Geneva Partners LLC Purchases New Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Geneva Partners LLC purchased a new stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 14,845 shares of the semiconductor company’s stock, valued at approximately $5,017,000. Taiwan Semiconductor Manufacturing makes up about 2.4% of Geneva Partners LLC’s portfolio, making the stock its 19th largest position.

A number of other hedge funds also recently modified their holdings of TSM. Shannon River Fund Management LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $2,430,000. Capital Research Global Investors increased its holdings in Taiwan Semiconductor Manufacturing by 66.3% during the 4th quarter. Capital Research Global Investors now owns 3,215,353 shares of the semiconductor company’s stock valued at $976,821,000 after purchasing an additional 1,281,648 shares in the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. bought a new position in Taiwan Semiconductor Manufacturing in the 4th quarter valued at $961,000. Meridian Wealth Management LLC boosted its stake in Taiwan Semiconductor Manufacturing by 27.9% in the fourth quarter. Meridian Wealth Management LLC now owns 65,974 shares of the semiconductor company’s stock worth $20,049,000 after purchasing an additional 14,406 shares in the last quarter. Finally, Boyer Financial Services Inc. acquired a new position in Taiwan Semiconductor Manufacturing in the fourth quarter worth $648,000. Institutional investors own 16.51% of the company’s stock.

Analyst Upgrades and Downgrades

TSM has been the subject of a number of research analyst reports. Susquehanna lifted their price target on Taiwan Semiconductor Manufacturing from $500.00 to $575.00 and gave the company a “positive” rating in a report on Monday, June 22nd. Needham & Company LLC raised 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, April 16th. Zacks Research downgraded shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. DA Davidson reiterated a “buy” rating and set a $450.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 17th. Finally, Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Sunday, March 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $449.38.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC remains a key beneficiary of the AI buildout, with articles highlighting full utilization at its 3nm capacity, pricing power from advanced-node shortages, and continued demand from hyperscalers like Amazon, Google, and Meta. Silicon Starvation: Amazon Feasts on Legacy GPUs
• Positive Sentiment: Wall Street optimism remained intact in some coverage, including analyst upgrades and higher price targets that argued TSMC’s growth and margin profile are still strong despite recent volatility. Silicon Starvation: Amazon Feasts on Legacy GPUs
• Positive Sentiment: AI-related semiconductor spending continues to be a major tailwind, with several pieces describing record chip demand and suggesting TSMC is well positioned to capture that growth as a critical foundry in the supply chain. AI Powering Semiconductor Sales: 4 Stocks to Boost Your Portfolio
• Neutral Sentiment: One article noted TSMC received a credit upgrade, but questioned whether much of the upside is already reflected in the stock after its strong rally. Taiwan Semiconductor Manufacturing (TSM) Wins A Credit Upgrade, Is The Rally Already Priced In?
• Neutral Sentiment: Other coverage framed the recent weakness as liquidity-driven rather than fundamental, saying a margin cascade in South Korea and broader chip-sector deleveraging hit TSMC alongside other AI names. The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
• Negative Sentiment: Near-term sentiment was hurt by a broader semiconductor sell-off, with TSMC falling more sharply than the market as investors rotated out of chip stocks. TSMC (TSM) Falls More Steeply Than Broader Market: What Investors Need to Know
• Negative Sentiment: Goldman Sachs reportedly turned cautious on TSMC, adding pressure to the stock amid valuation concerns after its strong run. Goldman Sachs turns its back on major semiconductor stock Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Stock Performance

Taiwan Semiconductor Manufacturing stock opened at $432.05 on Wednesday. The company has a market cap of $2.24 trillion, a PE ratio of 35.94, a PEG ratio of 1.14 and a beta of 1.36. The company has a current ratio of 2.49, a quick ratio of 2.31 and a debt-to-equity ratio of 0.16. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $223.70 and a 1 year high of $479.00. The company’s 50-day moving average is $423.77 and its two-hundred day moving average is $371.35.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Wednesday, April 15th. The semiconductor company reported $3.49 earnings per share for the quarter, topping analysts’ consensus estimates of $3.31 by $0.18. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 36.81%. The business had revenue of $35.49 billion during the quarter, compared to the consensus estimate of $35.47 billion. During the same period in the previous year, the firm posted $2.12 earnings per share. Taiwan Semiconductor Manufacturing’s revenue for the quarter was up 40.6% compared to the same quarter last year. Equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.35 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be given a dividend of $1.1136 per share. This represents a $4.45 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, September 16th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 25.12%.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In other news, VP Tzu-Sou Chuang sold 200,000 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total value of $13,966,000.00. Following the transaction, the vice president owned 2,495,165 shares of the company’s stock, valued at $174,237,371.95. This represents a 7.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Bor-Zen Tien purchased 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction dated Monday, June 29th. The stock was bought at an average price of $76.64 per share, for a total transaction of $76,640.00. Following the completion of the transaction, the vice president directly owned 12,051 shares in the company, valued at $923,588.64. The trade was a 9.05% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders acquired 5,496 shares of company stock worth $404,567. Insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Profile

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.