17,721 Shares in Taiwan Semiconductor Manufacturing Company Ltd. $TSM Bought by Madison Asset Management LLC

Key Points

• Madison Asset Management LLC acquired 17,721 TSM shares during the second quarter, valued at approximately $8.46 million. Hedge funds and other institutional investors collectively own 16.51% of the company.
• TSMC reported quarterly EPS of $4.28 on $39.89 billion in revenue, with a 50.31% net margin. The company also announced an annualized dividend of $4.34 per share, yielding about 1.1%.
• Analysts maintain a broadly positive outlook, with TSM receiving an average “Buy” rating and a consensus price target of $524.25. However, shares trade above a referenced GF Value estimate, highlighting potential valuation risk despite strong AI-related demand.

Madison Asset Management LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 17,721 shares of the semiconductor company's stock, valued at approximately $8,463,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TSM. Brighton Jones LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 20.9% during the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock worth $2,159,000 after acquiring an additional 1,892 shares in the last quarter. Gamco Investors INC. ET AL acquired a new stake in Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $701,000. Bank of Nova Scotia grew its holdings in Taiwan Semiconductor Manufacturing by 12.8% in the second quarter. Bank of Nova Scotia now owns 15,697 shares of the semiconductor company's stock worth $3,556,000 after purchasing an additional 1,784 shares during the last quarter. FWL Investment Management LLC grew its holdings in Taiwan Semiconductor Manufacturing by 26.5% in the second quarter. FWL Investment Management LLC now owns 253 shares of the semiconductor company's stock worth $57,000 after purchasing an additional 53 shares during the last quarter. Finally, Main Street Financial Solutions LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the second quarter worth $270,000. Hedge funds and other institutional investors 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: Samsung is reportedly raising prices on selected advanced foundry services by as much as 15% amid strong AI-chip demand from Nvidia, Apple, Tesla and other customers. The pricing action supports TSM’s ability to maintain or increase wafer prices and suggests favorable supply-demand conditions. After TSMC, Samsung Is Also Reportedly Planning To Hike Chip Prices
• Positive Sentiment: Analysts at Bank of America reportedly see momentum building for TSM’s U.S. fabrication expansion, reinforcing the company’s long-term capacity and geopolitical diversification story. BofA Sends Bullish Message For Taiwan Semiconductor Stock Fans
• Positive Sentiment: Institutional investors have reportedly rotated capital toward TSM, including managers reducing exposure to Broadcom amid valuation and margin concerns. Separately, David Tepper’s Appaloosa continued building its TSM position, supporting the stock’s institutional sponsorship. Broadcom Faces Rising Hedge Fund Caution
• Positive Sentiment: Brokerage firms collectively maintain an average “Buy” recommendation, indicating that analysts continue to view TSM’s AI and advanced-foundry exposure favorably. TSMC Given Average Recommendation of Buy
• Neutral Sentiment: U.S. regulators took initial steps toward allowing futures tied to AI-compute economics and GPU prices. Such derivatives could improve price discovery and investor access to the AI semiconductor market, but the immediate effect on TSM’s earnings is unclear. U.S. Markets Prepare For AI Compute Derivatives
• Negative Sentiment: TSM is trading substantially above a referenced GF Value estimate, raising concerns that strong AI expectations are already reflected in the share price. That valuation risk may be contributing to profit-taking even as chip capacity remains tight. TSMC Trades Above GF Value as Chip Capacity Tightens

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM opened at $412.61 on Thursday. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $223.70 and a twelve month high of $479.00. The company has a current ratio of 2.46, a quick ratio of 2.25 and a debt-to-equity ratio of 0.14. The company has a market cap of $2.14 trillion, a PE ratio of 29.77, a price-to-earnings-growth ratio of 0.95 and a beta of 1.38. The company's 50 day moving average is $425.83 and its 200 day moving average is $392.45.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. The business had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. On average, sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 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. Investors of record on Thursday, December 10th will be given a dividend of $1.0854 per share. The ex-dividend date is Thursday, December 10th. This represents a $4.34 dividend on an annualized basis and a yield of 1.1%. Taiwan Semiconductor Manufacturing's payout ratio is currently 21.43%.

Analyst Ratings Changes

Several brokerages have recently commented on TSM. Zacks Research upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 16th. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, July 6th. Bank of America upped their target price on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a "buy" rating in a research report on Wednesday, June 24th. Barclays increased their price target on Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the company an "overweight" rating in a research note on Friday, July 17th. Finally, Wall Street Zen downgraded Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. Three equities research 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's stock. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of "Buy" and a consensus target price of $524.25.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien purchased 1,000 shares of the stock in a transaction on Monday, August 3rd. The shares were bought at an average cost of $73.06 per share, with a total value of $73,060.00. Following the completion of the acquisition, 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 ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Shyue-Shyh Lin purchased 1,000 shares of the business's stock in a transaction on Tuesday, July 21st. The shares were bought at an average cost of $74.13 per share, for a total transaction of $74,130.00. Following the completion of the transaction, the vice president directly owned 30,269 shares in the company, valued at $2,243,840.97. This trade represents a 3.42% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have acquired 16,312 shares of company stock valued at $1,207,238. 1.11% of the stock is owned by insiders.

Taiwan Semiconductor Manufacturing Profile

Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.

TSMC's service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.

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