Manufacturing Stock Up 3.2%

The firm has a market cap of $1.53 trillion, a P/E ratio of 30.32, a P/E/G ratio of 1.02 and a beta of 1.31. The business’s fifty day moving average price is $279.96 and its two-hundred day moving average price is $238.24. 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 posted 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 firm had revenue of $32.36 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 40.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.94 earnings per share. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. As a group, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current 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 given a dividend of $0.8348 per share. The ex-dividend date of this dividend is Thursday, December 11th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. This represents a $3.34 dividend on an annualized basis and a yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 26.97%.

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

Institutional investors have recently modified their holdings of the company. North Star Asset Management Inc. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 21.0% in the third quarter. North Star Asset Management Inc. now owns 1,416 shares of the semiconductor company’s stock worth $395,000 after buying an additional 246 shares during the last quarter. KDT Advisors LLC raised its holdings in Taiwan Semiconductor Manufacturing by 6.6% in the 3rd quarter. KDT Advisors LLC now owns 2,015 shares of the semiconductor company’s stock worth $563,000 after acquiring an additional 125 shares during the period. Zhang Financial LLC lifted its position in Taiwan Semiconductor Manufacturing by 78.3% during the 3rd quarter. Zhang Financial LLC now owns 1,660 shares of the semiconductor company’s stock worth $464,000 after acquiring an additional 729 shares during the last quarter. Prestige Wealth Management Group LLC lifted its position in Taiwan Semiconductor Manufacturing by 5.4% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 2,584 shares of the semiconductor company’s stock worth $724,000 after acquiring an additional 132 shares during the last quarter. Finally, TigerOak Management L.L.C. boosted its holdings in Taiwan Semiconductor Manufacturing by 31.9% during the third quarter. TigerOak Management L.L.C. now owns 1,314 shares of the semiconductor company’s stock valued at $367,000 after acquiring an additional 318 shares during the period. Institutional investors own 16.51% of the company’s stock.

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.