Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC reduced its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 4.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,917,824 shares of the semiconductor company’s stock after selling 374,060 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for approximately 1.3% of Janus Henderson Group PLC’s holdings, making the stock its 9th largest holding. Janus Henderson Group PLC’s holdings in Taiwan Semiconductor Manufacturing were worth $2,650,964,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TSM. Fisher Asset Management LLC grew its position in Taiwan Semiconductor Manufacturing by 1.8% in the fourth quarter. Fisher Asset Management LLC now owns 18,146,900 shares of the semiconductor company’s stock valued at $5,514,662,000 after acquiring an additional 313,773 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Taiwan Semiconductor Manufacturing by 11.1% during the fourth quarter. Van ECK Associates Corp now owns 17,464,962 shares of the semiconductor company’s stock worth $5,307,428,000 after purchasing an additional 1,750,824 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Taiwan Semiconductor Manufacturing by 6.5% during the fourth quarter. Bank of America Corp DE now owns 15,902,819 shares of the semiconductor company’s stock worth $4,832,708,000 after purchasing an additional 966,926 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 6.4% in the fourth quarter. Jennison Associates LLC now owns 13,394,299 shares of the semiconductor company’s stock valued at $4,070,393,000 after purchasing an additional 802,757 shares during the period. Finally, Coatue Management LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 6.9% in the fourth quarter. Coatue Management LLC now owns 8,629,524 shares of the semiconductor company’s stock valued at $2,622,426,000 after purchasing an additional 556,988 shares during the period. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Trading Down 4.7%

NYSE TSM opened at $373.83 on Thursday. The company has a market capitalization of $1.94 trillion, a price-to-earnings ratio of 26.97, a price-to-earnings-growth ratio of 0.91 and a beta of 1.36. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.49 and a quick ratio of 2.31. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $223.70 and a 12 month high of $479.00. The company’s fifty day moving average price is $427.21 and its two-hundred day moving average price is $383.56.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. The company had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 40.88%. As a group, research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.34 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently disclosed 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 an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. This represents a $4.45 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, September 16th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 21.43%.

Insider Transactions at Taiwan Semiconductor Manufacturing

In other news, VP Bor-Zen Tien bought 3,000 shares of the firm’s stock in a transaction dated Tuesday, July 21st. The stock was bought at an average price of $74.39 per share, for a total transaction of $223,170.00. Following the transaction, the vice president owned 4,000 shares in the company, valued at $297,560. The trade was a 300.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Shyue-Shyh Lin purchased 1,000 shares of the stock in a transaction dated Tuesday, July 21st. The stock was purchased at an average price of $74.13 per share, with a total value of $74,130.00. Following the completion of the acquisition, the vice president directly owned 30,269 shares in the company, valued at approximately $2,243,840.97. The trade was a 3.42% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 14,857 shares of company stock valued at $1,099,124 in the last three months. Corporate insiders own 1.11% of the company’s stock.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC reported record second-quarter results, with revenue of approximately $40 billion, and raised its outlook. Strong demand from artificial-intelligence and high-performance-computing customers continues to support growth. These 3 Companies Reported Record Results and Raised Guidance
• Positive Sentiment: Needham raised its TSMC price target to $530, reflecting confidence in the company’s long-term AI and advanced-chip demand outlook. Needham Raises TSMC Price Target
• Positive Sentiment: Amkor’s 10-year partnership with TSMC for an advanced-packaging facility in Arizona could strengthen TSMC’s U.S. manufacturing and AI supply-chain presence. Amkor Lands 10-Year TSMC Arizona Deal
• Positive Sentiment: Several TSMC vice presidents disclosed open-market purchases, a modestly supportive signal of insider confidence. TSMC Insider Buying
• Neutral Sentiment: TSMC said its Japan plant was gradually resuming operations after an earthquake. Employees were safe and the construction site was not damaged, although some work was temporarily suspended because of possible aftershocks. TSMC Japan Plant Resumes Operations
• Negative Sentiment: TSMC shares were caught in a wider AI-driven semiconductor rout, with technology stocks falling as investors questioned the durability of AI infrastructure spending and expressed concern about Chinese chipmaking competition. TSMC Stock Drops as AI Rout Spreads
• Negative Sentiment: Qualcomm’s cautious profit forecast highlighted component shortages, rising costs, and potential weakness in the smartphone market, adding pressure to semiconductor sentiment. Qualcomm Gives Tepid Profit Forecast

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on TSM shares. Needham & Company LLC raised their price target on shares of Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the company a “buy” rating in a report on Monday. Susquehanna upped their price objective on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a research report on Thursday, July 16th. Zacks Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. TD Cowen boosted their price target on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a “hold” rating in a research note on Friday, July 17th. Finally, DA Davidson increased their price target on Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the company a “buy” rating in a report on Friday, July 17th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Buy” and a consensus price target of $496.25.

Taiwan Semiconductor Manufacturing Company 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.