Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Bought by Northeast Investment Management

Northeast Investment Management lifted its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 19.6% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 69,418 shares of the semiconductor company’s stock after buying an additional 11,368 shares during the period. Taiwan Semiconductor Manufacturing comprises about 1.1% of Northeast Investment Management’s portfolio, making the stock its 24th biggest holding. Northeast Investment Management’s holdings in Taiwan Semiconductor Manufacturing were worth $31,668,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of TSM. Fiduciary Advisors Inc. raised its stake in Taiwan Semiconductor Manufacturing by 200.0% during the third quarter. Fiduciary Advisors Inc. now owns 60 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 40 shares in the last quarter. Cedar Mountain Advisors LLC lifted 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 during the last quarter. Financial Freedom LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at approximately $32,000. Markowski Investments bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter valued at approximately $33,000. Finally, Curry Webb Wealth Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter valued at approximately $39,000. 16.51% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on TSM. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 7th. Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Needham & Company LLC boosted their target price on shares of Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a “buy” rating in a research note on Thursday, October 15th. DA Davidson reaffirmed a “buy” rating and set a $500.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 16th. Finally, Wall Street Zen downgraded shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $528.78.

Taiwan Semiconductor Manufacturing News Summary

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

• Positive Sentiment: Industry commentary says strong semiconductor sales and AI infrastructure spending could benefit TSMC. As the foundry for chip designers including Nvidia, AMD, Apple and Broadcom, TSMC can participate in demand across multiple AI-chip makers. Article: 4 Semiconductor Stocks to Buy as Q3 Sales Soar on Robust AI Demand
• Positive Sentiment: A comparison of TSMC and ASML highlights TSMC’s advanced-chip manufacturing exposure to AI demand. Separate commentary also points to the potential of its next-generation process technology, though these are investment themes rather than new company guidance. Article: Better AI Semiconductor Monopoly Stock: Taiwan Semiconductor vs. ASML
• Positive Sentiment: Vice President Lipen Yuan reportedly bought 1,000 shares, increasing his direct holding by 14.29%. The insider purchase may signal confidence, though it is small relative to TSMC’s scale. Article: Taiwan Semiconductor Manufacturing VP Buys Stock
• Negative Sentiment: The approaching November sales update may keep investors cautious: the report is the first monthly reading of the new quarter, with $53.3 billion cited as the quarterly revenue hurdle. Article: TSMC Stocks Move Lower as November Sales Data Face a $53.3 Billion Quarterly Hurdle
• Negative Sentiment: Broader retreat from AI shares, including reports that hedge funds have turned underweight the sector, could weigh on TSMC despite its company-specific AI exposure. Article: AI Stocks Lose $5 Trillion in 3 Weeks as Hedge Funds Go Underweight AI

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock opened at $394.81 on Thursday. The business’s 50-day moving average price is $434.04 and its 200-day moving average price is $400.48. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $266.82 and a 12 month high of $487.47. The firm has a market capitalization of $2.05 trillion, a price-to-earnings ratio of 25.41, a PEG ratio of 0.82 and a beta of 1.44. The company has a current ratio of 2.46, a quick ratio of 2.25 and a debt-to-equity ratio of 0.14.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share for the quarter, topping the consensus estimate of $4.45 by $0.15. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The company had revenue of $46.72 billion for the quarter, compared to analysts’ expectations of $45.67 billion. During the same period in the previous year, the business posted $2.92 earnings per share. The business’s quarterly revenue was up 41.2% compared to the same quarter last year. Equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be issued a dividend of $1.0854 per share. This represents a $4.34 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, December 10th. This is a negative change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing’s payout ratio is presently 22.07%.

Insiders Place Their Bets

In other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan purchased 1,000 shares of the firm’s stock in a transaction on Sunday, November 1st. The stock was purchased at an average cost of $71.49 per share, for a total transaction of $71,490.00. Following the transaction, the vice president owned 8,000 shares in the company, valued at $571,920. The trade was a 14.29% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last 90 days, insiders have purchased 7,043 shares of company stock worth $529,416. 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.