Northeast Investment Management Buys 11,368 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Northeast Investment Management grew its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 19.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 69,418 shares of the semiconductor company’s stock after buying an additional 11,368 shares during the period. Taiwan Semiconductor Manufacturing makes up 1.1% of Northeast Investment Management’s investment portfolio, making the stock its 24th biggest position. Northeast Investment Management’s holdings in Taiwan Semiconductor Manufacturing were worth $31,668,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in TSM. Chicago Partners Investment Group LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 19.3% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 9,070 shares of the semiconductor company’s stock worth $3,796,000 after purchasing an additional 1,465 shares during the period. Richardson Financial Services Inc. boosted its stake in shares of Taiwan Semiconductor Manufacturing by 5.9% in the 3rd quarter. Richardson Financial Services Inc. now owns 597 shares of the semiconductor company’s stock valued at $272,000 after purchasing an additional 33 shares during the last quarter. Caldwell Trust Co boosted its stake in shares of Taiwan Semiconductor Manufacturing by 11.3% in the 3rd quarter. Caldwell Trust Co now owns 24,521 shares of the semiconductor company’s stock valued at $11,186,000 after purchasing an additional 2,484 shares during the last quarter. JCIC Asset Management Inc. increased its position in shares of Taiwan Semiconductor Manufacturing by 0.7% during the third quarter. JCIC Asset Management Inc. now owns 17,840 shares of the semiconductor company’s stock worth $8,138,000 after buying an additional 118 shares during the period. Finally, Third View Private Wealth LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 21.9% during the third quarter. Third View Private Wealth LLC now owns 16,808 shares of the semiconductor company’s stock worth $7,668,000 after buying an additional 3,016 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on TSM shares. Weiss Ratings raised shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b)” rating in a research note on Wednesday, October 21st. Sanford C. Bernstein upped their price target on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, August 11th. Zacks Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Needham & Company LLC lifted their price objective on Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a “buy” rating in a research report on Thursday, October 15th. Finally, Stifel Nicolaus assumed coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, September 1st. They issued a “buy” rating and a $515.00 price objective on the stock. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $528.78.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Industry commentary says strong semiconductor sales and AI infrastructure spending could benefit TSMC. As the foundry for chip designers including Nvidia, AMD, Apple and Broadcom, TSMC can participate in demand across multiple AI-chip makers. Article: 4 Semiconductor Stocks to Buy as Q3 Sales Soar on Robust AI Demand
• Positive Sentiment: A comparison of TSMC and ASML highlights TSMC’s advanced-chip manufacturing exposure to AI demand. Separate commentary also points to the potential of its next-generation process technology, though these are investment themes rather than new company guidance. Article: Better AI Semiconductor Monopoly Stock: Taiwan Semiconductor vs. ASML
• Positive Sentiment: Vice President Lipen Yuan reportedly bought 1,000 shares, increasing his direct holding by 14.29%. The insider purchase may signal confidence, though it is small relative to TSMC’s scale. Article: Taiwan Semiconductor Manufacturing VP Buys Stock
• Negative Sentiment: The approaching November sales update may keep investors cautious: the report is the first monthly reading of the new quarter, with $53.3 billion cited as the quarterly revenue hurdle. Article: TSMC Stocks Move Lower as November Sales Data Face a $53.3 Billion Quarterly Hurdle
• Negative Sentiment: Broader retreat from AI shares, including reports that hedge funds have turned underweight the sector, could weigh on TSMC despite its company-specific AI exposure. Article: AI Stocks Lose $5 Trillion in 3 Weeks as Hedge Funds Go Underweight AI

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock opened at $394.81 on Thursday. The stock has a market capitalization of $2.05 trillion, a price-to-earnings ratio of 25.41, a PEG ratio of 0.82 and a beta of 1.44. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $266.82 and a 52-week high of $487.47. The stock’s 50 day moving average price is $434.04 and its two-hundred day moving average price is $400.48. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings data on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share for the quarter, beating the consensus estimate of $4.45 by $0.15. The company had revenue of $46.72 billion during the quarter, compared to analyst estimates of $45.67 billion. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. Taiwan Semiconductor Manufacturing’s revenue for the quarter was up 41.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.92 EPS. On average, equities analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be paid a dividend of $1.0854 per share. This is a decrease from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $4.34 dividend on an annualized basis and a yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 22.07%.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In other news, VP Lipen Yuan bought 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were bought at an average cost of $74.50 per share, for a total transaction of $74,500.00. Following the acquisition, the vice president directly owned 6,000 shares in the company, valued at approximately $447,000. This trade represents a 20.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders purchased 7,043 shares of company stock worth $529,416 over the last quarter. 1.11% of the stock is owned by corporate insiders.

Taiwan Semiconductor Manufacturing Company 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.