Climber Capital SA bought a new position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,269 shares of the semiconductor company's stock, valued at approximately $981,000.

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A number of other institutional investors have also recently modified their holdings of TSM. Tiger Global Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 49.4% in 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 purchasing an additional 1,839,600 shares during the last quarter. Fundsmith LLP bought a new position in Taiwan Semiconductor Manufacturing in the 2nd quarter worth about $548,465,000. Assenagon Asset Management S.A. bought a new position in Taiwan Semiconductor Manufacturing in the 2nd quarter worth about $490,461,000. Perseverance Asset Management International grew its position in Taiwan Semiconductor Manufacturing by 1,453.9% during the 1st quarter. Perseverance Asset Management International now owns 446,505 shares of the semiconductor company's stock valued at $150,896,000 after purchasing an additional 417,771 shares during the last quarter. Finally, DJE Kapital AG purchased a new stake in Taiwan Semiconductor Manufacturing during the 1st quarter valued at about $118,389,000. 16.51% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Bor-Zen Tien bought 1,000 shares of the stock in a transaction 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 purchase, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lipen Yuan purchased 1,000 shares of the company's stock in a transaction dated Tuesday, August 18th. The shares were bought at an average cost of $74.50 per share, for a total transaction of $74,500.00. Following the acquisition, the vice president owned 6,000 shares in the company, valued at approximately $447,000. The trade was a 20.00% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 8,043 shares of company stock worth $598,956 in the last 90 days. Company insiders own 1.11% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

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Shares of NYSE:TSM traded up $6.76 during midday trading on Tuesday, reaching $426.98. 6,465,498 shares of the company's stock traded hands, compared to its average volume of 13,061,418. The company has a market cap of $2.21 trillion, a price-to-earnings ratio of 27.44, a P/E/G ratio of 0.85 and a beta of 1.37. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $266.82 and a one year high of $487.47. The stock has a 50 day moving average of $434.73 and a 200 day moving average of $418.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings data on Tuesday, September 8th. The semiconductor company reported $4.62 EPS for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The company had revenue of $46.87 billion for the quarter. As a group, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.90 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

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The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be given a $1.0854 dividend. This is a negative change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $4.34 dividend on an annualized basis and a yield of 1.0%. Taiwan Semiconductor Manufacturing's payout ratio is presently 22.27%.

Taiwan Semiconductor Manufacturing News Summary

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

• Positive Sentiment: TSMC’s latest results showed record profitability, a 69% increase in profit and high-performance computing contributing approximately 68% of quarterly revenue. Management also raised its outlook, reinforcing expectations that AI and data-center demand will remain strong. The Most Important Number in Taiwan Semiconductor's Earnings Report Was 68%
• Positive Sentiment: Demand continues to exceed available supply, while TSMC is investing billions of dollars to expand production in the United States. The spending could increase capacity and strengthen relationships with major AI and data-center customers. A $4 Billion Reason to Buy TSMC Stock Now
• Positive Sentiment: Nvidia is reportedly encouraging Samsung, Micron and SK Hynix to use TSMC’s 3-nanometer process for next-generation high-bandwidth-memory base dies. If adopted, the arrangement could expand TSMC’s role in AI-chip manufacturing beyond traditional wafer production. Nvidia Wants Top Memory Makers to Use TSMC for Next-Gen HBM Base Dies
• Positive Sentiment: Industry forecasts call for rapid growth in FinFET, 3D-chip and wafer-foundry markets as AI, high-performance computing and data centers require faster, denser and more energy-efficient silicon. TSMC is positioned as a leading beneficiary alongside Nvidia, Samsung and other chip companies. FinFET Technology Global Strategic Business Report
• Neutral Sentiment: Analysts and market commentators view TSM’s recent pullback from its October high as a potential buying opportunity, with Zacks upgrading the stock to Rank #1, or Strong Buy. However, the shares still trade at a sizable valuation after a substantial rally.
• Negative Sentiment: Near-term gross-margin pressure is expected from the 2-nanometer ramp and overseas-fab expansion. TSMC also faced broader semiconductor selling as investors questioned AI valuations and unwound the crowded chip trade, creating volatility despite robust underlying demand. TSMC Gets Sold on AI Fears Four Days After Calling Demand Extremely Robust

Wall Street Analyst Weigh In

A number of research firms have weighed in on TSM. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 7th. Wall Street Zen downgraded shares of Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. Susquehanna upped their target price on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a "positive" rating in a research note on Thursday, July 16th. Weiss Ratings cut shares of Taiwan Semiconductor Manufacturing from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, October 6th. Finally, DA Davidson reiterated a "buy" rating and set a $500.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $528.78.

Get Our Latest Stock Analysis on TSM

Taiwan Semiconductor Manufacturing Company Profile

(Free Report)

Taiwan Semiconductor Manufacturing Company Limited NYSE: TSM, commonly known as TSMC, is a dedicated semiconductor foundry headquartered in Hsinchu, Taiwan. The company manufactures integrated circuits for customers that design their own chips, allowing semiconductor, electronics, and technology companies to outsource production rather than operate their own fabrication facilities.

TSMC provides wafer fabrication services across a broad range of process technologies, including advanced nodes used in high-performance computing, smartphones, automotive systems, and artificial intelligence applications.

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