Munich Reinsurance Co Stock Corp in Munich Buys 2,651 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Munich Reinsurance increased its TSMC stake by 6.4% in the second quarter, buying 2,651 shares to hold 44,383 shares valued at approximately $21.2 million. Institutional investors own 16.51% of TSMC.
• Analysts remain broadly bullish, with TSMC receiving an average “Buy” rating and a consensus price target of $523.22. The positive outlook is supported by strong AI-chip demand, advanced-packaging investments and TSMC’s leading manufacturing position.
• TSMC reported quarterly revenue of $39.89 billion, EPS of $4.28 and a 50.31% net margin, but investors face valuation and execution risks as the company expands capacity in Arizona and Europe; shares recently traded near $429.07.

Munich Reinsurance Co Stock Corp in Munich boosted its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 6.4% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 44,383 shares of the semiconductor company's stock after buying an additional 2,651 shares during the period. Munich Reinsurance Co Stock Corp in Munich's holdings in Taiwan Semiconductor Manufacturing were worth $21,196,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Hopwood Nicholas Hunter acquired a new stake in Taiwan Semiconductor Manufacturing during the second quarter worth approximately $498,000. Blalock Williams LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 16.1% in the second quarter. Blalock Williams LLC now owns 1,647 shares of the semiconductor company's stock valued at $787,000 after purchasing an additional 228 shares during the last quarter. Plan A Wealth LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 7.4% in the second quarter. Plan A Wealth LLC now owns 2,711 shares of the semiconductor company's stock valued at $1,295,000 after purchasing an additional 187 shares during the last quarter. Box Hill Private Wealth LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 25.9% during the second quarter. Box Hill Private Wealth LLC now owns 1,319 shares of the semiconductor company's stock worth $630,000 after purchasing an additional 271 shares during the period. Finally, Cornerstone Advisors Asset Management LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the second quarter worth approximately $216,000. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing News Summary

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

• Positive Sentiment: TSMC is developing a three-hectare laboratory aimed at speeding supplier validation and addressing its advanced-packaging bottleneck. Because the facility is intended to improve production efficiency rather than add another multibillion-dollar fab, investors may view it as a relatively capital-efficient way to support growing AI-chip demand. TSMC Jumps as a Three-Hectare Lab Attacks Its Packaging Bottleneck
• Positive Sentiment: Goldman Sachs says the AI spending cycle may still be in its early stages, supporting the outlook for TSMC’s leading-edge manufacturing and packaging businesses. Goldman Sachs Says the AI Trade Is Barely Started
• Positive Sentiment: Citi identified TSMC as a stock to watch if Apple’s next premium iPhones, including a potential foldable model, command higher prices. More expensive devices could support Apple’s component spending and TSMC’s high-end chip demand. Apple’s New Foldable iPhone Could Cost $2,000
• Positive Sentiment: Coverage points to rising demand for specialized cleaning chemicals and other materials required by advanced AI-chip fabs, reinforcing the view that TSMC’s strong margins are supported by a broad semiconductor supply chain. TSMC's 67.7% Margin Now Needs Twice the Cleaning Chemistry
• Positive Sentiment: Analyst commentary describes TSMC as a “picks-and-shovels” beneficiary of the AI buildout and argues that its customer diversification and manufacturing position may make it more attractive than many major technology stocks. TSMC Is a Better Buy Than Any of the Magnificent Seven Stocks
• Neutral Sentiment: Senior Vice President Shu-Hua Fang disclosed a purchase of 2,000 shares, increasing personal ownership by 32.23%. The insider buying is supportive sentiment, though the transaction was disclosed well after the purchase and is small relative to TSMC’s market value. SEC insider trading filing
• Negative Sentiment: One valuation analysis estimates TSMC may be about 9% above fair value, while its planned investments in Arizona and Europe increase capital requirements. Investors may therefore remain sensitive to execution risks, returns on new capacity, and any slowdown in AI spending. TSMC Could Be 9% Above Fair Value As Capex Plans Grow

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, July 6th. Weiss Ratings raised shares of Taiwan Semiconductor Manufacturing from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, August 26th. Bank of America lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the stock a "buy" rating in a research note on Wednesday, June 24th. Sanford C. Bernstein raised their target price on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the stock an "outperform" rating in a report on Tuesday, August 11th. Finally, DA Davidson raised their price objective on Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a "buy" rating in a research note on Friday, July 17th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of "Buy" and a consensus target price of $523.22.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $429.07 on Friday. The company has a current ratio of 2.46, a quick ratio of 2.25 and a debt-to-equity ratio of 0.14. The company has a market cap of $2.23 trillion, a PE ratio of 30.96, a price-to-earnings-growth ratio of 0.95 and a beta of 1.39. The company has a 50 day moving average of $420.63 and a 200-day moving average of $397.96. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $237.90 and a 1-year high of $479.00.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. The business had revenue of $39.89 billion for the quarter. As a group, equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.52 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be issued a dividend of $1.0854 per share. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $4.34 dividend on an annualized basis and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing's payout ratio is 25.25%.

Insiders Place Their Bets

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien acquired 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction that occurred on Monday, August 3rd. The shares were acquired 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 of the company's stock, valued at $1,026,566.06. This represents a 7.66% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Shu-Hua Fang bought 2,000 shares of the stock in a transaction on Thursday, July 2nd. The shares were acquired at an average cost of $77.09 per share, with a total value of $154,180.00. Following the purchase, the senior vice president owned 8,206 shares of the company's stock, valued at approximately $632,600.54. This represents a 32.23% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 19,512 shares of company stock valued at $1,450,270 in the last quarter. Corporate insiders own 1.11% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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