Spinnaker Trust Acquires 1,336 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Spinnaker Trust increased its Taiwan Semiconductor Manufacturing position by 3.7% in the fourth quarter, adding 1,336 shares to bring its total to 37,188 shares worth about $11.3 million.
• TSMC shares were trading up, with the stock opening at $436.00 and sitting near its 52-week high of $449.39, reflecting a strong run for the semiconductor giant.
• The company recently raised its quarterly dividend to $1.1136 per share from $0.95, while analysts remain generally bullish with a consensus rating of “Buy” and an average price target of $404.29.

Spinnaker Trust raised its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 3.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,188 shares of the semiconductor company's stock after acquiring an additional 1,336 shares during the quarter. Spinnaker Trust's holdings in Taiwan Semiconductor Manufacturing were worth $11,301,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Stephens Consulting LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 82.0% in the 4th quarter. Stephens Consulting LLC now owns 91 shares of the semiconductor company's stock valued at $28,000 after buying an additional 41 shares during the last quarter. Ares Financial Consulting LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $29,000. Basepoint Wealth LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $31,000. Resources Management Corp CT ADV acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter valued at approximately $32,000. Finally, Maseco LLP acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $35,000. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Stock Up 4.2%

TSM opened at $436.00 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $192.20 and a fifty-two week high of $449.39. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.31 and a current ratio of 2.49. The company has a market capitalization of $2.26 trillion, a P/E ratio of 36.27, a P/E/G ratio of 1.22 and a beta of 1.39. The stock has a fifty day moving average of $380.19 and a 200-day moving average of $343.92.

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

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Wednesday, September 16th will be issued a dividend of $1.1136 per share. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.95. This represents a $4.45 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, September 16th. Taiwan Semiconductor Manufacturing's payout ratio is 25.04%.

Insiders Place Their Bets

In related news, VP Bor-Zen Tien purchased 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 19th. The shares were bought at an average price 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 purchase was disclosed in a document filed with the SEC, which is available through this link. Also, VP Tzu-Sou Chuang sold 200,000 shares of the firm's stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total value of $13,966,000.00. Following the completion of the transaction, the vice president owned 2,495,165 shares in the company, valued at $174,237,371.95. The trade was a 7.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders purchased 3,346 shares of company stock worth $218,005 in the last 90 days. 1.11% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on TSM shares. Zacks Research downgraded Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "hold" rating in a report on Monday, March 16th. DA Davidson reissued a "buy" rating and issued a $450.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Friday, April 17th. Needham & Company LLC increased their price objective on Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the company a "buy" rating in a report on Thursday, April 16th. Wedbush reissued an "outperform" rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, February 11th. Finally, Wall Street Zen raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, March 22nd. Two investment 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, the stock currently has a consensus rating of "Buy" and a consensus target price of $404.29.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC was linked to Nvidia’s latest AI momentum, with reports that the company is expanding use of Nvidia AI technologies across chip development and manufacturing operations, underscoring the strategic partnership between the two firms. TSMC Expands Use of NVIDIA AI Technologies Across Chip Production Operations
• Positive Sentiment: Multiple articles pointed to TSMC as a key winner from the AI buildout, including commentary that hyperscalers trying to reduce dependence on Nvidia still create more foundry demand for TSMC either way. Hyperscalers Are Trying To Replace Nvidia's GPUs - TSMC Gets The Upside Either Way
• Positive Sentiment: News that TSMC may raise 3nm chip prices suggested demand remains tight, which can support revenue and margins if customers continue to accept higher pricing. TSMC's Price Hike Is Bad For Nvidia Margins — And Potentially Great For Nvidia Stock
• Positive Sentiment: Coverage tied TSMC to the broader AI infrastructure surge, highlighting that it remains one of the most important beneficiaries of rising semiconductor demand. The 3 Stocks Riding NVIDIA's Massive Vera Rubin Rollout
• Neutral Sentiment: TSMC’s ADR premium fell to a two-year low as Taiwan-listed shares outpaced U.S.-listed gains, a valuation/market-structure note rather than a direct fundamental change. TSMC ADR Premium Falls To Two-Year Low As Taipei Shares Surge
• Negative Sentiment: One article flagged TSMC as potentially overvalued after its recent rally, which could temper enthusiasm if investors become more valuation-sensitive. Is Taiwan Semiconductor Manufacturing Co Ltd (TSM) Overvalued After 4.1% Rally? GF Value Says Overvalued
• Negative Sentiment: Reports that TSMC is reducing its stake in Vanguard International Semiconductor may raise some questions about portfolio rebalancing, though it does not appear to be a core operating concern. Why TSMC (TSM) Is Reducing Stake in Vanguard Semiconductor Stock

Taiwan Semiconductor Manufacturing 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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