Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Position Decreased by IFP Advisors Inc

Key Points

• IFP Advisors reduced its TSMC stake by 8.8% in the second quarter, selling 1,926 shares and retaining 20,005 shares valued at approximately $9.55 million.
• Institutional ownership activity was mixed, while insiders bought 19,512 shares worth about $1.45 million over the past three months. Analysts remain broadly bullish, with an average “Buy” rating and a consensus price target of $523.22.
• TSMC shares opened at $439.09, supported by strong quarterly results including $4.28 in EPS, $39.89 billion in revenue, and a 50.31% net margin. The company also announced a quarterly dividend of $1.0854 per share, representing a 1.0% yield.

IFP Advisors Inc trimmed its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 8.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,005 shares of the semiconductor company's stock after selling 1,926 shares during the quarter. IFP Advisors Inc's holdings in Taiwan Semiconductor Manufacturing were worth $9,554,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Tiger Global Management LLC raised its holdings in Taiwan Semiconductor Manufacturing by 49.4% during the 1st quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company's stock worth $1,880,717,000 after buying an additional 1,839,600 shares during the period. Van ECK Associates Corp boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 11.1% in the fourth quarter. Van ECK Associates Corp now owns 17,464,962 shares of the semiconductor company's stock worth $5,307,428,000 after buying an additional 1,750,824 shares during the period. Life Cycle Investment Partners Ltd purchased a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth approximately $495,163,000. T. Rowe Price Investment Management Inc. increased its position in shares of Taiwan Semiconductor Manufacturing by 168.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,093,115 shares of the semiconductor company's stock worth $636,077,000 after acquiring an additional 1,313,917 shares in the last quarter. Finally, SurgoCap Partners LP acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the third quarter valued at approximately $360,443,000. 16.51% of the stock is owned by institutional investors and hedge funds.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC and Samsung committed to adopting ASML’s High-NA EUV lithography systems. TSMC expects to begin using the technology in 2030 for advanced-node production, reinforcing confidence in its ability to manufacture increasingly sophisticated AI chips. TSMC, Samsung commit to ASML's newest chipmaking tools as AI drives demand
• Positive Sentiment: TSMC and ASML are also developing a 12-inch photomask pilot line targeted for 2031, with broader High-NA EUV readiness expected by 2033. Larger masks could improve scanner productivity and reduce manufacturing costs over time. ASML and TSMC Announce Initiative to Pioneer Industry Transition to Large-Format Photomasks for High NA EUV
• Positive Sentiment: Analysts and market commentators continue to identify TSMC as a leading AI investment. Reports cite its approximately 73% foundry market share and ongoing investments in N2, N3 and advanced packaging as supports for long-term growth. Taiwan Semiconductor Retains 73% Foundry Share
• Positive Sentiment: TSM was highlighted as an IBD Stock of the Day and moved above an early technical buy point as semiconductor stocks rallied, while separate coverage suggested the stock could challenge a new record high. TSMC, IBD Stock Of The Day, Rises Above Early Buy Point As Chip Stocks Rally
• Neutral Sentiment: TSMC’s planned $265 billion U.S. investment is strengthening its political and customer relationships, but the expansion also raises questions about capital intensity and whether overseas production will match Taiwan-based margins. TSMC's $265 Billion U.S. Bet Is Becoming Part of Taiwan's Chip Diplomacy

Insider Transactions at Taiwan Semiconductor Manufacturing

In other news, SVP Shu-Hua Fang bought 2,000 shares of the company's stock in a transaction on Thursday, July 2nd. The shares were bought at an average cost of $77.09 per share, with a total value of $154,180.00. Following the transaction, the senior vice president directly owned 8,206 shares in the company, valued at approximately $632,600.54. This trade represents a 32.23% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Bor-Zen Tien acquired 1,000 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The stock was purchased at an average price of $73.06 per share, for a total transaction of $73,060.00. Following the acquisition, the vice president directly owned 14,051 shares of the company's stock, valued at $1,026,566.06. The trade was a 7.66% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 19,512 shares of company stock valued at $1,450,270 in the last three months. 1.11% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

TSM has been the topic of several recent analyst reports. Susquehanna boosted their target price on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a "positive" rating in a research note on Thursday, July 16th. Stifel Nicolaus initiated coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, September 1st. They set a "buy" rating and a $515.00 price target on the stock. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, July 6th. TD Cowen increased their price objective on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a "hold" rating in a research note on Friday, July 17th. Finally, DA Davidson raised their price objective on Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a "buy" rating in a research report on Friday, July 17th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Buy" and an average target price of $523.22.

Taiwan Semiconductor Manufacturing Stock Up 2.4%

Taiwan Semiconductor Manufacturing stock opened at $439.09 on Wednesday. The firm has a market cap of $2.28 trillion, a PE ratio of 31.68, a P/E/G ratio of 0.98 and a beta of 1.39. 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 firm's 50 day moving average price is $419.33 and its two-hundred day moving average price is $399.17. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $246.93 and a twelve month high of $479.00.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. The company had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. On average, research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.52 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed 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 dividend yield of 1.0%. The ex-dividend date is Thursday, December 10th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 21.43%.

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 leading dedicated semiconductor foundry. Founded in 1987 and headquartered in Hsinchu, Taiwan, the company pioneered the pure-play foundry business model, producing chips designed by other companies rather than developing and selling branded semiconductor products of its own.

TSMC manufactures semiconductor wafers using advanced and specialty process technologies.

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