Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Invests $18.25 Million in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 38,127 shares of the semiconductor company’s stock, valued at approximately $18,245,000. Taiwan Semiconductor Manufacturing accounts for approximately 2.3% of Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s investment portfolio, making the stock its 11th biggest holding.

Several other hedge funds have also recently made changes to their positions in the stock. Brighton Jones LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 20.9% in the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company’s stock valued at $2,159,000 after acquiring an additional 1,892 shares during the last quarter. Gamco Investors INC. ET AL bought a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at about $701,000. Bank of Nova Scotia increased its holdings in Taiwan Semiconductor Manufacturing by 12.8% during the second quarter. Bank of Nova Scotia now owns 15,697 shares of the semiconductor company’s stock valued at $3,556,000 after buying an additional 1,784 shares during the period. FWL Investment Management LLC boosted its position in Taiwan Semiconductor Manufacturing by 26.5% during the second quarter. FWL Investment Management LLC now owns 253 shares of the semiconductor company’s stock valued at $57,000 after purchasing an additional 53 shares in the last quarter. Finally, Main Street Financial Solutions LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the second quarter valued at approximately $270,000. 16.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Barclays boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the company an “overweight” rating in a report on Friday, July 17th. Needham & Company LLC lifted their target price on Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the stock a “buy” rating in a report on Monday, July 27th. Sanford C. Bernstein upped their target price on Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, August 11th. Citigroup restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, July 6th. Finally, Zacks Research raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $523.22.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC and Samsung committed to adopting ASML’s High-NA EUV lithography systems. TSMC expects to begin using the technology in 2030 for advanced-node production, reinforcing confidence in its ability to manufacture increasingly sophisticated AI chips. TSMC, Samsung commit to ASML’s newest chipmaking tools as AI drives demand
• Positive Sentiment: TSMC and ASML are also developing a 12-inch photomask pilot line targeted for 2031, with broader High-NA EUV readiness expected by 2033. Larger masks could improve scanner productivity and reduce manufacturing costs over time. ASML and TSMC Announce Initiative to Pioneer Industry Transition to Large-Format Photomasks for High NA EUV
• Positive Sentiment: Analysts and market commentators continue to identify TSMC as a leading AI investment. Reports cite its approximately 73% foundry market share and ongoing investments in N2, N3 and advanced packaging as supports for long-term growth. Taiwan Semiconductor Retains 73% Foundry Share
• Positive Sentiment: TSM was highlighted as an IBD Stock of the Day and moved above an early technical buy point as semiconductor stocks rallied, while separate coverage suggested the stock could challenge a new record high. TSMC, IBD Stock Of The Day, Rises Above Early Buy Point As Chip Stocks Rally
• Neutral Sentiment: TSMC’s planned $265 billion U.S. investment is strengthening its political and customer relationships, but the expansion also raises questions about capital intensity and whether overseas production will match Taiwan-based margins. TSMC’s $265 Billion U.S. Bet Is Becoming Part of Taiwan’s Chip Diplomacy

Taiwan Semiconductor Manufacturing Stock Up 2.4%

Shares of NYSE TSM opened at $439.09 on Wednesday. The firm has a market cap of $2.28 trillion, a price-to-earnings ratio of 31.68, a PEG ratio of 0.98 and a beta of 1.39. 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’s 50 day moving average is $419.33 and its two-hundred day moving average is $399.17. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $246.93 and a 52-week high of $479.00.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. The firm had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. Research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.52 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be issued a dividend of $1.0854 per share. This represents a $4.34 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 21.43%.

Insiders Place Their Bets

In other news, VP Shyue-Shyh Lin bought 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Tuesday, July 21st. The shares were bought at an average cost of $74.13 per share, for a total transaction of $74,130.00. Following the acquisition, the vice president owned 30,269 shares in the company, valued at approximately $2,243,840.97. This trade represents a 3.42% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Bor-Zen Tien purchased 1,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was acquired at an average cost of $73.06 per share, for a total transaction of $73,060.00. Following the completion of the purchase, the vice president owned 14,051 shares in the company, valued at $1,026,566.06. The trade was a 7.66% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 19,512 shares of company stock valued at $1,450,270 over the last 90 days. 1.11% of the stock is owned by corporate insiders.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world’s leading dedicated semiconductor foundry. Founded in 1987 and headquartered in Hsinchu, Taiwan, the company pioneered the pure-play foundry business model, producing chips designed by other companies rather than developing and selling branded semiconductor products of its own.

TSMC manufactures semiconductor wafers using advanced and specialty process technologies.