Trajan Wealth LLC Purchases 6,959 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Trajan Wealth LLC lifted its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 2.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 308,505 shares of the semiconductor company’s stock after purchasing an additional 6,959 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 3.9% of Trajan Wealth LLC’s investment portfolio, making the stock its 6th largest position. Trajan Wealth LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $93,752,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of TSM. Fisher Asset Management LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 1.0% during the 3rd quarter. Fisher Asset Management LLC now owns 17,833,127 shares of the semiconductor company’s stock worth $4,980,614,000 after buying an additional 168,171 shares during the period. Bank of America Corp DE lifted its position in shares of Taiwan Semiconductor Manufacturing by 0.9% during the 3rd quarter. Bank of America Corp DE now owns 14,935,893 shares of the semiconductor company’s stock worth $4,171,445,000 after buying an additional 130,173 shares during the period. Jennison Associates LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 6.4% during the 4th quarter. Jennison Associates LLC now owns 13,394,299 shares of the semiconductor company’s stock worth $4,070,393,000 after buying an additional 802,757 shares during the period. Alliancebernstein L.P. lifted its position in shares of Taiwan Semiconductor Manufacturing by 2.2% during the 3rd quarter. Alliancebernstein L.P. now owns 10,687,037 shares of the semiconductor company’s stock worth $2,984,783,000 after buying an additional 229,237 shares during the period. Finally, WCM Investment Management LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 0.3% during the 3rd quarter. WCM Investment Management LLC now owns 10,090,519 shares of the semiconductor company’s stock worth $2,757,033,000 after buying an additional 31,860 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Up 2.3%

Shares of TSM opened at $401.82 on Thursday. The company has a market cap of $2.08 trillion, a price-to-earnings ratio of 33.43, a PEG ratio of 1.15 and a beta of 1.39. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $190.03 and a 52-week high of $421.97. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.32 and a current ratio of 2.49. The stock has a fifty day moving average price of $368.37 and a two-hundred day moving average price of $337.04.

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 company had revenue of $30.65 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 36.81% and a net margin of 46.97%. Analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.28 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Wednesday, September 16th will be given a dividend of $1.1136 per share. The ex-dividend date is Wednesday, September 16th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. This represents a $4.45 dividend on an annualized basis and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 24.71%.

Insiders Place Their Bets

In related news, VP Bor-Zen Tien acquired 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was acquired at an average cost of $69.91 per share, with a total value of $139,820.00. Following the completion of the purchase, the vice president directly owned 11,051 shares in the company, valued at approximately $772,575.41. This trade represents a 22.10% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Tzu-Sou Chuang sold 200,000 shares of Taiwan Semiconductor Manufacturing 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 sale, the vice president directly owned 2,495,165 shares of the company’s stock, valued at approximately $174,237,371.95. This trade represents a 7.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have bought 3,346 shares of company stock valued at $218,005. 1.11% of the stock is currently owned by corporate insiders.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC said the global semiconductor market could exceed $1.5 trillion by 2030, reinforcing a strong long-term demand outlook for its foundry and advanced packaging businesses.
• Positive Sentiment: AMD announced production ramp of its next-generation EPYC “Venice” CPU on TSMC’s 2nm process, a sign that major customers are already lining up for TSMC’s most advanced nodes. AMD Announces Production Ramp of Next-Generation AMD EPYC Processor “Venice” on TSMC 2nm Process Technology
• Positive Sentiment: BofA reiterated a Buy rating after TSMC’s technology symposium, highlighting continued confidence in the company’s chipmaking and packaging leadership. BofA Reiterates Buy on Taiwan Semiconductor (TSM) After Tech Symposium
• Positive Sentiment: Analysts and investors remain broadly upbeat, with higher earnings estimates and commentary that TSMC still has upside as a key AI infrastructure beneficiary.
• Neutral Sentiment: Tokyo Electron’s Taiwan unit said it will not appeal the ruling in the TSMC trade secrets case, which keeps the legal issue in the background but does not appear to change TSMC’s near-term fundamentals. Tokyo Electron’s Taiwan unit says it will not appeal ruling in TSMC trade secrets case
• Negative Sentiment: Reuters reported Taiwan may restrict how often foreign investors can switch currency choices for TSMC’s U.S.-dollar dividends, a policy change that could add friction for income-focused shareholders. Taiwan may limit currency switching for TSMC dollar dividends to once a year, sources say
• Negative Sentiment: Headline pressure also came from insider selling: vice president Tzu-Sou Chuang sold 200,000 shares, which can weigh on sentiment even though another executive bought shares around the same time.

Analyst Ratings Changes

TSM has been the subject of several analyst reports. Wedbush restated an “outperform” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, February 11th. Barclays raised their target price on Taiwan Semiconductor Manufacturing from $450.00 to $470.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Sunday, March 22nd. Dbs Bank upgraded Taiwan Semiconductor Manufacturing to a “moderate buy” rating in a research report on Friday, January 23rd. Finally, DA Davidson reiterated a “buy” rating and issued a $450.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 17th. Two equities research 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 company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $404.29.

Taiwan Semiconductor Manufacturing Company 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.