Westover Capital Advisors LLC Purchases 2,105 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Westover Capital Advisors LLC lifted its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 10.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,431 shares of the semiconductor company’s stock after acquiring an additional 2,105 shares during the period. Taiwan Semiconductor Manufacturing accounts for about 1.4% of Westover Capital Advisors LLC’s portfolio, making the stock its 19th biggest holding. Westover Capital Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $7,581,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Quattro Advisors LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth $25,000. Hilton Head Capital Partners LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter worth $27,000. Stephens Consulting LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 82.0% during the 4th quarter. Stephens Consulting LLC now owns 91 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 41 shares during the last quarter. Strategic Advocates LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 62.1% during the fourth quarter. Strategic Advocates LLC now owns 94 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 36 shares in the last quarter. Finally, Ares Financial Consulting LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth about $29,000. Hedge funds and other institutional investors own 16.51% of the company’s stock.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Reuters said TSMC is expected to post a fifth straight quarter of record earnings, with second-quarter net profit likely up 59% year over year thanks to booming AI infrastructure spending. TSMC’s second-quarter profit seen hitting record on AI boom
• Positive Sentiment: Wedbush reiterated an Outperform rating, saying TSMC’s monthly revenue trends suggest it likely beat its prior second-quarter revenue estimate by about 1%, which would reinforce the company’s AI growth story. Taiwan Semiconductor Manufacturing Company heads into earnings with Wedbush expecting continued AI-driven growth
• Positive Sentiment: Several reports highlighted TSMC’s June sales surge and strong AI-driven demand, which investors view as evidence that the company remains the key manufacturing bottleneck for advanced chips used by Nvidia, Meta and other large customers. TSMC's 68% Sales Surge Just Validated This Billionaire's $9.5 Billion Bet
• Neutral Sentiment: Investors are also watching TSMC’s earnings as a broader test of whether Big Tech will keep spending aggressively on AI chips, making the report a major catalyst but not necessarily a one-way outcome. TSMC Earnings Will Be a Crucial Test for AI Thursday
• Negative Sentiment: One possible headwind is pricing pressure from ASML, after reports that TSMC is pushing back against proposed price increases on chipmaking tools, which could modestly squeeze margins if equipment costs rise. ASML has room to raise prices, CFO says

Insider Buying and Selling

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien bought 2,000 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were acquired at an average cost of $69.91 per share, with a total value of $139,820.00. Following 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 acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Tzu-Sou Chuang sold 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total transaction of $13,966,000.00. Following the sale, the vice president owned 2,495,165 shares of the company’s stock, valued at $174,237,371.95. This represents a 7.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders acquired 6,857 shares of company stock valued at $512,334. 1.11% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on TSM. Bank of America upped their price target on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. DA Davidson reissued a “buy” rating and set a $450.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 17th. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Sunday, March 22nd. Weiss Ratings cut shares of Taiwan Semiconductor Manufacturing from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Finally, Needham & Company LLC upped their target price on Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the stock a “buy” rating in a report on Thursday, April 16th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing has an average rating of “Moderate Buy” and an average target price of $449.38.

Taiwan Semiconductor Manufacturing Trading Down 0.2%

Shares of NYSE:TSM opened at $419.43 on Thursday. The company has a quick ratio of 2.31, a current ratio of 2.49 and a debt-to-equity ratio of 0.16. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $223.70 and a 52-week high of $479.00. The stock has a market cap of $2.18 trillion, a price-to-earnings ratio of 34.89, a PEG ratio of 1.05 and a beta of 1.36. The business has a 50-day moving average price of $427.18 and a 200-day moving average price of $377.06.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Wednesday, April 15th. The semiconductor company reported $3.49 EPS for the quarter, beating the consensus estimate of $3.31 by $0.18. The company had revenue of $35.49 billion for the quarter, compared to analyst estimates of $35.47 billion. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 36.81%. The firm’s revenue was up 40.6% on a year-over-year basis. During the same period in the prior year, the company earned $2.12 earnings per share. Equities analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.44 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be paid a $1.1136 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $4.45 annualized dividend and a dividend yield of 1.1%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 24.71%.

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.