Moody National Bank Trust Division Cuts Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Moody National Bank Trust Division cut its TSMC position by 24.7% in the third quarter, selling 2,053 shares and retaining 6,258 shares valued at approximately $2.86 million.
• Analyst sentiment remains strongly positive: TSMC has a consensus “Buy” rating and an average price target of $524.89, supported by expectations for strong AI-chip demand and the upcoming 2nm production ramp.
• TSMC shares recently traded near their 52-week high at $482.61, while the company reported $4.28 in quarterly EPS and $39.89 billion in revenue. Its quarterly dividend was reduced to $1.0854, producing an annualized yield of about 0.9%.

Moody National Bank Trust Division lowered its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 24.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,258 shares of the semiconductor company's stock after selling 2,053 shares during the quarter. Moody National Bank Trust Division's holdings in Taiwan Semiconductor Manufacturing were worth $2,855,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TSM. Hilton Head Capital Partners LLC bought a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth about $27,000. Strategic Advocates LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 62.1% during the fourth quarter. Strategic Advocates LLC now owns 94 shares of the semiconductor company's stock valued at $28,000 after buying an additional 36 shares during the last quarter. Evolution Wealth Management Inc. grew its stake in shares of Taiwan Semiconductor Manufacturing by 257.7% during 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 during the last quarter. Cedar Mountain Advisors LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 88.2% in the second quarter. Cedar Mountain Advisors LLC now owns 64 shares of the semiconductor company's stock worth $31,000 after buying an additional 30 shares during the period. Finally, Financial Freedom LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter worth approximately $32,000. Institutional investors own 16.51% of the company's stock.

Analyst Ratings Changes

TSM has been the subject of a number of recent analyst reports. Bank of America boosted their price objective on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a "buy" rating in a report on Wednesday, June 24th. Stifel Nicolaus assumed coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, September 1st. They issued a "buy" rating and a $515.00 target price on the stock. TD Cowen lifted their target price on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a "hold" rating in a research report on Friday, July 17th. Zacks Research raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 16th. Finally, Susquehanna upped their price target on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a "positive" rating in a report on Thursday, July 16th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of "Buy" and a consensus target price of $524.89.

Insider Activity at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien acquired 1,000 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was bought at an average cost of $73.06 per share, with a total value of $73,060.00. Following the completion of the purchase, the vice president directly owned 14,051 shares in the company, valued at $1,026,566.06. The trade was a 7.66% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Shyue-Shyh Lin bought 1,000 shares of the company's stock in a transaction on Tuesday, July 21st. The shares were acquired at an average price of $74.13 per share, for a total transaction of $74,130.00. Following the completion of the acquisition, the vice president owned 30,269 shares in the company, valued at $2,243,840.97. This represents a 3.42% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 14,559 shares of company stock worth $1,067,931 over the last three months. 1.11% of the stock is owned by corporate insiders.

Taiwan Semiconductor Manufacturing Trading Down 0.7%

NYSE:TSM traded down $3.19 during midday trading on Tuesday, hitting $482.61. The stock had a trading volume of 8,324,628 shares, compared to its average volume of 13,115,597. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $266.82 and a one year high of $487.47. The company has a market capitalization of $2.50 trillion, a price-to-earnings ratio of 34.82, a PEG ratio of 1.05 and a beta of 1.37. The stock has a 50-day moving average of $427.31 and a 200 day moving average of $410.67. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued 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 during the quarter. As a group, sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be issued a $1.0854 dividend. The ex-dividend date is Thursday, December 10th. This is a decrease from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. This represents a $4.34 annualized dividend and a dividend yield of 0.9%. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 24.75%.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: Barclays raised its TSM price target from $650 to $665 and maintained an “overweight” rating, citing potential upside as the company benefits from advanced-chip demand. Taiwan Semiconductor Stock Gets Price Target Bump from Barclays
• Positive Sentiment: Strong artificial-intelligence demand, firm July-August sales, rising earnings estimates, and the upcoming 2nm production ramp have raised expectations for TSMC’s third-quarter results. TSMC Q3 Earnings: Strong AI Demand Sets the Bar High for Growth
• Positive Sentiment: Elon Musk’s confirmation of early discussions involving TSMC and the Terafab chip-manufacturing initiative continues to support sentiment, although the talks remain preliminary and unconfirmed in detail. Musk Confirms Talks with TSMC Over Terafab Chip Plant
• Neutral Sentiment: Taiwan’s new Phoenix office highlights the strategic importance of TSMC’s expanding Arizona operations and broader U.S. chip investment, but overseas facilities may initially carry higher costs and lower margins. Taiwan Opens Phoenix Office as Arizona Chip Investment Grows
• Negative Sentiment: With TSMC trading near a 52-week high, investors appear focused on whether October 15 earnings can justify the valuation. The key swing factor may be management’s margin guidance rather than revenue alone, particularly as 2nm production scales. TSMC Is Set Up for a Big October 15

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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