Texas Capital Bank Wealth Management Services Inc Acquires 3,210 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Texas Capital Bank Wealth Management increased its TSMC stake by 200.2% in the fourth quarter, buying 3,210 additional shares and bringing its total holding to 4,813 shares worth about $1.46 million.
• Institutional interest remains strong, with several large investors recently adding positions; the article says institutions now own 16.51% of the stock.
• TSMC’s fundamentals and outlook remain favorable, supported by strong AI-chip demand, possible 3nm price hikes, a recently increased quarterly dividend to $1.1136 per share, and a consensus analyst rating of Buy.

Texas Capital Bank Wealth Management Services Inc raised its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 200.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,813 shares of the semiconductor company's stock after buying an additional 3,210 shares during the quarter. Texas Capital Bank Wealth Management Services Inc's holdings in Taiwan Semiconductor Manufacturing were worth $1,463,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in TSM. Life Cycle Investment Partners Ltd purchased a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth about $495,163,000. SurgoCap Partners LP bought a new stake in Taiwan Semiconductor Manufacturing during the 3rd quarter valued at approximately $360,443,000. Thrivent Financial for Lutherans boosted its position in Taiwan Semiconductor Manufacturing by 3,164.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,192,927 shares of the semiconductor company's stock valued at $333,172,000 after acquiring an additional 1,156,389 shares in the last quarter. Danica Pension Livsforsikringsaktieselskab bought a new stake in Taiwan Semiconductor Manufacturing during the 3rd quarter valued at approximately $232,924,000. Finally, Man Group plc boosted its position in Taiwan Semiconductor Manufacturing by 337.1% during the 2nd quarter. Man Group plc now owns 1,053,421 shares of the semiconductor company's stock valued at $238,589,000 after acquiring an additional 812,404 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Taiwan Semiconductor Manufacturing news, VP Tzu-Sou Chuang sold 200,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total transaction of $13,966,000.00. Following the completion of the transaction, the vice president owned 2,495,165 shares in the company, valued at approximately $174,237,371.95. The trade was a 7.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Bor-Zen Tien acquired 2,000 shares of the stock in a transaction on Tuesday, May 19th. The shares were bought at an average price of $69.91 per share, with a total value of $139,820.00. Following the purchase, the vice president directly owned 11,051 shares of the company's stock, valued at $772,575.41. The trade was a 22.10% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 3,346 shares of company stock valued at $218,005 in the last quarter. 1.11% of the stock is owned by company insiders.

Taiwan Semiconductor Manufacturing News Summary

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

• Positive Sentiment: TSMC may raise 3nm process prices by up to 15% in the second half, with another possible 10% increase next year, which would support revenue and margins. Report: Taiwan Semiconductor Manufacturing Company Ltd. (TSM.US) to Raise 3nm Process Prices by Up to 15% in 2H, May Hike Another 10% Next Year
• Positive Sentiment: News that Nvidia is strengthening its AI chip alliance with TSMC adds to confidence that demand for advanced manufacturing remains strong. Nvidia’s (NVDA) Jensen Huang Looks to Strengthen the AI Chip Alliance with SK Hynix and TSMC
• Positive Sentiment: Coverage saying TSMC is scaling up 3nm capacity to meet surging AI demand reinforces the view that growth remains robust. Here's How Taiwan Semiconductor Is Scaling Up to Meet Surging AI Demand
• Positive Sentiment: Reports of a 30% increase in employee profit-sharing, tied to strong earnings and AI demand, signal business strength and investor-friendly momentum. Taiwan Semiconductor (TSM) Stock Surges 5% Following Major Employee Profit-Sharing Increase
• Neutral Sentiment: Broader market and semiconductor-sector strength, especially after strong AI-chip demand commentary, is also helping keep TSM supported. NVDA Gains 23.5% Since April, TSM Up 19.7%: What's Driving the Rally?

Taiwan Semiconductor Manufacturing Trading Up 2.4%

NYSE TSM opened at $422.35 on Thursday. The company has a quick ratio of 2.31, a current ratio of 2.49 and a debt-to-equity ratio of 0.16. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $190.56 and a twelve month high of $430.55. The firm has a market capitalization of $2.19 trillion, a PE ratio of 35.14, a P/E/G ratio of 1.20 and a beta of 1.39. The stock's 50 day moving average is $375.08 and its 200 day moving average is $341.06.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 36.81% and a net margin of 46.97%.The company had revenue of $30.65 billion for the quarter. Research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.28 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be paid a dividend of $1.1136 per share. The ex-dividend date is Wednesday, September 16th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.95. This represents a $4.45 dividend on an annualized basis and a yield of 1.1%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 24.71%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on TSM shares. Wedbush restated an "outperform" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, February 11th. Zacks Research lowered Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 16th. Weiss Ratings upgraded Taiwan Semiconductor Manufacturing from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, March 20th. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research report on Sunday, March 22nd. Finally, DA Davidson restated a "buy" rating and set a $450.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $404.29.

Taiwan Semiconductor Manufacturing Profile

Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.

TSMC's service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.

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