4,410 Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Keybank National Association OH

Keybank National Association OH lowered its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 11.6% during the 3rd quarter, Holdings Channel reports. The fund owned 33,701 shares of the semiconductor company’s stock after selling 4,410 shares during the period. Keybank National Association OH’s holdings in Taiwan Semiconductor Manufacturing were worth $15,374,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in TSM. Fiduciary Advisors Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 200.0% during the third quarter. Fiduciary Advisors Inc. now owns 60 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 40 shares during the period. Cedar Mountain Advisors LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 88.2% during the second quarter. Cedar Mountain Advisors LLC now owns 64 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 30 shares in the last quarter. Markowski Investments bought a new stake in shares of Taiwan Semiconductor Manufacturing during the second quarter valued at about $33,000. Heritage Family Offices LLP bought a new stake in shares of Taiwan Semiconductor Manufacturing during the third quarter valued at about $37,000. Finally, Curry Webb Wealth Management LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the third quarter valued at about $39,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Insider Activity

In other news, VP Lipen Yuan bought 1,000 shares of the firm’s stock in a transaction that occurred on Sunday, November 1st. The stock was acquired at an average price of $71.49 per share, with a total value of $71,490.00. Following the completion of the purchase, the vice president directly owned 8,000 shares of the company’s stock, valued at $571,920. This represents a 14.29% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Michael R. Splinter bought 840 shares of the stock in a transaction that occurred on Thursday, November 5th. The shares were purchased at an average cost of $357.00 per share, for a total transaction of $299,880.00. Following the completion of the acquisition, 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. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased 7,869 shares of company stock valued at $823,771 in the last ninety days. Company insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

TSM opened at $412.74 on Thursday. The business has a 50 day moving average price of $430.67 and a two-hundred day moving average price of $401.82. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.46 and a quick ratio of 2.25. The company has a market capitalization of $2.14 trillion, a price-to-earnings ratio of 26.56, a price-to-earnings-growth ratio of 0.79 and a beta of 1.44. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $266.82 and a 1-year high of $487.47.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.45 by $0.15. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The company had revenue of $46.72 billion for the quarter, compared to analysts’ expectations of $45.67 billion. During the same period last year, the firm earned $2.92 EPS. The firm’s revenue for the quarter was up 41.2% on a year-over-year basis. Research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.46 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

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

Latest Taiwan Semiconductor Manufacturing News

Investors following TSM have been watching these news items:

• Positive Sentiment: TSMC reported record October revenue of NT$586.89 billion, up 59.7% year over year and 14.7% from September. The surge reinforces expectations that strong demand for AI chips and orders from customers such as Nvidia and Apple are supporting growth. TSMC’s October sales jump as global chip boom rolls on
• 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
• Neutral Sentiment: Analyst coverage remains generally bullish, and some commentary argues TSMC is attractive after the chip-sector sell-off. However, brokerage recommendations can be optimistic, so they are less concrete catalysts than the company’s sales figures. Is it worth investing in TSMC based on Wall Street’s bullish views?

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Sanford C. Bernstein upped their price objective on shares of Taiwan Semiconductor Manufacturing from $554.00 to $600.00 and gave the stock an “outperform” rating in a report on Wednesday, November 4th. Stifel Nicolaus started coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, September 1st. They set a “buy” rating and a $515.00 target price on the stock. 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. TD Cowen boosted their price target on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Finally, Weiss Ratings lowered shares of Taiwan Semiconductor Manufacturing from a “buy (b)” rating to a “hold (c+)” rating in a research note on Wednesday, November 4th. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target 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.