Quintet Private Bank Europe S.A. lessened its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 47.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,333 shares of the semiconductor company's stock after selling 32,063 shares during the period. Taiwan Semiconductor Manufacturing accounts for approximately 0.7% of Quintet Private Bank Europe S.A.'s portfolio, making the stock its 29th largest holding. Quintet Private Bank Europe S.A.'s holdings in Taiwan Semiconductor Manufacturing were worth $16,119,000 as of its most recent SEC filing.

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Other large investors have also modified their holdings of the company. Toth Financial Advisory Corp boosted its stake in shares of Taiwan Semiconductor Manufacturing by 2.1% during the third quarter. Toth Financial Advisory Corp now owns 3,282 shares of the semiconductor company's stock valued at $1,497,000 after acquiring an additional 68 shares during the last quarter. Whalen Wealth Management Inc. acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter worth about $524,000. City Center Advisors LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 24.1% during the third quarter. City Center Advisors LLC now owns 566 shares of the semiconductor company's stock worth $258,000 after buying an additional 110 shares in the last quarter. Venture Visionary Partners LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 34.1% in the third quarter. Venture Visionary Partners LLC now owns 10,775 shares of the semiconductor company's stock valued at $4,915,000 after buying an additional 2,739 shares during the last quarter. Finally, Retirement Wealth Solutions LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 2,050.0% in the third quarter. Retirement Wealth Solutions LLC now owns 129 shares of the semiconductor company's stock valued at $59,000 after buying an additional 123 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on TSM shares. DA Davidson raised their target price on shares of Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a "buy" rating in a research report on Friday, July 17th. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday. Weiss Ratings cut shares of Taiwan Semiconductor Manufacturing from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday. Barclays upped their price target on shares of Taiwan Semiconductor Manufacturing from $650.00 to $665.00 and gave the stock an "overweight" rating in a research report on Tuesday. Finally, Stifel Nicolaus assumed coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, September 1st. They issued a "buy" rating and a $515.00 price target on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of "Buy" and a consensus price target of $524.89.

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Check Out Our Latest Analysis on TSM

Taiwan Semiconductor Manufacturing Trading Down 3.3%

Shares of Taiwan Semiconductor Manufacturing stock traded down $15.43 during trading hours on Thursday, reaching $456.77. The stock had a trading volume of 4,332,080 shares, compared to its average volume of 13,038,535. The firm has a market capitalization of $2.37 trillion, a price-to-earnings ratio of 32.94, a P/E/G ratio of 1.07 and a beta of 1.37. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $266.82 and a 1 year high of $487.47. The company has a current ratio of 2.46, a quick ratio of 2.25 and a debt-to-equity ratio of 0.14. The firm has a 50 day simple moving average of $431.08 and a two-hundred day simple moving average of $412.62.

• Bottlenecking the Future: TSMC Prices Out the Competition

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%.The business had revenue of $39.89 billion during the quarter. As a group, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be given a dividend of $1.0854 per share. The ex-dividend date of this dividend is Thursday, December 10th. This is a decrease from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. This represents a $4.34 dividend on an annualized basis and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 24.96%.

Taiwan Semiconductor Manufacturing News Summary

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

• Positive Sentiment: Record quarterly revenue reinforces AI demand. TSMC reported third-quarter revenue of approximately NT$1.49 trillion ($46.7 billion), up about 50% year over year and above market expectations. September revenue rose 54.6% to NT$511.86 billion, extending a streak of strong monthly results. The figures point to robust demand for advanced chips used by Nvidia, AMD and other AI customers. TSMC's third-quarter revenue surges to record, beating market forecast
• Positive Sentiment: Industry developments support TSMC’s advanced-packaging ecosystem. GlobalFoundries announced a multiyear, $2 billion agreement to supply silicon interposers for TSMC’s CoWoS packaging technology in the United States. The deal, with production expected to ramp in 2028, suggests sustained long-term demand for AI and high-performance-computing infrastructure. GlobalFoundries shares rise on $2 billion TSMC agreement
• Positive Sentiment: Insider purchases provide a modest confidence signal. TSMC’s CEO, CFO, COO and multiple senior executives disclosed small open-market purchases. While the dollar amounts are limited relative to the company’s market capitalization, the broad participation is directionally supportive. Taiwan Semiconductor Manufacturing CEO purchases stock
• Neutral Sentiment: Investors are awaiting additional guidance. The revenue beat improves expectations for TSMC’s upcoming earnings discussion, particularly regarding capital spending, 2-nanometer production and the durability of AI demand. However, the market may need further guidance before extending the rally.
• Negative Sentiment: Risk-off market conditions overwhelmed the favorable company news. Broader equities weakened as oil prices and Treasury yields rose, pressuring high-valuation technology stocks. TSMC’s elevated valuation and proximity to its 52-week high may also have encouraged profit-taking after the strong run.
• Negative Sentiment: TSMC was ruled out of operating Elon Musk’s planned Terafab facility. Musk said Tesla and SpaceX will build and operate the Texas project independently, limiting a potential new U.S. manufacturing opportunity for TSMC. The announcement is a relatively small factor compared with TSMC’s core AI business. TSM Stock Falls After Musk Says TSMC Won't Run Terafab

Insider Activity at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan purchased 350 shares of the business's stock in a transaction that occurred on Tuesday, August 18th. The shares were acquired at an average price of $73.58 per share, for a total transaction of $25,753.00. Following the completion of the purchase, the vice president owned 2,000 shares in the company, valued at $147,160. The trade was a 21.21% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Shyue-Shyh Lin purchased 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction that occurred on Tuesday, July 21st. The stock was acquired at an average cost of $74.13 per share, with a total value of $74,130.00. Following the acquisition, the vice president directly owned 30,269 shares of the company's stock, valued at $2,243,840.97. The trade was a 3.42% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 16,043 shares of company stock valued at $1,185,746. Corporate insiders own 1.11% of the company's stock.

Taiwan Semiconductor Manufacturing Company Profile

(Free Report)

Taiwan Semiconductor Manufacturing Company Limited NYSE: TSM, commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world's largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.

TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.

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