Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Holdings Raised by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. boosted its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 67.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,717,515 shares of the semiconductor company's stock after purchasing an additional 690,523 shares during the quarter. Taiwan Semiconductor Manufacturing comprises about 0.6% of Assenagon Asset Management S.A.'s holdings, making the stock its 27th biggest position. Assenagon Asset Management S.A.'s holdings in Taiwan Semiconductor Manufacturing were worth $783,513,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Formuepleje A S increased its position in Taiwan Semiconductor Manufacturing by 2.0% in the 3rd quarter. Formuepleje A S now owns 150,978 shares of the semiconductor company's stock valued at $68,875,000 after buying an additional 2,986 shares in the last quarter. Ninety One North America Inc. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 63.6% in the third quarter. Ninety One North America Inc. now owns 161,824 shares of the semiconductor company's stock valued at $73,822,000 after buying an additional 62,893 shares in the last quarter. Turtle Creek Wealth Advisors LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 5.7% in the third quarter. Turtle Creek Wealth Advisors LLC now owns 13,852 shares of the semiconductor company's stock valued at $6,319,000 after buying an additional 743 shares in the last quarter. WealthPlan Investment Management LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 41.6% during the third quarter. WealthPlan Investment Management LLC now owns 5,973 shares of the semiconductor company's stock valued at $2,725,000 after buying an additional 1,754 shares during the last quarter. Finally, SBE LLC DBA Cedar Cove Wealth Partners grew its holdings in shares of Taiwan Semiconductor Manufacturing by 57.7% during the third quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 1,869 shares of the semiconductor company's stock valued at $853,000 after buying an additional 684 shares during the last quarter. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

TSM opened at $422.15 on Friday. 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 company has a market capitalization of $2.19 trillion, a price-to-earnings ratio of 31.02, a P/E/G ratio of 0.89 and a beta of 1.37. The firm's fifty day moving average price is $434.85 and its two-hundred day moving average price is $417.14. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $266.82 and a 1 year high of $487.47.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its earnings results on Tuesday, September 8th. The semiconductor company reported $4.62 earnings per share (EPS) for the quarter. The firm had revenue of $46.87 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. As a group, analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.60 earnings per share 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. Investors 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 yield of 1.0%. This is a drop from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. The ex-dividend date is Thursday, December 10th. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 24.96%.

Analyst Ratings Changes

TSM has been the subject of several recent research reports. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 7th. Weiss Ratings cut shares of Taiwan Semiconductor Manufacturing from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, October 6th. TD Cowen lifted their price target on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a "hold" rating in a research note on Friday, July 17th. Needham & Company LLC lifted their price target on Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the company a "buy" rating in a research note on Thursday. Finally, Susquehanna boosted their price objective on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a "positive" rating in a report on Thursday, July 16th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of $528.22.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC reported record third-quarter results, with net income rising 68.7% year over year to approximately NT$763 billion. Revenue and earnings exceeded expectations, supported by strong demand for advanced AI and high-performance-computing chips. TSMC posts record profit for a sixth straight quarter
• Positive Sentiment: Management issued above-consensus fourth-quarter revenue guidance of $52.3 billion to $54.3 billion versus an analyst estimate of $48.8 billion. Advanced technologies represented about 79% of wafer revenue, while 2-nanometer adoption is gaining momentum. TSMC beats Q3 earnings and revenue estimates
• Positive Sentiment: TSMC’s chief executive sees no sign of an AI-related demand slowdown. Competition among Nvidia, Apple, Broadcom and other customers for TSMC’s leading-edge capacity also reinforces the company’s pricing power and strategic importance. TSMC capacity is a battleground for AI customers
• Positive Sentiment: Needham raised its price target to $560 and maintained a buy rating, arguing that long-term AI demand remains underappreciated.
• Neutral Sentiment: TSMC is reportedly in discussions with Elon Musk’s proposed Texas “Terafab” complex. Any expansion could strengthen its U.S. footprint and create additional capacity, but the talks remain preliminary. TSMC talks with Elon Musk’s Terafab
• Negative Sentiment: Investors remain concerned about TSMC’s plan to spend as much as $64 billion on capital expenditures. The investment is intended to meet AI-chip demand, but it raises questions about free cash flow, returns on new capacity and the risk of overbuilding if AI spending cools. TSMC’s $64 billion spending plan
• Negative Sentiment: The stock was caught in a broader semiconductor selloff driven by a hot inflation reading, higher-rate concerns and fears that debt financing could undermine the profitability of AI infrastructure companies such as CoreWeave and Oracle. These macro and financing concerns outweighed the earnings beat in the near term. Chip stocks tumble on AI investment worries

Insider Buying and Selling

In other news, VP Bor-Zen Tien acquired 3,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Tuesday, July 21st. The stock was acquired at an average cost of $74.39 per share, with a total value of $223,170.00. Following the transaction, the vice president owned 4,000 shares of the company's stock, valued at approximately $297,560. This trade represents a 300.00% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Lipen Yuan acquired 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Tuesday, August 18th. The stock was purchased 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 in the company, valued at $447,000. This represents a 20.00% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have bought 16,043 shares of company stock worth $1,185,746. 1.11% of the stock is owned by insiders.

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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