Gabelli Funds LLC Increases Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Gabelli Funds LLC boosted its TSM stake by 15.5% in the fourth quarter, buying 2,680 additional shares and bringing its total to 19,940 shares worth about $6.06 million.
• Institutional interest in Taiwan Semiconductor remains broad, with several other funds increasing holdings and hedge funds and other institutional investors owning 16.51% of the company.
• Analysts remain upbeat on TSMC’s outlook, citing strength in AI chip demand and advanced chipmaking technology; the stock currently carries a consensus Buy rating and a target price of $404.29.

Gabelli Funds LLC raised its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 15.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,940 shares of the semiconductor company's stock after buying an additional 2,680 shares during the quarter. Gabelli Funds LLC's holdings in Taiwan Semiconductor Manufacturing were worth $6,060,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Shannon River Fund Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter worth $2,430,000. Vanguard Personalized Indexing Management LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 9.4% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 101,876 shares of the semiconductor company's stock worth $28,470,000 after purchasing an additional 8,738 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of Taiwan Semiconductor Manufacturing by 28.6% in the third quarter. Hantz Financial Services Inc. now owns 37,216 shares of the semiconductor company's stock worth $10,394,000 after acquiring an additional 8,284 shares during the period. Meridian Wealth Management LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 27.9% in the fourth quarter. Meridian Wealth Management LLC now owns 65,974 shares of the semiconductor company's stock worth $20,049,000 after acquiring an additional 14,406 shares during the period. Finally, Hollencrest Capital Management grew its holdings in shares of Taiwan Semiconductor Manufacturing by 125.3% in the third quarter. Hollencrest Capital Management now owns 5,216 shares of the semiconductor company's stock worth $1,457,000 after acquiring an additional 2,901 shares during the period. Hedge funds and other institutional investors own 16.51% of the company's stock.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: BofA reiterated its bullish view after TSMC’s Taiwan Technology Symposium, pointing to progress in next-gen chipmaking and packaging technology, which reinforces the company’s leadership in AI semiconductors. BofA Reiterates Buy on Taiwan Semiconductor (TSM) After Tech Symposium
• Positive Sentiment: Analysts remain constructive on TSMC’s growth outlook, with higher earnings estimates, upbeat price targets, and commentary that the stock still looks attractive despite its recent run. Analyst coverage and price target updates
• Positive Sentiment: Recent coverage continues to frame TSMC as a key beneficiary of AI data-center demand, helped by strong revenue guidance and a large cash balance that supports aggressive capacity expansion. Here's How TSM Targets Growth With Strong Cash Position
• Positive Sentiment: Insider buying from VP Bor-Zen Tien signals internal confidence, and broader institutional interest remains strong even as some funds trim positions. Insider Buying: Taiwan Semiconductor Manufacturing NYSE: TSM VP Purchases 2,000 Shares of Stock
• Neutral Sentiment: Cathie Wood’s ARK funds sold more than $28 million of TSM and AMD, a notable headline, but it appears to be more of a portfolio shift than a company-specific warning. Cathie Wood dumps more semiconductor stocks in blindsiding move
• Negative Sentiment: A broader semiconductor sell-off followed reports of a potential Samsung strike and TSMC’s stake sale in Vanguard International Semiconductor, which raised concern about chip supply chains. Himax, Western Digital, and Amkor Shares Are Falling, What You Need To Know
• Negative Sentiment: Geopolitical headlines remain a drag, with renewed Trump-Xi/Taiwan commentary and Middle East conflict concerns keeping investors alert to possible supply-chain disruptions. Tech investors loved this earnings season — but the Iran war is piling pressure on the companies powering the AI boom

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In related news, VP Bor-Zen Tien bought 2,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were bought at an average cost of $69.91 per share, for a total transaction of $139,820.00. Following the completion of the transaction, the vice president owned 11,051 shares of the company's stock, valued at approximately $772,575.41. This trade represents a 22.10% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Tzu-Sou Chuang sold 200,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $69.83, for a total value of $13,966,000.00. Following the transaction, the vice president owned 2,495,165 shares in the company, valued at $174,237,371.95. This trade represents a 7.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have purchased 3,346 shares of company stock worth $218,005 over the last quarter. 1.11% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on TSM shares. Weiss Ratings raised Taiwan Semiconductor Manufacturing from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, March 20th. Zacks Research lowered Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "hold" rating in a report on Monday, March 16th. Barclays lifted their price objective on Taiwan Semiconductor Manufacturing from $450.00 to $470.00 and gave the stock an "overweight" rating in a report on Wednesday, April 22nd. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, March 22nd. Finally, Dbs Bank raised Taiwan Semiconductor Manufacturing to a "moderate buy" rating in a report on Friday, January 23rd. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of "Buy" and a consensus target price of $404.29.

Taiwan Semiconductor Manufacturing Price Performance

NYSE TSM opened at $401.82 on Thursday. The company has a market capitalization of $2.08 trillion, a PE ratio of 33.43, a price-to-earnings-growth ratio of 1.15 and a beta of 1.39. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.32 and a current ratio of 2.49. The business's fifty day moving average is $368.37 and its 200 day moving average is $337.04. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $190.03 and a fifty-two week high of $421.97.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share for the quarter. The company had revenue of $30.65 billion for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 36.81% and a net margin of 46.97%. Sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.28 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be given a dividend of $1.1136 per share. This represents a $4.45 annualized dividend and a yield of 1.1%. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.95. The ex-dividend date is Wednesday, September 16th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 24.71%.

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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