Segment Wealth Management LLC Purchases 24,525 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Segment Wealth Management LLC increased its TSMC position by 172.1% in the second quarter, purchasing 24,525 additional shares and bringing its holdings to 38,774 shares valued at approximately $18.5 million.
• Other major institutional investors also expanded their TSMC positions, with institutional ownership reaching 16.51%. The buying reflects strong investor interest in TSMC’s exposure to AI-driven demand for advanced chips.
• TSMC reported quarterly earnings of $4.28 per share on $39.89 billion in revenue, while analysts maintain a consensus “Buy” rating and a $524.25 price target. However, the stock’s elevated valuation leaves it exposed to semiconductor-cycle and geopolitical risks.

Segment Wealth Management LLC increased its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 172.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,774 shares of the semiconductor company's stock after buying an additional 24,525 shares during the period. Segment Wealth Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $18,517,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TSM. Tiger Global Management LLC raised its holdings in Taiwan Semiconductor Manufacturing by 49.4% during the first quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company's stock valued at $1,880,717,000 after buying an additional 1,839,600 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Taiwan Semiconductor Manufacturing by 11.1% in the fourth quarter. Van ECK Associates Corp now owns 17,464,962 shares of the semiconductor company's stock worth $5,307,428,000 after buying an additional 1,750,824 shares during the last quarter. Life Cycle Investment Partners Ltd bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter worth about $495,163,000. T. Rowe Price Investment Management Inc. boosted its stake in shares of Taiwan Semiconductor Manufacturing by 168.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,093,115 shares of the semiconductor company's stock worth $636,077,000 after acquiring an additional 1,313,917 shares in the last quarter. Finally, SurgoCap Partners LP acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter valued at about $360,443,000. Institutional investors own 16.51% of the company's stock.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Strong AI-related demand is the central catalyst. Analysts and investors expect continued orders for advanced chips, while major cloud providers are committing nearly $600 billion to capital expenditures. TSMC’s dominant position in logic-chip manufacturing makes it a key beneficiary of this spending cycle. Amazon, Alphabet, and Microsoft Are Dropping Nearly $600 Billion on Capital Expenditures: 1 Clear Winner Emerges
• Positive Sentiment: TSMC’s Arizona operations are reportedly moving toward greater profitability as demand for advanced AI chips accelerates, potentially improving the strategic and financial contribution of its U.S. expansion. TSMC’s Arizona Operations Poised for Bigger Profit This Year as Advanced Chip Demand Accelerates: Report
• Positive Sentiment: Reported open-market insider purchases, strong second-quarter guidance, expected 2-nanometer demand, and recent analyst upgrades are reinforcing confidence in TSMC’s growth outlook. TSMC’s Insider Buying Wave Comes With a Bigger AI Question for Investors
• Positive Sentiment: Second-quarter 13F filings indicate that several large funds rotated from Broadcom into TSMC, a potential sign of institutional preference for TSMC’s semiconductor exposure. Wall Street’s Biggest Funds Are Dumping Broadcom and Adding Taiwan Semiconductor
• Positive Sentiment: Quantitative analysis points to a possible move toward $450 in September after recent weakness, while other bullish commentary argues that TSMC’s unusually rapid growth could persist through the decade. Why There Might Be a Case for Taiwan Semiconductor Stock at $450 in September
• Neutral Sentiment: Several articles characterize TSMC as an attractive “AI skeleton” or relatively inexpensive way to participate in data-center infrastructure growth, but these are investment opinions rather than new company announcements. TSMC: A Bargain For The AI Skeleton
• Negative Sentiment: The main risk is valuation: after a substantial AI-driven rally, investors may demand continued exceptional growth to justify the stock’s premium earnings multiple. Technical projections are also uncertain and do not eliminate semiconductor-cycle or geopolitical risks.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM opened at $430.33 on Tuesday. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.13. The business's 50 day moving average is $426.03 and its two-hundred day moving average is $391.43. The company has a market cap of $2.23 trillion, a P/E ratio of 31.05, a P/E/G ratio of 0.98 and a beta of 1.39. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $223.70 and a 12 month high of $479.00.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. The company had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.37% and a net margin of 50.31%. On average, equities analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be issued a $1.0854 dividend. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $4.34 dividend on an annualized basis and a yield of 1.0%. Taiwan Semiconductor Manufacturing's dividend payout ratio is 21.43%.

Analyst Upgrades and Downgrades

TSM has been the topic of a number of recent analyst reports. TD Cowen raised their price objective on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a "hold" rating in a research note on Friday, July 17th. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, July 6th. Wall Street Zen downgraded Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. Bank of America lifted their price target on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a "buy" rating in a research report on Wednesday, June 24th. Finally, DA Davidson boosted their price objective on shares of 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 investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $524.25.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In related news, VP Bor-Zen Tien acquired 1,000 shares of the business's stock in a transaction dated Monday, August 3rd. The stock was acquired at an average price of $73.06 per share, with a total value of $73,060.00. Following the completion of the transaction, the vice president owned 14,051 shares of the company's stock, valued at approximately $1,026,566.06. This represents a 7.66% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Shyue-Shyh Lin bought 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction that occurred on Tuesday, July 21st. The stock was bought at an average price of $74.13 per share, with a total value of $74,130.00. Following the purchase, the vice president owned 30,269 shares of the company's stock, valued at $2,243,840.97. This trade represents a 3.42% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 16,312 shares of company stock valued at $1,207,238 in the last ninety days. Company 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.

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