242,640 Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Purchased by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer increased its TSMC stake by 25.1% in the third quarter, purchasing 242,640 shares to reach 1.21 million shares valued at approximately $552.1 million.
• TSMC exceeded quarterly expectations, reporting $4.60 in EPS and $46.72 billion in revenue; revenue rose 41.2% year over year, supported by a 51.5% net margin.
• Analysts maintain a favorable outlook, with the stock carrying a consensus “Buy” rating and an average price target of $528.78, while the quarterly dividend was reduced to $1.0854 per share.

Bank Julius Baer & Co. Ltd Zurich grew its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 25.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,210,323 shares of the semiconductor company's stock after buying an additional 242,640 shares during the period. Taiwan Semiconductor Manufacturing accounts for 1.4% of Bank Julius Baer & Co. Ltd Zurich's portfolio, making the stock its 14th biggest holding. Bank Julius Baer & Co. Ltd Zurich's holdings in Taiwan Semiconductor Manufacturing were worth $552,116,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tiger Global Management LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 49.4% in the 1st quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company's stock worth $1,880,717,000 after buying an additional 1,839,600 shares during the last quarter. Fundsmith LLP purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the second quarter valued at approximately $548,465,000. Assenagon Asset Management S.A. bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter worth approximately $490,461,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter worth approximately $444,923,000. Finally, Perseverance Asset Management International increased its stake in shares of Taiwan Semiconductor Manufacturing by 1,453.9% during the 1st quarter. Perseverance Asset Management International now owns 446,505 shares of the semiconductor company's stock worth $150,896,000 after purchasing an additional 417,771 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

NYSE:TSM opened at $405.05 on Monday. The stock's 50 day moving average price is $435.00 and its two-hundred day moving average price is $399.49. The firm has a market capitalization of $2.10 trillion, a price-to-earnings ratio of 26.07, a P/E/G ratio of 0.82 and a beta of 1.37. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $266.82 and a 12-month high of $487.47.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings results on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share for the quarter, beating the consensus estimate of $4.45 by $0.15. The business had revenue of $46.72 billion for the quarter, compared to analysts' expectations of $45.67 billion. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. The firm's revenue for the quarter was up 41.2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.92 EPS. On average, analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm 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. The ex-dividend date is Thursday, December 10th. This represents a $4.34 annualized dividend and a dividend yield of 1.1%. This is a drop from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 22.07%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Stifel Nicolaus started coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, September 1st. They issued a "buy" rating and a $515.00 target price on the stock. 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 report on Thursday, July 16th. DA Davidson restated a "buy" rating and set a $500.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 16th. Sanford C. Bernstein boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an "outperform" rating in a report on Tuesday, August 11th. Finally, Zacks Research upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 16th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $528.78.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC continues to benefit from its position as the world’s leading advanced-chip foundry. Its revenue has consistently exceeded Applied Materials’ over the past eight quarters and has shown a steadier upward trend, supporting the view that demand for leading-edge processors remains strong. Applied Materials vs. Taiwan Semiconductor Manufacturing
• Positive Sentiment: Long-term investor articles continue to identify TSMC as a potential multibagger because of its exposure to AI accelerators, advanced manufacturing and sustained customer demand. The thesis assumes that earnings and cash flow can continue compounding through 2030. What a $10,000 Investment in TSMC Stock Will Be Worth by 2030
• Positive Sentiment: Bell Global Equities Fund continues to hold TSMC, indicating that an institutional investor views the company’s scale, technology leadership and AI exposure as attractive despite the recent volatility. Why Bell Global Equities Fund Continues to Favor TSMC
• Positive Sentiment: Taiwan’s semiconductor industry supports a government review of potentially restarting nuclear power plants. Improved electricity availability and reliability could help address one of TSMC’s key operational risks as chip-fabrication capacity expands. Taiwan Semiconductor Industry Group Backs Nuclear Power Review
• Neutral Sentiment: TSMC remains one of the most closely watched semiconductor stocks, reflecting strong investor interest but also heightened sensitivity to earnings expectations, valuation and news affecting the AI supply chain. TSMC Is Attracting Investor Attention
• Negative Sentiment: Investors are increasingly considering whether AI spending could slow in 2027. A deceleration would pressure the semiconductor sector, although TSMC may hold up better than companies with less differentiated positions because it controls a critical manufacturing bottleneck. If AI Spending Slows in 2027
• Negative Sentiment: Bearish commentary argues that TSMC is spending heavily to defend its lead, raising concerns about capital intensity, execution and whether future returns will justify the investment. Those concerns may be contributing to pressure on the shares after their strong run. TSMC: Spending Its Lead to Keep It

Insider Transactions at Taiwan Semiconductor Manufacturing

In other news, VP Lipen Yuan acquired 350 shares of the company's stock in a transaction on Tuesday, August 18th. The shares were bought at an average cost of $73.58 per share, with a total value of $25,753.00. Following the transaction, the vice president owned 2,000 shares in the company, valued at approximately $147,160. This trade represents a 21.21% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders acquired a total of 6,043 shares of company stock worth $457,926 over the last ninety days. 1.11% of the stock is owned by company insiders.

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.

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