Taiwan Semiconductor Manufacturing (NYSE:TSM) Receives Buy Rating from DA Davidson

DA Davidson reaffirmed their buy rating on shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) in a research note issued to investors on Friday,Benzinga reports. DA Davidson currently has a $450.00 price objective on the semiconductor company’s stock.

A number of other research analysts also recently commented on the stock. Zacks Research downgraded shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. TD Cowen boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the company a “hold” rating in a research report on Friday, January 16th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, January 5th. Needham & Company LLC boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Weiss Ratings raised shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 20th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $401.43.

Taiwan Semiconductor Manufacturing Stock Performance

Taiwan Semiconductor Manufacturing stock opened at $370.58 on Friday. The firm’s 50 day simple moving average is $354.78 and its 200-day simple moving average is $321.67. The company has a market cap of $1.92 trillion, a P/E ratio of 30.83, a price-to-earnings-growth ratio of 1.11 and a beta of 1.35. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.62 and a quick ratio of 2.42. Taiwan Semiconductor Manufacturing has a fifty-two week low of $145.84 and a fifty-two week high of $390.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share for the quarter. The business had revenue of $30.65 billion for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 37.92%. As a group, equities research analysts predict that Taiwan Semiconductor Manufacturing will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 11th will be given a dividend of $0.9503 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $3.80 dividend on an annualized basis and a yield of 1.0%. Taiwan Semiconductor Manufacturing’s payout ratio is presently 27.89%.

Insider Transactions at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien bought 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Sunday, March 22nd. The stock was purchased at an average cost of $55.93 per share, for a total transaction of $55,930.00. Following the completion of the purchase, the vice president directly owned 9,051 shares of the company’s stock, valued at $506,222.43. The trade was a 12.42% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.11% of the stock is owned by company insiders.

Institutional Trading of Taiwan Semiconductor Manufacturing

A number of institutional investors have recently added to or reduced their stakes in TSM. Van ECK Associates Corp lifted its stake in Taiwan Semiconductor Manufacturing by 11.1% in the fourth quarter. Van ECK Associates Corp now owns 17,464,962 shares of the semiconductor company’s stock valued at $5,307,428,000 after acquiring an additional 1,750,824 shares during the last quarter. Life Cycle Investment Partners Ltd acquired a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $495,163,000. T. Rowe Price Investment Management Inc. lifted its stake in Taiwan Semiconductor Manufacturing by 168.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,093,115 shares of the semiconductor company’s stock valued at $636,077,000 after acquiring an additional 1,313,917 shares during the last quarter. SurgoCap Partners LP acquired a new stake in Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $360,443,000. Finally, Capital Research Global Investors lifted its stake in Taiwan Semiconductor Manufacturing by 66.3% in the fourth quarter. Capital Research Global Investors now owns 3,215,353 shares of the semiconductor company’s stock valued at $976,821,000 after acquiring an additional 1,281,648 shares during 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: Q1 beat and raised guide — TSMC reported record Q1 profit and revenue, strong 3nm demand and raised Q2 revenue guidance, reinforcing the AI-driven revenue/margin story that underpins the rally. TSMC Q1 profit jumps 58% (Reuters)
• Positive Sentiment: Earnings details & call highlights — EPS and revenue topped estimates, management emphasized tight advanced-node capacity (N3) and continued hyperscaler demand on the earnings call. These operational details support near-term pricing power. Q1 earnings call highlights (Yahoo)
• Positive Sentiment: Analyst bullishness — Several brokerages moved targets higher (Needham to $480; DA Davidson reaffirmed buy with $450 PT), providing directional support and signaling expected upside vs. current levels. Analyst price target updates (TickerReport/Benzinga)
• Neutral Sentiment: Macro/market tailwinds — A broad market rally (energy-driven risk-on session) and tech-led gains help TSMC sentiment today, but this is external momentum rather than company-specific news. Market rally lifts tech (Yahoo)
• Neutral Sentiment: Peer comparisons — Several pieces reassess TSMC vs. peers (NVIDIA, ASML), useful for allocation decisions but not immediate catalysts for TSM’s share moves. TSMC vs NVDA comparison (Zacks)
• Negative Sentiment: Why shares didn’t gap up — Despite blowout results, some outlets note profit-taking, rich valuation and near-term concerns (geopolitical costs, capacity constraints) that have capped the rally. Those factors can limit upside until visibility on new capacity improves. Why stock isn’t moving after earnings (Invezz)
• Negative Sentiment: Competitive & capacity risk — Analysis warns rivals (Samsung, Intel) are catching up and multi-year delays in expanding capacity could push customers toward competitors, posing a medium-term risk to market share and margins. Foundry competition and capacity concerns (Seeking Alpha)

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.

TSMC’s service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.