Taiwan Semiconductor Manufacturing Company Ltd. $TSM Position Boosted by Artemis Investment Management LLP

Artemis Investment Management LLP lifted its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 8.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 92,112 shares of the semiconductor company’s stock after buying an additional 7,235 shares during the quarter. Artemis Investment Management LLP’s holdings in Taiwan Semiconductor Manufacturing were worth $42,021,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Janus Henderson Group PLC grew its position in shares of Taiwan Semiconductor Manufacturing by 7.7% during the fourth quarter. Janus Henderson Group PLC now owns 8,291,884 shares of the semiconductor company’s stock worth $2,497,638,000 after purchasing an additional 594,780 shares in the last quarter. Tiger Global Management LLC boosted its stake in Taiwan Semiconductor Manufacturing by 49.4% during the first quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company’s stock valued at $1,880,717,000 after buying an additional 1,839,600 shares during the last quarter. Invesco Ltd. raised 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 in the last quarter. Sei Investments Co. increased its position in Taiwan Semiconductor Manufacturing by 11.8% in the first quarter. Sei Investments Co. now owns 2,591,510 shares of the semiconductor company’s stock worth $875,802,000 after purchasing an additional 274,389 shares during the last quarter. Finally, Deutsche Bank AG increased its holdings in shares of Taiwan Semiconductor Manufacturing by 94.3% in the 4th quarter. Deutsche Bank AG now owns 2,264,367 shares of the semiconductor company’s stock worth $688,118,000 after buying an additional 1,098,727 shares during the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan bought 350 shares of Taiwan Semiconductor Manufacturing stock in a transaction that occurred on Tuesday, August 18th. The stock was purchased at an average price of $73.58 per share, with a total value of $25,753.00. Following the completion of the acquisition, the vice president directly owned 2,000 shares in the company, valued at approximately $147,160. This trade represents a 21.21% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Shyue-Shyh Lin bought 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 21st. The shares were acquired at an average price of $74.13 per share, with a total value of $74,130.00. Following the completion of the transaction, the vice president directly owned 30,269 shares of the company’s stock, valued at $2,243,840.97. This trade represents a 3.42% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought a total of 16,043 shares of company stock worth $1,185,746 over the last quarter. Insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Down 3.5%

Shares of TSM traded down $16.36 during midday trading on Thursday, hitting $455.84. 4,922,471 shares of the company’s stock traded hands, compared to its average volume of 13,039,029. The company has a current ratio of 2.46, a quick ratio of 2.25 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $2.36 trillion, a price-to-earnings ratio of 33.01, a price-to-earnings-growth ratio of 1.07 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 firm’s fifty day moving average is $431.08 and its 200-day moving average is $412.62.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 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 firm had revenue of $39.89 billion for the quarter. As a group, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be issued a $1.0854 dividend. This is a drop from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. This represents a $4.34 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 24.96%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on TSM shares. Zacks Research raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Wall Street Zen downgraded Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Stifel Nicolaus began 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 on the stock. Weiss Ratings downgraded Taiwan Semiconductor Manufacturing from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Finally, Barclays increased their price objective on shares of Taiwan Semiconductor Manufacturing from $650.00 to $665.00 and gave the company an “overweight” rating in a research note on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $524.89.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Record quarterly revenue reinforces AI demand. TSMC reported third-quarter revenue of approximately NT$1.49 trillion ($46.7 billion), up about 50% year over year and above market expectations. September revenue rose 54.6% to NT$511.86 billion, extending a streak of strong monthly results. The figures point to robust demand for advanced chips used by Nvidia, AMD and other AI customers. TSMC’s third-quarter revenue surges to record, beating market forecast
• Positive Sentiment: Industry developments support TSMC’s advanced-packaging ecosystem. GlobalFoundries announced a multiyear, $2 billion agreement to supply silicon interposers for TSMC’s CoWoS packaging technology in the United States. The deal, with production expected to ramp in 2028, suggests sustained long-term demand for AI and high-performance-computing infrastructure. GlobalFoundries shares rise on $2 billion TSMC agreement
• Positive Sentiment: Insider purchases provide a modest confidence signal. TSMC’s CEO, CFO, COO and multiple senior executives disclosed small open-market purchases. While the dollar amounts are limited relative to the company’s market capitalization, the broad participation is directionally supportive. Taiwan Semiconductor Manufacturing CEO purchases stock
• Neutral Sentiment: Investors are awaiting additional guidance. The revenue beat improves expectations for TSMC’s upcoming earnings discussion, particularly regarding capital spending, 2-nanometer production and the durability of AI demand. However, the market may need further guidance before extending the rally.
• Negative Sentiment: Risk-off market conditions overwhelmed the favorable company news. Broader equities weakened as oil prices and Treasury yields rose, pressuring high-valuation technology stocks. TSMC’s elevated valuation and proximity to its 52-week high may also have encouraged profit-taking after the strong run.
• Negative Sentiment: TSMC was ruled out of operating Elon Musk’s planned Terafab facility. Musk said Tesla and SpaceX will build and operate the Texas project independently, limiting a potential new U.S. manufacturing opportunity for TSMC. The announcement is a relatively small factor compared with TSMC’s core AI business. TSM Stock Falls After Musk Says TSMC Won’t Run Terafab

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.