Taiwan Semiconductor Manufacturing Company Ltd. $TSM Position Lessened by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. cut its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 0.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 111,138 shares of the semiconductor company’s stock after selling 1,049 shares during the quarter. Taiwan Semiconductor Manufacturing comprises 3.0% of Cabot Wealth Management Inc.’s portfolio, making the stock its 6th largest holding. Cabot Wealth Management Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $25,172,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mid American Wealth Advisory Group Inc. purchased a new stake in Taiwan Semiconductor Manufacturing in the second quarter worth $33,000. 1248 Management LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the first quarter worth $28,000. Graybill Wealth Management LTD. purchased a new stake in Taiwan Semiconductor Manufacturing in the first quarter worth $33,000. Vision Financial Markets LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the first quarter worth $33,000. Finally, IMG Wealth Management Inc. grew its stake in Taiwan Semiconductor Manufacturing by 70.5% in the second quarter. IMG Wealth Management Inc. now owns 225 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 93 shares during the period. 16.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on TSM. Needham & Company LLC upped their price target on Taiwan Semiconductor Manufacturing from $270.00 to $360.00 and gave the stock a “buy” rating in a research note on Thursday, October 16th. Barclays upped their price target 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. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 18th. Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 17th. Finally, Itau BBA Securities began coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, October 7th. They issued an “outperform” rating on the stock. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $371.67.

Taiwan Semiconductor Manufacturing Trading Up 1.5%

NYSE TSM opened at $295.22 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $311.37. The stock has a market cap of $1.53 trillion, a P/E ratio of 30.28, a P/E/G ratio of 0.99 and a beta of 1.28. The stock’s fifty day moving average price is $267.36 and its 200-day moving average price is $227.11. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, October 16th. The semiconductor company reported $2.92 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.33. The firm had revenue of $32.36 billion for the quarter, compared to analysts’ expectations of $951.89 billion. Taiwan Semiconductor Manufacturing had a return on equity of 36.06% and a net margin of 43.72%.The company’s quarterly revenue was up 40.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.94 earnings per share. Taiwan Semiconductor Manufacturing has set its Q4 2025 guidance at EPS. As a group, equities 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 declared 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 of this dividend is Thursday, December 11th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.65. This represents a $3.34 dividend on an annualized basis and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 26.67%.

Taiwan Semiconductor Manufacturing 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.