Brookstone Capital Management Has $4.54 Million Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Brookstone Capital Management cut its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 15.5% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,424 shares of the semiconductor company’s stock after selling 2,453 shares during the period. Brookstone Capital Management’s holdings in Taiwan Semiconductor Manufacturing were worth $4,537,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Town & Country Bank & Trust CO dba First Bankers Trust CO purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the first quarter worth $2,030,000. First Merchants Corp increased its position in Taiwan Semiconductor Manufacturing by 21.6% in the 1st quarter. First Merchants Corp now owns 20,082 shares of the semiconductor company’s stock worth $6,787,000 after purchasing an additional 3,565 shares during the last quarter. Waystone Advisors LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth about $294,000. Warren Street Wealth Advisors LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 4.1% during the 1st quarter. Warren Street Wealth Advisors LLC now owns 955 shares of the semiconductor company’s stock valued at $323,000 after buying an additional 38 shares during the last quarter. Finally, Smith Salley Wealth Management lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 13.5% during the 1st quarter. Smith Salley Wealth Management now owns 2,870 shares of the semiconductor company’s stock valued at $970,000 after buying an additional 342 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on TSM shares. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Sunday, March 22nd. DA Davidson reiterated a “buy” rating and issued a $450.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 17th. Needham & Company LLC boosted their target price on shares of Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Weiss Ratings restated a “buy (b-)” rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, June 17th. Finally, Susquehanna lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $500.00 to $575.00 and gave the company a “positive” rating in a research note on Monday. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $429.29.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC’s CoWoS advanced packaging remains central to the AI supply chain, keeping the company well positioned for HBM-driven demand growth. Why TSMC’s CoWoS Role Keeps Taiwan Semiconductor (TSM) Central to the HBM-Driven AI Chip Boom
• Positive Sentiment: Recent revenue trends were strong, with May revenue up 30.1% year over year and year-to-date revenue up 30.0%, reinforcing confidence in demand momentum. Why TSMC’s CoWoS Role Keeps Taiwan Semiconductor (TSM) Central to the HBM-Driven AI Chip Boom
• Positive Sentiment: Insider buying by Vice President Lipen Yuan may signal management confidence, though the purchase was small in dollar terms. Insider trade filing

Taiwan Semiconductor Manufacturing Stock Down 6.5%

TSM opened at $437.13 on Wednesday. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $213.88 and a twelve month high of $476.79. The firm has a market cap of $2.27 trillion, a P/E ratio of 36.37, a price-to-earnings-growth ratio of 1.36 and a beta of 1.38. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.31 and a current ratio of 2.49. The business has a 50 day moving average price of $410.35 and a 200 day moving average price of $360.89.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share for the quarter. The business had revenue of $30.65 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 36.81%. Research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.3 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company 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 is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. The ex-dividend date is Wednesday, September 16th. This represents a $4.45 annualized dividend and a yield of 1.0%. Taiwan Semiconductor Manufacturing’s payout ratio is 25.12%.

Insiders Place Their Bets

In other news, VP Tzu-Sou Chuang sold 200,000 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total value of $13,966,000.00. Following the sale, the vice president directly owned 2,495,165 shares of the company’s stock, valued at approximately $174,237,371.95. This trade represents a 7.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Bor-Zen Tien acquired 2,000 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was acquired at an average price of $69.91 per share, for a total transaction of $139,820.00. Following the completion of the purchase, the vice president directly owned 11,051 shares of the company’s stock, valued at $772,575.41. This trade represents a 22.10% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 4,496 shares of company stock valued at $327,927 in the last quarter. Insiders own 1.11% of the company’s stock.

About Taiwan Semiconductor Manufacturing

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.