Quintet Private Bank Europe S.A. Trims Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Quintet Private Bank Europe S.A. reduced its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 47.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 35,333 shares of the semiconductor company’s stock after selling 32,063 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 0.7% of Quintet Private Bank Europe S.A.’s holdings, making the stock its 29th largest position. Quintet Private Bank Europe S.A.’s holdings in Taiwan Semiconductor Manufacturing were worth $16,119,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hilton Head Capital Partners LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth about $27,000. Strategic Advocates LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 62.1% in the 4th quarter. Strategic Advocates LLC now owns 94 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 36 shares during the last quarter. Evolution Wealth Management Inc. boosted its position in Taiwan Semiconductor Manufacturing by 257.7% during the 1st quarter. Evolution Wealth Management Inc. now owns 93 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 67 shares during the period. Cedar Mountain Advisors LLC grew its stake in Taiwan Semiconductor Manufacturing by 88.2% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 64 shares of the semiconductor company’s stock worth $31,000 after buying an additional 30 shares during the last quarter. Finally, Financial Freedom LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the first quarter worth $32,000. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM stock traded down $15.43 during mid-day trading on Thursday, hitting $456.77. 4,332,080 shares of the stock traded hands, compared to its average volume of 13,038,535. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $266.82 and a twelve month high of $487.47. 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 company’s 50-day simple moving average is $431.08 and its 200-day simple moving average is $412.62. The firm has a market cap of $2.37 trillion, a price-to-earnings ratio of 32.94, a price-to-earnings-growth ratio of 1.07 and a beta of 1.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%.The business had revenue of $39.89 billion during the quarter. As a group, equities research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be given a $1.0854 dividend. This represents a $4.34 annualized dividend and a yield of 1.0%. This is a negative change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 24.96%.

Insiders Place Their Bets

In related news, VP Shyue-Shyh Lin purchased 2,000 shares of the company’s stock in a transaction on Sunday, July 19th. The shares were bought at an average price of $71.71 per share, with a total value of $143,420.00. Following the completion of the acquisition, the vice president owned 28,269 shares of the company’s stock, valued at approximately $2,027,169.99. This represents a 7.61% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Bor-Zen Tien acquired 3,000 shares of the business’s stock in a transaction dated Tuesday, July 21st. The shares were bought at an average price of $74.39 per share, with a total value of $223,170.00. Following the transaction, the vice president directly owned 4,000 shares in the company, valued at approximately $297,560. The trade was a 300.00% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have acquired 16,043 shares of company stock worth $1,185,746. 1.11% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

TSM has been the topic of a number of recent research reports. Susquehanna raised their target price on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a research note on Thursday, July 16th. DA Davidson lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, July 17th. 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 reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday. Finally, Barclays raised their price target on Taiwan Semiconductor Manufacturing from $650.00 to $665.00 and gave the company an “overweight” rating in a report on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $524.89.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Record quarterly revenue reinforces AI demand. TSMC reported third-quarter revenue of approximately NT$1.49 trillion ($46.7 billion), up about 50% year over year and above market expectations. September revenue rose 54.6% to NT$511.86 billion, extending a streak of strong monthly results. The figures point to robust demand for advanced chips used by Nvidia, AMD and other AI customers. TSMC’s third-quarter revenue surges to record, beating market forecast
• Positive Sentiment: Industry developments support TSMC’s advanced-packaging ecosystem. GlobalFoundries announced a multiyear, $2 billion agreement to supply silicon interposers for TSMC’s CoWoS packaging technology in the United States. The deal, with production expected to ramp in 2028, suggests sustained long-term demand for AI and high-performance-computing infrastructure. GlobalFoundries shares rise on $2 billion TSMC agreement
• Positive Sentiment: Insider purchases provide a modest confidence signal. TSMC’s CEO, CFO, COO and multiple senior executives disclosed small open-market purchases. While the dollar amounts are limited relative to the company’s market capitalization, the broad participation is directionally supportive. Taiwan Semiconductor Manufacturing CEO purchases stock
• Neutral Sentiment: Investors are awaiting additional guidance. The revenue beat improves expectations for TSMC’s upcoming earnings discussion, particularly regarding capital spending, 2-nanometer production and the durability of AI demand. However, the market may need further guidance before extending the rally.
• Negative Sentiment: Risk-off market conditions overwhelmed the favorable company news. Broader equities weakened as oil prices and Treasury yields rose, pressuring high-valuation technology stocks. TSMC’s elevated valuation and proximity to its 52-week high may also have encouraged profit-taking after the strong run.
• Negative Sentiment: TSMC was ruled out of operating Elon Musk’s planned Terafab facility. Musk said Tesla and SpaceX will build and operate the Texas project independently, limiting a potential new U.S. manufacturing opportunity for TSMC. The announcement is a relatively small factor compared with TSMC’s core AI business. TSM Stock Falls After Musk Says TSMC Won’t Run Terafab

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 largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.

TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.