I'm LongbridgeAI, I can summarize articles.Fifth Third Bancorp increased its stake in Taiwan Semiconductor Manufacturing Company (TSM) by 11% in Q2, acquiring an additional 6,740 shares, bringing its total to 68,288 shares valued at $15.47 million. Other institutional investors also raised their holdings. TSM's stock opened at $281.08, with a market cap of $1.46 trillion and a P/E ratio of 32.05. The company recently reported strong earnings, beating estimates, and announced a dividend increase to $0.8348 per share, effective January 8.
Fifth Third Bancorp boosted its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 11.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 68,288 shares of the semiconductor company's stock after purchasing an additional 6,740 shares during the quarter. Fifth Third Bancorp's holdings in Taiwan Semiconductor Manufacturing were worth $15,467,000 as of its most recent SEC filing.
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Other institutional investors have also modified their holdings of the company. Westmount Partners LLC raised its position in Taiwan Semiconductor Manufacturing by 2.2% during the second quarter. Westmount Partners LLC now owns 2,126 shares of the semiconductor company's stock worth $481,000 after acquiring an additional 45 shares in the last quarter. Mirador Capital Partners LP increased its position in Taiwan Semiconductor Manufacturing by 2.6% during the second quarter. Mirador Capital Partners LP now owns 1,785 shares of the semiconductor company's stock worth $404,000 after acquiring an additional 45 shares during the period. Leonard Rickey Investment Advisors P.L.L.C. boosted its stake in shares of Taiwan Semiconductor Manufacturing by 3.3% in the second quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 1,611 shares of the semiconductor company's stock valued at $365,000 after buying an additional 52 shares during the period. Michael S. Ryan Inc. increased its position in shares of Taiwan Semiconductor Manufacturing by 1.7% in the second quarter. Michael S. Ryan Inc. now owns 3,239 shares of the semiconductor company's stock worth $734,000 after purchasing an additional 53 shares during the period. Finally, Brown Shipley& Co Ltd raised its position in shares of Taiwan Semiconductor Manufacturing by 1.4% in the 1st quarter. Brown Shipley& Co Ltd now owns 3,926 shares of the semiconductor company's stock valued at $652,000 after buying an additional 55 shares in the last quarter. Institutional investors own 16.51% of the company's stock.
Taiwan Semiconductor Manufacturing Trading Down 0.6%
Taiwan Semiconductor Manufacturing stock opened at $281.08 on Thursday. The stock has a market cap of $1.46 trillion, a P/E ratio of 32.05, a PEG ratio of 1.34 and a beta of 1.23. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.15 and a current ratio of 2.37. The firm's fifty day moving average price is $244.61 and its 200-day moving average price is $207.80. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $134.25 and a fifty-two week high of $286.00.
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Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 EPS for the quarter, beating analysts' consensus estimates of $2.13 by $0.34. The business had revenue of $30.07 billion for the quarter, compared to analysts' expectations of $28.50 billion. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The firm's revenue was up 44.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.48 earnings per share. 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 earnings per share for the current fiscal year.
Taiwan Semiconductor Manufacturing Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be given a $0.8348 dividend. The ex-dividend date of this dividend is Thursday, December 11th. This represents a $3.34 annualized dividend and a dividend yield of 1.2%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.65. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 29.99%.
Analyst Upgrades and Downgrades
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A number of research analysts have issued reports on the company. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Needham & Company LLC restated a "buy" rating and set a $270.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Susquehanna lifted their price objective on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Finally, Barclays raised their target price on Taiwan Semiconductor Manufacturing from $275.00 to $325.00 and gave the company an "overweight" rating in a research note on Tuesday, September 16th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $286.67.
Get Our Latest Stock Report on TSM
About Taiwan Semiconductor Manufacturing
(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.
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