1,754 Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Purchased by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 41.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,973 shares of the semiconductor company’s stock after buying an additional 1,754 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $2,725,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. SBE LLC DBA Cedar Cove Wealth Partners lifted its position in shares of Taiwan Semiconductor Manufacturing by 57.7% during the 3rd quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 1,869 shares of the semiconductor company’s stock valued at $853,000 after acquiring an additional 684 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in shares of Taiwan Semiconductor Manufacturing by 4.1% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 2,073 shares of the semiconductor company’s stock worth $946,000 after acquiring an additional 82 shares in the last quarter. Nvwm LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 3.5% during the 3rd quarter. Nvwm LLC now owns 5,504 shares of the semiconductor company’s stock worth $2,511,000 after acquiring an additional 187 shares in the last quarter. Kellett Wealth Advisors LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter worth approximately $208,000. Finally, KG Capital Management grew its holdings in shares of Taiwan Semiconductor Manufacturing by 0.4% in the 3rd quarter. KG Capital Management now owns 6,228 shares of the semiconductor company’s stock worth $2,841,000 after acquiring an additional 25 shares during the period. 16.51% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Record results and strong guidance: TSMC reported third-quarter net income of approximately NT$763 billion, up 68.7% year over year, while revenue increased about 51%. Earnings exceeded consensus, and fourth-quarter revenue guidance of $52.3 billion to $54.3 billion was well above the roughly $48.8 billion analyst estimate. TSMC posts record profit for a sixth straight quarter, beating estimates on AI boom
• Positive Sentiment: AI demand remains the key growth engine: Advanced technologies accounted for approximately 79% of wafer revenue, supported by demand for AI processors and high-performance computing. Management reportedly sees no near-term slowdown, while industry veteran Steve Williams said AI has disrupted the traditional semiconductor cycle. AI Build-Out Has ‘Broken the Old Demand Cycle,’ Chip Veteran Says as TSMC Posts Record Profit
• Positive Sentiment: Expansion opportunities are broadening: TSMC confirmed discussions with Elon Musk’s proposed Texas “Terafab” complex, potentially creating another avenue for capacity expansion outside Arizona. Needham also raised its price target to $560 and maintained a Buy rating. TSMC confirms talks with Elon Musk’s Terafab
• Neutral Sentiment: TSMC’s reported agreement for GlobalFoundries to manufacture silicon interposers could support supply-chain diversification and AI packaging capacity, although the financial impact on TSM shareholders is not yet clear.
• Negative Sentiment: Market concerns outweighed the earnings beat: Semiconductor stocks broadly sold off after inflation data and rising Treasury yields renewed worries about the cost of AI infrastructure and debt financing. Investors appear to have already priced in much of TSMC’s growth, raising the bar for future results. Stock market today: S&P 500, Nasdaq slip as chip sell-off continues

Taiwan Semiconductor Manufacturing Price Performance

TSM stock traded down $11.74 during trading on Thursday, hitting $418.26. The stock had a trading volume of 15,233,043 shares, compared to its average volume of 13,041,821. The company’s 50 day moving average price is $434.77 and its two-hundred day moving average price is $416.47. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $266.82 and a 1-year high of $487.47. The stock has a market cap of $2.17 trillion, a price-to-earnings ratio of 30.16, a price-to-earnings-growth ratio of 0.92 and a beta of 1.37. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Tuesday, September 8th. The semiconductor company reported $4.62 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. The company had revenue of $46.87 billion for the quarter. On average, sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.60 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be paid a dividend of $1.0854 per share. The ex-dividend date of this dividend 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 annualized dividend and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing’s payout ratio is currently 24.75%.

Insider Activity at Taiwan Semiconductor Manufacturing

In other news, VP Shyue-Shyh Lin bought 2,000 shares of the firm’s stock in a transaction that occurred on Sunday, July 19th. The shares were purchased at an average price of $71.71 per share, for a total transaction of $143,420.00. Following the completion of the transaction, the vice president owned 28,269 shares in the company, valued at $2,027,169.99. The trade was a 7.61% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Lipen Yuan bought 1,000 shares of the stock in a transaction on Tuesday, August 18th. The stock was purchased at an average cost of $74.50 per share, with a total value of $74,500.00. Following the completion of the purchase, the vice president directly owned 6,000 shares in the company, valued at $447,000. This trade represents a 20.00% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have bought 16,043 shares of company stock valued at $1,185,746. Company insiders own 1.11% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on TSM. Bank of America raised their price objective on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Needham & Company LLC boosted their target price on Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a “buy” rating in a research report on Thursday. DA Davidson boosted their target price on Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Stifel Nicolaus began coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, September 1st. They issued a “buy” rating and a $515.00 target price on the stock. Finally, Zacks Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing has a consensus rating of “Buy” and a consensus target price of $528.22.

Taiwan Semiconductor Manufacturing 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.