Whalen Wealth Management Inc. bought a new stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,149 shares of the semiconductor company's stock, valued at approximately $524,000.

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A number of other large investors also recently bought and sold shares of the business. City Center Advisors LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 24.1% during the third quarter. City Center Advisors LLC now owns 566 shares of the semiconductor company's stock valued at $258,000 after purchasing an additional 110 shares in the last quarter. Venture Visionary Partners LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 34.1% during the third quarter. Venture Visionary Partners LLC now owns 10,775 shares of the semiconductor company's stock worth $4,915,000 after purchasing an additional 2,739 shares in the last quarter. Retirement Wealth Solutions LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 2,050.0% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 129 shares of the semiconductor company's stock worth $59,000 after purchasing an additional 123 shares during the last quarter. Cox Capital Mgt LLC lifted its stake in Taiwan Semiconductor Manufacturing by 0.4% in the 3rd quarter. Cox Capital Mgt LLC now owns 10,098 shares of the semiconductor company's stock valued at $4,607,000 after buying an additional 38 shares in the last quarter. Finally, Cooper Financial Group lifted its stake in Taiwan Semiconductor Manufacturing by 0.3% in the 3rd quarter. Cooper Financial Group now owns 6,313 shares of the semiconductor company's stock valued at $2,880,000 after buying an additional 22 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 other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan purchased 1,000 shares of the firm's stock in a transaction dated Tuesday, August 18th. The shares were acquired at an average price of $74.50 per share, with a total value of $74,500.00. Following the purchase, the vice president directly owned 6,000 shares in the company, valued at approximately $447,000. This trade represents a 20.00% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Bor-Zen Tien purchased 3,000 shares of the stock in a transaction dated Tuesday, July 21st. The shares were acquired at an average price of $74.39 per share, with a total value of $223,170.00. Following the completion of the acquisition, the vice president owned 4,000 shares in the company, valued at approximately $297,560. This trade represents a 300.00% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have acquired 16,043 shares of company stock worth $1,185,746. Insiders own 1.11% of the company's stock.

Analysts Set New Price Targets

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A number of equities analysts have commented on the company. Stifel Nicolaus initiated coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, September 1st. They set a "buy" rating and a $515.00 target price for the company. Weiss Ratings cut Taiwan Semiconductor Manufacturing from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday. Barclays increased their price objective on Taiwan Semiconductor Manufacturing from $650.00 to $665.00 and gave the company an "overweight" rating in a research note on Tuesday. Sanford C. Bernstein lifted their target price on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 11th. Finally, 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 report on Thursday, July 16th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing presently has an average rating of "Buy" and an average target price of $524.89.

View Our Latest Stock Analysis on TSM

Taiwan Semiconductor Manufacturing News Roundup

• Bottlenecking the Future: TSMC Prices Out the Competition

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

• Positive Sentiment: TSMC reported record third-quarter revenue of NT$1.49 trillion ($46.71 billion), up approximately 50% year over year and above the NT$1.46 trillion analyst consensus. The result reinforces that demand for advanced chips used in artificial intelligence and high-performance computing remains exceptionally strong. TSMC's third-quarter revenue surges to record, beating market forecast
• Positive Sentiment: September revenue rose 54.6% year over year to NT$511.86 billion, helping produce a record quarter and exceeding expectations. Investors will now look to TSMC’s upcoming earnings outlook for guidance on AI demand, margins and capital spending. TSMC September sales hit another record as AI boom rolls on
• Positive Sentiment: GlobalFoundries agreed to a multiyear, $2 billion deal to supply silicon interposers for TSMC’s CoWoS advanced-packaging ecosystem. The partnership should help expand packaging capacity for AI systems and strengthen TSMC’s U.S. supply chain, although production at GlobalFoundries’ New York facility is not expected to ramp until the first half of 2028. GlobalFoundries Signs $2 Billion Silicon Supply Deal With Taiwan Semiconductor Manufacturing
• Positive Sentiment: Multiple TSMC executives, including CEO C.C. Wei, reported small open-market stock purchases. The transactions offer a modest confidence signal, though their relatively small dollar values limit their immediate impact. Taiwan Semiconductor Manufacturing CEO Purchases 144 Shares of Stock
• Neutral Sentiment: Industry observers say TSMC may need as much as $64 billion in annual capital spending and still may not be building enough capacity to satisfy AI-chip demand. This supports long-term growth but highlights substantial execution, depreciation and capacity-expansion risks. TSMC Plans Up to $64 Billion in Capex
• Negative Sentiment: TSMC’s strong sales were not enough to overcome profit-taking and a risk-off market backdrop, including rising oil prices and Treasury yields. The stock is also trading near its 12-month high, leaving little room for an earnings beat that merely meets already-bullish expectations.
• Negative Sentiment: Elon Musk said Tesla and SpaceX will build and operate the planned Terafab independently, rather than having TSMC run the facility. That removes a potential new manufacturing opportunity for TSMC, although TSMC could still potentially sublease part of the site. Elon Musk Rules Out Potential TSMC Role in Terafab Operations

Taiwan Semiconductor Manufacturing Trading Down 3.5%

Shares of TSM traded down $16.29 during mid-day trading on Thursday, reaching $455.91. The stock had a trading volume of 5,632,860 shares, compared to its average volume of 13,043,141. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $266.82 and a 52-week high of $487.47. The firm has a market cap of $2.36 trillion, a price-to-earnings ratio of 32.85, a P/E/G ratio of 1.07 and a beta of 1.37. The business's fifty day moving average is $431.08 and its 200 day moving average is $412.62. 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 (NYSE:TSM - Get Free Report) last issued its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. The company had revenue of $39.89 billion for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. On average, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

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

Taiwan Semiconductor Manufacturing Profile

(Free Report)

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.

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