XML Financial LLC decreased its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 27.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 4,678 shares of the semiconductor company’s stock after selling 1,769 shares during the quarter. XML Financial LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $2,134,000 as of its most recent filing with the SEC.
Other hedge funds have also recently bought and sold shares of the company. Fiduciary Advisors Inc. raised its position in Taiwan Semiconductor Manufacturing by 200.0% in the 3rd quarter. Fiduciary Advisors Inc. now owns 60 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 40 shares during the last quarter. Cedar Mountain Advisors LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 88.2% in the second quarter. Cedar Mountain Advisors LLC now owns 64 shares of the semiconductor company’s stock worth $31,000 after acquiring an additional 30 shares in the last quarter. Financial Freedom LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the first quarter worth $32,000. Markowski Investments acquired a new stake in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at approximately $33,000. Finally, Curry Webb Wealth Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the third quarter worth $39,000. 16.51% of the stock is currently owned by institutional investors and hedge funds.
Taiwan Semiconductor Manufacturing Price Performance
Shares of Taiwan Semiconductor Manufacturing stock opened at $398.71 on Tuesday. 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 quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14. The company has a 50-day simple moving average of $434.60 and a two-hundred day simple moving average of $399.83. The stock has a market capitalization of $2.07 trillion, a price-to-earnings ratio of 25.66, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last announced its earnings results on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.45 by $0.15. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. The firm had revenue of $46.72 billion for the quarter, compared to analyst estimates of $45.67 billion. During the same quarter in the prior year, the business posted $2.92 EPS. The business’s revenue was up 41.2% compared to the same quarter last year. Analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 EPS for the current year.
Taiwan Semiconductor Manufacturing Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be paid a $1.0854 dividend. This represents a $4.34 dividend on an annualized basis and a yield of 1.1%. This is a drop from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date of this dividend is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s payout ratio is presently 22.27%.
Insider Buying and Selling
In other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan bought 1,000 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was purchased at an average cost of $74.50 per share, for a total transaction of $74,500.00. Following the completion of the purchase, the vice president directly owned 6,000 shares of the company’s stock, valued at approximately $447,000. This trade represents a 20.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have purchased 6,043 shares of company stock worth $457,926 in the last three months. 1.11% of the stock is owned by insiders.
Analyst Ratings Changes
A number of brokerages have recently commented on TSM. Stifel Nicolaus started coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, September 1st. They issued a “buy” rating and a $515.00 price objective for the company. Wall Street Zen cut shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 7th. DA Davidson reiterated a “buy” rating and issued a $500.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 16th. Finally, Barclays lifted their price target on Taiwan Semiconductor Manufacturing from $665.00 to $670.00 and gave the stock an “overweight” rating in a report on Friday, October 16th. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Buy” and a consensus target price of $528.78.
Read Our Latest Research Report on Taiwan Semiconductor Manufacturing
Trending Headlines about Taiwan Semiconductor Manufacturing
Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:
- Positive Sentiment: Strong demand for advanced chips and AI infrastructure continues to support TSMC’s outlook. Recent coverage highlights a 33.2% one-year gain, advanced technology leadership, global manufacturing expansion and third-quarter revenue growth of 41.2%. TSM Soars 33% in the Past Year: Is It a Solid Investment Proposition?
- Positive Sentiment: Analysts’ average price target of $528.78 implies further upside from the reported trading level, reinforcing the bullish view based on TSMC’s earnings power and AI exposure. Taiwan Semiconductor Manufacturing Company Ltd. Stock Has Average Price Target of $528.78 According to Analysts
- Positive Sentiment: TSMC could gain a larger role in Elon Musk’s proposed Terafab venture if Musk softens his reported demand for control, potentially creating an additional strategic opportunity for the chipmaker. Musk may soften Terafab control stance in fresh TSMC talks
- Neutral Sentiment: Investors are also assessing TSMC’s continued investment in Taiwan and its expanding overseas manufacturing footprint, which may strengthen supply-chain resilience but require substantial capital spending. What’s Going on With Taiwan Semiconductor Stock on Monday?
- Negative Sentiment: Eight ETFs sold a net $81 million of TSMC shares, adding near-term supply and potentially weighing on the stock despite its strong long-term fundamentals. 8 ETFs Cut Taiwan Semiconductor Holdings
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.
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