3,231 Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Bought by Argus Investors Counsel Inc.

Key Points

• Argus Investors Counsel increased its TSMC stake by 241.1% in the third quarter, purchasing 3,231 additional shares for a total of 4,571 shares valued at approximately $2.09 million.
• TSMC continues to benefit from strong artificial-intelligence chip demand, with reported third-quarter revenue up 50% year over year. The company also agreed to a multiyear, $2 billion GlobalFoundries deal to expand U.S.-made advanced-packaging capacity.
• Analysts remain broadly bullish, with TSM receiving a consensus “Buy” rating and a $524.89 price target, though investors face valuation, macroeconomic and geopolitical risks as the stock trades near its 52-week high.

Argus Investors Counsel Inc. increased its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 241.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,571 shares of the semiconductor company's stock after acquiring an additional 3,231 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 1.7% of Argus Investors Counsel Inc.'s portfolio, making the stock its 21st largest position. Argus Investors Counsel Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $2,085,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. Cedar Mountain Advisors LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 88.2% during the second quarter. Cedar Mountain Advisors LLC now owns 64 shares of the semiconductor company's stock valued at $31,000 after acquiring an additional 30 shares in the last quarter. Markowski Investments bought a new position in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at $33,000. Evolution Wealth Management Inc. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 257.7% in the first quarter. Evolution Wealth Management Inc. now owns 93 shares of the semiconductor company's stock valued at $31,000 after buying an additional 67 shares in the last quarter. Financial Freedom LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the first quarter valued at about $32,000. Finally, Lam Group Inc. acquired a new position in shares of Taiwan Semiconductor Manufacturing during the first quarter valued at about $34,000. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Record AI demand: TSMC reported third-quarter revenue of NT$1.49 trillion, or approximately $46.7 billion, up 50% year over year and ahead of analyst expectations. September sales increased 54.6% year over year, reinforcing strong demand for advanced chips used in artificial intelligence and high-performance computing. TSMC's third-quarter revenue surges to record, beating market forecast
• Positive Sentiment: More advanced-packaging capacity: TSMC agreed to a multiyear, $2 billion manufacturing arrangement with GlobalFoundries to produce U.S.-made silicon interposers for TSMC’s CoWoS advanced-packaging ecosystem. The deal supports future AI capacity, although volume production is not expected to ramp until 2028. GlobalFoundries Lands $2 Billion TSMC Deal to Expand US AI Chip Packaging
• Positive Sentiment: Supportive industry outlook: Analysts and market commentators continue to identify semiconductors as a leading October sector, while strong results from TSMC and Samsung suggest AI infrastructure spending remains intact. TSMC’s earnings report next week could provide additional guidance on demand, margins and capital expenditures. Record Profits at Samsung and TSMC Say the AI Trade is Intact
• Neutral Sentiment: TSMC CEO Che-Chia Wei and other executives reported modest open-market purchases. The buying may indicate management confidence, but the transactions are small relative to the company’s market capitalization. TSMC Insider Buying and Selling
• Negative Sentiment: Valuation and profit-taking: Despite record revenue and approximately 77% year-over-year profit growth in the latest reported quarter, investors are questioning whether the AI gains are already reflected in TSM’s premium valuation. The stock is trading near its 52-week high, increasing sensitivity to earnings expectations.
• Negative Sentiment: Macro and geopolitical risks: Rising Treasury yields and oil prices have pressured technology stocks broadly. Taiwan-related geopolitical concerns and uncertainty surrounding a potential Musk-linked Terafab project are additional risks, particularly because TSMC’s exact role remains unclear.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In related news, VP Bor-Zen Tien acquired 1,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were purchased at an average price of $73.06 per share, for a total transaction of $73,060.00. Following the transaction, the vice president owned 14,051 shares in the company, valued at $1,026,566.06. This represents a 7.66% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Lipen Yuan acquired 350 shares of the company's stock in a transaction dated 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 completion of the acquisition, the vice president directly owned 2,000 shares in the company, valued at $147,160. The trade was a 21.21% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 16,043 shares of company stock worth $1,185,746 over the last three months. 1.11% of the stock is owned by insiders.

Taiwan Semiconductor Manufacturing Trading Down 1.1%

Shares of TSM stock opened at $452.87 on Friday. The company has a market capitalization of $2.35 trillion, a PE ratio of 32.67, a price-to-earnings-growth ratio of 1.01 and a beta of 1.37. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $266.82 and a 52-week high of $487.47. The business's fifty day moving average is $433.13 and its 200 day moving average is $413.81. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%. The business had revenue of $39.89 billion for the quarter. On average, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders 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 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 1.0%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 24.96%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on TSM shares. Zacks Research raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 16th. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday. Needham & Company LLC boosted their price objective on Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the stock a "buy" rating in a research report on Monday, July 27th. DA Davidson upped their price objective on Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the company a "buy" rating in a research note on Friday, July 17th. Finally, Weiss Ratings cut shares of Taiwan Semiconductor Manufacturing from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing currently has an average rating of "Buy" and a consensus target price of $524.89.

Taiwan Semiconductor Manufacturing Profile

Taiwan Semiconductor Manufacturing Company Limited NYSE: TSM, commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world's largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.

TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.

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