Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Acquired by WealthPlan Investment Management LLC

Key Points

• WealthPlan Investment Management increased its TSMC position by 41.6% in the third quarter, owning 5,973 shares valued at approximately $2.7 million. Other major institutions also raised their holdings, although institutional investors collectively own 16.51% of the stock.
• TSMC reported strong profitability, including a $4.62 quarterly EPS, $46.87 billion in revenue, a 50.31% net margin, and a 39.25% return on equity. Analysts maintain a consensus “Buy” rating with an average price target of $528.22.
• The company’s quarterly dividend was reduced to $1.0854 from $1.1136, implying an annualized dividend of $4.34 and a 1.0% yield. Shares recently traded at $418.26, below their 52-week high of $487.47.

WealthPlan Investment Management LLC boosted its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 41.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,973 shares of the semiconductor company's stock after purchasing an additional 1,754 shares during the quarter. WealthPlan Investment Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $2,725,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Janus Henderson Group PLC boosted its position in shares of 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 valued at $2,497,638,000 after purchasing an additional 594,780 shares during the period. Tiger Global Management LLC increased its position 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 worth $1,880,717,000 after buying an additional 1,839,600 shares during the period. Invesco Ltd. increased its position in Taiwan Semiconductor Manufacturing by 1.1% during the fourth quarter. Invesco Ltd. now owns 3,721,823 shares of the semiconductor company's stock worth $1,131,025,000 after buying an additional 40,842 shares during the period. Sei Investments Co. increased its position in Taiwan Semiconductor Manufacturing by 11.8% during the first quarter. Sei Investments Co. now owns 2,591,510 shares of the semiconductor company's stock worth $875,802,000 after buying an additional 274,389 shares during the period. Finally, T. Rowe Price Investment Management Inc. lifted its stake in Taiwan Semiconductor Manufacturing by 168.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,093,115 shares of the semiconductor company's stock valued at $636,077,000 after buying an additional 1,313,917 shares during the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan acquired 350 shares of the stock in a transaction on Tuesday, August 18th. The shares were bought at an average price of $73.58 per share, with a total value of $25,753.00. Following the acquisition, the vice president owned 2,000 shares of the company's stock, valued at $147,160. This trade represents a 21.21% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Shyue-Shyh Lin bought 1,000 shares of the company's stock in a transaction on Tuesday, July 21st. The shares were acquired at an average price of $74.13 per share, for a total transaction of $74,130.00. Following the transaction, the vice president directly owned 30,269 shares in the company, valued at $2,243,840.97. This trade represents a 3.42% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have acquired 16,043 shares of company stock valued at $1,185,746. 1.11% of the stock is owned by corporate insiders.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of Taiwan Semiconductor Manufacturing stock traded down $11.74 during trading hours on Thursday, hitting $418.26. 15,233,043 shares of the company were exchanged, compared to its average volume of 13,041,821. The company has a current ratio of 2.46, a quick ratio of 2.25 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average of $434.77 and a 200-day moving average of $416.47. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $266.82 and a 1 year high of $487.47. The stock has a market capitalization of $2.17 trillion, a price-to-earnings ratio of 30.16, a P/E/G ratio of 0.92 and a beta of 1.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results on Tuesday, September 8th. The semiconductor company reported $4.62 EPS for the quarter. The company had revenue of $46.87 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, analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.60 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed 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. The ex-dividend date is Thursday, December 10th. This is a decrease from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. This represents a $4.34 dividend on an annualized basis and a yield of 1.0%. Taiwan Semiconductor Manufacturing's payout ratio is 24.75%.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Record results and strong guidance: TSMC reported third-quarter net income of approximately NT$763 billion, up 68.7% year over year, while revenue increased about 51%. Earnings exceeded consensus, and fourth-quarter revenue guidance of $52.3 billion to $54.3 billion was well above the roughly $48.8 billion analyst estimate. TSMC posts record profit for a sixth straight quarter, beating estimates on AI boom
• Positive Sentiment: AI demand remains the key growth engine: Advanced technologies accounted for approximately 79% of wafer revenue, supported by demand for AI processors and high-performance computing. Management reportedly sees no near-term slowdown, while industry veteran Steve Williams said AI has disrupted the traditional semiconductor cycle. AI Build-Out Has ‘Broken the Old Demand Cycle,’ Chip Veteran Says as TSMC Posts Record Profit
• Positive Sentiment: Expansion opportunities are broadening: TSMC confirmed discussions with Elon Musk’s proposed Texas “Terafab” complex, potentially creating another avenue for capacity expansion outside Arizona. Needham also raised its price target to $560 and maintained a Buy rating. TSMC confirms talks with Elon Musk’s Terafab
• Neutral Sentiment: TSMC’s reported agreement for GlobalFoundries to manufacture silicon interposers could support supply-chain diversification and AI packaging capacity, although the financial impact on TSM shareholders is not yet clear.
• Negative Sentiment: Market concerns outweighed the earnings beat: Semiconductor stocks broadly sold off after inflation data and rising Treasury yields renewed worries about the cost of AI infrastructure and debt financing. Investors appear to have already priced in much of TSMC’s growth, raising the bar for future results. Stock market today: S&P 500, Nasdaq slip as chip sell-off continues

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on TSM shares. Needham & Company LLC increased their price objective on Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the company a "buy" rating in a report on Thursday. Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 16th. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 7th. Sanford C. Bernstein lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an "outperform" rating in a research note on Tuesday, August 11th. Finally, 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. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $528.22.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited NYSE: TSM, commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world's largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.

TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.

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