Taiwan Semiconductor Manufacturing (NYSE:TSM) Trading Down 1.7% – What’s Next?

Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) were down 1.7% during trading on Thursday . The company traded as low as $276.41 and last traded at $277.65. Approximately 15,415,363 shares changed hands during trading, an increase of 7% from the average daily volume of 14,401,321 shares. The stock had previously closed at $282.37.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Susquehanna lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the company a “positive” rating in a research note on Friday, October 10th. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 1st. Itau BBA Securities assumed coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, October 7th. They issued an “outperform” rating for the company. Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 17th. Finally, Barclays raised their target price on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the stock an “overweight” rating in a research note on Friday, October 17th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $371.67.

Taiwan Semiconductor Manufacturing Trading Down 1.7%

The company has a debt-to-equity ratio of 0.20, a current ratio of 2.37 and a quick ratio of 2.15. The stock has a market cap of $1.44 trillion, a P/E ratio of 28.48, a PEG ratio of 1.02 and a beta of 1.31. The firm’s fifty day moving average price is $287.14 and its two-hundred day moving average price is $244.34.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Thursday, October 16th. The semiconductor company reported $2.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.33. The company had revenue of $32.36 billion during the quarter, compared to analyst estimates of $951.89 billion. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The firm’s quarterly revenue was up 40.1% on a year-over-year basis. During the same quarter last year, the company earned $1.94 earnings per share. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Tuesday, March 17th will be issued a dividend of $0.9678 per share. The ex-dividend date of this dividend is Tuesday, March 17th. This is a positive change 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 presently 26.97%.

Institutional Investors Weigh In On Taiwan Semiconductor Manufacturing

Several hedge funds have recently bought and sold shares of the stock. Ariadne Wealth Management LP increased its holdings in shares of Taiwan Semiconductor Manufacturing by 3.6% in the 3rd quarter. Ariadne Wealth Management LP now owns 2,936 shares of the semiconductor company’s stock worth $829,000 after buying an additional 102 shares during the last quarter. WBI Investments LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter worth $450,000. Old North State Trust LLC grew its position in Taiwan Semiconductor Manufacturing by 10.6% in the third quarter. Old North State Trust LLC now owns 7,806 shares of the semiconductor company’s stock worth $2,180,000 after acquiring an additional 748 shares in the last quarter. Centaurus Financial Inc. increased its stake in Taiwan Semiconductor Manufacturing by 12.0% in the third quarter. Centaurus Financial Inc. now owns 25,462 shares of the semiconductor company’s stock valued at $7,111,000 after acquiring an additional 2,736 shares during the last quarter. Finally, First Affirmative Financial Network raised its position in Taiwan Semiconductor Manufacturing by 3.0% during the third quarter. First Affirmative Financial Network now owns 11,475 shares of the semiconductor company’s stock valued at $3,205,000 after purchasing an additional 335 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Company Profile

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.