Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock Price Target Raised at Sanford C. Bernstein

Taiwan Semiconductor Manufacturing (NYSE:TSM) had its target price increased by Sanford C. Bernstein from $554.00 to $600.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have an outperform rating on the semiconductor company’s stock.

A number of other analysts have also recently commented on the stock. Needham & Company LLC lifted their target price on shares of Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a “buy” rating in a research note on Thursday, October 15th. Weiss Ratings raised shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b)” rating in a report on Wednesday, October 21st. DA Davidson reiterated a “buy” rating and set a $500.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 16th. Stifel Nicolaus initiated coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, September 1st. They set a “buy” rating and a $515.00 price objective on the stock. Finally, Citigroup restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 7th. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Taiwan Semiconductor Manufacturing has a consensus rating of “Buy” and an average target price of $533.89.

Taiwan Semiconductor Manufacturing Trading Down 2.5%

Shares of NYSE:TSM opened at $394.81 on Wednesday. The business’s 50-day moving average is $434.04 and its 200 day moving average is $400.48. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.46 and a quick ratio of 2.25. Taiwan Semiconductor Manufacturing has a 1 year low of $266.82 and a 1 year high of $487.47. The firm has a market capitalization of $2.05 trillion, a P/E ratio of 25.41, a P/E/G ratio of 0.82 and a beta of 1.44.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share for the quarter, topping the consensus estimate of $4.45 by $0.15. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The business had revenue of $46.72 billion during the quarter, compared to the consensus estimate of $45.67 billion. During the same quarter last year, the company earned $2.92 earnings per share. The company’s quarterly revenue was up 41.2% on a year-over-year basis. On average, research analysts predict that Taiwan Semiconductor Manufacturing will post 17.07 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be paid a $1.0854 dividend. The ex-dividend date is Thursday, December 10th. This is a negative change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. This represents a $4.34 dividend on an annualized basis and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 22.07%.

Insider Buying and Selling

In related news, VP Lipen Yuan bought 1,000 shares of the company’s stock in a transaction that occurred on Sunday, November 1st. The shares were purchased at an average cost of $71.49 per share, with a total value of $71,490.00. Following the completion of the acquisition, the vice president directly owned 8,000 shares in the company, valued at approximately $571,920. The trade was a 14.29% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders bought 7,043 shares of company stock worth $529,416 over the last quarter. 1.11% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Tiger Global Management LLC raised 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 worth $1,880,717,000 after purchasing an additional 1,839,600 shares during the period. Fundsmith LLP purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $548,465,000. Assenagon Asset Management S.A. purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $490,461,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Taiwan Semiconductor Manufacturing during the 3rd quarter worth approximately $444,923,000. Finally, Perseverance Asset Management International increased its position in Taiwan Semiconductor Manufacturing by 1,453.9% during the 1st quarter. Perseverance Asset Management International now owns 446,505 shares of the semiconductor company’s stock worth $150,896,000 after purchasing an additional 417,771 shares in the last quarter. 16.51% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: ETFs bought a reported $146.2 million of TSM shares on November 3, a supportive demand signal from fund investors. Article: Taiwan Semiconductor sees $146.2 million in net ETF buying
• Positive Sentiment: Vice President Lipen Yuan bought 1,000 shares, increasing his holding by 14.29%. The purchase may signal confidence, though it is small relative to TSMC’s scale. Article: TSMC VP buys shares
• Positive Sentiment: TSMC’s position as a leading advanced-chip foundry leaves it exposed to AI demand across multiple chip designers. Analysts and commentators also point to robust AI infrastructure investment as a potential demand tailwind. Article: Better Foundry Stock: Taiwan Semiconductor vs. Intel Article: Semiconductor stocks and AI demand
• Neutral Sentiment: TSMC plans to list $450 million in green bonds in Taiwan. The financing supports environmental initiatives, but the report does not indicate a near-term change to its business outlook. Article: TSMC to list $450 million in green bonds
• Negative Sentiment: Shares are under pressure alongside a broader chip-stock selloff following reports from Lam Research and Intel. Investors are also awaiting TSMC’s November 10 monthly sales release, which will be the first update of the new quarter and must be assessed against high quarterly revenue expectations. Article: TSMC stocks move lower as November sales data approach Article: TSMC is below its recent high amid chip-stock selling

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a dedicated semiconductor foundry headquartered in Hsinchu, Taiwan. The company manufactures integrated circuits for customers that design their own chips, allowing semiconductor, electronics, and technology companies to outsource production rather than operate their own fabrication facilities.

TSMC provides wafer fabrication services across a broad range of process technologies, including advanced nodes used in high-performance computing, smartphones, automotive systems, and artificial intelligence applications.