Guinness Atkinson Asset Management Inc Has $9.54 Million Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Guinness Atkinson Asset Management Inc decreased its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 19.1% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 34,911 shares of the semiconductor company’s stock after selling 8,255 shares during the period. Taiwan Semiconductor Manufacturing comprises 4.5% of Guinness Atkinson Asset Management Inc’s portfolio, making the stock its biggest position. Guinness Atkinson Asset Management Inc’s holdings in Taiwan Semiconductor Manufacturing were worth $9,539,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Resources Management Corp CT ADV bought a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $32,000. Heartwood Wealth Advisors LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at about $32,000. Mid American Wealth Advisory Group Inc. bought a new stake in Taiwan Semiconductor Manufacturing during the second quarter worth about $33,000. First Command Advisory Services Inc. boosted its position in Taiwan Semiconductor Manufacturing by 174.1% during the second quarter. First Command Advisory Services Inc. now owns 159 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 101 shares during the last quarter. Finally, Fairman Group LLC boosted its position in Taiwan Semiconductor Manufacturing by 171.2% during the third quarter. Fairman Group LLC now owns 141 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 89 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

NYSE TSM opened at $330.50 on Friday. The stock has a market cap of $1.71 trillion, a PE ratio of 31.03, a P/E/G ratio of 0.91 and a beta of 1.31. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.69. The firm has a 50-day moving average of $313.38 and a 200-day moving average of $283.34. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $134.25 and a 52-week high of $351.33.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Friday, November 14th. The semiconductor company reported $14.32 EPS for the quarter. The business had revenue of $32.50 billion for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 45.13% and a return on equity of 36.18%. On average, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Tuesday, March 17th will be issued a dividend of $0.9678 per share. This represents a $3.87 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, March 17th. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.83. Taiwan Semiconductor Manufacturing’s payout ratio is 23.57%.

Analysts Set New Price Targets

TSM has been the topic of several recent analyst reports. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, January 9th. Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, December 29th. Argus raised shares of Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research report on Thursday, January 15th. Finally, Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Buy” and an average price target of $381.67.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC plans a roughly $17 billion investment to mass-produce advanced 3‑nanometer chips at its Kumamoto site, a move aimed at boosting AI-capable capacity and reducing concentration risk in Taiwan. TSMC plans 3-nanometre chip production in Japan with $17 billion investment, Yomiuri reports
• Positive Sentiment: Broker upgrades and momentum calls are piling up — Zacks moved TSMC to a “strong-buy” and the stock has been added to Zacks’ Rank #1 momentum lists, which supports short-term buying interest. Zacks upgrade / strong-buy
• Positive Sentiment: Tokyo’s subsidy push and supportive government policy (reported by multiple outlets) make the Japan expansion more financially attractive and lower the net capex burden on TSMC, improving the investment thesis around capacity for AI demand. TSMC Plans $17 Billion Japan Expansion With Advanced 3nm Chips As Tokyo Ramps Up Subsidies
• Neutral Sentiment: Consensus analyst price targets imply roughly ~25% upside from current levels, but studies show price-targets are an imperfect timing tool; upward earnings estimate revisions would be needed to sustain the move. Can TSMC (TSM) Climb 25.25% to Reach the Level Wall Street Analysts Expect?
• Negative Sentiment: Big overseas capex and the rush to scale advanced 3nm production create execution, timing and cost risks — meeting yield, staffing and ramp timelines at a new site is challenging and could pressure margins or delay benefits. TSMC Needs to Make More Advanced Chips. Why It’s Turning to Japan.

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.