Assetmark Inc. Raises Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Assetmark Inc. boosted its stake in Taiwan Semiconductor (NYSE:TSM) by 7.8%, adding 39,993 shares to hold 552,765 shares worth about $167.98 million at quarter-end.
• TSMC is benefiting from surging AI demand and is guiding Q1 revenue of $34.6–$35.8 billion (nearly 40% YoY), with analysts expecting continued record profits supported by advanced nodes (including 2nm) and strong data-center chip demand.
• Market and ownership snapshot: TSMC has a ~$1.91 trillion market cap, a P/E of 34.7 and a consensus Buy rating with a $391.43 target, but faces risks from rising overseas capex, geopolitical/supply-chain concerns, and potential post-earnings volatility.

Assetmark Inc. boosted its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 7.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 552,765 shares of the semiconductor company's stock after buying an additional 39,993 shares during the period. Assetmark Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $167,980,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC grew its holdings in Taiwan Semiconductor Manufacturing by 20.9% in the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock worth $2,159,000 after purchasing an additional 1,892 shares during the period. Gamco Investors INC. ET AL purchased a new stake in Taiwan Semiconductor Manufacturing in the second quarter worth about $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 period. 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 period. Finally, Main Street Financial Solutions LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the second quarter worth about $270,000. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Surging AI demand and strong guidance: TSMC is guiding Q1 revenue of $34.6–$35.8B (nearly 40% YoY) and analysts expect continued record profits driven by AI/data-center chips — a primary bullish driver for sales and multiple expansion. Taiwan Semiconductor Q1: Middle East War Consequences And The Zero-Availability Crisis
• Positive Sentiment: Record-profit expectations: Multiple outlets report TSMC is likely to post a fourth straight quarter of record profit and large YoY net-profit gains as AI chip demand lifts revenue and pricing power. This frames expectations for an earnings beat. TSMC likely to book fourth straight quarter of record profit on insatiable AI demand
• Positive Sentiment: Technology/roadmap upside: Advanced nodes now make up a large portion of wafer revenue and TSMC has 2nm in mass production, supporting long-term premium margins and market share in AI chips. Taiwan Semiconductor Q1: Middle East War Consequences And The Zero-Availability Crisis
• Positive Sentiment: Insider buy: CEO Che-Chia Wei made a small open-market purchase, a near-term positive governance/confidence signal for investors. SEC Form 4 disclosure
• Neutral Sentiment: Consensus/expectations set to favor a beat: Multiple previews and analyst notes (Zacks, Yahoo, Motley Fool) expect TSMC to beat Q1 estimates, which raises the bar for a strong beat and increases post-earnings volatility. 3 Quarterly Reports to Watch This Week: NFLX, PEP, TSM
• Neutral Sentiment: ETF and index flow focus: Coverage highlights ETFs and funds as a lever for near-term inflows/outflows tied to TSMC’s earnings reaction, which can amplify moves but is not a fundamental change. ETFs to Play Taiwan Semiconductor's Upbeat Results on AI Boom
• Negative Sentiment: Rising costs from overseas expansion: Several previews warn that capex and higher operating costs for overseas fabs could pressure margins even as revenue rises — a key earnings risk. TSM Likely to Beat Q1 Earnings Estimates: How to Play the Stock?
• Negative Sentiment: Geopolitical and supply risks: Middle East tensions and broader “zero-availability” supply constraints are flagged as potential disruptors to the supply chain and market sentiment, which can trigger short-term selloffs. Taiwan Semiconductor Q1: Middle East War Consequences And The Zero-Availability Crisis
• Negative Sentiment: Potential for elevated volatility: With high expectations priced in (near all-time highs, strong momentum), any miss or conservative guidance could amplify downside given stretched multiples. TSMC Q1 Earnings Preview: What to Expect From Upcoming Report

Insider Activity at Taiwan Semiconductor Manufacturing

In other news, VP Bor-Zen Tien purchased 1,000 shares of the business's stock in a transaction dated Sunday, March 22nd. The shares were purchased at an average price of $55.93 per share, for a total transaction of $55,930.00. Following the completion of the acquisition, the vice president directly owned 9,051 shares in the company, valued at $506,222.43. This represents a 12.42% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.11% of the stock is currently owned by insiders.

Taiwan Semiconductor Manufacturing Trading Down 0.3%

NYSE:TSM opened at $369.60 on Tuesday. The company's 50 day moving average price is $351.80 and its 200-day moving average price is $319.56. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $145.84 and a 52 week high of $390.20. The company has a quick ratio of 2.42, a current ratio of 2.62 and a debt-to-equity ratio of 0.17. The stock has a market cap of $1.91 trillion, a price-to-earnings ratio of 34.70, a PEG ratio of 1.01 and a beta of 1.35.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 EPS for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 45.13% and a return on equity of 34.89%. The firm had revenue of $30.65 billion for the quarter. On average, equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 11th will be issued a dividend of $0.9503 per share. The ex-dividend date is Thursday, June 11th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 28.17%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on TSM shares. DA Davidson upgraded shares of Taiwan Semiconductor Manufacturing to a "strong-buy" rating in a report on Friday, February 13th. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, March 22nd. The Goldman Sachs Group restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Monday, January 5th. Barclays upped their price objective on shares of Taiwan Semiconductor Manufacturing from $380.00 to $450.00 and gave the stock an "overweight" rating in a report on Friday, January 16th. Finally, Needham & Company LLC upped their price objective on shares of Taiwan Semiconductor Manufacturing from $360.00 to $410.00 and gave the stock a "buy" rating in a report on Thursday, January 15th. Three research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of "Buy" and a consensus target price of $391.43.

Taiwan Semiconductor Manufacturing Company 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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