19,291 Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by AIA Group Ltd

AIA Group Ltd lessened its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 15.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,153 shares of the semiconductor company's stock after selling 19,291 shares during the period. Taiwan Semiconductor Manufacturing accounts for approximately 0.6% of AIA Group Ltd's portfolio, making the stock its 29th largest position. AIA Group Ltd's holdings in Taiwan Semiconductor Manufacturing were worth $47,970,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in TSM. Third View Private Wealth LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 21.9% during the third quarter. Third View Private Wealth LLC now owns 16,808 shares of the semiconductor company's stock worth $7,668,000 after purchasing an additional 3,016 shares during the period. Provenance Wealth Advisors LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 507.0% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 12,777 shares of the semiconductor company's stock worth $5,829,000 after buying an additional 10,672 shares in the last quarter. RFG Holdings Inc. raised its stake in shares of Taiwan Semiconductor Manufacturing by 1.8% during the 3rd quarter. RFG Holdings Inc. now owns 6,656 shares of the semiconductor company's stock worth $3,037,000 after buying an additional 119 shares in the last quarter. Associated Banc Corp acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter valued at approximately $217,000. Finally, TT International Asset Management LTD grew its stake in shares of Taiwan Semiconductor Manufacturing by 28.4% during the 3rd quarter. TT International Asset Management LTD now owns 283,094 shares of the semiconductor company's stock worth $129,145,000 after purchasing an additional 62,687 shares during the period. Hedge funds and other institutional investors own 16.51% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on TSM shares. Needham & Company LLC lifted their price target on shares of Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the company a "buy" rating in a research report on Thursday, October 15th. TD Cowen upped their price target on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a "hold" rating in a report on Friday, July 17th. DA Davidson reaffirmed a "buy" rating and set a $500.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 16th. Barclays boosted their price objective 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, October 16th. Finally, Susquehanna increased their price target on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a "positive" rating in a research report on Thursday, July 16th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $528.78.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE TSM opened at $404.90 on Wednesday. The business's 50-day moving average price is $434.50 and its 200 day moving average price is $400.22. 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 capitalization of $2.10 trillion, a PE ratio of 25.65, a price-to-earnings-growth ratio of 0.81 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 - Get Free Report) last issued its quarterly 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. The firm had revenue of $46.72 billion for the quarter, compared to analyst estimates of $45.67 billion. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The firm's quarterly revenue was up 41.2% on a year-over-year basis. During the same period last year, the company earned $2.92 EPS. On average, research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be paid a dividend of $1.0854 per share. This is a drop from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. This represents a $4.34 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, December 10th. Taiwan Semiconductor Manufacturing's payout ratio is currently 22.27%.

Insider Buying and Selling

In other news, VP Lipen Yuan purchased 1,000 shares of the company's stock in a transaction on Sunday, November 1st. The stock was bought at an average cost of $71.49 per share, for a total transaction of $71,490.00. Following the completion of the purchase, the vice president directly owned 8,000 shares of the company's stock, valued at $571,920. The trade was a 14.29% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders bought 7,043 shares of company stock worth $529,416 in the last ninety days. Corporate insiders own 1.11% of the company's stock.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Commentary highlights TSMC’s role as the foundry for chip designers including Nvidia, AMD, Apple and Broadcom. Because it manufactures for multiple competitors, it may benefit broadly from AI-chip demand rather than relying on one designer’s success. Article: Taiwan Semi or Broadcom: If I Could Only Own 1 for the Next 5 Years, It Would Be This
• Positive Sentiment: Recent articles point to advanced manufacturing and the anticipated 2-nanometer production ramp as potential long-term supports, alongside continued investment in AI infrastructure and TSMC’s global manufacturing footprint. These are bullish themes, though the supplied coverage does not provide fresh company forecasts. Article: TSMC Is Down 18%: The 2nm Ramp Should Change That
• Positive Sentiment: Vice President Lipen Yuan reportedly bought 1,000 shares, increasing his position by 14.29%. Insider buying can signal confidence, although the transaction is modest relative to TSMC’s size. Article: Taiwan Semiconductor insider transaction
• Neutral Sentiment: Elon Musk may be softening his position on control of the proposed Terafab project in renewed discussions involving TSMC. A larger TSMC role could offer an opportunity, but talks remain uncertain and no agreement was reported. Article: Musk may soften Terafab control stance in fresh TSMC talks
• Negative Sentiment: Broader AI-stock selling could weigh on TSMC sentiment: one report says hedge funds have turned underweight AI stocks, while another reports ETFs collectively sold a net $81 million of TSM shares last Thursday. These are market-positioning signals, not evidence of a change in TSMC’s fundamentals. Article: AI Stocks Lose $5 Trillion in 3 Weeks as Hedge Funds Go Underweight AI for the First Time Since 2023 Article: 8 ETFs Cut Taiwan Semiconductor Holdings

Taiwan Semiconductor Manufacturing 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.

Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.