Ninety One UK Ltd Has $583.46 Million Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Ninety One UK Ltd increased its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 4.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,089,096 shares of the semiconductor company’s stock after acquiring an additional 83,329 shares during the quarter. Taiwan Semiconductor Manufacturing comprises about 1.3% of Ninety One UK Ltd’s investment portfolio, making the stock its 22nd biggest position. Ninety One UK Ltd’s holdings in Taiwan Semiconductor Manufacturing were worth $583,464,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TSM. 1248 Management LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth about $28,000. Heartwood Wealth Advisors LLC bought a new position in Taiwan Semiconductor Manufacturing in the 3rd quarter worth approximately $32,000. Resources Management Corp CT ADV acquired a new position in shares of Taiwan Semiconductor Manufacturing during the second quarter worth approximately $32,000. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Taiwan Semiconductor Manufacturing during the second quarter worth approximately $33,000. Finally, First Command Advisory Services Inc. boosted its position in shares of Taiwan Semiconductor Manufacturing by 174.1% in the second quarter. First Command Advisory Services Inc. now owns 159 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 101 shares during the period. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

NYSE:TSM opened at $303.77 on Thursday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.69. The company has a 50-day moving average of $292.79 and a 200-day moving average of $264.93. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $134.25 and a 52 week high of $313.98. The company has a market capitalization of $1.57 trillion, a price-to-earnings ratio of 31.16, a PEG ratio of 1.03 and a beta of 1.31.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Friday, November 14th. The semiconductor company reported $14.32 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 43.72% and a return on equity of 34.34%. As a group, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Tuesday, March 17th will be given a dividend of $0.9678 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.83. The ex-dividend date is Tuesday, March 17th. This represents a $3.87 annualized dividend and a dividend yield of 1.3%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 25.85%.

Key Stores Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: U.S. granted TSMC an annual license to bring chipmaking equipment into its Nanjing, China fab — removes a near?term regulatory overhang and preserves China production capacity. US grants annual approval to TSMC for chipmaking tool exports to China
• Positive Sentiment: NVIDIA has asked TSMC to ramp production of H200 AI chips to meet surging Chinese demand — implies higher near?term utilization and revenue for TSMC. Exclusive: Nvidia sounds out TSMC on new H200 chip order
• Positive Sentiment: TSMC announced progress/mass production milestones on its 2nm node — strengthens its technological moat and long?term margin outlook as AI and high?performance chips migrate to leading nodes. TSMC Stock (TSM) Rallies on Mass Production of 2nm Chips
• Neutral Sentiment: Multiple analyst and media pieces highlight TSMC as a core AI beneficiary and a long?term buy — supports investor sentiment but is secondary to concrete order and production news. Could This Be the Best Artificial Intelligence (AI) Stock to Buy in January?
• Negative Sentiment: NVIDIA’s strategic arrangement with Intel for packaging capacity (and broader moves to lock supply via deals) could blunt TSMC’s advantage from packaging bottlenecks and reduce future pricing leverage. This is a potential medium?term headwind. Sleeping With the Enemy: Inside the NVIDIA-Intel Deal

Analyst Ratings Changes

TSM has been the subject of several research analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Monday. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Sunday, December 14th. Needham & Company LLC reaffirmed a “buy” rating and set a $360.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, October 27th. Barclays increased their target price on shares of Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the company an “overweight” rating in a research note on Friday, October 17th. Finally, Citigroup restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 17th. Seven investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Taiwan Semiconductor Manufacturing has an average rating of “Buy” and an average price target of $355.00.

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.