Sumitomo Mitsui Trust Group Inc. Sells 11,004 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Sumitomo Mitsui Trust Group Inc. lessened its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 2.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 426,539 shares of the semiconductor company's stock after selling 11,004 shares during the quarter. Sumitomo Mitsui Trust Group Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $194,583,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TSM. Tiger Global Management LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 49.4% in the 1st quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company's stock valued at $1,880,717,000 after purchasing an additional 1,839,600 shares in the last quarter. Fundsmith LLP purchased a new position in Taiwan Semiconductor Manufacturing during the second quarter worth approximately $548,465,000. Assenagon Asset Management S.A. purchased a new position in Taiwan Semiconductor Manufacturing during the second quarter worth approximately $490,461,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $444,923,000. Finally, Perseverance Asset Management International grew its holdings in Taiwan Semiconductor Manufacturing by 1,453.9% in the first quarter. Perseverance Asset Management International now owns 446,505 shares of the semiconductor company's stock valued at $150,896,000 after purchasing an additional 417,771 shares during the period. Hedge funds and other institutional investors own 16.51% of the company's stock.

Insider Buying and Selling

In other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan bought 350 shares of the firm's stock in a transaction on Tuesday, August 18th. The shares were acquired at an average cost of $73.58 per share, with a total value of $25,753.00. Following the purchase, the vice president directly owned 2,000 shares of the company's stock, valued at $147,160. This trade represents a 21.21% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. In the last three months, insiders have bought 6,043 shares of company stock valued at $457,926. 1.11% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on TSM shares. Zacks Research upgraded 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 report on Wednesday, October 7th. TD Cowen upped their price objective on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a "hold" rating in a research report on Friday, July 17th. Stifel Nicolaus initiated coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, September 1st. They set a "buy" rating and a $515.00 price objective on the stock. Finally, DA Davidson reiterated a "buy" rating and issued a $500.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 16th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of "Buy" and a consensus price target of $528.78.

Taiwan Semiconductor Manufacturing Trading Down 0.3%

Shares of TSM opened at $405.05 on Monday. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $266.82 and a 52-week high of $487.47. The stock has a market cap of $2.10 trillion, a PE ratio of 26.07, a price-to-earnings-growth ratio of 0.82 and a beta of 1.37. The firm's fifty day moving average is $435.00 and its two-hundred day moving average is $399.49. 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 Thursday, October 15th. The semiconductor company reported $4.60 EPS for the quarter, beating analysts' consensus estimates of $4.45 by $0.15. The business had revenue of $46.72 billion during the quarter, compared to analysts' expectations of $45.67 billion. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. The company's quarterly revenue was up 41.2% compared to the same quarter last year. During the same period in the prior year, the business earned $2.92 earnings per share. Research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently disclosed 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. This represents a $4.34 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, December 10th. This is a negative change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing's payout ratio is currently 22.07%.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC continues to benefit from its position as the world’s leading advanced-chip foundry. Its revenue has consistently exceeded Applied Materials’ over the past eight quarters and has shown a steadier upward trend, supporting the view that demand for leading-edge processors remains strong. Applied Materials vs. Taiwan Semiconductor Manufacturing
• Positive Sentiment: Long-term investor articles continue to identify TSMC as a potential multibagger because of its exposure to AI accelerators, advanced manufacturing and sustained customer demand. The thesis assumes that earnings and cash flow can continue compounding through 2030. What a $10,000 Investment in TSMC Stock Will Be Worth by 2030
• Positive Sentiment: Bell Global Equities Fund continues to hold TSMC, indicating that an institutional investor views the company’s scale, technology leadership and AI exposure as attractive despite the recent volatility. Why Bell Global Equities Fund Continues to Favor TSMC
• Positive Sentiment: Taiwan’s semiconductor industry supports a government review of potentially restarting nuclear power plants. Improved electricity availability and reliability could help address one of TSMC’s key operational risks as chip-fabrication capacity expands. Taiwan Semiconductor Industry Group Backs Nuclear Power Review
• Neutral Sentiment: TSMC remains one of the most closely watched semiconductor stocks, reflecting strong investor interest but also heightened sensitivity to earnings expectations, valuation and news affecting the AI supply chain. TSMC Is Attracting Investor Attention
• Negative Sentiment: Investors are increasingly considering whether AI spending could slow in 2027. A deceleration would pressure the semiconductor sector, although TSMC may hold up better than companies with less differentiated positions because it controls a critical manufacturing bottleneck. If AI Spending Slows in 2027
• Negative Sentiment: Bearish commentary argues that TSMC is spending heavily to defend its lead, raising concerns about capital intensity, execution and whether future returns will justify the investment. Those concerns may be contributing to pressure on the shares after their strong run. TSMC: Spending Its Lead to Keep It

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited NYSE: TSM, commonly known as TSMC, is a dedicated semiconductor foundry headquartered in Hsinchu, Taiwan. The company manufactures integrated circuits for customers that design their own chips, allowing semiconductor, electronics, and technology companies to outsource production rather than operate their own fabrication facilities.

TSMC provides wafer fabrication services across a broad range of process technologies, including advanced nodes used in high-performance computing, smartphones, automotive systems, and artificial intelligence applications.

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