Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Position Lowered by ARGA Investment Management LP

ARGA Investment Management LP cut its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 1.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 600,986 shares of the semiconductor company's stock after selling 10,665 shares during the period. Taiwan Semiconductor Manufacturing accounts for 7.0% of ARGA Investment Management LP's investment portfolio, making the stock its 5th biggest position. ARGA Investment Management LP's holdings in Taiwan Semiconductor Manufacturing were worth $274,164,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Challenger Wealth Management grew its stake in Taiwan Semiconductor Manufacturing by 1.1% during the third quarter. Challenger Wealth Management now owns 5,391 shares of the semiconductor company's stock valued at $2,459,000 after acquiring an additional 58 shares in the last quarter. Garde Capital Inc. lifted its stake in Taiwan Semiconductor Manufacturing by 6.7% in the 3rd quarter. Garde Capital Inc. now owns 10,889 shares of the semiconductor company's stock worth $4,967,000 after purchasing an additional 685 shares in the last quarter. Torren Management LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the 3rd quarter worth approximately $157,000. BOCHK Asset Management Ltd boosted its holdings in Taiwan Semiconductor Manufacturing by 68.0% in the 3rd quarter. BOCHK Asset Management Ltd now owns 22,116 shares of the semiconductor company's stock valued at $10,089,000 after purchasing an additional 8,951 shares during the period. Finally, Blue Bell Private Wealth Management LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 12.9% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 886 shares of the semiconductor company's stock valued at $404,000 after purchasing an additional 101 shares during the period. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TSM has been the subject of a number of recent analyst reports. Sanford C. Bernstein boosted their price target on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an "outperform" rating in a research report on Tuesday, August 11th. 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 report on Friday, July 17th. Susquehanna lifted 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 report on Thursday, July 16th. Needham & Company LLC boosted their price target 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. Finally, DA Davidson reissued a "buy" rating and issued a $500.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 16th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $528.78.

Taiwan Semiconductor Manufacturing Stock Up 1.6%

Shares of NYSE:TSM opened at $404.90 on Wednesday. The stock's 50-day moving average price is $434.50 and its 200-day moving average price is $400.22. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $266.82 and a 12-month high of $487.47. The stock has a market capitalization of $2.10 trillion, a P/E ratio of 26.06, a price-to-earnings-growth ratio of 0.81 and a beta of 1.44. The company has a current ratio of 2.46, a quick ratio of 2.25 and a debt-to-equity ratio of 0.14.

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 for the quarter, beating analysts' consensus estimates of $4.45 by $0.15. The firm had revenue of $46.72 billion during the quarter, compared to analyst estimates of $45.67 billion. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The business's quarterly revenue was up 41.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.92 earnings per share. On average, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be issued a $1.0854 dividend. 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 yield of 1.1%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 22.27%.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Commentary highlights TSMC’s role as the foundry for chip designers including Nvidia, AMD, Apple and Broadcom. Because it manufactures for multiple competitors, it may benefit broadly from AI-chip demand rather than relying on one designer’s success. Article: Taiwan Semi or Broadcom: If I Could Only Own 1 for the Next 5 Years, It Would Be This
• Positive Sentiment: Recent articles point to advanced manufacturing and the anticipated 2-nanometer production ramp as potential long-term supports, alongside continued investment in AI infrastructure and TSMC’s global manufacturing footprint. These are bullish themes, though the supplied coverage does not provide fresh company forecasts. Article: TSMC Is Down 18%: The 2nm Ramp Should Change That
• Positive Sentiment: Vice President Lipen Yuan reportedly bought 1,000 shares, increasing his position by 14.29%. Insider buying can signal confidence, although the transaction is modest relative to TSMC’s size. Article: Taiwan Semiconductor insider transaction
• Neutral Sentiment: Elon Musk may be softening his position on control of the proposed Terafab project in renewed discussions involving TSMC. A larger TSMC role could offer an opportunity, but talks remain uncertain and no agreement was reported. Article: Musk may soften Terafab control stance in fresh TSMC talks
• Negative Sentiment: Broader AI-stock selling could weigh on TSMC sentiment: one report says hedge funds have turned underweight AI stocks, while another reports ETFs collectively sold a net $81 million of TSM shares last Thursday. These are market-positioning signals, not evidence of a change in TSMC’s fundamentals. Article: AI Stocks Lose $5 Trillion in 3 Weeks as Hedge Funds Go Underweight AI for the First Time Since 2023 Article: 8 ETFs Cut Taiwan Semiconductor Holdings

Insider Buying and Selling

In related news, VP Lipen Yuan acquired 1,000 shares of the stock in a transaction on Tuesday, August 18th. The stock was acquired at an average cost of $74.50 per share, for a total transaction of $74,500.00. Following the completion of the acquisition, the vice president directly owned 6,000 shares of the company's stock, valued at approximately $447,000. This represents a 20.00% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders have acquired 7,043 shares of company stock valued at $529,416. 1.11% of the stock is currently owned by corporate insiders.

About Taiwan Semiconductor Manufacturing

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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