Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock: Net Worth Advisory Group Decreases Stake

Key Points

• Net Worth Advisory Group reduced its TSMC stake by 30.2% in the third quarter, selling 1,821 shares and retaining 4,211 shares valued at approximately $1.93 million.
• Institutional ownership remains significant at 16.51%, with several investors adding positions; meanwhile, TSMC insiders purchased 8,043 shares worth nearly $599,000 over the past 90 days.
• TSMC reported $4.62 in quarterly EPS on $46.87 billion in revenue, while analysts maintained an overall “Buy” consensus with an average price target of $528.78. The company also lowered its quarterly dividend to $1.0854 from $1.1136.

Net Worth Advisory Group cut its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 30.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,211 shares of the semiconductor company's stock after selling 1,821 shares during the quarter. Net Worth Advisory Group's holdings in Taiwan Semiconductor Manufacturing were worth $1,934,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Tiger Global Management LLC grew its stake in Taiwan Semiconductor Manufacturing by 49.4% in the 1st 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 during the period. Fundsmith LLP purchased a new stake in Taiwan Semiconductor Manufacturing in the 2nd quarter worth $548,465,000. Assenagon Asset Management S.A. acquired a new position in Taiwan Semiconductor Manufacturing during the second quarter worth $490,461,000. Perseverance Asset Management International raised its position in Taiwan Semiconductor Manufacturing by 1,453.9% during the first quarter. Perseverance Asset Management International now owns 446,505 shares of the semiconductor company's stock worth $150,896,000 after acquiring an additional 417,771 shares during the period. Finally, DJE Kapital AG purchased a new position in Taiwan Semiconductor Manufacturing during the first quarter valued at $118,389,000. Hedge funds and other institutional investors own 16.51% of the company's stock.

Insiders Place Their Bets

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien bought 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction dated Monday, August 3rd. The stock was acquired at an average cost of $73.06 per share, with a total value of $73,060.00. Following the completion of the acquisition, the vice president owned 14,051 shares of the company's stock, valued at approximately $1,026,566.06. This represents a 7.66% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Lipen Yuan bought 1,000 shares of the firm's stock in a transaction dated Tuesday, August 18th. The shares were acquired at an average price of $74.50 per share, with a total value of $74,500.00. Following the purchase, the vice president directly owned 6,000 shares of the company's stock, valued at approximately $447,000. This trade represents a 20.00% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders acquired 8,043 shares of company stock worth $598,956. 1.11% of the stock is currently owned by company insiders.

Taiwan Semiconductor Manufacturing Stock Up 1.8%

TSM opened at $420.24 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $266.82 and a one year high of $487.47. 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 stock has a market capitalization of $2.18 trillion, a P/E ratio of 27.04, a price-to-earnings-growth ratio of 0.85 and a beta of 1.37. The business's 50-day simple moving average is $434.73 and its 200-day simple moving average is $418.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results on Tuesday, September 8th. The semiconductor company reported $4.62 EPS for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The company had revenue of $46.87 billion for the quarter. Analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.90 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm 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 $1.0854 dividend. This is a drop from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. This represents a $4.34 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Thursday, December 10th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 22.27%.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC’s third-quarter results reportedly beat expectations, while management raised its forecast amid exceptionally strong AI-related demand. Profit increased 69% year over year, and high-performance computing represented 68% of quarterly revenue, highlighting the company’s exposure to data-center and AI infrastructure growth. Great News for Taiwan Semiconductor Stock Investors
• Positive Sentiment: TSMC received a Zacks Rank #1, or “Strong Buy,” following its beat-and-raise report. Analysts view the recent pullback from early-October highs as an opportunity, with the shares reportedly finding technical support. TSMC Upgraded to Strong Buy
• Positive Sentiment: Nvidia is reportedly encouraging Samsung, Micron and SK Hynix to use TSMC’s 3-nanometer process for next-generation high-bandwidth-memory base dies. If confirmed, the arrangement could broaden TSMC’s role in AI chip manufacturing and reinforce its advanced-node leadership. Nvidia Wants Top Memory Makers to Use TSMC for Next-Generation HBM Base Dies
• Positive Sentiment: TSMC plans to invest approximately $60 billion to $64 billion in factories and equipment this year, with spending expected to remain elevated through 2028. The aggressive expansion signals that customers are providing strong, multiyear demand visibility, particularly for advanced AI chips. TSMC Is Spending up to $64 Billion This Year

Wall Street Analysts Forecast Growth

TSM has been the topic of several research analyst reports. TD Cowen lifted their target price 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. Needham & Company LLC lifted their target price on shares of Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a "buy" rating in a research note on Thursday, October 15th. Wall Street Zen cut shares of Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 8th. DA Davidson restated a "buy" rating and set a $500.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Friday. Finally, Susquehanna upped their price objective on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a "positive" rating in a research report on Thursday, July 16th. Three research 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's stock. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has an average rating of "Buy" and a consensus target price 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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