Wilmington Savings Fund Society FSB Sells 2,911 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Wilmington Savings Fund Society FSB cut its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSMFree Report) by 8.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,621 shares of the semiconductor company’s stock after selling 2,911 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Taiwan Semiconductor Manufacturing were worth $6,709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the business. Founders Grove Wealth Partners LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter worth about $234,000. Perfromance Wealth Partners LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter worth about $273,000. Axxcess Wealth Management LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 14.2% in the second quarter. Axxcess Wealth Management LLC now owns 23,038 shares of the semiconductor company’s stock worth $5,195,000 after purchasing an additional 2,865 shares during the last quarter. Acorn Financial Advisory Services Inc. ADV bought a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter worth about $322,000. Finally, Jag Capital Management LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 5.2% in the second quarter. Jag Capital Management LLC now owns 44,925 shares of the semiconductor company’s stock worth $10,175,000 after purchasing an additional 2,229 shares during the last quarter. 16.51% of the stock is owned by institutional investors.

Analysts Set New Price Targets

TSM has been the topic of several research reports. Susquehanna lifted their price objective on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a “positive” rating in a research report on Friday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 8th. Barclays lifted their price objective on Taiwan Semiconductor Manufacturing from $325.00 to $330.00 and gave the company an “overweight” rating in a research report on Thursday, October 9th. Itau BBA Securities initiated coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They set an “outperform” rating on the stock. Finally, Wall Street Zen raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Sunday, August 31st. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Moderate Buy” and an average target price of $333.33.

Check Out Our Latest Analysis on TSM

Taiwan Semiconductor Manufacturing Price Performance

TSM stock opened at $295.62 on Wednesday. The firm has a 50 day moving average price of $258.46 and a 200-day moving average price of $219.25. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $134.25 and a 52-week high of $307.30. The firm has a market capitalization of $1.53 trillion, a price-to-earnings ratio of 33.71, a PEG ratio of 1.45 and a beta of 1.28. 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 (NYSE:TSMGet Free Report) last released its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.13 by $0.34. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The firm had revenue of $30.07 billion during the quarter, compared to analyst estimates of $28.50 billion. During the same period last year, the business earned $1.48 earnings per share. The business’s revenue was up 44.4% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be issued a dividend of $0.8348 per share. The ex-dividend date is Thursday, December 11th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. This represents a $3.34 annualized dividend and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 29.65%.

Taiwan Semiconductor Manufacturing Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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