Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Purchased by Wedmont Private Capital

Wedmont Private Capital boosted its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 51.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,008 shares of the semiconductor company’s stock after purchasing an additional 4,067 shares during the period. Wedmont Private Capital’s holdings in Taiwan Semiconductor Manufacturing were worth $5,500,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Janus Henderson Group PLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 7.7% during the 4th quarter. Janus Henderson Group PLC now owns 8,291,884 shares of the semiconductor company’s stock valued at $2,497,638,000 after buying an additional 594,780 shares during the period. Tiger Global Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 49.4% in the 1st quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company’s stock worth $1,880,717,000 after buying an additional 1,839,600 shares during the period. Invesco Ltd. boosted its holdings in Taiwan Semiconductor Manufacturing by 1.1% in the fourth quarter. Invesco Ltd. now owns 3,721,823 shares of the semiconductor company’s stock valued at $1,131,025,000 after acquiring an additional 40,842 shares during the last quarter. Sei Investments Co. grew its position in Taiwan Semiconductor Manufacturing by 11.8% during the first quarter. Sei Investments Co. now owns 2,591,510 shares of the semiconductor company’s stock valued at $875,802,000 after acquiring an additional 274,389 shares during the period. Finally, T. Rowe Price Investment Management Inc. grew its position in Taiwan Semiconductor Manufacturing by 168.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,093,115 shares of the semiconductor company’s stock valued at $636,077,000 after acquiring an additional 1,313,917 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Down 1.5%

Shares of Taiwan Semiconductor Manufacturing stock traded down $6.81 during trading hours on Friday, hitting $451.18. 5,981,646 shares of the company’s stock traded hands, compared to its average volume of 13,049,658. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $266.82 and a twelve month high of $487.47. The company has a market cap of $2.34 trillion, a PE ratio of 32.56, a PEG ratio of 1.05 and a beta of 1.37. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14. The stock has a 50 day simple moving average of $432.16 and a 200-day simple moving average of $413.53.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. The business had revenue of $39.89 billion for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%. Equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be paid a dividend of $1.0854 per share. This is a decrease from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date is Thursday, December 10th. This represents a $4.34 annualized dividend and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 24.75%.

Insider Transactions at Taiwan Semiconductor Manufacturing

In related news, VP Lipen Yuan purchased 350 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was acquired at an average price of $73.58 per share, for a total transaction of $25,753.00. Following the completion of the purchase, the vice president owned 2,000 shares in the company, valued at approximately $147,160. This represents a 21.21% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Bor-Zen Tien purchased 1,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was bought at an average cost of $73.06 per share, for a total transaction of $73,060.00. Following the completion of the acquisition, the vice president directly owned 14,051 shares of the company’s stock, valued at $1,026,566.06. This represents a 7.66% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders purchased 16,043 shares of company stock valued at $1,185,746. 1.11% of the stock is currently owned by corporate insiders.

Taiwan Semiconductor Manufacturing News Summary

Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:

• Positive Sentiment: Record AI-driven growth: TSMC reported third-quarter revenue of approximately NT$1.49 trillion ($46.7 billion), up about 50% year over year and ahead of estimates. September revenue rose 54.6% year over year, reinforcing strong demand for advanced chips used in AI and high-performance computing. TSMC’s third-quarter revenue surges to record, beating market forecast
• Positive Sentiment: Analyst support remains strong: Several firms raised their price targets, and the reported average target of about $524.89 remains above the recent trading level. Commentary also continues to identify TSMC as a key beneficiary of the AI infrastructure cycle. Brokers Suggest Investing in TSMC
• Positive Sentiment: Packaging capacity is expanding: TSMC signed a multiyear, $2 billion agreement with GlobalFoundries for U.S.-made silicon interposers supporting its CoWoS advanced-packaging ecosystem. The deal should help address AI-related packaging bottlenecks, although volume production is not expected to ramp until 2028. GlobalFoundries Lands $2 Billion TSMC Deal to Expand US AI Chip Packaging
• Neutral Sentiment: TSMC CEO Che-Chia Wei and numerous other executives disclosed modest share purchases. The buying may indicate management confidence, but the transactions are small relative to TSMC’s market capitalization. TSMC Insider Buying and Selling
• Neutral Sentiment: Potential business connected to Tesla, SpaceX and the proposed Terafab project could create an additional long-term opportunity, but reports indicate TSMC may only sublease part of the facility while Intel remains involved. The scope and timing of any revenue benefit remain uncertain. Intel CEO Lip-Bu Tan Says Company Will Keep Working on Terafab
• Negative Sentiment: Investors appear concerned that TSMC’s strong results are already reflected in its premium valuation. The stock trades at roughly 32 times earnings after approaching its 52-week high, leaving less room for upside if future guidance does not exceed elevated expectations.
• Negative Sentiment: Higher oil prices and Treasury yields pressured technology stocks broadly, encouraging profit-taking across the semiconductor sector. TSMC’s reported quarterly dividend was also lower than the prior payment, which may modestly weigh on income-focused investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on TSM shares. Zacks Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Sanford C. Bernstein raised their target price on Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. Stifel Nicolaus assumed coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, September 1st. They set a “buy” rating and a $515.00 price target on the stock. Bank of America upped their price target on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Finally, DA Davidson lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing has a consensus rating of “Buy” and a consensus price target of $524.89.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world’s largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.

TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.