Overbrook Management Corp Acquires 7,947 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Overbrook Management increased its TSMC stake by 12.4%. The firm bought 7,947 additional shares, bringing its holdings to 72,053 shares valued at approximately $32.87 million, or 5.2% of its portfolio.
• Analysts remain broadly bullish on TSMC. The stock has a consensus “Buy” rating and an average price target of $524.89, with three Strong Buy and eleven Buy ratings versus two Holds.
• TSMC reported strong profitability but reduced its dividend. The company posted $4.28 in quarterly EPS, a 50.31% net margin and 39.25% return on equity, while its quarterly dividend fell to $1.0854 from $1.1136.

Overbrook Management Corp boosted its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 12.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72,053 shares of the semiconductor company's stock after buying an additional 7,947 shares during the period. Taiwan Semiconductor Manufacturing makes up about 5.2% of Overbrook Management Corp's investment portfolio, making the stock its 7th largest position. Overbrook Management Corp's holdings in Taiwan Semiconductor Manufacturing were worth $32,870,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Hilton Head Capital Partners LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth $27,000. Strategic Advocates LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 62.1% in the 4th quarter. Strategic Advocates LLC now owns 94 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 36 shares during the period. Evolution Wealth Management Inc. boosted its holdings in Taiwan Semiconductor Manufacturing by 257.7% in the 1st quarter. Evolution Wealth Management Inc. now owns 93 shares of the semiconductor company's stock valued at $31,000 after purchasing an additional 67 shares during the period. Cedar Mountain Advisors LLC grew its position in Taiwan Semiconductor Manufacturing by 88.2% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 64 shares of the semiconductor company's stock worth $31,000 after purchasing an additional 30 shares during the last quarter. Finally, Financial Freedom LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth about $32,000. 16.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on TSM shares. Zacks Research raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 16th. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday. Barclays boosted their price target on Taiwan Semiconductor Manufacturing from $650.00 to $665.00 and gave the company an "overweight" rating in a research note on Tuesday. Susquehanna raised their price objective on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a "positive" rating in a research report on Thursday, July 16th. Finally, Stifel Nicolaus started coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, September 1st. They set a "buy" rating and a $515.00 price objective on the stock. Three 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's stock. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing has a consensus rating of "Buy" and an average target price of $524.89.

Insider Transactions at Taiwan Semiconductor Manufacturing

In related news, VP Bor-Zen Tien bought 3,000 shares of the business's stock in a transaction that occurred on Tuesday, July 21st. The stock was acquired at an average price of $74.39 per share, for a total transaction of $223,170.00. Following the transaction, the vice president directly owned 4,000 shares of the company's stock, valued at $297,560. This represents a 300.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Shyue-Shyh Lin purchased 2,000 shares of the stock in a transaction on Sunday, July 19th. The stock was bought at an average price of $71.71 per share, for a total transaction of $143,420.00. Following the completion of the transaction, the vice president directly owned 28,269 shares of the company's stock, valued at approximately $2,027,169.99. This trade represents a 7.61% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders purchased 16,043 shares of company stock valued at $1,185,746. Corporate insiders own 1.11% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE:TSM traded down $14.27 during midday trading on Thursday, reaching $457.94. 13,394,533 shares of the company's stock were exchanged, compared to its average volume of 13,087,001. The company's 50 day simple moving average is $432.16 and its two-hundred day simple moving average is $413.53. The firm has a market capitalization of $2.38 trillion, a PE ratio of 33.04, a price-to-earnings-growth ratio of 1.07 and a beta of 1.37. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $266.82 and a 12 month high of $487.47. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46.

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 for the quarter. The business had revenue of $39.89 billion for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. Equities research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be issued a $1.0854 dividend. This represents a $4.34 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, December 10th. This is a drop from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing's payout ratio is currently 24.96%.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Record quarterly revenue beat expectations. TSMC reported third-quarter revenue of NT$1.494 trillion, up 50.9% year over year and ahead of both consensus and Wedbush estimates by roughly 3%. September sales rose 54.6% year over year to NT$511.86 billion, reinforcing that demand for AI accelerators and advanced chips remains robust. TSMC's third-quarter revenue surges to record, beating market forecast
• Positive Sentiment: AI demand and capacity expansion remain key growth drivers. Reports say TSMC is considering capital spending of up to $64 billion, while its broader U.S. expansion—including the Arizona buildout—supports long-term supply for high-performance computing and AI customers. Industry commentary suggests demand may still exceed available capacity. TSMC Plans Up to $64 Billion in Capex
• Positive Sentiment: TSMC is partnering with GlobalFoundries on U.S. advanced packaging. The multiyear, $2 billion agreement will establish a U.S. supply of silicon interposers for TSMC’s CoWoS packaging ecosystem, helping expand capacity for AI and high-performance computing while strengthening supply-chain resilience. Production is expected to ramp in 2028. GlobalFoundries Lands $2 Billion TSMC Deal
• Neutral Sentiment: Insider buying provides a modest confidence signal. CEO C.C. Wei, the CFO, and multiple senior executives reported small open-market purchases. The transactions are collectively limited in size relative to TSMC’s market capitalization, so they are unlikely to materially affect the stock.
• Negative Sentiment: Strong results were not enough to overcome market and valuation concerns. TSM shares have decreased as investors took profits near record highs and broader technology stocks weakened. Higher oil prices and Treasury yields have pressured growth-stock valuations, while TSMC’s premium earnings multiple increases sensitivity to any slowdown in AI spending.
• Negative Sentiment: The Terafab opportunity appears limited. Elon Musk said Tesla and SpaceX intend to build and operate their planned Texas AI-chip facility themselves; TSMC could potentially sublease space but is not expected to run the project. This reduces expectations for a major near-term TSMC role. Elon Musk Rules Out Potential TSMC Role in Terafab Operations

About Taiwan Semiconductor Manufacturing

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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