Colton Groome Financial Advisors LLC Buys 5,397 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Colton Groome Financial Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 98.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 10,871 shares of the semiconductor company’s stock after acquiring an additional 5,397 shares during the period. Taiwan Semiconductor Manufacturing comprises about 1.2% of Colton Groome Financial Advisors LLC’s holdings, making the stock its 20th biggest position. Colton Groome Financial Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $4,959,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Brookstone Capital Management increased its holdings in Taiwan Semiconductor Manufacturing by 87.3% in the 2nd quarter. Brookstone Capital Management now owns 25,143 shares of the semiconductor company’s stock worth $12,008,000 after acquiring an additional 11,719 shares in the last quarter. Y Intercept Hong Kong Ltd grew its position in shares of Taiwan Semiconductor Manufacturing by 273.2% in the first quarter. Y Intercept Hong Kong Ltd now owns 81,189 shares of the semiconductor company’s stock valued at $27,438,000 after purchasing an additional 59,435 shares during the period. Opal Capital LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 72.5% in the first quarter. Opal Capital LLC now owns 27,767 shares of the semiconductor company’s stock valued at $9,384,000 after purchasing an additional 11,666 shares during the period. Western Wealth Management LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 27.4% during the first quarter. Western Wealth Management LLC now owns 27,954 shares of the semiconductor company’s stock worth $9,447,000 after purchasing an additional 6,013 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 306.7% during the first quarter. Elevation Point Wealth Partners LLC now owns 52,397 shares of the semiconductor company’s stock worth $17,728,000 after purchasing an additional 39,514 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Barclays raised its price target for TSM from $650 to $665 and maintained an “overweight” rating, implying substantial additional upside. Taiwan Semiconductor Manufacturing Stock Gets Price Target Bump from Barclays
• Positive Sentiment: Elon Musk confirmed early discussions with TSMC regarding Terafab, a proposed Texas chip plant intended to support Tesla, SpaceX and xAI. Although no agreement has been announced, the possibility reinforces TSMC’s strategic importance and could create a new source of demand. Musk confirms talks with TSMC over Terafab chip plant
• Positive Sentiment: Recent coverage points to record monthly sales and sustained demand from Nvidia, Apple and other leading chip designers. Investors are also looking to TSMC’s 2-nanometer ramp as a longer-term growth driver. TSMC Is Set Up for a Big October 15
• Neutral Sentiment: TSM has reached a fresh 52-week high, prompting investors to assess whether strong fundamentals can justify further gains. The October 15 earnings release, analyst estimates and options positioning are likely to influence the next move. TSMC Hits Fresh High
• Negative Sentiment: The key earnings risk is profitability: analysts expect strong revenue growth, but the stock’s reaction may depend more on management’s margin guidance as TSMC ramps costly 2nm production and expands overseas factories. Lower initial margins could pressure its premium valuation. TSMC Q3 Preview

Wall Street Analyst Weigh In

TSM has been the subject of a number of research reports. Zacks Research raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. DA Davidson raised their price target 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. TD Cowen boosted their price target on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, July 6th. Finally, Susquehanna raised their target price on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a “positive” rating in a research note on Thursday, July 16th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Buy” and a consensus target price of $524.89.

Taiwan Semiconductor Manufacturing Trading Down 0.5%

TSM traded down $2.48 during trading hours on Tuesday, reaching $483.32. The company’s stock had a trading volume of 4,649,433 shares, compared to its average volume of 13,095,138. The stock has a market cap of $2.51 trillion, a PE ratio of 34.89, a P/E/G ratio of 1.05 and a beta of 1.37. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $266.82 and a fifty-two week high of $487.47. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.46 and a quick ratio of 2.25. The business’s 50-day moving average is $427.31 and its 200-day moving average is $410.67.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. The firm had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%. As a group, equities research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be given a $1.0854 dividend. 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 dividend on an annualized basis and a yield of 0.9%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 24.75%.

Insider Transactions at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan purchased 1,000 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were bought at an average cost of $74.50 per share, for a total transaction of $74,500.00. Following the completion of the purchase, the vice president directly 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Bor-Zen Tien purchased 3,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction dated Tuesday, July 21st. The shares were acquired at an average cost of $74.39 per share, for a total transaction of $223,170.00. Following the transaction, the vice president directly owned 4,000 shares of the company’s stock, valued at approximately $297,560. This represents a 300.00% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 14,559 shares of company stock worth $1,067,931 over the last ninety days. Company insiders own 1.11% of the company’s stock.

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.