Aubrey Capital Management Ltd Boosts Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Aubrey Capital Management Ltd grew its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 628.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 14,560 shares of the semiconductor company’s stock after buying an additional 12,560 shares during the period. Taiwan Semiconductor Manufacturing accounts for approximately 2.6% of Aubrey Capital Management Ltd’s holdings, making the stock its 11th largest holding. Aubrey Capital Management Ltd’s holdings in Taiwan Semiconductor Manufacturing were worth $4,921,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Mandatum Life Insurance Co Ltd increased its position in shares of Taiwan Semiconductor Manufacturing by 813.5% during the 1st quarter. Mandatum Life Insurance Co Ltd now owns 6,513 shares of the semiconductor company’s stock worth $2,201,000 after purchasing an additional 5,800 shares during the last quarter. Advisors Preferred LLC lifted its position in Taiwan Semiconductor Manufacturing by 81.5% in the first quarter. Advisors Preferred LLC now owns 2,499 shares of the semiconductor company’s stock valued at $845,000 after buying an additional 1,122 shares during the last quarter. Katamaran Capital LLP lifted its position in Taiwan Semiconductor Manufacturing by 5.1% in the first quarter. Katamaran Capital LLP now owns 19,031 shares of the semiconductor company’s stock valued at $6,432,000 after buying an additional 919 shares during the last quarter. Sigma Planning Corp boosted its stake in Taiwan Semiconductor Manufacturing by 18.6% during the first quarter. Sigma Planning Corp now owns 27,452 shares of the semiconductor company’s stock worth $9,278,000 after buying an additional 4,302 shares during the period. Finally, Adell Harriman & Carpenter Inc. boosted its stake in Taiwan Semiconductor Manufacturing by 15.6% during the first quarter. Adell Harriman & Carpenter Inc. now owns 72,638 shares of the semiconductor company’s stock worth $24,548,000 after buying an additional 9,794 shares during the period. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC reported record June revenue of NT$442.68 billion, up 67.9% year over year, and said second-quarter sales rose 36% from a year earlier to NT$1.27 trillion, beating market expectations. That reinforces the company’s dominant position in AI semiconductor manufacturing and raises hopes for another earnings beat. TSMC Q2 revenue jumps 36% from a year earlier, beating market expectations
• Positive Sentiment: Multiple analysts and market commentators said the June revenue report suggests TSMC could deliver another strong quarter and possibly raise its outlook, helped by surging AI infrastructure spending and strengthening pricing power, including potential price increases on advanced chips. Taiwan Semiconductor: Prepare For A Big Surprise
• Positive Sentiment: Reports also highlighted that TSMC may be preparing to raise chip prices for the first time in years, a sign of improving pricing leverage that could support margins if AI demand stays firm. Wedbush Delivers an Urgent Message for TSMC Stock Investors
• Positive Sentiment: TSMC also announced plans to add two advanced chip packaging plants in Chiayi, Taiwan, reinforcing long-term capacity expansion to meet demand for advanced AI chips. TSMC to add 2 advanced chip packaging plants in Chiayi, Taiwan minister says
• Neutral Sentiment: Investors are focused on TSMC’s upcoming July 16 earnings release and guidance update, which could create a sizable post-earnings move in either direction depending on how management frames AI demand, capex, and margins. Here’s How Much TSMC Stock Is Expected to Move After Earnings
• Negative Sentiment: Some coverage cautioned that the rally may already reflect a lot of good news, with lingering concerns about how long the AI spending boom can last, as well as broader macro and geopolitical risks that could limit further upside. Why TSMC’s Record Revenue Isn’t Reviving the AI Trade

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on TSM shares. Bank of America lifted their price target on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Needham & Company LLC upped their price objective on shares of Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the stock a “buy” rating in a report on Thursday, April 16th. Susquehanna increased their price objective on shares of Taiwan Semiconductor Manufacturing from $500.00 to $575.00 and gave the stock a “positive” rating in a research report on Monday, June 22nd. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Monday, July 6th. Finally, DA Davidson reissued a “buy” rating and issued a $450.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 17th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $449.38.

Insider Buying and Selling

In related news, VP Tzu-Sou Chuang sold 200,000 shares of the business’s 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 directly owned 2,495,165 shares of the company’s stock, valued at $174,237,371.95. The trade was a 7.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Bor-Zen Tien purchased 2,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were bought at an average price of $69.91 per share, for a total transaction of $139,820.00. Following the acquisition, the vice president owned 11,051 shares in the company, valued at $772,575.41. This trade represents a 22.10% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 6,857 shares of company stock valued at $512,334 in the last three months. 1.11% of the stock is owned by corporate insiders.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock opened at $420.63 on Wednesday. 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 52 week low of $223.70 and a 52 week high of $479.00. The stock has a market capitalization of $2.18 trillion, a PE ratio of 34.99, a P/E/G ratio of 1.06 and a beta of 1.36. The firm has a 50 day moving average of $427.17 and a two-hundred day moving average of $376.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings data on Wednesday, April 15th. The semiconductor company reported $3.49 earnings per share for the quarter, topping analysts’ consensus estimates of $3.31 by $0.18. The business had revenue of $35.49 billion for the quarter, compared to analyst estimates of $35.47 billion. Taiwan Semiconductor Manufacturing had a return on equity of 36.81% and a net margin of 46.97%.The company’s revenue was up 40.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.12 earnings per share. On average, research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.44 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

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

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.