Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Acquired by Montanova Capital LLC

Key Points

• Montanova Capital increased its TSMC position by 2.0% in the second quarter, bringing its holdings to 304,627 shares valued at approximately $145.5 million. Institutional investors and hedge funds collectively own 16.51% of the company.
• Wall Street remains broadly bullish, with three analysts rating TSMC a Strong Buy and 12 assigning a Buy rating. The consensus price target is $524.25, with recent targets ranging from $530 to $650.
• TSMC reported quarterly revenue of $39.89 billion and earnings of $4.28 per share, supported by a 50.31% net margin and continued AI-related demand. Shares opened at $415.68, while two vice presidents and other insiders also purchased shares recently.

Montanova Capital LLC boosted its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 2.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 304,627 shares of the semiconductor company's stock after acquiring an additional 5,920 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 2.4% of Montanova Capital LLC's investment portfolio, making the stock its 11th biggest position. Montanova Capital LLC's holdings in Taiwan Semiconductor Manufacturing were worth $145,481,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fisher Asset Management LLC raised its position in Taiwan Semiconductor Manufacturing by 1.8% in the fourth quarter. Fisher Asset Management LLC now owns 18,146,900 shares of the semiconductor company's stock valued at $5,514,662,000 after purchasing an additional 313,773 shares during the period. Van ECK Associates Corp raised its holdings in shares of Taiwan Semiconductor Manufacturing by 11.1% during the 4th quarter. Van ECK Associates Corp now owns 17,464,962 shares of the semiconductor company's stock valued at $5,307,428,000 after buying an additional 1,750,824 shares during the period. Bank of America Corp DE lifted its position in Taiwan Semiconductor Manufacturing by 6.5% during the 4th quarter. Bank of America Corp DE now owns 15,902,819 shares of the semiconductor company's stock worth $4,832,708,000 after acquiring an additional 966,926 shares in the last quarter. Coatue Management LLC lifted its position in Taiwan Semiconductor Manufacturing by 6.9% during the 4th quarter. Coatue Management LLC now owns 8,629,524 shares of the semiconductor company's stock worth $2,622,426,000 after acquiring an additional 556,988 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in Taiwan Semiconductor Manufacturing by 7.7% in the 4th quarter. Janus Henderson Group PLC now owns 8,291,884 shares of the semiconductor company's stock worth $2,497,638,000 after acquiring an additional 594,780 shares during the period. 16.51% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Bank of America maintained a Buy rating and set a $590 price target, citing TSMC’s leadership in advanced manufacturing nodes and silicon photonics, continued AI demand and an attractive valuation. TSMC Earns Buy Rating as Analyst Sees AI-Driven Upside
• Positive Sentiment: Billionaire investor Daniel Loeb increased his TSMC position from 275,000 to 460,000 shares, a roughly 67% increase. The purchase signals institutional confidence in the company’s AI exposure, strong earnings growth and substantial capital investment. Billionaire Investor Raises TSMC Stake 67%
• Positive Sentiment: A report on Elon Musk’s planned $119 billion chip-focused facility near Houston underscores the scale of expected semiconductor and AI infrastructure spending. TSMC could benefit indirectly if the expansion increases demand for leading-edge chips, although the article does not identify a direct TSMC contract. Elon Musk Is Spending $119 Billion on a Single Building Outside Houston
• Positive Sentiment: Additional commentary describes TSMC as a leading potential long-term winner in the AI hardware race, reinforcing the view that its manufacturing scale and technology position could support sustained demand. This Semiconductor Giant Will Be the Ultimate Winner of the AI Hardware Race
• Neutral Sentiment: Coverage comparing TSMC with ASML frames both as important semiconductor beneficiaries but does not provide a new company-specific catalyst. TSMC vs. ASML
• Neutral Sentiment: Taiwan’s stock exchange chief urged investors to look beyond TSMC, noting that the company represents about two-fifths of Taiwan’s market value. The comments highlight TSMC’s importance but also the concentration of Taiwan’s market around one company. Why the Head of Taiwan’s Stock Exchange Wants You to Look Past TSMC

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on TSM. Susquehanna lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a "positive" rating in a research note on Thursday, July 16th. Needham & Company LLC raised their price target on shares of Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the company a "buy" rating in a report on Monday, July 27th. Zacks Research raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 16th. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, July 6th. Finally, Barclays lifted their target price on Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the stock an "overweight" rating in a research report on Friday, July 17th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $524.25.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In other news, VP Bor-Zen Tien bought 1,000 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The shares were purchased at an average price of $73.06 per share, with a total value of $73,060.00. Following the completion of the acquisition, the vice president directly owned 14,051 shares in the company, valued at approximately $1,026,566.06. This trade represents a 7.66% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Shyue-Shyh Lin acquired 1,000 shares of the company's stock in a transaction dated Tuesday, July 21st. The stock was purchased at an average cost of $74.13 per share, for a total transaction of $74,130.00. Following the purchase, the vice president directly owned 30,269 shares in the company, valued at approximately $2,243,840.97. This represents a 3.42% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 17,662 shares of company stock valued at $1,307,491 in the last quarter. Corporate insiders own 1.11% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock opened at $415.68 on Tuesday. The stock has a market capitalization of $2.16 trillion, a price-to-earnings ratio of 29.99, a PEG ratio of 0.96 and a beta of 1.39. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $225.63 and a one year high of $479.00. The company's 50-day simple moving average is $421.95 and its 200-day simple moving average is $396.76. 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 released its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. The firm had revenue of $39.89 billion during the quarter. Equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.45 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be given a $1.0854 dividend. This represents a $4.34 annualized dividend and a yield of 1.0%. The ex-dividend date is Thursday, December 10th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 21.43%.

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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