Climber Capital SA Makes New Investment in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Climber Capital SA bought a new stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 2,269 shares of the semiconductor company’s stock, valued at approximately $981,000.

Several other institutional investors and hedge funds have also bought and sold shares of TSM. Tiger Global Management LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 49.4% during 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 purchasing an additional 1,839,600 shares during the period. Sei Investments Co. increased its position in shares of 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 valued at $875,802,000 after purchasing an additional 274,389 shares during the last quarter. Bessemer Group Inc. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 7.9% in the 1st quarter. Bessemer Group Inc. now owns 1,781,764 shares of the semiconductor company’s stock worth $602,147,000 after purchasing an additional 130,602 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 67.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,717,515 shares of the semiconductor company’s stock worth $783,513,000 after purchasing an additional 690,523 shares during the period. Finally, AMF Tjanstepension AB lifted its stake in shares of Taiwan Semiconductor Manufacturing by 6.4% in the 1st quarter. AMF Tjanstepension AB now owns 1,632,738 shares of the semiconductor company’s stock worth $551,784,000 after purchasing an additional 98,123 shares during the period. 16.51% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TSM has been the topic of a number of research reports. 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. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, October 7th. Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Needham & Company LLC increased their price target on shares of Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a “buy” rating in a research report on Thursday, October 15th. Finally, Barclays lifted their price target on shares of Taiwan Semiconductor Manufacturing from $665.00 to $670.00 and gave the stock an “overweight” rating in a research note on Friday. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $528.78.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM traded up $6.76 during trading on Tuesday, hitting $426.98. The company had a trading volume of 6,465,498 shares, compared to its average volume of 13,061,418. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $266.82 and a 12 month high of $487.47. 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 has a market capitalization of $2.21 trillion, a P/E ratio of 27.44, a price-to-earnings-growth ratio of 0.85 and a beta of 1.37. The stock has a 50 day simple moving average of $434.73 and a 200 day simple moving average of $418.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Tuesday, September 8th. The semiconductor company reported $4.62 earnings per share (EPS) for the quarter. The company had revenue of $46.87 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. As a group, analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.90 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be issued a dividend of $1.0854 per share. This is a decrease from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. This represents a $4.34 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s payout ratio is presently 22.27%.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC’s latest results showed record profitability, a 69% increase in profit and high-performance computing contributing approximately 68% of quarterly revenue. Management also raised its outlook, reinforcing expectations that AI and data-center demand will remain strong. The Most Important Number in Taiwan Semiconductor’s Earnings Report Was 68%
• Positive Sentiment: Demand continues to exceed available supply, while TSMC is investing billions of dollars to expand production in the United States. The spending could increase capacity and strengthen relationships with major AI and data-center customers. A $4 Billion Reason to Buy TSMC Stock Now
• Positive Sentiment: Nvidia is reportedly encouraging Samsung, Micron and SK Hynix to use TSMC’s 3-nanometer process for next-generation high-bandwidth-memory base dies. If adopted, the arrangement could expand TSMC’s role in AI-chip manufacturing beyond traditional wafer production. Nvidia Wants Top Memory Makers to Use TSMC for Next-Gen HBM Base Dies
• Positive Sentiment: Industry forecasts call for rapid growth in FinFET, 3D-chip and wafer-foundry markets as AI, high-performance computing and data centers require faster, denser and more energy-efficient silicon. TSMC is positioned as a leading beneficiary alongside Nvidia, Samsung and other chip companies. FinFET Technology Global Strategic Business Report
• Neutral Sentiment: Analysts and market commentators view TSM’s recent pullback from its October high as a potential buying opportunity, with Zacks upgrading the stock to Rank #1, or Strong Buy. However, the shares still trade at a sizable valuation after a substantial rally.
• Negative Sentiment: Near-term gross-margin pressure is expected from the 2-nanometer ramp and overseas-fab expansion. TSMC also faced broader semiconductor selling as investors questioned AI valuations and unwound the crowded chip trade, creating volatility despite robust underlying demand. TSMC Gets Sold on AI Fears Four Days After Calling Demand Extremely Robust

Insider Activity at Taiwan Semiconductor Manufacturing

In other news, VP Bor-Zen Tien purchased 1,000 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was acquired at an average cost of $73.06 per share, for a total transaction of $73,060.00. Following the completion of the transaction, the vice president directly owned 14,051 shares in the company, valued at $1,026,566.06. This trade represents a 7.66% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Lipen Yuan purchased 1,000 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was purchased at an average price of $74.50 per share, with a total value of $74,500.00. Following the completion of the transaction, the vice president owned 6,000 shares of the company’s stock, valued at approximately $447,000. This trade represents a 20.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 8,043 shares of company stock worth $598,956 in the last ninety days. Insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing 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.