TSM institutional investors increased holdings in Q2 2021, exceeding earnings estimates, and received a "Moderate Buy" rating.

Taiwan Semiconductor Manufacturing Company Limited (TSM) saw its institutional investors increase their stock holdings in Q2 2021, with Callan Family Office LLC raising its holdings by 95.7%. TSM reported earnings per share of $1.48 in Q2, exceeding analysts' consensus estimates of $1.37 by $0.11, and announced a quarterly dividend of $0.4871 per share. Several analysts, including Susquehanna, Needham & Company, Barclays, and Sanford C. Bernstein, have assigned 'buy' or 'outperform' ratings to TSM's stock, resulting in a consensus rating of "Moderate Buy" and an average target price of $200.

August 28, 2024
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