Boston Partners Sells 258,047 Shares of Tower Semiconductor Ltd. $TSEM

Boston Partners reduced its position in Tower Semiconductor Ltd. (NASDAQ:TSEM) by 44.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 328,679 shares of the semiconductor company’s stock after selling 258,047 shares during the quarter. Boston Partners owned about 0.30% of Tower Semiconductor worth $14,251,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Menora Mivtachim Holdings LTD. increased its holdings in shares of Tower Semiconductor by 39.7% in the 1st quarter. Menora Mivtachim Holdings LTD. now owns 1,879,207 shares of the semiconductor company’s stock worth $67,013,000 after buying an additional 533,700 shares during the last quarter. Voya Investment Management LLC grew its stake in shares of Tower Semiconductor by 45.1% in the first quarter. Voya Investment Management LLC now owns 918,068 shares of the semiconductor company’s stock worth $32,738,000 after purchasing an additional 285,471 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Tower Semiconductor by 14.2% during the first quarter. Invesco Ltd. now owns 2,010,856 shares of the semiconductor company’s stock valued at $71,707,000 after acquiring an additional 249,621 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Tower Semiconductor by 12.2% in the 1st quarter. Wellington Management Group LLP now owns 2,240,229 shares of the semiconductor company’s stock worth $79,887,000 after purchasing an additional 243,267 shares during the period. Finally, Granahan Investment Management LLC bought a new stake in Tower Semiconductor during the 1st quarter valued at approximately $6,185,000. Institutional investors own 70.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on TSEM shares. Wedbush boosted their price objective on shares of Tower Semiconductor from $85.00 to $125.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 11th. Benchmark increased their price objective on shares of Tower Semiconductor from $73.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday, November 11th. Weiss Ratings restated a “hold (c)” rating on shares of Tower Semiconductor in a research report on Tuesday. Barclays raised their price target on Tower Semiconductor from $74.00 to $97.00 and gave the company an “equal weight” rating in a report on Tuesday, November 11th. Finally, Susquehanna raised their target price on shares of Tower Semiconductor from $100.00 to $135.00 and gave the company a “positive” rating in a research note on Tuesday, November 11th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $119.25.

Tower Semiconductor Stock Performance

Shares of NASDAQ:TSEM opened at $108.16 on Friday. Tower Semiconductor Ltd. has a one year low of $28.64 and a one year high of $109.06. The firm has a market cap of $11.99 billion, a PE ratio of 62.16 and a beta of 0.94. The firm’s 50 day simple moving average is $82.78 and its 200-day simple moving average is $60.35. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.50 and a current ratio of 6.57.

Tower Semiconductor (NASDAQ:TSEM) last posted its quarterly earnings results on Monday, November 10th. The semiconductor company reported $0.55 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.55. The business had revenue of $395.67 million for the quarter, compared to the consensus estimate of $394.98 million. Tower Semiconductor had a return on equity of 7.37% and a net margin of 13.20%.The business’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.57 EPS. Tower Semiconductor has set its Q4 2025 guidance at EPS. As a group, equities analysts predict that Tower Semiconductor Ltd. will post 1.67 EPS for the current year.

Tower Semiconductor Profile

Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS.