3,006 Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Baskin Financial Services Inc.

Baskin Financial Services Inc. cut its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 2.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 123,941 shares of the semiconductor company’s stock after selling 3,006 shares during the period. Taiwan Semiconductor Manufacturing comprises approximately 4.6% of Baskin Financial Services Inc.’s portfolio, making the stock its 5th largest position. Baskin Financial Services Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $56,541,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Brookstone Capital Management boosted its position in Taiwan Semiconductor Manufacturing by 87.3% during the second quarter. Brookstone Capital Management now owns 25,143 shares of the semiconductor company’s stock valued at $12,008,000 after buying an additional 11,719 shares during the period. Y Intercept Hong Kong Ltd increased its holdings in shares of Taiwan Semiconductor Manufacturing by 273.2% in the first quarter. Y Intercept Hong Kong Ltd now owns 81,189 shares of the semiconductor company’s stock worth $27,438,000 after buying an additional 59,435 shares during the period. Opal Capital LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 72.5% in the first quarter. Opal Capital LLC now owns 27,767 shares of the semiconductor company’s stock worth $9,384,000 after buying an additional 11,666 shares during the period. Western Wealth Management LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 27.4% in the first quarter. Western Wealth Management LLC now owns 27,954 shares of the semiconductor company’s stock worth $9,447,000 after buying an additional 6,013 shares during the period. Finally, Elevation Point Wealth Partners LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 306.7% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 52,397 shares of the semiconductor company’s stock valued at $17,728,000 after acquiring an additional 39,514 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Up 2.3%

Shares of Taiwan Semiconductor Manufacturing stock traded up $9.63 during trading on Monday, reaching $422.24. 7,025,458 shares of the stock were exchanged, compared to its average volume of 13,067,548. 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 firm has a market cap of $2.19 trillion, a price-to-earnings ratio of 27.16, a price-to-earnings-growth ratio of 0.85 and a beta of 1.37. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $266.82 and a 1 year high of $487.47. The stock’s fifty day moving average is $434.71 and its 200 day moving average is $417.82.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Tuesday, September 8th. The semiconductor company reported $4.62 earnings per share (EPS) for the quarter. The company had revenue of $46.87 billion for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. As a group, equities research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.90 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be given a $1.0854 dividend. The ex-dividend date is Thursday, December 10th. This represents a $4.34 dividend on an annualized basis and a dividend yield of 1.0%. This is a decrease from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 22.27%.

Insider Transactions at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Shyue-Shyh Lin bought 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 21st. The stock was bought at an average price of $74.13 per share, for a total transaction of $74,130.00. Following the completion of the acquisition, the vice president directly owned 30,269 shares in the company, valued at $2,243,840.97. The trade was a 3.42% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Lipen Yuan purchased 350 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was acquired at an average cost of $73.58 per share, with a total value of $25,753.00. Following the purchase, the vice president directly owned 2,000 shares of the company’s stock, valued at $147,160. This trade represents a 21.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders have acquired 13,043 shares of company stock worth $970,386. 1.11% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on TSM shares. Needham & Company LLC increased their target price on Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the company a “buy” rating in a report on Thursday. Wall Street Zen cut Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Bank of America lifted their price target on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Sanford C. Bernstein boosted their price objective on Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, August 11th. Finally, DA Davidson reissued a “buy” rating and set a $500.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $528.78.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: AI and high-performance computing demand remain the key catalyst. High-performance computing generated 68% of quarterly revenue and is growing faster than TSMC’s overall business, reinforcing the company’s position as the leading manufacturer for AI processors. The Most Important Number in Taiwan Semiconductor’s Earnings Report Was 68%
• Positive Sentiment: Nvidia’s next-generation memory plans could create additional business for TSMC. Reports indicate Nvidia wants Samsung, Micron and SK Hynix to use TSMC’s 3-nanometer process for high-bandwidth-memory base dies, potentially broadening TSMC’s role in AI chip production. Nvidia Wants Top Memory Makers to Use TSMC for Next-Gen HBM Base Dies
• Positive Sentiment: Capacity expansion signals confidence in multiyear demand. TSMC plans to spend approximately $60 billion to $64 billion on factories and equipment this year, while management expects elevated capital spending through 2028. CEO C.C. Wei also said AI chip demand remains well above available supply. TSMC Is Spending up to $64 Billion This Year
• Neutral Sentiment: Potential U.S. manufacturing partnerships could expand TSMC’s footprint. TSMC is reportedly discussing a possible tie-up with Elon Musk-backed Terafab, although any arrangement would depend on TSMC retaining operational control. Taiwan Semiconductor Could Partner With Elon Musk’s Terafab
• Negative Sentiment: Investors remain concerned about valuation, execution and sector-wide AI fears. TSMC has faced pressure alongside Asian chip stocks despite calling demand robust. The ramp of its N2 technology may weigh on margins, while the large capital-spending program increases execution and return-on-investment risks. TSMC Gets Sold on AI Fears Four Days After Calling Demand Extremely Robust

Taiwan Semiconductor Manufacturing Profile

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a dedicated semiconductor foundry headquartered in Hsinchu, Taiwan. The company manufactures integrated circuits for customers that design their own chips, allowing semiconductor, electronics, and technology companies to outsource production rather than operate their own fabrication facilities.

TSMC provides wafer fabrication services across a broad range of process technologies, including advanced nodes used in high-performance computing, smartphones, automotive systems, and artificial intelligence applications.