Taiwan Semiconductor Manufacturing Company Ltd. $TSM is Formuepleje A S's 3rd Largest Position

Key Points

• Formuepleje A S cut its TSMC position by 15% in the second quarter, selling 26,041 shares. Despite the reduction, TSMC remains the fund’s third-largest holding, representing 5.5% of its portfolio and valued at $70.7 million.
• TSMC reported quarterly EPS of $4.28 on $39.89 billion in revenue, with a 50.31% net margin and 39.25% return on equity. Shares were trading at $429.07, near the upper end of their 52-week range.
• Analyst sentiment remains positive: TSMC has a consensus “Buy” rating and an average price target of $523.22, while insiders purchased 19,512 shares in the latest quarter. The company also announced a quarterly dividend of $1.0854 per share, yielding about 1.0%.

Formuepleje A S lessened its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 15.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 147,992 shares of the semiconductor company's stock after selling 26,041 shares during the quarter. Taiwan Semiconductor Manufacturing comprises 5.5% of Formuepleje A S's investment portfolio, making the stock its 3rd biggest holding. Formuepleje A S's holdings in Taiwan Semiconductor Manufacturing were worth $70,677,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Twin City Private Wealth LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 0.3% during the first quarter. Twin City Private Wealth LLC now owns 7,315 shares of the semiconductor company's stock worth $2,479,000 after acquiring an additional 25 shares during the last quarter. Graves Light Lenhart Wealth Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 3.4% during the 2nd quarter. Graves Light Lenhart Wealth Inc. now owns 752 shares of the semiconductor company's stock worth $359,000 after purchasing an additional 25 shares during the period. OFS Enterprise LLC grew its position in Taiwan Semiconductor Manufacturing by 4.0% during the 2nd quarter. OFS Enterprise LLC now owns 653 shares of the semiconductor company's stock worth $312,000 after purchasing an additional 25 shares during the last quarter. Wealthcare Capital Partners LLC increased its stake in Taiwan Semiconductor Manufacturing by 1.0% in the second quarter. Wealthcare Capital Partners LLC now owns 2,606 shares of the semiconductor company's stock valued at $1,244,000 after purchasing an additional 25 shares during the period. Finally, Elser Financial Planning Inc raised its holdings in shares of Taiwan Semiconductor Manufacturing by 2.4% in the second quarter. Elser Financial Planning Inc now owns 1,081 shares of the semiconductor company's stock valued at $516,000 after buying an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Up 0.0%

Shares of NYSE:TSM opened at $429.07 on Monday. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $237.90 and a fifty-two week high of $479.00. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14. The firm's 50-day simple moving average is $420.63 and its 200-day simple moving average is $398.18. The company has a market cap of $2.23 trillion, a price-to-earnings ratio of 30.96, a PEG ratio of 0.98 and a beta of 1.39.

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

Taiwan Semiconductor Manufacturing Cuts Dividend

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

Insiders Place Their Bets

In other Taiwan Semiconductor Manufacturing news, SVP Shu-Hua Fang acquired 2,000 shares of the company's stock in a transaction that occurred on Thursday, July 2nd. The shares were purchased at an average price of $77.09 per share, with a total value of $154,180.00. Following the completion of the acquisition, the senior vice president directly owned 8,206 shares of the company's stock, valued at approximately $632,600.54. The trade was a 32.23% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Lipen Yuan acquired 1,000 shares of the company's stock in a transaction that occurred on Tuesday, August 18th. The shares were acquired at an average cost of $74.50 per share, for a total transaction of $74,500.00. Following the acquisition, the vice president directly owned 6,000 shares of the company's stock, valued at $447,000. This trade represents a 20.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders acquired 19,512 shares of company stock valued at $1,450,270. Corporate insiders own 1.11% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on TSM shares. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. Sanford C. Bernstein increased their price objective on Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 11th. DA Davidson lifted their target price on Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the company a "buy" rating in a research note on Friday, July 17th. Weiss Ratings raised Taiwan Semiconductor Manufacturing from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, August 26th. Finally, Susquehanna upped their price target on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a "positive" rating in a research note on Thursday, July 16th. Three analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing has a consensus rating of "Buy" and an average target price of $523.22.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

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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