Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Bought by Valmark Advisers Inc.

Key Points

• Valmark Advisers increased its TSM holdings by 33.6% in the third quarter, ending the period with 9,313 shares valued at about $4.25 million. Institutional investors collectively owned 16.51% of the company.
• Insiders bought 7,869 shares worth a total of $823,771 over the past 90 days. Analysts’ consensus rating was Buy, with an average price target of $533.89.
• TSMC beat quarterly earnings and revenue estimates, with revenue up 41.2% year over year, and raised its quarterly dividend to $1.3663 per share.

Valmark Advisers Inc. boosted its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 33.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,313 shares of the semiconductor company's stock after purchasing an additional 2,341 shares during the quarter. Valmark Advisers Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $4,248,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Cooper Financial Group increased its position in shares of Taiwan Semiconductor Manufacturing by 0.3% in the third quarter. Cooper Financial Group now owns 6,313 shares of the semiconductor company's stock valued at $2,880,000 after buying an additional 22 shares in the last quarter. Dickmeyer Boyce Financial Management Inc. raised its stake in shares of Taiwan Semiconductor Manufacturing by 0.7% during the 3rd quarter. Dickmeyer Boyce Financial Management Inc. now owns 3,459 shares of the semiconductor company's stock worth $1,578,000 after buying an additional 23 shares during the period. Whelan Financial lifted its position in shares of Taiwan Semiconductor Manufacturing by 2.3% during the 3rd quarter. Whelan Financial now owns 1,040 shares of the semiconductor company's stock valued at $474,000 after buying an additional 23 shares in the last quarter. Plan A Wealth LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 0.9% during the 3rd quarter. Plan A Wealth LLC now owns 2,735 shares of the semiconductor company's stock valued at $1,248,000 after buying an additional 24 shares in the last quarter. Finally, Graves Light Lenhart Wealth Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing by 3.4% during the 2nd quarter. Graves Light Lenhart Wealth Inc. now owns 752 shares of the semiconductor company's stock valued at $359,000 after buying an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

Insider Activity

In other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan bought 1,000 shares of the firm's stock in a transaction on Sunday, November 1st. The shares were acquired at an average cost of $71.49 per share, with a total value of $71,490.00. Following the purchase, the vice president directly owned 8,000 shares of the company's stock, valued at $571,920. This trade represents a 14.29% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Michael R. Splinter bought 840 shares of the stock in a transaction dated Thursday, November 5th. The shares were bought at an average price of $357.00 per share, for a total transaction of $299,880.00. Following the completion of the acquisition, the director owned 8,405 shares in the company, valued at approximately $3,000,585. The trade was a 11.10% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 7,869 shares of company stock valued at $823,771. 1.11% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on TSM shares. Stifel Nicolaus initiated 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 on the stock. Weiss Ratings cut shares of Taiwan Semiconductor Manufacturing from a "buy (b)" rating to a "hold (c+)" rating in a research note on Wednesday, November 4th. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 7th. Sanford C. Bernstein boosted their price objective on Taiwan Semiconductor Manufacturing from $554.00 to $600.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 4th. Finally, Wall Street Zen cut Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. Three 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. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has an average rating of "Buy" and an average price target of $533.89.

Taiwan Semiconductor Manufacturing Price Performance

TSM traded down $5.99 on Friday, hitting $399.50. 10,704,547 shares of the company's stock were exchanged, compared to its average volume of 14,768,286. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $266.82 and a fifty-two week high of $487.47. 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 firm has a 50-day moving average price of $430.12 and a 200-day moving average price of $402.49. The stock has a market cap of $2.07 trillion, a price-to-earnings ratio of 25.71, a P/E/G ratio of 0.81 and a beta of 1.44.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its earnings results on Thursday, October 15th. The semiconductor company reported $4.60 EPS for the quarter, beating analysts' consensus estimates of $4.45 by $0.15. The business had revenue of $46.72 billion during the quarter, compared to analysts' expectations of $45.67 billion. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. The company's quarterly revenue was up 41.2% compared to the same quarter last year. During the same period in the prior year, the business earned $2.92 earnings per share. As a group, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.36 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 8th. Investors of record on Thursday, March 11th will be paid a dividend of $1.3663 per share. The ex-dividend date of this dividend is Thursday, March 11th. This represents a $5.47 annualized dividend and a yield of 1.4%. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.0854. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 22.07%.

Recent Taiwan Semiconductor Manufacturing Headlines

Here are a few of the latest headlines about TSM:

• Positive Sentiment: TSMC reported record October revenue of NT$586.89 billion, up 59.7% year over year. The strong growth points to continued demand for AI chips and supports expectations that the company’s capacity investments can sustain expansion. Article: TSMC Just Booked a Record NT$587 Billion Month
• Neutral Sentiment: NVIDIA’s leadership shake-up is adding uncertainty across chip stocks. TSMC may benefit from serving multiple chip designers, but tighter export controls could create broader industry headwinds. NVIDIA’s November 17 earnings report is a near-term test of AI-chip demand. Article: Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
• Negative Sentiment: TSMC confirmed that current and former employees’ personal data was exposed through a cloud provider. Reports say hackers are demanding 3 bitcoin over about 46,000 records, raising cybersecurity and reputational concerns. Article: TSMC Confirms Employee Data Leak Through Cloud Provider

Taiwan Semiconductor Manufacturing Profile

Taiwan Semiconductor Manufacturing Company (TSMC) is a semiconductor foundry that manufactures chips designed by other companies. It provides wafer fabrication and related services, including advanced packaging, serving customers across industries such as computing, communications, automotive and consumer electronics. Founded in 1987 and headquartered in Hsinchu, Taiwan, TSMC helped establish the dedicated foundry model, in which a manufacturer focuses on producing semiconductors for customers rather than selling its own chip designs.

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