Farther Finance Advisors LLC Acquires 9,431 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Farther Finance Advisors LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 19.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,502 shares of the semiconductor company's stock after buying an additional 9,431 shares during the period. Farther Finance Advisors LLC's holdings in Taiwan Semiconductor Manufacturing were worth $27,902,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Brighton Jones LLC raised its holdings in Taiwan Semiconductor Manufacturing by 20.9% during the fourth 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 position in Taiwan Semiconductor Manufacturing during the second quarter worth $701,000. Bank of Nova Scotia raised its position in Taiwan Semiconductor Manufacturing by 12.8% during the second quarter. Bank of Nova Scotia now owns 15,697 shares of the semiconductor company's stock worth $3,556,000 after acquiring an additional 1,784 shares in the last quarter. FWL Investment Management LLC raised its position in Taiwan Semiconductor Manufacturing by 26.5% during the second quarter. FWL Investment Management LLC now owns 253 shares of the semiconductor company's stock worth $57,000 after acquiring an additional 53 shares in the last quarter. Finally, Main Street Financial Solutions LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the second quarter valued at $270,000. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: Strong AI-related demand is the central catalyst. Analysts and investors expect continued orders for advanced chips, while major cloud providers are committing nearly $600 billion to capital expenditures. TSMC’s dominant position in logic-chip manufacturing makes it a key beneficiary of this spending cycle. Amazon, Alphabet, and Microsoft Are Dropping Nearly $600 Billion on Capital Expenditures: 1 Clear Winner Emerges
• Positive Sentiment: TSMC’s Arizona operations are reportedly moving toward greater profitability as demand for advanced AI chips accelerates, potentially improving the strategic and financial contribution of its U.S. expansion. TSMC’s Arizona Operations Poised for Bigger Profit This Year as Advanced Chip Demand Accelerates: Report
• Positive Sentiment: Reported open-market insider purchases, strong second-quarter guidance, expected 2-nanometer demand, and recent analyst upgrades are reinforcing confidence in TSMC’s growth outlook. TSMC’s Insider Buying Wave Comes With a Bigger AI Question for Investors
• Positive Sentiment: Second-quarter 13F filings indicate that several large funds rotated from Broadcom into TSMC, a potential sign of institutional preference for TSMC’s semiconductor exposure. Wall Street’s Biggest Funds Are Dumping Broadcom and Adding Taiwan Semiconductor
• Positive Sentiment: Quantitative analysis points to a possible move toward $450 in September after recent weakness, while other bullish commentary argues that TSMC’s unusually rapid growth could persist through the decade. Why There Might Be a Case for Taiwan Semiconductor Stock at $450 in September
• Neutral Sentiment: Several articles characterize TSMC as an attractive “AI skeleton” or relatively inexpensive way to participate in data-center infrastructure growth, but these are investment opinions rather than new company announcements. TSMC: A Bargain For The AI Skeleton
• Negative Sentiment: The main risk is valuation: after a substantial AI-driven rally, investors may demand continued exceptional growth to justify the stock’s premium earnings multiple. Technical projections are also uncertain and do not eliminate semiconductor-cycle or geopolitical risks.

Insider Transactions at Taiwan Semiconductor Manufacturing

In other news, VP Bor-Zen Tien bought 1,000 shares of the firm's stock in a transaction dated Monday, August 3rd. The shares were bought at an average price of $73.06 per share, with a total value of $73,060.00. Following the completion of the transaction, the vice president owned 14,051 shares of the company's stock, 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 Lipen Yuan purchased 1,000 shares of the company's stock in a transaction that occurred on Monday, June 22nd. The shares were purchased at an average cost of $79.19 per share, with a total value of $79,190.00. Following the completion of the acquisition, the vice president owned 5,000 shares in the company, valued at $395,950. The trade was a 25.00% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought a total of 16,312 shares of company stock worth $1,207,238 over the last quarter. Company insiders own 1.11% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

NYSE:TSM opened at $430.33 on Tuesday. The company has a market cap of $2.23 trillion, a P/E ratio of 31.05, a P/E/G ratio of 0.98 and a beta of 1.39. The firm's fifty day moving average price is $426.03 and its two-hundred day moving average price is $391.43. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $223.70 and a one year high of $479.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.46 and a quick ratio of 2.25.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. The company 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 39.37%. Equities analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently disclosed 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 represents a $4.34 annualized dividend and a yield of 1.0%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 21.43%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TSM shares. Bank of America lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a "buy" rating in a research report on Wednesday, June 24th. Needham & Company LLC raised their target price on shares of Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the company a "buy" rating in a research note on Monday, July 27th. TD Cowen lifted 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. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, July 6th. Finally, Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of "Buy" and an average price target of $524.25.

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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