Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock Price Target Raised at Barclays

Taiwan Semiconductor Manufacturing (NYSE:TSM) had its target price boosted by Barclays from $650.00 to $665.00 in a report released on Tuesday,Benzinga reports. Barclays currently has an overweight rating on the semiconductor company’s stock.

TSM has been the topic of several other research reports. Sanford C. Bernstein increased their target price on Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. Needham & Company LLC lifted 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, July 27th. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, July 6th. Zacks Research raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Finally, Bank of America raised their price objective on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $524.89.

Taiwan Semiconductor Manufacturing Stock Down 0.7%

Shares of NYSE TSM opened at $482.61 on Tuesday. The firm has a market cap of $2.50 trillion, a price-to-earnings ratio of 34.82, a PEG ratio of 1.08 and a beta of 1.37. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14. Taiwan Semiconductor Manufacturing has a 52-week low of $266.82 and a 52-week high of $487.47. The business’s 50 day moving average is $429.10 and its two-hundred day moving average is $411.68.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%.The company had revenue of $39.89 billion for the quarter. Research analysts predict that Taiwan Semiconductor Manufacturing will post 16.56 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be issued a $1.0854 dividend. This represents a $4.34 dividend on an annualized basis and a yield of 0.9%. This is a drop from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 24.96%.

Insider Buying and Selling

In related news, VP Bor-Zen Tien bought 3,000 shares of the stock in a transaction that occurred on Tuesday, July 21st. The stock was purchased at an average cost of $74.39 per share, with a total value of $223,170.00. Following the purchase, the vice president directly owned 4,000 shares of the company’s stock, valued at $297,560. This trade represents a 300.00% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Shyue-Shyh Lin purchased 2,000 shares of the business’s stock in a transaction on Sunday, July 19th. The shares were bought at an average price of $71.71 per share, for a total transaction of $143,420.00. Following the acquisition, the vice president owned 28,269 shares in the company, valued at $2,027,169.99. This trade represents a 7.61% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 14,559 shares of company stock valued at $1,067,931 in the last three months. 1.11% of the stock is owned by corporate insiders.

Institutional Trading of Taiwan Semiconductor Manufacturing

Hedge funds have recently added to or reduced their stakes in the company. Colton Groome Financial Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing by 98.6% in the third quarter. Colton Groome Financial Advisors LLC now owns 10,871 shares of the semiconductor company’s stock worth $4,959,000 after acquiring an additional 5,397 shares during the last quarter. Ables Iannone Moore & Associates Inc. increased its position in shares of Taiwan Semiconductor Manufacturing by 12.7% in the 3rd quarter. Ables Iannone Moore & Associates Inc. now owns 4,762 shares of the semiconductor company’s stock valued at $2,172,000 after purchasing an additional 536 shares during the last quarter. Eleva Capital SAS increased its position in shares of Taiwan Semiconductor Manufacturing by 31.2% in the 3rd quarter. Eleva Capital SAS now owns 28,092 shares of the semiconductor company’s stock valued at $12,815,000 after purchasing an additional 6,681 shares during the last quarter. Byrne Asset Management LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 2.7% in the 3rd quarter. Byrne Asset Management LLC now owns 3,675 shares of the semiconductor company’s stock valued at $1,688,000 after purchasing an additional 96 shares in the last quarter. Finally, Central Pacific Bank Trust Division raised its holdings in shares of Taiwan Semiconductor Manufacturing by 31.2% in the 3rd quarter. Central Pacific Bank Trust Division now owns 9,815 shares of the semiconductor company’s stock valued at $4,478,000 after purchasing an additional 2,336 shares in the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: Barclays raised its price target to $665 from $650 and maintained an “overweight” rating, implying substantial upside and reinforcing the bullish view on TSM’s earnings outlook. Taiwan Semiconductor Stock Gets Price Target Bump from Barclays
• Positive Sentiment: Strong artificial-intelligence chip demand, rising earnings estimates and the planned ramp of TSMC’s 2-nanometer process are expected to support third-quarter growth. July and August sales trends reportedly remain solid. TSMC Q3 Earnings: Strong AI Demand Sets the Bar High for Growth
• Positive Sentiment: Elon Musk confirmed early discussions involving TSMC and Terafab, a proposed Texas chip venture intended to serve Tesla, SpaceX and xAI. Although no agreement has been announced, the prospect of additional advanced-chip manufacturing demand helped lift sentiment. Musk Confirms Talks with TSMC Over Terafab Chip Plant
• Positive Sentiment: Taiwan’s new Phoenix office and TSMC’s expanding Arizona investment highlight the company’s growing U.S. manufacturing footprint and could strengthen relationships with major American technology customers. Taiwan Opens Phoenix Office as Arizona Chip Investment Grows
• Neutral Sentiment: TSM is trading near a 52-week high, supported by AI-related demand and record monthly sales. The stock’s next major catalyst is the October 15 earnings release, when investors will focus on revenue growth, gross-margin guidance and the pace of the 2nm production ramp. TSMC Is Set Up for a Big October 15
• Negative Sentiment: Expectations are increasingly high, and margin performance may determine the market reaction. Investors are concerned that costs associated with expanding advanced-node capacity could pressure margins, while the stock’s strong run leaves less room for an earnings disappointment. TSMC Q3 Preview: The Margin Guide Matters More Than the Print

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world’s largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.

TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.