Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Purchased by Wedmont Private Capital

Wedmont Private Capital lifted its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 51.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,008 shares of the semiconductor company’s stock after buying an additional 4,067 shares during the period. Wedmont Private Capital’s holdings in Taiwan Semiconductor Manufacturing were worth $5,500,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Janus Henderson Group PLC grew its stake in Taiwan Semiconductor Manufacturing by 7.7% during the 4th quarter. Janus Henderson Group PLC now owns 8,291,884 shares of the semiconductor company’s stock worth $2,497,638,000 after buying an additional 594,780 shares during the last quarter. Tiger Global Management LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 49.4% in the 1st quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company’s stock valued at $1,880,717,000 after acquiring an additional 1,839,600 shares during the period. Invesco Ltd. raised its position in Taiwan Semiconductor Manufacturing by 1.1% in the 4th quarter. Invesco Ltd. now owns 3,721,823 shares of the semiconductor company’s stock valued at $1,131,025,000 after purchasing an additional 40,842 shares during the last quarter. Sei Investments Co. boosted its stake in Taiwan Semiconductor Manufacturing by 11.8% during the 1st quarter. Sei Investments Co. now owns 2,591,510 shares of the semiconductor company’s stock worth $875,802,000 after purchasing an additional 274,389 shares during the period. Finally, T. Rowe Price Investment Management Inc. increased its stake in Taiwan Semiconductor Manufacturing by 168.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,093,115 shares of the semiconductor company’s stock valued at $636,077,000 after purchasing an additional 1,313,917 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Insiders Place Their Bets

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien purchased 1,000 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was bought at an average cost of $73.06 per share, for a total transaction of $73,060.00. Following the acquisition, the vice president owned 14,051 shares of the company’s stock, valued at approximately $1,026,566.06. The trade was a 7.66% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Lipen Yuan purchased 350 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Tuesday, August 18th. The shares were acquired at an average cost of $73.58 per share, for a total transaction of $25,753.00. Following the purchase, the vice president owned 2,000 shares in the company, valued at approximately $147,160. This trade represents a 21.21% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 16,043 shares of company stock valued at $1,185,746. Company insiders own 1.11% of the company’s stock.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Record AI-driven growth: TSMC reported third-quarter revenue of approximately NT$1.49 trillion ($46.7 billion), up about 50% year over year and ahead of estimates. September revenue rose 54.6% year over year, reinforcing strong demand for advanced chips used in AI and high-performance computing. TSMC’s third-quarter revenue surges to record, beating market forecast
• Positive Sentiment: Analyst support remains strong: Several firms raised their price targets, and the reported average target of about $524.89 remains above the recent trading level. Commentary also continues to identify TSMC as a key beneficiary of the AI infrastructure cycle. Brokers Suggest Investing in TSMC
• Positive Sentiment: Packaging capacity is expanding: TSMC signed a multiyear, $2 billion agreement with GlobalFoundries for U.S.-made silicon interposers supporting its CoWoS advanced-packaging ecosystem. The deal should help address AI-related packaging bottlenecks, although volume production is not expected to ramp until 2028. GlobalFoundries Lands $2 Billion TSMC Deal to Expand US AI Chip Packaging
• Neutral Sentiment: TSMC CEO Che-Chia Wei and numerous other executives disclosed modest share purchases. The buying may indicate management confidence, but the transactions are small relative to TSMC’s market capitalization. TSMC Insider Buying and Selling
• Neutral Sentiment: Potential business connected to Tesla, SpaceX and the proposed Terafab project could create an additional long-term opportunity, but reports indicate TSMC may only sublease part of the facility while Intel remains involved. The scope and timing of any revenue benefit remain uncertain. Intel CEO Lip-Bu Tan Says Company Will Keep Working on Terafab
• Negative Sentiment: Investors appear concerned that TSMC’s strong results are already reflected in its premium valuation. The stock trades at roughly 32 times earnings after approaching its 52-week high, leaving less room for upside if future guidance does not exceed elevated expectations.
• Negative Sentiment: Higher oil prices and Treasury yields pressured technology stocks broadly, encouraging profit-taking across the semiconductor sector. TSMC’s reported quarterly dividend was also lower than the prior payment, which may modestly weigh on income-focused investors.

Taiwan Semiconductor Manufacturing Price Performance

NYSE:TSM traded down $6.81 during mid-day trading on Friday, hitting $451.18. 5,981,646 shares of the company’s stock traded hands, compared to its average volume of 13,049,658. 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 firm’s 50 day simple moving average is $432.16 and its 200 day simple moving average is $413.53. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $266.82 and a 1 year high of $487.47. The company has a market cap of $2.34 trillion, a PE ratio of 32.56, a price-to-earnings-growth ratio of 1.05 and a beta of 1.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly 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 company had revenue of $39.89 billion during the quarter. Sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be paid a $1.0854 dividend. This represents a $4.34 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, December 10th. This is a decrease from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 24.75%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on TSM shares. Bank of America raised their price target on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. TD Cowen boosted their target price on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a report on Friday, July 17th. Wall Street Zen downgraded Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Stifel Nicolaus initiated coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, September 1st. They issued a “buy” rating and a $515.00 price objective on the stock. Finally, DA Davidson raised their target price on shares of Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $524.89.

Taiwan Semiconductor Manufacturing Company 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.