1,645 Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Acquired by Virtus Advisers LLC

Virtus Advisers LLC grew its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 112.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,110 shares of the semiconductor company’s stock after purchasing an additional 1,645 shares during the quarter. Virtus Advisers LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,419,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of TSM. Pensioenfonds Rail & OV acquired a new position in shares of Taiwan Semiconductor Manufacturing during the third quarter valued at approximately $5,794,000. IFG Advisory LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 9.8% in the third quarter. IFG Advisory LLC now owns 12,591 shares of the semiconductor company’s stock valued at $5,744,000 after acquiring an additional 1,122 shares in the last quarter. Trillium Asset Management LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 0.7% in the third quarter. Trillium Asset Management LLC now owns 153,537 shares of the semiconductor company’s stock valued at $70,043,000 after acquiring an additional 1,038 shares in the last quarter. Avise Financial Cooperative Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing by 5.6% in the third quarter. Avise Financial Cooperative Inc. now owns 2,337 shares of the semiconductor company’s stock valued at $1,066,000 after acquiring an additional 124 shares in the last quarter. Finally, Optas LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 4.2% in the third quarter. Optas LLC now owns 2,283 shares of the semiconductor company’s stock valued at $1,041,000 after acquiring an additional 92 shares in the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Insider Activity at Taiwan Semiconductor Manufacturing

In related news, VP Lipen Yuan acquired 1,000 shares of the stock in a transaction on Sunday, November 1st. The shares were bought at an average price of $71.49 per share, with a total value of $71,490.00. Following the completion of the purchase, the vice president owned 8,000 shares of the company’s stock, valued at approximately $571,920. This represents a 14.29% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael R. Splinter acquired 840 shares of the stock in a transaction on Thursday, November 5th. The shares were bought at an average cost of $357.00 per share, for a total transaction of $299,880.00. Following the purchase, the director directly owned 8,405 shares of the company’s stock, valued at $3,000,585. The trade was a 11.10% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders purchased 7,869 shares of company stock valued at $823,771. Insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

NYSE TSM traded down $5.99 during trading hours on Friday, hitting $399.50. 10,704,547 shares of the company’s stock traded hands, compared to its average volume of 14,768,286. The company has a market capitalization of $2.07 trillion, a PE ratio of 25.71, a PEG ratio of 0.81 and a beta of 1.44. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.46 and a quick ratio of 2.25. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $266.82 and a 52-week high of $487.47. The firm’s 50-day moving average is $430.12 and its 200-day moving average is $402.49.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share for the quarter, topping analysts’ consensus estimates of $4.45 by $0.15. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. The business had revenue of $46.72 billion for the quarter, compared to analyst estimates of $45.67 billion. During the same period last year, the company posted $2.92 EPS. The business’s revenue was up 41.2% on a year-over-year basis. Equities analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.36 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 8th. Stockholders of record on Thursday, March 11th will be given a $1.3663 dividend. This represents a $5.47 dividend on an annualized basis and a dividend yield of 1.4%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.0854. The ex-dividend date is Thursday, March 11th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 22.07%.

Key Stories Impacting Taiwan Semiconductor Manufacturing

These are some of the TSM stories that stood out recently:

• Positive Sentiment: The company announced an approximately 41% year-over-year increase in its quarterly dividend to about $1.37 per ADS, a positive signal for shareholder returns, though the higher payout is not expected to be reflected immediately in distributions. TSMC dividend information
• Neutral Sentiment: NVIDIA’s leadership shake-up is adding uncertainty across chip stocks. TSMC may benefit from serving multiple chip designers, but tighter export controls could create broader industry headwinds. NVIDIA’s November 17 earnings report is a near-term test of AI-chip demand. Article: Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
• Negative Sentiment: TSMC confirmed that current and former employees’ personal data was exposed through a cloud provider. Reports say hackers are demanding 3 bitcoin over about 46,000 records, raising cybersecurity and reputational concerns. Article: TSMC Confirms Employee Data Leak Through Cloud Provider

Analyst Ratings Changes

A number of analysts have recently issued reports on TSM shares. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Needham & Company LLC increased their price objective on Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the company a “buy” rating in a research note on Thursday, October 15th. Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 7th. DA Davidson restated a “buy” rating and issued a $500.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 16th. Finally, Stifel Nicolaus began coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, September 1st. They set a “buy” rating and a $515.00 target price on the stock. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $533.89.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company (TSMC) is a semiconductor foundry that manufactures chips designed by other companies. It provides wafer fabrication and related services, including advanced packaging, serving customers across industries such as computing, communications, automotive and consumer electronics. Founded in 1987 and headquartered in Hsinchu, Taiwan, TSMC helped establish the dedicated foundry model, in which a manufacturer focuses on producing semiconductors for customers rather than selling its own chip designs.