Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Bought by GRIMES & Co WEALTH MANAGEMENT LLC

Key Points

• GRIMES & Co Wealth Management increased its TSMC stake by 1.1% in the second quarter, adding 1,433 shares for a total of 134,811 shares valued at approximately $64.4 million. Institutional investors collectively own 16.51% of the company.
• TSMC reported quarterly earnings of $4.28 per share on $39.89 billion in revenue, with a 50.31% net margin and 39.37% return on equity. The company declared a quarterly dividend of $1.0854, equivalent to a 1.0% annual yield.
• Analyst sentiment remains positive, with the stock receiving an average “Buy” rating and an average price target of $524.25. Recent insider purchases and expectations for continued AI-chip demand also support the bullish outlook, although valuation and semiconductor-cycle volatility remain risks.

GRIMES & Co WEALTH MANAGEMENT LLC lifted its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 1.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 134,811 shares of the semiconductor company's stock after purchasing an additional 1,433 shares during the period. Taiwan Semiconductor Manufacturing comprises about 1.4% of GRIMES & Co WEALTH MANAGEMENT LLC's portfolio, making the stock its 12th largest holding. GRIMES & Co WEALTH MANAGEMENT LLC's holdings in Taiwan Semiconductor Manufacturing were worth $64,382,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Twin City Private Wealth LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 0.3% during the 1st quarter. Twin City Private Wealth LLC now owns 7,315 shares of the semiconductor company's stock worth $2,479,000 after buying an additional 25 shares during the period. Graves Light Lenhart Wealth Inc. increased its holdings in Taiwan Semiconductor Manufacturing by 3.4% in the 2nd quarter. Graves Light Lenhart Wealth Inc. now owns 752 shares of the semiconductor company's stock worth $359,000 after acquiring an additional 25 shares in the last quarter. OFS Enterprise LLC increased its holdings in Taiwan Semiconductor Manufacturing by 4.0% in the 2nd quarter. OFS Enterprise LLC now owns 653 shares of the semiconductor company's stock worth $312,000 after acquiring an additional 25 shares in the last quarter. Wealthcare Capital Partners LLC raised its position in Taiwan Semiconductor Manufacturing by 1.0% during the second quarter. Wealthcare Capital Partners LLC now owns 2,606 shares of the semiconductor company's stock worth $1,244,000 after acquiring an additional 25 shares during the period. Finally, Elser Financial Planning Inc raised its position in Taiwan Semiconductor Manufacturing by 2.4% during the second quarter. Elser Financial Planning Inc now owns 1,081 shares of the semiconductor company's stock worth $516,000 after acquiring an additional 25 shares during the period. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

Taiwan Semiconductor Manufacturing stock opened at $413.87 on Wednesday. The firm has a 50 day simple moving average of $425.75 and a 200-day simple moving average of $391.94. The stock has a market cap of $2.15 trillion, a price-to-earnings ratio of 29.86, a price-to-earnings-growth ratio of 0.98 and a beta of 1.39. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.46 and a quick ratio of 2.25. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $223.70 and a 1-year high of $479.00.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.37%. The firm had revenue of $39.89 billion during the quarter. On average, analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be paid 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 is currently 21.43%.

Insiders Place Their Bets

In other news, VP Shyue-Shyh Lin acquired 1,000 shares of the company's stock in a transaction on Tuesday, July 21st. The shares were bought at an average price of $74.13 per share, with a total value of $74,130.00. Following the completion of the acquisition, the vice president owned 30,269 shares in the company, valued at $2,243,840.97. This trade represents a 3.42% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Bor-Zen Tien bought 1,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were acquired at an average price of $73.06 per share, for a total transaction of $73,060.00. Following the completion of the transaction, the vice president owned 14,051 shares of the company's stock, valued at approximately $1,026,566.06. The trade was a 7.66% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have purchased 16,312 shares of company stock valued at $1,207,238. 1.11% of the stock is owned by corporate insiders.

Analyst Ratings Changes

TSM has been the subject of several research analyst reports. TD Cowen upped their price target 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. DA Davidson boosted their price objective on Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a "buy" rating in a research note on Friday, July 17th. Wall Street Zen cut Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. Sanford C. Bernstein increased their target price on Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an "outperform" rating in a report on Tuesday, August 11th. Finally, Bank of America raised their target price on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a "buy" rating in a research report on Wednesday, June 24th. Three research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $524.25.

Taiwan Semiconductor Manufacturing News Summary

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

• Positive Sentiment: U.S. manufacturing expansion is gaining momentum. Bank of America said TSMC’s Arizona operations are progressing and could become increasingly profitable as demand for advanced AI chips grows. This supports long-term revenue diversification and may reduce concerns about the company’s dependence on Taiwan. BofA Sends Bullish Message For Taiwan Semiconductor Stock Fans
• Positive Sentiment: Institutional investors are rotating toward TSMC. Filings show David Tepper’s Appaloosa Management reduced its Micron position while adding to TSMC for a sixth consecutive quarter. Other hedge funds also shifted capital away from Broadcom and toward TSMC, signaling continued confidence in the company’s AI infrastructure exposure. David Tepper Appaloosa TSMC Investment Broadcom Hedge Fund Caution
• Positive Sentiment: AI-related demand remains a key growth driver. Reports cite robust demand for 2-nanometer production and advanced chips, while Cerebras’ expanding AI-inference business relies on TSMC-manufactured 5-nanometer wafers. Arizona output is also expected to contribute more meaningfully to revenue and profit this year. TSMC Arizona Operations Profit Report
• Positive Sentiment: Insider buying and analyst optimism provide additional support. Open-market purchases by TSMC insiders, together with favorable guidance and AI-driven analyst upgrades, reinforce the bullish long-term view. Quantitative analysis also points to a potential recovery toward $450 in September, although that forecast is not guaranteed. TSMC Insider Buying TSMC September Price Case
• Neutral Sentiment: TSMC’s strong profitability and central role in AI hardware make it attractive to growth investors, but its elevated valuation and exposure to semiconductor-cycle volatility may be contributing to near-term caution.

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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