Connable Office Inc. Reduces Stock Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Connable Office Inc. lowered its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 6.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 10,359 shares of the semiconductor company’s stock after selling 768 shares during the period. Connable Office Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $2,346,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Lynwood Price Capital Management LP purchased a new position in Taiwan Semiconductor Manufacturing during the second quarter valued at $3,737,000. Bridgewater Advisors Inc. lifted its position in Taiwan Semiconductor Manufacturing by 2.9% during the second quarter. Bridgewater Advisors Inc. now owns 19,116 shares of the semiconductor company’s stock valued at $4,613,000 after buying an additional 530 shares during the period. Peregrine Asset Advisers Inc. purchased a new position in Taiwan Semiconductor Manufacturing during the second quarter valued at $237,000. Freestone Capital Holdings LLC lifted its position in Taiwan Semiconductor Manufacturing by 6.8% during the second quarter. Freestone Capital Holdings LLC now owns 4,649 shares of the semiconductor company’s stock valued at $1,053,000 after buying an additional 297 shares during the period. Finally, Wellington Shields Capital Management LLC lifted its position in Taiwan Semiconductor Manufacturing by 1,108.7% during the second quarter. Wellington Shields Capital Management LLC now owns 27,196 shares of the semiconductor company’s stock valued at $6,160,000 after buying an additional 24,946 shares during the period. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

NYSE TSM opened at $304.73 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $134.25 and a one year high of $311.37. The stock has a 50-day moving average of $275.64 and a 200 day moving average of $234.34. The company has a market capitalization of $1.58 trillion, a price-to-earnings ratio of 31.25, a PEG ratio of 1.02 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:TSM) last released its quarterly earnings data on Thursday, October 16th. The semiconductor company reported $2.92 EPS for the quarter, topping the consensus estimate of $2.59 by $0.33. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The company had revenue of $32.36 billion during the quarter, compared to the consensus estimate of $951.89 billion. During the same period last year, the company earned $1.94 EPS. Taiwan Semiconductor Manufacturing’s revenue for the quarter was up 40.1% on a year-over-year basis. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. On average, sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be given a dividend of $0.8348 per share. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.1%. 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. Taiwan Semiconductor Manufacturing’s payout ratio is presently 26.97%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Itau BBA Securities assumed coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They set an “outperform” rating for the company. Citigroup restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 17th. Susquehanna raised their price target on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a “positive” rating in a report on Friday, October 10th. Weiss Ratings upgraded Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. Finally, Wall Street Zen downgraded Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday. Six research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target 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.