Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock: Third View Private Wealth LLC Boosts Stake

Key Points

• Third View Private Wealth increased its TSMC stake by 21.9% in the third quarter, ending with 16,808 shares valued at about $7.7 million. Other institutional investors also reported new or increased holdings.
• TSMC reported quarterly EPS of $4.60, topping the $4.45 consensus, and revenue of $46.72 billion, up 41.2% year over year. Analysts’ consensus rating is Buy, with an average price target of $528.78.
• The company announced a lower quarterly dividend of $1.0854 per share, down from $1.1136. Vice President Lipen Yuan also purchased 1,000 shares, according to the article.

Third View Private Wealth LLC raised its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 21.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,808 shares of the semiconductor company's stock after buying an additional 3,016 shares during the quarter. Taiwan Semiconductor Manufacturing comprises approximately 0.9% of Third View Private Wealth LLC's portfolio, making the stock its 23rd biggest position. Third View Private Wealth LLC's holdings in Taiwan Semiconductor Manufacturing were worth $7,668,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Tiger Global Management LLC increased its stake in shares of 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 worth $1,880,717,000 after acquiring an additional 1,839,600 shares in the last quarter. Fundsmith LLP purchased a new position in Taiwan Semiconductor Manufacturing during the 2nd quarter valued at about $548,465,000. Assenagon Asset Management S.A. purchased a new position in Taiwan Semiconductor Manufacturing during the 2nd quarter valued at about $490,461,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Taiwan Semiconductor Manufacturing during the third quarter worth about $444,923,000. Finally, Perseverance Asset Management International boosted its stake 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 in the last quarter. Institutional investors own 16.51% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on TSM shares. Susquehanna upped their price objective on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a "positive" rating in a report on Thursday, July 16th. Wall Street Zen cut Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 8th. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, October 7th. TD Cowen upped their price target 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, Stifel Nicolaus began coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, September 1st. They set a "buy" rating and a $515.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $528.78.

Insider Activity

In other news, VP Lipen Yuan bought 1,000 shares of the company's stock in a transaction dated Tuesday, August 18th. The shares were purchased at an average price of $74.50 per share, for a total transaction of $74,500.00. Following the completion of the purchase, the vice president owned 6,000 shares in the company, valued at approximately $447,000. This represents a 20.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have purchased a total of 7,043 shares of company stock valued at $529,416 in the last 90 days. Corporate insiders own 1.11% of the company's stock.

Taiwan Semiconductor Manufacturing Price Performance

TSM opened at $404.90 on Wednesday. The firm has a market cap of $2.10 trillion, a PE ratio of 26.06, a P/E/G ratio of 0.81 and a beta of 1.44. The stock has a 50-day moving average price of $434.50 and a 200-day moving average price of $400.22. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $266.82 and a 1 year high of $487.47. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.46 and a quick ratio of 2.25.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Thursday, October 15th. The semiconductor company reported $4.60 EPS for the quarter, beating the consensus estimate of $4.45 by $0.15. The company had revenue of $46.72 billion for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 41.2% on a year-over-year basis. During the same period in the prior year, the firm posted $2.92 EPS. Sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders 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 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, December 10th. Taiwan Semiconductor Manufacturing's payout ratio is currently 22.27%.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

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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