Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock: Kestra Private Wealth Services LLC Boosts Holdings

Key Points

• Kestra Private Wealth Services increased its TSMC stake by 2.3% in the third quarter, adding 1,724 shares to bring its holdings to 76,446 shares, valued at about $34.9 million.
• Several other institutional investors also raised their positions, and TSMC Vice President Lipen Yuan bought 1,000 shares. Institutional investors own 16.51% of the company’s stock.
• TSMC beat quarterly earnings and revenue expectations, with revenue up 41.2% year over year, but the stock was down 2.5% in the cited session. The company also reduced its quarterly dividend from $1.1136 to $1.0854 per share.

Kestra Private Wealth Services LLC increased its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 2.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 76,446 shares of the semiconductor company's stock after purchasing an additional 1,724 shares during the period. Kestra Private Wealth Services LLC's holdings in Taiwan Semiconductor Manufacturing were worth $34,874,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of TSM. Northeast Investment Management lifted its position in shares of Taiwan Semiconductor Manufacturing by 19.6% in the third quarter. Northeast Investment Management now owns 69,418 shares of the semiconductor company's stock worth $31,668,000 after purchasing an additional 11,368 shares in the last quarter. Chicago Partners Investment Group LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 19.3% during the third quarter. Chicago Partners Investment Group LLC now owns 9,070 shares of the semiconductor company's stock worth $3,796,000 after purchasing an additional 1,465 shares during the period. Richardson Financial Services Inc. grew its position in Taiwan Semiconductor Manufacturing by 5.9% during the third quarter. Richardson Financial Services Inc. now owns 597 shares of the semiconductor company's stock valued at $272,000 after purchasing an additional 33 shares in the last quarter. Caldwell Trust Co grew its position in Taiwan Semiconductor Manufacturing by 11.3% during the third quarter. Caldwell Trust Co now owns 24,521 shares of the semiconductor company's stock valued at $11,186,000 after purchasing an additional 2,484 shares in the last quarter. Finally, JCIC Asset Management Inc. increased its stake in Taiwan Semiconductor Manufacturing by 0.7% in the 3rd quarter. JCIC Asset Management Inc. now owns 17,840 shares of the semiconductor company's stock valued at $8,138,000 after buying an additional 118 shares during the period. Institutional investors and hedge funds own 16.51% of the company's stock.

Insider Transactions at Taiwan Semiconductor Manufacturing

In related news, VP Lipen Yuan purchased 1,000 shares of the stock in a transaction on Sunday, November 1st. The shares were bought at an average price of $71.49 per share, for a total transaction of $71,490.00. Following the completion of the acquisition, the vice president directly owned 8,000 shares in the company, valued at approximately $571,920. This trade represents a 14.29% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders purchased a total of 7,043 shares of company stock worth $529,416 over the last three months. 1.11% of the stock is owned by corporate insiders.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Industry commentary says strong semiconductor sales and AI infrastructure spending could benefit TSMC. As the foundry for chip designers including Nvidia, AMD, Apple and Broadcom, TSMC can participate in demand across multiple AI-chip makers. Article: 4 Semiconductor Stocks to Buy as Q3 Sales Soar on Robust AI Demand
• Positive Sentiment: A comparison of TSMC and ASML highlights TSMC’s advanced-chip manufacturing exposure to AI demand. Separate commentary also points to the potential of its next-generation process technology, though these are investment themes rather than new company guidance. Article: Better AI Semiconductor Monopoly Stock: Taiwan Semiconductor vs. ASML
• Positive Sentiment: Vice President Lipen Yuan reportedly bought 1,000 shares, increasing his direct holding by 14.29%. The insider purchase may signal confidence, though it is small relative to TSMC’s scale. Article: Taiwan Semiconductor Manufacturing VP Buys Stock
• Negative Sentiment: The approaching November sales update may keep investors cautious: the report is the first monthly reading of the new quarter, with $53.3 billion cited as the quarterly revenue hurdle. Article: TSMC Stocks Move Lower as November Sales Data Face a $53.3 Billion Quarterly Hurdle
• Negative Sentiment: Broader retreat from AI shares, including reports that hedge funds have turned underweight the sector, could weigh on TSMC despite its company-specific AI exposure. Article: AI Stocks Lose $5 Trillion in 3 Weeks as Hedge Funds Go Underweight AI

Taiwan Semiconductor Manufacturing Trading Down 2.5%

NYSE:TSM opened at $394.81 on Thursday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46. The company has a market capitalization of $2.05 trillion, a P/E ratio of 25.41, a P/E/G ratio of 0.82 and a beta of 1.44. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $266.82 and a 52 week high of $487.47. The stock's 50 day moving average price is $434.04 and its 200 day moving average price is $400.48.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings data on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.45 by $0.15. The business had revenue of $46.72 billion during the quarter, compared to analyst estimates of $45.67 billion. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. Taiwan Semiconductor Manufacturing's quarterly revenue was up 41.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.92 EPS. On average, research analysts forecast 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 declared a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be paid a dividend of $1.0854 per share. This is a drop from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. The ex-dividend date is Thursday, December 10th. This represents a $4.34 annualized dividend and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 22.07%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on TSM shares. Weiss Ratings upgraded shares of Taiwan Semiconductor Manufacturing from a "hold (c+)" rating to a "buy (b)" rating in a research report on Wednesday, October 21st. Sanford C. Bernstein lifted their target price on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an "outperform" rating in a research note on Tuesday, August 11th. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, October 7th. Susquehanna upped their price target on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a "positive" rating in a research note on Thursday, July 16th. Finally, Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $528.78.

Taiwan Semiconductor Manufacturing Company Profile

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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