Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Renaissance Group LLC

Renaissance Group LLC lessened its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 1.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 47,307 shares of the semiconductor company’s stock after selling 903 shares during the period. Renaissance Group LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $10,715,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 20.9% in the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company’s stock valued at $2,159,000 after purchasing an additional 1,892 shares during the period. Mutual of America Capital Management LLC acquired a new position in Taiwan Semiconductor Manufacturing in the 1st quarter valued at about $6,344,000. J.W. Cole Advisors Inc. grew its stake in shares of Taiwan Semiconductor Manufacturing by 143.7% in the 1st quarter. J.W. Cole Advisors Inc. now owns 18,385 shares of the semiconductor company’s stock valued at $3,052,000 after buying an additional 10,842 shares during the period. Hazlett Burt & Watson Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 67.3% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 624 shares of the semiconductor company’s stock worth $102,000 after buying an additional 251 shares during the last quarter. Finally, Crestwood Advisors Group LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 16.5% during the 1st quarter. Crestwood Advisors Group LLC now owns 5,603 shares of the semiconductor company’s stock valued at $930,000 after buying an additional 795 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Down 1.3%

Shares of TSM opened at $278.21 on Wednesday. The company’s 50-day simple moving average is $286.69 and its 200-day simple moving average is $244.07. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37. 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 capitalization of $1.44 trillion, a PE ratio of 28.53, a P/E/G ratio of 1.02 and a beta of 1.31.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its 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. 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 firm’s revenue for the quarter was up 40.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.94 EPS. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. Analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Tuesday, March 17th will be paid a $0.9678 dividend. The ex-dividend date is Tuesday, March 17th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.83. This represents a $3.87 annualized dividend and a dividend yield of 1.4%. Taiwan Semiconductor Manufacturing’s payout ratio is 26.97%.

Analyst Ratings Changes

TSM has been the subject of several analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $360.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, October 27th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, November 13th. Susquehanna raised their price objective 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. Barclays upped their target price on shares of Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an “overweight” rating in a research report on Friday, October 17th. Finally, Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 17th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing 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.