Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Acquired by Colton Groome Financial Advisors LLC

Key Points

• Colton Groome Financial Advisors nearly doubled its TSMC position by purchasing 5,397 additional shares, bringing its holdings to 10,871 shares valued at approximately $4.96 million.
• Analyst sentiment remains positive: TSMC has a consensus “Buy” rating and an average price target of $524.89, with several firms recently raising their targets.
• TSMC shares traded near a 52-week high at $483.32, while the company reported $39.89 billion in quarterly revenue and declared a reduced quarterly dividend of $1.0854 per share.

Colton Groome Financial Advisors LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 98.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,871 shares of the semiconductor company's stock after purchasing an additional 5,397 shares during the period. Taiwan Semiconductor Manufacturing comprises approximately 1.2% of Colton Groome Financial Advisors LLC's holdings, making the stock its 20th largest holding. Colton Groome Financial Advisors LLC's holdings in Taiwan Semiconductor Manufacturing were worth $4,959,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Cedar Mountain Advisors LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 88.2% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 64 shares of the semiconductor company's stock worth $31,000 after buying an additional 30 shares during the last quarter. Markowski Investments purchased a new stake in Taiwan Semiconductor Manufacturing in the second quarter worth $33,000. Hilton Head Capital Partners LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth $27,000. Evolution Wealth Management Inc. boosted its holdings in Taiwan Semiconductor Manufacturing by 257.7% in the first quarter. Evolution Wealth Management Inc. now owns 93 shares of the semiconductor company's stock valued at $31,000 after acquiring an additional 67 shares in the last quarter. Finally, Strategic Advocates LLC increased its position in Taiwan Semiconductor Manufacturing by 62.1% during the 4th quarter. Strategic Advocates LLC now owns 94 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 36 shares during the period. Institutional investors own 16.51% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on TSM shares. Weiss Ratings upgraded shares of Taiwan Semiconductor Manufacturing from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, September 22nd. TD Cowen boosted their price target on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a "hold" rating in a research report on Friday, July 17th. Stifel Nicolaus began coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, September 1st. They issued a "buy" rating and a $515.00 price target for the company. Sanford C. Bernstein raised their price objective on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the stock an "outperform" rating in a report on Tuesday, August 11th. Finally, Susquehanna lifted their price objective on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a "positive" rating in a research report on Thursday, July 16th. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Taiwan Semiconductor Manufacturing has an average rating of "Buy" and a consensus target price of $524.89.

Insider Activity

In other news, VP Shyue-Shyh Lin bought 2,000 shares of the company's stock in a transaction on Sunday, July 19th. The shares were acquired at an average cost of $71.71 per share, with a total value of $143,420.00. Following the completion of the transaction, the vice president owned 28,269 shares of the company's stock, valued at approximately $2,027,169.99. This trade represents a 7.61% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Lipen Yuan purchased 1,000 shares of the business's stock in a transaction on Tuesday, August 18th. The shares were purchased at an average price of $74.50 per share, with a total value of $74,500.00. Following the completion of the purchase, the vice president owned 6,000 shares in the company, valued at approximately $447,000. This trade represents a 20.00% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought 14,559 shares of company stock valued at $1,067,931 in the last ninety days. 1.11% of the stock is currently owned by company insiders.

Taiwan Semiconductor Manufacturing Stock Down 0.5%

NYSE TSM traded down $2.48 during trading hours on Tuesday, reaching $483.32. 4,649,433 shares of the company's stock traded hands, compared to its average volume of 13,095,138. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $266.82 and a 52-week high of $487.47. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.46 and a quick ratio of 2.25. The firm has a 50-day simple moving average of $427.31 and a 200 day simple moving average of $410.67. The firm has a market cap of $2.51 trillion, a PE ratio of 34.89, a PEG ratio of 1.05 and a beta of 1.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%.The business had revenue of $39.89 billion for the quarter. Sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be issued a dividend of $1.0854 per share. This represents a $4.34 annualized dividend and a dividend yield of 0.9%. 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 payout ratio is currently 24.75%.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Barclays raised its price target for TSM from $650 to $665 and maintained an “overweight” rating, implying substantial additional upside. Taiwan Semiconductor Manufacturing Stock Gets Price Target Bump from Barclays
• Positive Sentiment: Elon Musk confirmed early discussions with TSMC regarding Terafab, a proposed Texas chip plant intended to support Tesla, SpaceX and xAI. Although no agreement has been announced, the possibility reinforces TSMC’s strategic importance and could create a new source of demand. Musk confirms talks with TSMC over Terafab chip plant
• Positive Sentiment: Recent coverage points to record monthly sales and sustained demand from Nvidia, Apple and other leading chip designers. Investors are also looking to TSMC’s 2-nanometer ramp as a longer-term growth driver. TSMC Is Set Up for a Big October 15
• Neutral Sentiment: TSM has reached a fresh 52-week high, prompting investors to assess whether strong fundamentals can justify further gains. The October 15 earnings release, analyst estimates and options positioning are likely to influence the next move. TSMC Hits Fresh High
• Negative Sentiment: The key earnings risk is profitability: analysts expect strong revenue growth, but the stock’s reaction may depend more on management’s margin guidance as TSMC ramps costly 2nm production and expands overseas factories. Lower initial margins could pressure its premium valuation. TSMC Q3 Preview

Taiwan Semiconductor Manufacturing 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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