Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Purchased by Sustainable Growth Advisers LP

Sustainable Growth Advisers LP lifted its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 390.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 444,118 shares of the semiconductor company’s stock after buying an additional 353,656 shares during the period. Taiwan Semiconductor Manufacturing makes up about 2.2% of Sustainable Growth Advisers LP’s investment portfolio, making the stock its 16th biggest position. Sustainable Growth Advisers LP’s holdings in Taiwan Semiconductor Manufacturing were worth $202,602,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TSM. ACT Advisors LLC. boosted its position in Taiwan Semiconductor Manufacturing by 14.4% in the third quarter. ACT Advisors LLC. now owns 777 shares of the semiconductor company’s stock worth $354,000 after purchasing an additional 98 shares during the last quarter. Iams Wealth Management LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 1,263.6% during the 3rd quarter. Iams Wealth Management LLC now owns 5,836 shares of the semiconductor company’s stock valued at $2,662,000 after purchasing an additional 5,408 shares during the period. NFSG Corp grew its stake in shares of Taiwan Semiconductor Manufacturing by 68.4% during the 3rd quarter. NFSG Corp now owns 7,939 shares of the semiconductor company’s stock valued at $3,622,000 after purchasing an additional 3,225 shares during the period. Activest Wealth Management increased its position in shares of Taiwan Semiconductor Manufacturing by 5.8% during the 3rd quarter. Activest Wealth Management now owns 658 shares of the semiconductor company’s stock valued at $300,000 after purchasing an additional 36 shares during the last quarter. Finally, SLT Holdings LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 5.6% during the 3rd quarter. SLT Holdings LLC now owns 2,834 shares of the semiconductor company’s stock valued at $1,293,000 after purchasing an additional 150 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on TSM shares. DA Davidson increased their price objective 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. Sanford C. Bernstein raised their price objective on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the stock an “outperform” rating in a report on Tuesday, August 11th. Stifel Nicolaus initiated coverage on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, September 1st. They set a “buy” rating and a $515.00 target price for the company. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, October 7th. Finally, Susquehanna upped their target price on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a report on Thursday, July 16th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Taiwan Semiconductor Manufacturing currently has an average rating of “Buy” and a consensus price target of $528.22.

Insider Transactions at Taiwan Semiconductor Manufacturing

In related news, VP Shyue-Shyh Lin acquired 2,000 shares of the business’s stock in a transaction that occurred on Sunday, July 19th. The stock was bought at an average cost of $71.71 per share, for a total transaction of $143,420.00. Following the purchase, 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Lipen Yuan bought 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction that occurred 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 acquisition, the vice president directly owned 6,000 shares in the company, valued at $447,000. This represents a 20.00% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased 16,043 shares of company stock valued at $1,185,746 over the last quarter. 1.11% of the stock is currently owned by company insiders.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC reported record third-quarter results, with net income rising 68.7% year over year to approximately NT$763 billion. Revenue and earnings exceeded expectations, supported by strong demand for advanced AI and high-performance-computing chips. TSMC posts record profit for a sixth straight quarter
• Positive Sentiment: Management issued above-consensus fourth-quarter revenue guidance of $52.3 billion to $54.3 billion versus an analyst estimate of $48.8 billion. Advanced technologies represented about 79% of wafer revenue, while 2-nanometer adoption is gaining momentum. TSMC beats Q3 earnings and revenue estimates
• Positive Sentiment: TSMC’s chief executive sees no sign of an AI-related demand slowdown. Competition among Nvidia, Apple, Broadcom and other customers for TSMC’s leading-edge capacity also reinforces the company’s pricing power and strategic importance. TSMC capacity is a battleground for AI customers
• Positive Sentiment: Needham raised its price target to $560 and maintained a buy rating, arguing that long-term AI demand remains underappreciated.
• Neutral Sentiment: TSMC is reportedly in discussions with Elon Musk’s proposed Texas “Terafab” complex. Any expansion could strengthen its U.S. footprint and create additional capacity, but the talks remain preliminary. TSMC talks with Elon Musk’s Terafab
• Negative Sentiment: Investors remain concerned about TSMC’s plan to spend as much as $64 billion on capital expenditures. The investment is intended to meet AI-chip demand, but it raises questions about free cash flow, returns on new capacity and the risk of overbuilding if AI spending cools. TSMC’s $64 billion spending plan
• Negative Sentiment: The stock was caught in a broader semiconductor selloff driven by a hot inflation reading, higher-rate concerns and fears that debt financing could undermine the profitability of AI infrastructure companies such as CoreWeave and Oracle. These macro and financing concerns outweighed the earnings beat in the near term. Chip stocks tumble on AI investment worries

Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $422.15 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $266.82 and a one year high of $487.47. The stock’s fifty day moving average is $434.85 and its 200 day moving average is $417.14. The stock has a market cap of $2.19 trillion, a P/E ratio of 30.46, a P/E/G ratio of 0.89 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 earnings results on Tuesday, September 8th. The semiconductor company reported $4.62 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 $46.87 billion for the quarter. Sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.60 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently disclosed 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. This represents a $4.34 annualized dividend and a dividend yield of 1.0%. This is a decrease from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date of this dividend is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 24.96%.

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.