Huntington National Bank Raises Stock Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Huntington National Bank raised its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 18.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 293,928 shares of the semiconductor company’s stock after buying an additional 45,639 shares during the period. Huntington National Bank’s holdings in Taiwan Semiconductor Manufacturing were worth $89,322,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Oak Harvest Investment Services grew its position in shares of Taiwan Semiconductor Manufacturing by 2.9% in the fourth quarter. Oak Harvest Investment Services now owns 1,106 shares of the semiconductor company’s stock valued at $336,000 after purchasing an additional 31 shares during the last quarter. Falcon Wealth Planning grew its position in shares of Taiwan Semiconductor Manufacturing by 4.4% in the fourth quarter. Falcon Wealth Planning now owns 780 shares of the semiconductor company’s stock valued at $237,000 after purchasing an additional 33 shares during the last quarter. Drive Wealth Management LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 0.7% in the fourth quarter. Drive Wealth Management LLC now owns 4,997 shares of the semiconductor company’s stock valued at $1,522,000 after purchasing an additional 33 shares during the last quarter. Sovereign Financial Group Inc. grew its position in shares of Taiwan Semiconductor Manufacturing by 4.5% in the fourth quarter. Sovereign Financial Group Inc. now owns 793 shares of the semiconductor company’s stock valued at $241,000 after purchasing an additional 34 shares during the last quarter. Finally, Avion Wealth grew its position in shares of Taiwan Semiconductor Manufacturing by 10.8% in the fourth quarter. Avion Wealth now owns 349 shares of the semiconductor company’s stock valued at $106,000 after purchasing an additional 34 shares during the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on TSM. Weiss Ratings upgraded shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 20th. Zacks Research lowered shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Wedbush reiterated an “outperform” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, February 11th. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Sunday, March 22nd. Finally, Needham & Company LLC increased their price target on shares of Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $404.29.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: Reports say TSMC plans to raise prices on its advanced 3nm process by as much as 15% in the second half of the year, with another potential increase next year. That suggests stronger margins and reflects tight supply for cutting-edge chips. Report: Taiwan Semiconductor Manufacturing Company Ltd. (TSM.US) to Raise 3nm Process Prices by Up to 15% in 2H, May Hike Another 10% Next Year
• Positive Sentiment: TSMC is scaling 3nm capacity in Taiwan, Arizona, and Japan to keep up with surging AI demand and advanced packaging shortages, which supports longer-term revenue growth. Here’s How Taiwan Semiconductor Is Scaling Up to Meet Surging AI Demand
• Positive Sentiment: Nvidia’s CEO is reportedly deepening the AI semiconductor alliance with TSMC and SK hynix, reinforcing TSMC’s position as a key manufacturing partner for AI chips. Nvidia’s (NVDA) Jensen Huang Looks to Strengthen the AI Chip Alliance with SK Hynix and TSMC
• Positive Sentiment: TSMC’s stronger earnings, dividend increase, and broader AI-driven rally are keeping investor sentiment elevated and helping the stock stay near record highs. What Investors Need to Know About TSMC’s Hefty 17% Dividend Increase
• Neutral Sentiment: Market commentary also points to TSMC as a major beneficiary of the broader AI infrastructure boom, with Taiwan’s market capitalization rising sharply on the company’s gains. Taiwan Becomes World’s Fifth-Largest Stock Market on TSMC Boom
• Negative Sentiment: One headline noted an executive sold nearly $14 million of TSMC shares, which may create some short-term caution even though it does not change the company’s fundamentals. TSMC Executive Dumps Nearly $14 Million Worth in Shares
• Negative Sentiment: Huawei’s stated chip ambitions could eventually add competitive pressure in advanced semiconductors, though this is more of a long-term risk than an immediate threat. Huawei Targets 1.4nm Chips by 2031 Amid China AI Push

Insiders Place Their Bets

In other Taiwan Semiconductor Manufacturing news, VP Tzu-Sou Chuang sold 200,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $69.83, for a total value of $13,966,000.00. Following the transaction, the vice president owned 2,495,165 shares in the company, valued at $174,237,371.95. This trade represents a 7.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Bor-Zen Tien purchased 2,000 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was bought at an average price of $69.91 per share, for a total transaction of $139,820.00. Following the acquisition, the vice president owned 11,051 shares in the company, valued at $772,575.41. The trade was a 22.10% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders acquired 3,346 shares of company stock worth $218,005. 1.11% of the stock is owned by company insiders.

Taiwan Semiconductor Manufacturing Stock Up 2.4%

Shares of NYSE TSM opened at $422.35 on Thursday. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $190.56 and a 1 year high of $430.55. The firm’s 50 day moving average price is $375.08 and its 200 day moving average price is $341.06. The firm has a market cap of $2.19 trillion, a P/E ratio of 35.14, a price-to-earnings-growth ratio of 1.20 and a beta of 1.39. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.31 and a current ratio of 2.49.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter. The firm had revenue of $30.65 billion for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 36.81%. As a group, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.28 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be issued a $1.1136 dividend. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. The ex-dividend date is Wednesday, September 16th. This represents a $4.45 dividend on an annualized basis and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 24.71%.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.

TSMC’s service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.