FRG Family Wealth Advisors LLC Increases Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• FRG Family Wealth Advisors LLC raised its stake in Taiwan Semiconductor (NYSE:TSM) by 102.1% in Q4, buying an additional 4,079 shares to hold 8,076 shares valued at $2.454 million.
• Insider activity: VP Bor‑Zen Tien bought 1,000 shares at $55.93 on March 22, increasing his holding to 9,051 shares (a 12.42% rise).
• Company snapshot: TSMC has a market cap of about $1.79 trillion, reported $30.65 billion in quarterly revenue and $3.11 EPS, carries a consensus Buy rating with a $391.43 target, and pays an annualized dividend of $3.80 (≈1.1% yield).

FRG Family Wealth Advisors LLC raised its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 102.1% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 8,076 shares of the semiconductor company's stock after purchasing an additional 4,079 shares during the period. FRG Family Wealth Advisors LLC's holdings in Taiwan Semiconductor Manufacturing were worth $2,454,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 20.9% during the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock valued at $2,159,000 after acquiring an additional 1,892 shares during the period. Gamco Investors INC. ET AL bought a new position in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter valued at approximately $701,000. Gabelli Funds LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 6.0% during the 2nd quarter. Gabelli Funds LLC now owns 18,630 shares of the semiconductor company's stock valued at $4,220,000 after acquiring an additional 1,060 shares during the period. Cary Street Partners Financial LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 19.1% during the 2nd quarter. Cary Street Partners Financial LLC now owns 13,770 shares of the semiconductor company's stock valued at $3,119,000 after acquiring an additional 2,210 shares during the period. Finally, Bank of Nova Scotia grew its stake in shares of Taiwan Semiconductor Manufacturing by 12.8% during the 2nd quarter. Bank of Nova Scotia now owns 15,697 shares of the semiconductor company's stock valued at $3,556,000 after acquiring an additional 1,784 shares during the period. Institutional investors own 16.51% of the company's stock.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien bought 1,000 shares of the business's stock in a transaction that occurred on Sunday, March 22nd. The stock was purchased at an average cost of $55.93 per share, with a total value of $55,930.00. Following the completion of the acquisition, the vice president owned 9,051 shares in the company, valued at $506,222.43. This trade represents a 12.42% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.11% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM opened at $344.62 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.42 and a current ratio of 2.62. The company has a market cap of $1.79 trillion, a P/E ratio of 32.36, a P/E/G ratio of 0.93 and a beta of 1.35. The firm's fifty day moving average is $349.46 and its two-hundred day moving average is $317.04. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $137.90 and a 52-week high of $390.20.

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

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 11th will be issued a $0.9503 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 28.17%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on TSM shares. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, March 22nd. Wedbush restated an "outperform" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, February 11th. Weiss Ratings upgraded Taiwan Semiconductor Manufacturing from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, March 20th. Zacks Research downgraded Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 16th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, January 5th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently 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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