Stableford Capital II LLC Buys Shares of 2,568 Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Stableford Capital II LLC bought a new position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 2,568 shares of the semiconductor company’s stock, valued at approximately $1,226,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Cedar Mountain Advisors LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 88.2% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 64 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 30 shares during the last quarter. Quattro Advisors LLC bought a new position in Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new position in Taiwan Semiconductor Manufacturing in the 4th quarter valued at approximately $27,000. Evolution Wealth Management Inc. boosted its position in Taiwan Semiconductor Manufacturing by 257.7% in the first quarter. Evolution Wealth Management Inc. now owns 93 shares of the semiconductor company’s stock valued at $31,000 after buying an additional 67 shares in the last quarter. Finally, Strategic Advocates LLC boosted its position in Taiwan Semiconductor Manufacturing by 62.1% in the fourth quarter. Strategic Advocates LLC now owns 94 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 36 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Record demand for AI and advanced chips is keeping TSM in focus. Its dominant foundry position and ability to manufacture leading-edge processors make it a key supplier for the continuing AI infrastructure buildout. Taiwan Semiconductor in Focus as Chip Demand Hits Records
• Positive Sentiment: Fundsmith’s investor commentary highlights TSM’s technological lead, reinforcing the investment case that its manufacturing capabilities and scale are difficult for rivals to replicate. TSM’s Technological Lead in Semiconductors
• Positive Sentiment: Analysts continue to view TSM’s roughly $100 billion Arizona investment as a long-term growth opportunity. Expanding U.S. production could improve customer access and diversify manufacturing, while several years of expected AI-chip growth support the company’s earnings outlook. TSM’s Arizona Investment
• Positive Sentiment: A comparison with ASML presents TSM as the more direct way to participate in AI-chip production because of its dominant foundry market share, although both companies benefit from semiconductor investment. ASML vs. TSMC

Insider Buying and Selling

In related news, VP Bor-Zen Tien purchased 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Tuesday, July 28th. The shares were purchased at an average price of $67.97 per share, for a total transaction of $67,970.00. Following the transaction, the vice president owned 5,000 shares of the company’s stock, valued at approximately $339,850. This represents a 25.00% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Tzu-Sou Chuang sold 200,000 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $69.83, for a total value of $13,966,000.00. Following the completion of the sale, the vice president directly owned 2,495,165 shares of the company’s stock, valued at approximately $174,237,371.95. The trade was a 7.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have acquired 15,857 shares of company stock valued at $1,167,094. Company insiders own 1.11% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. DA Davidson upped their price target on shares of Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 18th. Bank of America boosted their price objective on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Monday, July 6th. Finally, Susquehanna increased their target price on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a research report on Thursday, July 16th. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $496.25.

Taiwan Semiconductor Manufacturing Trading Up 0.6%

TSM opened at $406.56 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $223.70 and a fifty-two week high of $479.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.46 and a quick ratio of 2.25. The firm has a market capitalization of $2.11 trillion, a price-to-earnings ratio of 29.33, a PEG ratio of 0.93 and a beta of 1.39. The company’s 50 day moving average price is $427.19 and its two-hundred day moving average price is $385.17.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. The firm had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.37%. As a group, research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be issued a $1.1136 dividend. The ex-dividend date is Wednesday, September 16th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. This represents a $4.45 dividend on an annualized basis and a yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 21.43%.

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.