Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Geneva Partners LLC

Key Points

• Geneva Partners LLC cut its TSMC stake by 6.9% in the third quarter, selling 1,374 shares and retaining 18,570 shares valued at approximately $8.47 million. Institutional investors collectively own 16.51% of the company.
• TSMC reported quarterly earnings of $4.62 per share on $46.87 billion in revenue, with a 51.51% net margin and 42.84% return on equity. The company also reduced its quarterly dividend to $1.0854, implying an annualized yield of about 1.0%.
• Analyst sentiment remains positive, with TSMC carrying a consensus “Buy” rating and an average price target of $528.78, although some commentary warns that the stock’s strong appreciation may have made its valuation appear expensive.

Geneva Partners LLC reduced its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 6.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,570 shares of the semiconductor company's stock after selling 1,374 shares during the quarter. Taiwan Semiconductor Manufacturing comprises about 2.5% of Geneva Partners LLC's investment portfolio, making the stock its 14th largest holding. Geneva Partners LLC's holdings in Taiwan Semiconductor Manufacturing were worth $8,471,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of TSM. Deltec Asset Management LLC raised its holdings in Taiwan Semiconductor Manufacturing by 2.0% during the third quarter. Deltec Asset Management LLC now owns 38,888 shares of the semiconductor company's stock worth $17,740,000 after purchasing an additional 750 shares in the last quarter. Noesis Capital Mangement Corp lifted its position in Taiwan Semiconductor Manufacturing by 2.4% in the third quarter. Noesis Capital Mangement Corp now owns 117,403 shares of the semiconductor company's stock worth $53,558,000 after purchasing an additional 2,793 shares during the period. Westover Capital Advisors LLC lifted its position in Taiwan Semiconductor Manufacturing by 8.4% in the third quarter. Westover Capital Advisors LLC now owns 26,033 shares of the semiconductor company's stock worth $11,876,000 after purchasing an additional 2,028 shares during the period. Leo Wealth LLC bought a new position in Taiwan Semiconductor Manufacturing during the 3rd quarter valued at $1,806,000. Finally, Davidson Kahn Capital Management LLC boosted its stake in Taiwan Semiconductor Manufacturing by 9.0% during the 3rd quarter. Davidson Kahn Capital Management LLC now owns 570 shares of the semiconductor company's stock valued at $260,000 after purchasing an additional 47 shares in the last quarter. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $424.33 on Tuesday. The business has a fifty day simple moving average of $434.25 and a 200-day simple moving average of $396.90. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $266.82 and a 12 month high of $487.47. The stock has a market cap of $2.20 trillion, a PE ratio of 27.31, a price-to-earnings-growth ratio of 0.85 and a beta of 1.37. 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 released its quarterly earnings data on Tuesday, September 8th. The semiconductor company reported $4.62 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. The firm had revenue of $46.87 billion for the quarter. On average, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be paid a $1.0854 dividend. 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. This is a negative change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 22.07%.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien acquired 1,000 shares of the business's stock in a transaction that occurred on Monday, August 3rd. The stock was acquired at an average price of $73.06 per share, with a total value of $73,060.00. Following the transaction, the vice president owned 14,051 shares of the company's stock, valued at approximately $1,026,566.06. This trade represents a 7.66% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lipen Yuan acquired 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction dated Tuesday, August 18th. The stock was acquired at an average cost of $74.50 per share, with a total value of $74,500.00. Following the completion of the transaction, 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 position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 7,043 shares of company stock worth $530,986 in the last quarter. Insiders own 1.11% of the company's stock.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: TSMC is positioned to benefit from continued growth in artificial intelligence and advanced-chip demand. The company is investing to expand production capacity, while its valuation is described as reasonable relative to its growth prospects through 2030. Taiwan Semiconductor Is Set to Cash in on AI
• Positive Sentiment: Wall Street analysts remain optimistic about TSM, which may support investor confidence and buying interest. Analyst recommendations are particularly influential for closely followed semiconductor stocks. Is TSMC a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: TSMC continues to deliver solid operating results and maintains a dominant position in the global foundry market, with profit margins above 50%. These fundamentals reinforce its appeal as an AI infrastructure investment. Intel and TSMC Are Vying for Chip Fabrication Supremacy
• Neutral Sentiment: TSMC is being compared with Apple as a leading technology investment. Apple offers a broad consumer ecosystem and substantial revenue, while TSMC offers specialized exposure to semiconductor manufacturing and higher margins. Apple vs. Taiwan Semiconductor
• Neutral Sentiment: An earnings estimate from Erste Group Bank provides additional visibility into expectations for TSM’s fiscal 2026 performance, although the report does not identify a major change to the company’s outlook. Erste Group Bank's Estimate for TSM FY2026 Earnings
• Negative Sentiment: After roughly quadrupling over three years, TSM shares appear expensive relative to projected free cash flow. This raises the risk that strong future growth may already be reflected in the stock price. TSM Stock Looks Pricey Against Cash Flow
• Negative Sentiment: Although TSMC is producing solid results, investors currently favor Intel’s turnaround narrative and see Intel as offering superior value. That relative preference could weigh on TSM’s near-term performance. Intel and TSMC Are Vying for Chip Fabrication Supremacy

Analyst Upgrades and Downgrades

A number of analysts have recently commented on TSM shares. Stifel Nicolaus started coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, September 1st. They issued a "buy" rating and a $515.00 price objective on the stock. Weiss Ratings raised Taiwan Semiconductor Manufacturing from a "hold (c+)" rating to a "buy (b)" rating in a research note on Wednesday, October 21st. Wall Street Zen cut Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. 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. Finally, DA Davidson reiterated a "buy" rating and issued a $500.00 price target 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 assigned a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of "Buy" and a consensus target price of $528.78.

About Taiwan Semiconductor Manufacturing

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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