Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Position Trimmed by R Squared Ltd

R Squared Ltd decreased its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 44.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,885 shares of the semiconductor company’s stock after selling 2,312 shares during the quarter. Taiwan Semiconductor Manufacturing makes up approximately 0.7% of R Squared Ltd’s holdings, making the stock its 16th largest holding. R Squared Ltd’s holdings in Taiwan Semiconductor Manufacturing were worth $1,316,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Tiger Global Management LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 49.4% during the first quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company’s stock valued at $1,880,717,000 after acquiring an additional 1,839,600 shares during the period. Fundsmith LLP bought a new position in Taiwan Semiconductor Manufacturing in the second quarter valued at about $548,465,000. Assenagon Asset Management S.A. acquired a new stake in Taiwan Semiconductor Manufacturing in the second quarter worth about $490,461,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Taiwan Semiconductor Manufacturing in the third quarter worth about $444,923,000. Finally, Perseverance Asset Management International increased its position in Taiwan Semiconductor Manufacturing by 1,453.9% in the first quarter. Perseverance Asset Management International now owns 446,505 shares of the semiconductor company’s stock worth $150,896,000 after purchasing an additional 417,771 shares during the period. 16.51% of the stock is currently owned by institutional investors.

Latest Taiwan Semiconductor Manufacturing News

Investors following TSM have been watching these news items:

• Positive Sentiment: TSMC’s board approved investments of up to $500 million each in OpenAI and Anthropic, broadening its exposure to AI beyond chip manufacturing. The strategic move may reinforce ties with major AI customers, though its financial payoff is uncertain. TSMC Approves Up to $1 Billion Investment Plan in Anthropic and OpenAI
• Neutral Sentiment: ETFs were net sellers of TSMC shares on Nov. 10, a potential near-term headwind for trading, but one day of fund flows does not establish a longer-term trend. ETFs Are Net Sellers of Taiwan Semiconductor
• Negative Sentiment: NVIDIA’s leadership upheaval has rattled semiconductor shares, overshadowing TSMC’s strong October sales. Because TSMC supplies NVIDIA as well as other chip designers, the turmoil may create sector-wide uncertainty even as AI demand remains robust. TSMC Stocks Fall as NVIDIA Shake-Up Overshadows Record October Revenue

Taiwan Semiconductor Manufacturing Stock Performance

TSM stock opened at $405.85 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $266.82 and a twelve month high of $487.47. 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 company has a market cap of $2.10 trillion, a P/E ratio of 26.12, a price-to-earnings-growth ratio of 0.82 and a beta of 1.44. The business’s fifty day moving average is $430.47 and its 200-day moving average is $402.19.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced 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. The business had revenue of $46.72 billion during the quarter, compared to analysts’ expectations of $45.67 billion. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The firm’s quarterly revenue was up 41.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.92 earnings per share. Equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.36 EPS for the current 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 issued a dividend of $1.3663 per share. This represents a $5.47 dividend on an annualized basis and a yield of 1.3%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.0854. The ex-dividend date is Thursday, March 11th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 22.27%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on TSM shares. Needham & Company LLC boosted their price objective on Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a “buy” rating in a report on Thursday, October 15th. Wall Street Zen lowered shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. TD Cowen lifted 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. Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Finally, Sanford C. Bernstein boosted their price target on shares of Taiwan Semiconductor Manufacturing from $554.00 to $600.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 4th. Three investment 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 company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $533.89.

Insider Transactions at Taiwan Semiconductor Manufacturing

In related news, Director Michael R. Splinter bought 840 shares of the firm’s stock in a transaction dated Thursday, November 5th. The stock was bought at an average cost of $357.00 per share, for a total transaction of $299,880.00. Following the transaction, the director owned 8,405 shares of the company’s stock, valued at $3,000,585. This represents a 11.10% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Lipen Yuan purchased 1,000 shares of the stock in a transaction dated 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 completion of the purchase, the vice president owned 8,000 shares in the company, valued at $571,920. The trade was a 14.29% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have acquired 7,869 shares of company stock worth $823,771. Company insiders own 1.11% of the company’s stock.

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.