GK Wealth Management LLC Acquires New Shares in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

GK Wealth Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,015 shares of the semiconductor company’s stock, valued at approximately $3,350,000. Taiwan Semiconductor Manufacturing accounts for about 1.8% of GK Wealth Management LLC’s portfolio, making the stock its 12th biggest holding.

Several other institutional investors have also recently made changes to their positions in the stock. Capital Research Global Investors grew its position in shares of Taiwan Semiconductor Manufacturing by 66.3% during the 4th quarter. Capital Research Global Investors now owns 3,215,353 shares of the semiconductor company’s stock valued at $976,821,000 after purchasing an additional 1,281,648 shares in the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth $961,000. Meridian Wealth Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 27.9% in the fourth quarter. Meridian Wealth Management LLC now owns 65,974 shares of the semiconductor company’s stock worth $20,049,000 after buying an additional 14,406 shares in the last quarter. Y Intercept Hong Kong Ltd raised its position in shares of Taiwan Semiconductor Manufacturing by 273.2% in the first quarter. Y Intercept Hong Kong Ltd now owns 81,189 shares of the semiconductor company’s stock worth $27,438,000 after buying an additional 59,435 shares in the last quarter. Finally, Stiles Financial Services Inc boosted its stake in Taiwan Semiconductor Manufacturing by 79.1% during the fourth quarter. Stiles Financial Services Inc now owns 4,355 shares of the semiconductor company’s stock valued at $1,323,000 after buying an additional 1,923 shares during the period. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Barclays boosted their target price on Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. DA Davidson raised their price target on Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the company a “buy” rating in a report on Friday, July 17th. Needham & Company LLC lifted their price target on Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 18th. Finally, Bank of America upped their price objective on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $496.25.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: A sharp rebound across semiconductor ETFs highlighted renewed demand for AI-related chip stocks, providing a favorable backdrop for TSM as the leading advanced-chip foundry. Semiconductor ETFs Surge up to 19% in Huge Rally as the AI Trade Ramps Back Up
• Positive Sentiment: Analyst and investor commentary continues to identify TSM as a key beneficiary of sustained AI infrastructure spending, alongside Nvidia and SK Hynix. That supports expectations for continued demand for TSM’s advanced manufacturing capacity. 3 Stocks to Buy as AI Infrastructure Continues to Surge
• Positive Sentiment: A Taiwan Semiconductor vice president purchased 1,000 shares, increasing the executive’s holdings by 7.66%. Although modest relative to TSM’s market value, the insider purchase may be viewed as a vote of confidence. TSM Insider Purchase
• Neutral Sentiment: MediaTek’s plan to capture a larger share of the custom AI-chip market could expand overall foundry demand, but it also signals intensifying competition for AI-chip manufacturing and design wins. MediaTek Wants 20% of Custom AI Chips
• Negative Sentiment: Recent market commentary noted that Asia-focused hedge funds suffered heavily during July’s technology selloff. This underscores continued volatility and the risk that profit-taking or renewed concerns about elevated semiconductor valuations could pressure TSM. Asia Hedge Funds Suffer Widespread Losses in July Market Rout

Taiwan Semiconductor Manufacturing Trading Up 2.7%

Shares of TSM stock opened at $417.21 on Wednesday. The business has a 50-day moving average price of $427.26 and a two-hundred day moving average price of $385.81. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $223.70 and a 12-month high of $479.00. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.13. The firm has a market cap of $2.16 trillion, a P/E ratio of 30.10, a price-to-earnings-growth ratio of 0.93 and a beta of 1.38.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. The firm had revenue of $39.89 billion for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.37% and a net margin of 50.31%. Equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 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. Shareholders of record on Wednesday, September 16th will be paid a $1.1136 dividend. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. This represents a $4.45 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, September 16th. Taiwan Semiconductor Manufacturing’s payout ratio is currently 21.43%.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Tzu-Sou Chuang sold 200,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $69.83, for a total transaction of $13,966,000.00. Following the transaction, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Bor-Zen Tien purchased 3,000 shares of the firm’s stock in a transaction on Tuesday, July 21st. The shares were acquired at an average cost of $74.39 per share, for a total transaction of $223,170.00. Following the completion of the purchase, the vice president directly owned 4,000 shares of the company’s stock, valued at approximately $297,560. This represents a 300.00% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 16,857 shares of company stock valued at $1,240,154 over the last ninety days. Insiders own 1.11% of the company’s stock.

About Taiwan Semiconductor Manufacturing

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.