Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Sold by Walter Public Investments Inc.

Walter Public Investments Inc. lessened its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 3.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 48,046 shares of the semiconductor company’s stock after selling 1,743 shares during the period. Taiwan Semiconductor Manufacturing comprises approximately 5.3% of Walter Public Investments Inc.’s holdings, making the stock its 2nd biggest holding. Walter Public Investments Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $21,918,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Silver Grove Financial Group Inc. boosted its position in Taiwan Semiconductor Manufacturing by 16.8% in 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 in the last quarter. Bahl & Gaynor LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 16.4% during the third quarter. Bahl & Gaynor LLC now owns 1,636,856 shares of the semiconductor company’s stock worth $746,717,000 after buying an additional 231,157 shares in the last quarter. Brooklyn FI LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the third quarter worth approximately $1,014,000. AMG National Trust Bank increased its holdings in shares of Taiwan Semiconductor Manufacturing by 0.8% during the third quarter. AMG National Trust Bank now owns 27,435 shares of the semiconductor company’s stock worth $12,516,000 after buying an additional 229 shares in the last quarter. Finally, Moneco Advisors LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 2.0% in the third 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. Institutional investors and hedge funds own 16.51% of the company’s stock.

Key Taiwan Semiconductor Manufacturing News

Here’s some of the latest news about TSM:

• 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 Buying and Selling

In related news, Director Michael R. Splinter purchased 840 shares of the firm’s stock in a transaction dated Thursday, November 5th. The shares were acquired at an average cost of $357.00 per share, with a total value of $299,880.00. Following the completion of the purchase, the director directly 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Lipen Yuan purchased 1,000 shares of the stock in a transaction that occurred on Sunday, November 1st. The stock was bought at an average cost of $71.49 per share, with a total value of $71,490.00. Following the acquisition, the vice president owned 8,000 shares of the company’s stock, valued at $571,920. This represents a 14.29% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought 7,869 shares of company stock worth $823,771 over the last quarter. 1.11% of the stock is owned by company insiders.

Taiwan Semiconductor Manufacturing Stock Performance

Taiwan Semiconductor Manufacturing stock opened at $412.74 on Thursday. The stock has a 50-day simple moving average of $430.67 and a 200 day simple moving average of $401.82. The stock has a market capitalization of $2.14 trillion, a price-to-earnings ratio of 26.56, a P/E/G 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. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $266.82 and a 12-month high of $487.47.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data on Thursday, October 15th. The semiconductor company reported $4.60 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $45.67 billion. During the same quarter in the prior year, the firm earned $2.92 EPS. The company’s revenue was up 41.2% on a year-over-year basis. On average, research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.46 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 8th. Shareholders of record on Thursday, March 11th will be paid a $1.3663 dividend. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.0854. This represents a $5.47 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, March 11th. Taiwan Semiconductor Manufacturing’s payout ratio is presently 22.27%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on TSM. Stifel Nicolaus began coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, September 1st. They issued a “buy” rating and a $515.00 target price on the stock. Zacks Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Needham & Company LLC increased their price target on Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a “buy” rating in a research report on Thursday, October 15th. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, October 7th. Finally, Weiss Ratings downgraded Taiwan Semiconductor Manufacturing from a “buy (b)” rating to a “hold (c+)” rating in a research report on Wednesday, November 4th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $533.89.

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.