Taiwan Semiconductor Manufacturing Company Ltd. $TSM is Firetrail Investments PTY Ltd.’s 3rd Largest Position

Firetrail Investments PTY Ltd. decreased its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 7.2% during the third quarter, Holdings Channel.com reports. The fund owned 100,494 shares of the semiconductor company’s stock after selling 7,769 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 7.0% of Firetrail Investments PTY Ltd.’s investment portfolio, making the stock its 3rd largest holding. Firetrail Investments PTY Ltd.’s holdings in Taiwan Semiconductor Manufacturing were worth $27,853,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. MCF Advisors LLC grew its holdings in Taiwan Semiconductor Manufacturing by 464.0% during the 3rd quarter. MCF Advisors LLC now owns 282 shares of the semiconductor company’s stock valued at $79,000 after buying an additional 232 shares in the last quarter. Trivant Custom Portfolio Group LLC lifted its stake in Taiwan Semiconductor Manufacturing by 1.5% in the 3rd quarter. Trivant Custom Portfolio Group LLC now owns 5,531 shares of the semiconductor company’s stock worth $1,545,000 after purchasing an additional 84 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 62.8% during the 3rd quarter. Smartleaf Asset Management LLC now owns 5,214 shares of the semiconductor company’s stock valued at $1,425,000 after purchasing an additional 2,011 shares during the last quarter. First National Bank of Hutchinson boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 10.9% during the 3rd quarter. First National Bank of Hutchinson now owns 4,670 shares of the semiconductor company’s stock valued at $1,304,000 after purchasing an additional 460 shares during the last quarter. Finally, GR Financial Group LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing during the third quarter valued at about $236,000. 16.51% of the stock is currently owned by institutional investors.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC plans mass production of 3nm chips in Japan with roughly a $17B investment, signaling a big boost to advanced-node capacity and geographic diversification. This report is from Reuters. Read More.
• Positive Sentiment: Coverage notes Tokyo is ramping up subsidies and support as TSMC expands 3nm production in Japan — a combination that reduces capex risk and improves project economics. (Benzinga) Read More.
• Positive Sentiment: Multiple outlets frame the ~$17B Japan upgrade as a strategic game-changer that addresses surging AI chip demand and mitigates geopolitical concentration risk. (Blockonomi) Read More.
• Positive Sentiment: Deep-dive reporting highlights TSMC’s decision to produce advanced 3nm chips at Kumamoto to meet accelerating AI demand — underlining why capacity expansion is urgent. (Barron’s) Read More.
• Positive Sentiment: Financial news outlets reiterate the expansion and tie it to strong recent results (Q4 revenue growth), reinforcing expectations for sustained demand-driven revenue. (24/7 Wall St.) Read More.
• Positive Sentiment: Market-data coverage flags TSMC’s upgraded Japan plans and the shift toward mass-producing advanced 3nm chips — a near-term catalyst for investor sentiment. (TipRanks) Read More.
• Positive Sentiment: Zacks Research upgraded TSMC from Hold to Strong Buy, which can attract flows and supports the bullish momentum. Read More.
• Neutral Sentiment: A Zacks piece notes the consensus price target implies ~25% upside but cautions that price-target signals are imperfect; earnings-estimate revision trends are a more reliable short-term indicator. Read More.
• Neutral Sentiment: Another Zacks piece examines whether Wall Street recommendations matter materially for investors, a reminder to weigh analyst upgrades alongside fundamentals and execution risk. Read More.

Taiwan Semiconductor Manufacturing Stock Up 5.5%

Shares of Taiwan Semiconductor Manufacturing stock opened at $349.01 on Friday. The stock has a market cap of $1.81 trillion, a price-to-earnings ratio of 32.77, a PEG ratio of 0.98 and a beta of 1.31. The firm’s 50-day moving average is $314.52 and its two-hundred day moving average is $284.45. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.69 and a quick ratio of 2.47. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $351.33.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Friday, November 14th. The semiconductor company reported $14.32 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 36.18% and a net margin of 45.13%.The business had revenue of $32.50 billion for the quarter. As a group, research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Tuesday, March 17th will be issued a $0.9678 dividend. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.83. This represents a $3.87 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, March 17th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 23.57%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. UBS Group set a $330.00 target price on Taiwan Semiconductor Manufacturing in a research report on Sunday, December 7th. Zacks Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, January 9th. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Finally, Freedom Capital raised Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research note on Thursday, January 15th. Three research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of “Buy” and an average target price of $381.67.

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.