Taiwan Semiconductor Manufacturing Company Ltd. $TSM Holdings Reduced by Ritholtz Wealth Management

Ritholtz Wealth Management decreased its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 2.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 71,493 shares of the semiconductor company’s stock after selling 1,820 shares during the period. Taiwan Semiconductor Manufacturing accounts for 0.5% of Ritholtz Wealth Management’s investment portfolio, making the stock its 29th biggest position. Ritholtz Wealth Management’s holdings in Taiwan Semiconductor Manufacturing were worth $32,615,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Silver Grove Financial Group Inc. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 16.8% during the third quarter. Silver Grove Financial Group Inc. now owns 613 shares of the semiconductor company’s stock valued at $280,000 after buying an additional 88 shares during the period. Bahl & Gaynor LLC grew its stake in Taiwan Semiconductor Manufacturing by 16.4% in the 3rd quarter. Bahl & Gaynor LLC now owns 1,636,856 shares of the semiconductor company’s stock worth $746,717,000 after acquiring an additional 231,157 shares during the period. Brooklyn FI LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the 3rd quarter worth approximately $1,014,000. AMG National Trust Bank raised its holdings in Taiwan Semiconductor Manufacturing by 0.8% in the 3rd quarter. AMG National Trust Bank now owns 27,435 shares of the semiconductor company’s stock valued at $12,516,000 after acquiring an additional 229 shares during the last quarter. Finally, Moneco Advisors LLC raised its holdings in Taiwan Semiconductor Manufacturing by 2.0% in the 3rd quarter. Moneco Advisors LLC now owns 9,256 shares of the semiconductor company’s stock valued at $4,223,000 after acquiring an additional 184 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Up 4.1%

TSM stock opened at $412.74 on Thursday. The company has a market cap of $2.14 trillion, a price-to-earnings ratio of 26.56, a PEG ratio of 0.79 and a beta of 1.44. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14. The business has a fifty day simple moving average of $430.67 and a 200-day simple moving average of $401.82. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $266.82 and a 52 week high of $487.47.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share for the quarter, topping the consensus estimate of $4.45 by $0.15. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The business had revenue of $46.72 billion for the quarter, compared to analyst estimates of $45.67 billion. During the same period last year, the company posted $2.92 EPS. The business’s quarterly revenue was up 41.2% on a year-over-year basis. On average, equities research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.46 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 8th. Investors of record on Thursday, March 11th will be given a dividend of $1.3663 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.0854. The ex-dividend date of this dividend is Thursday, March 11th. This represents a $5.47 dividend on an annualized basis and a yield of 1.3%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 22.27%.

Wall Street Analysts Forecast Growth

TSM has been the topic of a number of recent analyst reports. Sanford C. Bernstein increased their price target on Taiwan Semiconductor Manufacturing from $554.00 to $600.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 4th. Needham & Company LLC lifted their price objective on Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the company a “buy” rating in a research report on Thursday, October 15th. Zacks Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 7th. Finally, Barclays increased their target price on Taiwan Semiconductor Manufacturing from $665.00 to $670.00 and gave the stock an “overweight” rating in a research report on Friday, October 16th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $533.89.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

These are some of the TSM headlines that stood out recently:

• Positive Sentiment: The board approved investments of up to $1 billion combined in OpenAI and Anthropic. Investors may see the stakes as a way to strengthen ties with major AI customers and broaden TSMC’s exposure to the AI expansion, although the investments are not chip sales. TSMC approves up to $1 billion investment plan in Anthropic and OpenAI
• Positive Sentiment: TSMC raised its quarterly dividend, adding a shareholder-return signal alongside its strong operating results. Multiple executives and a director also disclosed recent share purchases, which may be viewed as a modest sign of insider confidence. Taiwan Semiconductor Manufacturing company information
• Negative Sentiment: AI stocks remain volatile after a sector sell-off. TSMC’s strong sales may also raise expectations, leaving the stock vulnerable if future demand or guidance falls short of the elevated growth outlook. AI sell-off: Buy ANET, TSM and MU?

Insider Activity at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, Director Michael R. Splinter acquired 840 shares of the firm’s stock in a transaction on Thursday, November 5th. The stock was bought at an average cost of $357.00 per share, for a total transaction of $299,880.00. Following the completion of the purchase, the director directly owned 8,405 shares in the company, valued at $3,000,585. This represents a 11.10% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Lipen Yuan acquired 1,000 shares of the firm’s stock in a transaction on Sunday, November 1st. The shares were acquired at an average price of $71.49 per share, with a total value of $71,490.00. Following the completion of the purchase, the vice president owned 8,000 shares of the company’s stock, valued at $571,920. This trade represents a 14.29% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 7,869 shares of company stock worth $823,771 in the last 90 days. 1.11% of the stock is currently owned by insiders.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company (TSMC) is a semiconductor foundry that manufactures chips designed by other companies. It provides wafer fabrication and related services, including advanced packaging, serving customers across industries such as computing, communications, automotive and consumer electronics. Founded in 1987 and headquartered in Hsinchu, Taiwan, TSMC helped establish the dedicated foundry model, in which a manufacturer focuses on producing semiconductors for customers rather than selling its own chip designs.