Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Position Boosted by Russell Investments Group Ltd.

Russell Investments Group Ltd. lifted its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 12.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,057,858 shares of the semiconductor company’s stock after purchasing an additional 451,966 shares during the quarter. Taiwan Semiconductor Manufacturing comprises 1.6% of Russell Investments Group Ltd.’s holdings, making the stock its 8th biggest position. Russell Investments Group Ltd.’s holdings in Taiwan Semiconductor Manufacturing were worth $1,851,187,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of TSM. Tiger Global Management LLC raised its holdings in Taiwan Semiconductor Manufacturing by 49.4% during the 1st quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company’s stock worth $1,880,717,000 after buying an additional 1,839,600 shares during the period. Sei Investments Co. boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 11.8% in the first quarter. Sei Investments Co. now owns 2,591,510 shares of the semiconductor company’s stock valued at $875,802,000 after buying an additional 274,389 shares during the period. Assenagon Asset Management S.A. boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 67.2% in the third quarter. Assenagon Asset Management S.A. now owns 1,717,515 shares of the semiconductor company’s stock valued at $783,513,000 after buying an additional 690,523 shares during the period. Bahl & Gaynor LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 16.4% in the third quarter. Bahl & Gaynor LLC now owns 1,636,856 shares of the semiconductor company’s stock valued at $746,717,000 after buying an additional 231,157 shares during the period. Finally, Bessemer Group Inc. increased its position in shares of Taiwan Semiconductor Manufacturing by 7.9% during the first quarter. Bessemer Group Inc. now owns 1,781,764 shares of the semiconductor company’s stock worth $602,147,000 after acquiring an additional 130,602 shares in the last quarter. 16.51% of the stock is owned by institutional investors.

Latest Taiwan Semiconductor Manufacturing News

Here’s some of the latest news about TSM:

• Positive Sentiment: TSMC’s board approved investments of up to $500 million each in OpenAI and Anthropic, broadening its exposure to AI beyond chip manufacturing. The strategic move may reinforce ties with major AI customers, though its financial payoff is uncertain. TSMC Approves Up to $1 Billion Investment Plan in Anthropic and OpenAI
• Neutral Sentiment: ETFs were net sellers of TSMC shares on Nov. 10, a potential near-term headwind for trading, but one day of fund flows does not establish a longer-term trend. ETFs Are Net Sellers of Taiwan Semiconductor
• Negative Sentiment: NVIDIA’s leadership upheaval has rattled semiconductor shares, overshadowing TSMC’s strong October sales. Because TSMC supplies NVIDIA as well as other chip designers, the turmoil may create sector-wide uncertainty even as AI demand remains robust. TSMC Stocks Fall as NVIDIA Shake-Up Overshadows Record October Revenue

Analysts Set New Price Targets

A number of equities research analysts recently commented on TSM shares. Needham & Company LLC raised their price objective on shares of Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a “buy” rating in a report on Thursday, October 15th. Zacks Research raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Weiss Ratings cut Taiwan Semiconductor Manufacturing from a “buy (b)” rating to a “hold (c+)” rating in a report on Wednesday, November 4th. Susquehanna lifted their price target on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a research note on Thursday, July 16th. Finally, TD Cowen boosted their price target on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a report on Friday, July 17th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $533.89.

Insider Activity

In other news, Director Michael R. Splinter bought 840 shares of the firm’s stock in a transaction dated Thursday, November 5th. The shares were bought at an average price of $357.00 per share, with a total value of $299,880.00. Following the completion of the transaction, the director owned 8,405 shares of the company’s stock, valued at $3,000,585. This trade represents a 11.10% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Lipen Yuan bought 1,000 shares of the stock in a transaction dated Sunday, November 1st. The shares were purchased at an average price of $71.49 per share, for a total transaction of $71,490.00. Following 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 position. The disclosure for this purchase is available in the SEC filing. Insiders bought 7,869 shares of company stock worth $823,771 over the last three months. Insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

NYSE:TSM opened at $405.85 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $266.82 and a 52-week high of $487.47. The company has a market cap of $2.10 trillion, a P/E ratio of 26.12, a P/E/G ratio of 0.82 and a beta of 1.44. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46. The stock’s 50-day simple moving average is $430.47 and its 200 day simple moving average is $402.19.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Thursday, October 15th. The semiconductor company reported $4.60 EPS for the quarter, beating analysts’ consensus estimates of $4.45 by $0.15. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. The firm had revenue of $46.72 billion during the quarter, compared to analysts’ expectations of $45.67 billion. During the same quarter last year, the company posted $2.92 earnings per share. The company’s revenue for the quarter was up 41.2% compared to the same quarter last year. As a group, sell-side analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.36 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

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

Taiwan Semiconductor Manufacturing Profile

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.