Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock: Bank Pictet & Cie Europe AG Trims Holdings

Bank Pictet & Cie Europe AG decreased its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 2.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 260,438 shares of the semiconductor company’s stock after selling 6,436 shares during the period. Taiwan Semiconductor Manufacturing makes up 2.2% of Bank Pictet & Cie Europe AG’s holdings, making the stock its 11th largest holding. Bank Pictet & Cie Europe AG’s holdings in Taiwan Semiconductor Manufacturing were worth $118,824,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also modified their holdings of the company. Tiger Global Management LLC raised its holdings in Taiwan Semiconductor Manufacturing by 49.4% during the first quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company’s stock worth $1,880,717,000 after purchasing an additional 1,839,600 shares during the last quarter. Sei Investments Co. boosted 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 worth $875,802,000 after purchasing an additional 274,389 shares in the last quarter. Bessemer Group Inc. grew its holdings in Taiwan Semiconductor Manufacturing by 7.9% in the first quarter. Bessemer Group Inc. now owns 1,781,764 shares of the semiconductor company’s stock valued at $602,147,000 after purchasing an additional 130,602 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in Taiwan Semiconductor Manufacturing by 67.2% in the third quarter. Assenagon Asset Management S.A. now owns 1,717,515 shares of the semiconductor company’s stock valued at $783,513,000 after purchasing an additional 690,523 shares during the last quarter. Finally, AMF Tjanstepension AB grew its holdings in Taiwan Semiconductor Manufacturing by 6.4% in the first quarter. AMF Tjanstepension AB now owns 1,632,738 shares of the semiconductor company’s stock valued at $551,784,000 after purchasing an additional 98,123 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC’s latest results showed record profitability, a 69% increase in profit and high-performance computing contributing approximately 68% of quarterly revenue. Management also raised its outlook, reinforcing expectations that AI and data-center demand will remain strong. The Most Important Number in Taiwan Semiconductor’s Earnings Report Was 68%
• Positive Sentiment: Demand continues to exceed available supply, while TSMC is investing billions of dollars to expand production in the United States. The spending could increase capacity and strengthen relationships with major AI and data-center customers. A $4 Billion Reason to Buy TSMC Stock Now
• Positive Sentiment: Nvidia is reportedly encouraging Samsung, Micron and SK Hynix to use TSMC’s 3-nanometer process for next-generation high-bandwidth-memory base dies. If adopted, the arrangement could expand TSMC’s role in AI-chip manufacturing beyond traditional wafer production. Nvidia Wants Top Memory Makers to Use TSMC for Next-Gen HBM Base Dies
• Positive Sentiment: Industry forecasts call for rapid growth in FinFET, 3D-chip and wafer-foundry markets as AI, high-performance computing and data centers require faster, denser and more energy-efficient silicon. TSMC is positioned as a leading beneficiary alongside Nvidia, Samsung and other chip companies. FinFET Technology Global Strategic Business Report
• Neutral Sentiment: Analysts and market commentators view TSM’s recent pullback from its October high as a potential buying opportunity, with Zacks upgrading the stock to Rank #1, or Strong Buy. However, the shares still trade at a sizable valuation after a substantial rally.
• Negative Sentiment: Near-term gross-margin pressure is expected from the 2-nanometer ramp and overseas-fab expansion. TSMC also faced broader semiconductor selling as investors questioned AI valuations and unwound the crowded chip trade, creating volatility despite robust underlying demand. TSMC Gets Sold on AI Fears Four Days After Calling Demand Extremely Robust

Taiwan Semiconductor Manufacturing Price Performance

TSM stock traded up $6.47 on Tuesday, reaching $426.69. The company had a trading volume of 6,465,498 shares, compared to its average volume of 13,061,418. The company’s fifty day moving average is $434.73 and its 200 day moving average is $418.40. The company has a market cap of $2.21 trillion, a P/E ratio of 27.44, a PEG ratio of 0.85 and a beta of 1.37. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $266.82 and a 1 year high of $487.47.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Tuesday, September 8th. The semiconductor company reported $4.62 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The company had revenue of $46.87 billion during the quarter. On average, research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.90 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be paid a dividend of $1.0854 per share. The ex-dividend date of this dividend is Thursday, December 10th. This is a decrease from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. This represents a $4.34 dividend on an annualized basis and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 22.27%.

Analyst Upgrades and Downgrades

TSM has been the subject of several research reports. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 7th. Sanford C. Bernstein increased their price objective on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an “outperform” rating in a research note on Tuesday, August 11th. Susquehanna raised their target price on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a report on Thursday, July 16th. Weiss Ratings downgraded shares of Taiwan Semiconductor Manufacturing from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, October 6th. Finally, Barclays lifted their target price on shares of Taiwan Semiconductor Manufacturing from $665.00 to $670.00 and gave the stock an “overweight” rating in a research report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $528.78.

Insiders Place Their Bets

In related news, VP Bor-Zen Tien acquired 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was purchased at an average price of $73.06 per share, for a total transaction of $73,060.00. Following the transaction, the vice president owned 14,051 shares in the company, valued at $1,026,566.06. This trade represents a 7.66% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Lipen Yuan bought 350 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was purchased at an average cost of $73.58 per share, with a total value of $25,753.00. Following the purchase, the vice president directly owned 2,000 shares in the company, valued at $147,160. The trade was a 21.21% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have purchased 8,043 shares of company stock worth $598,956. Corporate insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a dedicated semiconductor foundry headquartered in Hsinchu, Taiwan. The company manufactures integrated circuits for customers that design their own chips, allowing semiconductor, electronics, and technology companies to outsource production rather than operate their own fabrication facilities.

TSMC provides wafer fabrication services across a broad range of process technologies, including advanced nodes used in high-performance computing, smartphones, automotive systems, and artificial intelligence applications.