Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Acquired by Venture Visionary Partners LLC

Key Points

• Venture Visionary Partners increased its TSMC stake by 34.1% in the third quarter, adding 2,739 shares for a total of 10,775 shares valued at approximately $4.9 million.
• TSMC continues to attract institutional and analyst support, with several major funds expanding their positions and analysts maintaining a consensus “Buy” rating with an average price target of $524.89.
• Shares opened at $472.64, near their 52-week high, while the company reported strong profitability and AI-driven demand; however, its quarterly dividend was reduced to $1.0854 per share from $1.1136.

Venture Visionary Partners LLC grew its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 34.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,775 shares of the semiconductor company's stock after buying an additional 2,739 shares during the period. Venture Visionary Partners LLC's holdings in Taiwan Semiconductor Manufacturing were worth $4,915,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Tiger Global Management LLC grew its stake 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 valued at $1,880,717,000 after acquiring an additional 1,839,600 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in Taiwan Semiconductor Manufacturing by 168.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,093,115 shares of the semiconductor company's stock worth $636,077,000 after purchasing an additional 1,313,917 shares in the last quarter. Corient Private Wealth LLC lifted its stake in Taiwan Semiconductor Manufacturing by 330.0% in the 4th quarter. Corient Private Wealth LLC now owns 1,583,175 shares of the semiconductor company's stock worth $481,111,000 after purchasing an additional 1,215,035 shares in the last quarter. Fundsmith LLP bought a new position in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter valued at about $548,465,000. Finally, Deutsche Bank AG boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 94.3% during the 4th quarter. Deutsche Bank AG now owns 2,264,367 shares of the semiconductor company's stock valued at $688,118,000 after purchasing an additional 1,098,727 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE:TSM opened at $472.64 on Thursday. The firm has a fifty day simple moving average of $431.08 and a two-hundred day simple moving average of $412.62. 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 quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $2.45 trillion, a P/E ratio of 34.10, a PEG ratio of 1.07 and a beta of 1.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (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 for the quarter. On average, analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 earnings per share 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. Shareholders of record on Thursday, December 10th will be paid a dividend of $1.0854 per share. The ex-dividend date of this dividend is Thursday, December 10th. This is a decrease from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. This represents a $4.34 annualized dividend and a yield of 0.9%. Taiwan Semiconductor Manufacturing's payout ratio is presently 24.96%.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: Analyst support remains firm: Goldman Sachs raised its target to TWD 3,300, while Barclays increased its target to $665 and maintained an “overweight” rating. Goldman Sachs raises target for TSM stock
• Positive Sentiment: AI-related demand continues to support TSMC, with analysts highlighting strong expected third-quarter growth, record recent sales, and the ramp of its advanced 2-nanometer process. The October 15 earnings report will likely focus on revenue growth, margins and production plans. TSMC October 15 earnings preview
• Positive Sentiment: TSMC remains a favored AI investment because of its foundry leadership, roughly 45% net margin, dependable earnings and exposure to rising chip demand from customers such as AMD. Top chip stocks for the AI boom
• Neutral Sentiment: Musk said TSMC could potentially sublease part of the Texas Terafab site, but Tesla and SpaceX would retain ownership and operate the facility themselves. Any commercial benefit for TSMC therefore remains uncertain. Musk rules out TSMC operational role
• Negative Sentiment: The lack of an operational role in Terafab, combined with Intel’s confirmed continued participation, removed speculation that TSMC would displace Intel or secure a substantial manufacturing contract. That clarification was the main near-term pressure on TSM shares. Elon Musk rules out potential TSMC role

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on TSM shares. Susquehanna raised 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. Barclays increased their price target on Taiwan Semiconductor Manufacturing from $650.00 to $665.00 and gave the company an "overweight" rating in a research note on Tuesday. Bank of America raised their price target on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a "buy" rating in a report on Wednesday, June 24th. Zacks Research raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 16th. Finally, Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has an average rating of "Buy" and a consensus target price of $524.89.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In related news, VP Bor-Zen Tien bought 1,000 shares of the business's stock in a transaction dated 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 transaction, the vice president owned 14,051 shares in the company, valued at $1,026,566.06. This trade represents a 7.66% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Lipen Yuan bought 350 shares of the business's stock in a transaction dated Tuesday, August 18th. The shares were bought at an average cost of $73.58 per share, for a total transaction of $25,753.00. Following the transaction, the vice president owned 2,000 shares in the company, valued at approximately $147,160. The trade was a 21.21% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 14,559 shares of company stock worth $1,067,931 over the last ninety days. Company insiders own 1.11% of the company's stock.

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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