Eleva Capital SAS Raises Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Eleva Capital SAS boosted its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 31.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 28,092 shares of the semiconductor company’s stock after purchasing an additional 6,681 shares during the period. Taiwan Semiconductor Manufacturing comprises 10.7% of Eleva Capital SAS’s holdings, making the stock its 2nd largest position. Eleva Capital SAS’s holdings in Taiwan Semiconductor Manufacturing were worth $12,815,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Janus Henderson Group PLC raised its stake in Taiwan Semiconductor Manufacturing by 7.7% in the fourth quarter. Janus Henderson Group PLC now owns 8,291,884 shares of the semiconductor company’s stock valued at $2,497,638,000 after buying an additional 594,780 shares during the period. Franklin Resources Inc. boosted its stake in shares of Taiwan Semiconductor Manufacturing by 8.8% during the 4th quarter. Franklin Resources Inc. now owns 7,513,453 shares of the semiconductor company’s stock worth $2,283,263,000 after acquiring an additional 605,256 shares during the period. Tiger Global Management LLC increased its holdings 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 worth $1,880,717,000 after acquiring an additional 1,839,600 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 1.1% during the 4th quarter. Invesco Ltd. now owns 3,721,823 shares of the semiconductor company’s stock worth $1,131,025,000 after acquiring an additional 40,842 shares during the last quarter. Finally, Sei Investments Co. raised its stake in Taiwan Semiconductor Manufacturing by 11.8% in the 1st quarter. Sei Investments Co. now owns 2,591,510 shares of the semiconductor company’s stock valued at $875,802,000 after acquiring an additional 274,389 shares during the period. Institutional investors own 16.51% of the company’s stock.

Insider Activity

In other news, VP Bor-Zen Tien purchased 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction that occurred on Monday, August 3rd. The shares were acquired at an average price of $73.06 per share, for a total transaction of $73,060.00. Following the transaction, the vice president owned 14,051 shares of the company’s stock, valued at approximately $1,026,566.06. The trade was a 7.66% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, VP Shyue-Shyh Lin acquired 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 21st. The stock was purchased at an average cost of $74.13 per share, for a total transaction of $74,130.00. Following the completion of the purchase, the vice president directly owned 30,269 shares of the company’s stock, valued at $2,243,840.97. The trade was a 3.42% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders purchased 14,559 shares of company stock worth $1,067,931. 1.11% of the stock is currently owned by company insiders.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

Taiwan Semiconductor Manufacturing Stock Performance

Taiwan Semiconductor Manufacturing stock traded down $2.22 during midday trading on Tuesday, hitting $483.58. The company’s stock had a trading volume of 4,649,433 shares, compared to its average volume of 13,095,138. 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 company has a market cap of $2.51 trillion, a price-to-earnings ratio of 34.89, a PEG ratio of 1.05 and a beta of 1.37. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $266.82 and a 1-year high of $487.47. The company has a 50-day moving average price of $427.31 and a two-hundred day moving average price of $410.67.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 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 $39.89 billion for the quarter. As a group, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 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. Shareholders of record on Thursday, December 10th will be issued a $1.0854 dividend. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $4.34 annualized dividend and a yield of 0.9%. This is a drop from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing’s payout ratio is presently 24.75%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Needham & Company LLC lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Citigroup restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, July 6th. Sanford C. Bernstein lifted their target price 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. TD Cowen upped their price target on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a research note on Friday, July 17th. Finally, Wall Street Zen downgraded shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $524.89.

About Taiwan Semiconductor Manufacturing

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.