Vestmark Advisory Solutions Inc. Grows Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Vestmark Advisory Solutions boosted its Taiwan Semiconductor Manufacturing stake by 46.2% in the fourth quarter, buying 23,917 additional shares and bringing its total holdings to 75,671 shares worth about $23.0 million.
• TSMC continues to benefit from strong AI-chip demand, with AMD saying it is using TSMC’s advanced 2nm process for next-gen EPYC chips and Nvidia’s upbeat AI outlook helping lift sentiment across chipmakers.
• The company also showed shareholder-friendly moves and strong fundamentals, including a higher quarterly dividend of $1.1136 per share and recent quarterly results of $3.11 EPS on $30.65 billion in revenue.

Vestmark Advisory Solutions Inc. increased its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 46.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 75,671 shares of the semiconductor company's stock after purchasing an additional 23,917 shares during the quarter. Vestmark Advisory Solutions Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $22,996,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Oak Harvest Investment Services increased its position in shares of Taiwan Semiconductor Manufacturing by 2.9% during the 4th quarter. Oak Harvest Investment Services now owns 1,106 shares of the semiconductor company's stock valued at $336,000 after purchasing an additional 31 shares during the last quarter. Falcon Wealth Planning boosted its stake in Taiwan Semiconductor Manufacturing by 4.4% in the fourth quarter. Falcon Wealth Planning now owns 780 shares of the semiconductor company's stock valued at $237,000 after acquiring an additional 33 shares during the last quarter. Drive Wealth Management LLC boosted its stake in Taiwan Semiconductor Manufacturing by 0.7% in the fourth quarter. Drive Wealth Management LLC now owns 4,997 shares of the semiconductor company's stock valued at $1,522,000 after acquiring an additional 33 shares during the last quarter. Westfuller Advisors LLC boosted its stake in Taiwan Semiconductor Manufacturing by 2.2% in the third quarter. Westfuller Advisors LLC now owns 1,551 shares of the semiconductor company's stock valued at $434,000 after acquiring an additional 34 shares during the last quarter. Finally, Sovereign Financial Group Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 4.5% in the fourth quarter. Sovereign Financial Group Inc. now owns 793 shares of the semiconductor company's stock valued at $241,000 after acquiring an additional 34 shares during the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: AMD said it is ramping production with partners to meet strong AI demand, and it also announced that its next-generation EPYC “Venice” processors are entering production on TSMC’s advanced 2nm process. That reinforces TSMC’s position as a key supplier to major AI chip customers. AMD asking partners to ramp up production, CEO says
• Positive Sentiment: Nvidia’s upbeat AI outlook lifted Asian chipmakers broadly, suggesting continued investor enthusiasm for semiconductor foundry names like TSMC that stand to benefit from rising AI infrastructure spending. Nvidia's AI Outlook Sends Asian Chipmakers Up 5.5%
• Positive Sentiment: BofA reiterated a Buy rating after TSMC’s technology symposium, pointing to progress in next-gen chipmaking and packaging that supports the company’s long-term growth story. BofA Reiterates Buy on Taiwan Semiconductor (TSM) After Tech Symposium
• Neutral Sentiment: TSMC raised its 2030 global semiconductor market forecast to more than $1.5 trillion, which underscores a bullish long-term outlook but does not change near-term fundamentals by itself. Taiwan Semiconductor Manufacturing Company Ltd. (TSM.US) Raises 2030 Global Semiconductor Market Forecast to Over USD1.5 Trillion
• Neutral Sentiment: Articles discussing TSMC’s “paradox” of huge AI silicon demand versus finite infrastructure, and broader momentum in the NYSE Composite, add to the positive backdrop but are more commentary than direct stock-moving news. The TSMC Paradox: Huge AI Silicon Supply Vs. Finite Infrastructure
• Negative Sentiment: Reuters reported Taiwan may restrict how often foreign investors can switch currency choices for TSMC dollar dividends, and there were also reports of insider selling and a prior TSMC stake sale, which could create a small overhang on sentiment. Taiwan may limit currency switching for TSMC dollar dividends to once a year, sources say

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock opened at $407.68 on Friday. The stock has a market capitalization of $2.11 trillion, a P/E ratio of 33.92, a PEG ratio of 1.17 and a beta of 1.39. The company has a current ratio of 2.49, a quick ratio of 2.32 and a debt-to-equity ratio of 0.16. The firm's 50 day moving average is $369.59 and its 200 day moving average is $337.80. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $190.03 and a 12 month high of $421.97.

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

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be paid a dividend of $1.1136 per share. This represents a $4.45 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Wednesday, September 16th. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.95. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 24.71%.

Wall Street Analysts Forecast Growth

TSM has been the topic of several research analyst reports. Zacks Research downgraded Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 16th. Dbs Bank upgraded Taiwan Semiconductor Manufacturing to a "moderate buy" rating in a research note on Friday, January 23rd. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, March 22nd. Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $450.00 to $470.00 and gave the company an "overweight" rating in a research note on Wednesday, April 22nd. Finally, Wedbush reiterated an "outperform" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, February 11th. Two 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. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $404.29.

Insider Buying and Selling

In related news, VP Tzu-Sou Chuang sold 200,000 shares of the company's stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $69.83, for a total transaction of $13,966,000.00. Following the sale, the vice president directly owned 2,495,165 shares in the company, valued at approximately $174,237,371.95. This represents a 7.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Bor-Zen Tien bought 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 19th. The shares were purchased at an average cost of $69.91 per share, for a total transaction of $139,820.00. Following the acquisition, the vice president directly owned 11,051 shares in the company, valued at $772,575.41. This trade represents a 22.10% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 3,346 shares of company stock worth $218,005 over the last 90 days. 1.11% of the stock is currently owned by corporate insiders.

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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