Systematic Alpha Investments LLC Decreases Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Systematic Alpha Investments LLC trimmed its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 43.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 2,500 shares of the semiconductor company’s stock after selling 1,900 shares during the period. Systematic Alpha Investments LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $845,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TSM. Oddo BHF Asset Management Sas raised its holdings in Taiwan Semiconductor Manufacturing by 53.9% during the 1st quarter. Oddo BHF Asset Management Sas now owns 27,352 shares of the semiconductor company’s stock valued at $9,244,000 after buying an additional 9,585 shares during the period. Arkadios Wealth Advisors boosted its stake in Taiwan Semiconductor Manufacturing by 2.1% during the first quarter. Arkadios Wealth Advisors now owns 43,804 shares of the semiconductor company’s stock worth $14,803,000 after buying an additional 895 shares during the period. Smith Group Asset Management LLC boosted its stake in Taiwan Semiconductor Manufacturing by 3.2% during the first quarter. Smith Group Asset Management LLC now owns 34,443 shares of the semiconductor company’s stock worth $11,640,000 after buying an additional 1,080 shares during the period. Opal Capital LLC increased its position in Taiwan Semiconductor Manufacturing by 72.5% during the first quarter. Opal Capital LLC now owns 27,767 shares of the semiconductor company’s stock valued at $9,384,000 after acquiring an additional 11,666 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its position in Taiwan Semiconductor Manufacturing by 5.5% during the first quarter. Sunbelt Securities Inc. now owns 9,183 shares of the semiconductor company’s stock valued at $3,103,000 after acquiring an additional 480 shares during the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Insider Activity at Taiwan Semiconductor Manufacturing

In other news, VP Shyue-Shyh Lin purchased 2,000 shares of the stock in a transaction that occurred on Sunday, July 19th. The stock was purchased at an average price of $71.71 per share, for a total transaction of $143,420.00. Following the completion of the acquisition, the vice president owned 28,269 shares of the company’s stock, valued at approximately $2,027,169.99. This trade represents a 7.61% 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 Lipen Yuan acquired 1,000 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The stock was purchased at an average cost of $79.19 per share, for a total transaction of $79,190.00. Following the purchase, the vice president owned 5,000 shares of the company’s stock, valued at $395,950. This represents a 25.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders acquired 14,857 shares of company stock valued at $1,099,124. 1.11% of the stock is owned by insiders.

Taiwan Semiconductor Manufacturing Stock Down 4.7%

Shares of TSM opened at $373.83 on Thursday. The firm has a fifty day moving average price of $427.21 and a 200-day moving average price of $383.56. The company has a current ratio of 2.49, a quick ratio of 2.31 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $1.94 trillion, a P/E ratio of 26.97, a P/E/G ratio of 0.91 and a beta of 1.36. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $223.70 and a 12-month high of $479.00.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 40.88%. The company had revenue of $39.89 billion for the quarter. Equities research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.34 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be paid a $1.1136 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $4.45 dividend on an annualized basis and a yield of 1.2%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. Taiwan Semiconductor Manufacturing’s payout ratio is currently 21.43%.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC reported record second-quarter results, with revenue of approximately $40 billion, and raised its outlook. Strong demand from artificial-intelligence and high-performance-computing customers continues to support growth. These 3 Companies Reported Record Results and Raised Guidance
• Positive Sentiment: Needham raised its TSMC price target to $530, reflecting confidence in the company’s long-term AI and advanced-chip demand outlook. Needham Raises TSMC Price Target
• Positive Sentiment: Amkor’s 10-year partnership with TSMC for an advanced-packaging facility in Arizona could strengthen TSMC’s U.S. manufacturing and AI supply-chain presence. Amkor Lands 10-Year TSMC Arizona Deal
• Positive Sentiment: Several TSMC vice presidents disclosed open-market purchases, a modestly supportive signal of insider confidence. TSMC Insider Buying
• Neutral Sentiment: TSMC said its Japan plant was gradually resuming operations after an earthquake. Employees were safe and the construction site was not damaged, although some work was temporarily suspended because of possible aftershocks. TSMC Japan Plant Resumes Operations
• Negative Sentiment: TSMC shares were caught in a wider AI-driven semiconductor rout, with technology stocks falling as investors questioned the durability of AI infrastructure spending and expressed concern about Chinese chipmaking competition. TSMC Stock Drops as AI Rout Spreads
• Negative Sentiment: Qualcomm’s cautious profit forecast highlighted component shortages, rising costs, and potential weakness in the smartphone market, adding pressure to semiconductor sentiment. Qualcomm Gives Tepid Profit Forecast

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on TSM shares. TD Cowen raised their target price on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a “hold” rating in a report on Friday, July 17th. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 18th. Needham & Company LLC boosted their target price on Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the company a “buy” rating in a research report on Monday. Weiss Ratings raised Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday. Finally, Barclays increased their price target on Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Taiwan Semiconductor Manufacturing has an average rating of “Buy” and an average target price of $496.25.

Taiwan Semiconductor Manufacturing 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.