Tower Semiconductor Ltd. $TSEM Shares Sold by Boston Partners

Boston Partners trimmed its position in shares of Tower Semiconductor Ltd. (NASDAQ:TSEM) by 64.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 207,489 shares of the semiconductor company’s stock after selling 379,237 shares during the quarter. Boston Partners owned 0.19% of Tower Semiconductor worth $8,997,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. TCTC Holdings LLC boosted its stake in shares of Tower Semiconductor by 117.9% in the first quarter. TCTC Holdings LLC now owns 706 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 382 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in Tower Semiconductor during the 1st quarter worth approximately $39,000. Headlands Technologies LLC purchased a new position in Tower Semiconductor in the 1st quarter valued at approximately $75,000. Blue Trust Inc. grew its stake in shares of Tower Semiconductor by 14.8% in the second quarter. Blue Trust Inc. now owns 1,764 shares of the semiconductor company’s stock worth $76,000 after acquiring an additional 227 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Tower Semiconductor in the second quarter worth $228,000. 70.51% of the stock is currently owned by hedge funds and other institutional investors.

Tower Semiconductor Stock Performance

Shares of TSEM opened at $99.09 on Friday. The company has a market capitalization of $10.98 billion, a price-to-earnings ratio of 56.95 and a beta of 0.94. Tower Semiconductor Ltd. has a 52-week low of $28.64 and a 52-week high of $106.74. The company has a quick ratio of 5.50, a current ratio of 6.57 and a debt-to-equity ratio of 0.05. The stock has a 50 day moving average price of $75.65 and a 200 day moving average price of $55.63.

Tower Semiconductor (NASDAQ:TSEM) last issued its quarterly earnings data on Monday, November 10th. The semiconductor company reported $0.55 earnings per share for the quarter, hitting the consensus estimate of $0.55. Tower Semiconductor had a net margin of 13.20% and a return on equity of 7.37%. The business had revenue of $395.67 million during the quarter, compared to the consensus estimate of $394.98 million. During the same quarter in the previous year, the firm earned $0.57 EPS. The company’s revenue was up 6.9% compared to the same quarter last year. Tower Semiconductor has set its Q4 2025 guidance at EPS. Research analysts predict that Tower Semiconductor Ltd. will post 1.67 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently issued reports on TSEM. Susquehanna lifted their target price on Tower Semiconductor from $100.00 to $135.00 and gave the company a “positive” rating in a report on Tuesday. Benchmark increased their price target on Tower Semiconductor from $73.00 to $120.00 and gave the company a “buy” rating in a research report on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Tower Semiconductor in a research note on Wednesday, October 8th. Wedbush upped their target price on shares of Tower Semiconductor from $85.00 to $125.00 and gave the stock an “outperform” rating in a research note on Tuesday. Finally, Barclays raised their target price on shares of Tower Semiconductor from $74.00 to $97.00 and gave the company an “equal weight” rating in a report on Tuesday. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Tower Semiconductor presently has an average rating of “Moderate Buy” and an average target price of $119.25.

About Tower Semiconductor

Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS.