Geode Capital Management LLC Acquires 32,623 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Geode Capital Management LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 4.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 747,801 shares of the semiconductor company’s stock after acquiring an additional 32,623 shares during the quarter. Geode Capital Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $227,249,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Fidelis Capital Partners LLC lifted its position in Taiwan Semiconductor Manufacturing by 27.7% in the 4th quarter. Fidelis Capital Partners LLC now owns 6,964 shares of the semiconductor company’s stock worth $2,116,000 after buying an additional 1,509 shares during the last quarter. King Luther Capital Management Corp lifted its position in Taiwan Semiconductor Manufacturing by 1.6% in the 4th quarter. King Luther Capital Management Corp now owns 6,319 shares of the semiconductor company’s stock worth $1,920,000 after buying an additional 99 shares during the last quarter. Key Financial Inc lifted its position in Taiwan Semiconductor Manufacturing by 11.9% in the 4th quarter. Key Financial Inc now owns 1,005 shares of the semiconductor company’s stock worth $305,000 after buying an additional 107 shares during the last quarter. Syverson Strege & Co bought a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $205,000. Finally, Roundview Capital LLC lifted its position in Taiwan Semiconductor Manufacturing by 1.5% in the 4th quarter. Roundview Capital LLC now owns 77,152 shares of the semiconductor company’s stock worth $23,446,000 after buying an additional 1,118 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $446.09 on Wednesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.49 and a quick ratio of 2.31. The business’s 50 day simple moving average is $380.19 and its two-hundred day simple moving average is $343.92. The stock has a market capitalization of $2.31 trillion, a P/E ratio of 37.11, a price-to-earnings-growth ratio of 1.27 and a beta of 1.38. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $193.64 and a one year high of $449.39.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 EPS for the quarter. The business had revenue of $30.65 billion for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 36.81% and a net margin of 46.97%. Analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.28 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently declared 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. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $4.45 dividend on an annualized basis and a yield of 1.0%. Taiwan Semiconductor Manufacturing’s payout ratio is presently 24.71%.

Insider Buying and Selling

In other Taiwan Semiconductor Manufacturing news, VP Tzu-Sou Chuang sold 200,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total value of $13,966,000.00. Following the transaction, the vice president directly owned 2,495,165 shares of the company’s stock, valued at $174,237,371.95. The trade was a 7.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Bor-Zen Tien purchased 2,000 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was bought at an average cost of $69.91 per share, for a total transaction of $139,820.00. Following the completion of the purchase, the vice president directly owned 11,051 shares in the company, valued at approximately $772,575.41. This trade represents a 22.10% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 3,346 shares of company stock worth $218,005 over the last ninety days. Insiders own 1.11% of the company’s stock.

Analysts Set New Price Targets

TSM has been the subject of a number of recent research reports. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Sunday, March 22nd. DA Davidson restated a “buy” rating and issued a $450.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 17th. Zacks Research downgraded Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Barclays boosted their target price on Taiwan Semiconductor Manufacturing from $450.00 to $470.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Finally, Needham & Company LLC boosted their target price on Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $404.29.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC is trading in or near a buy zone as the broader market rally and strong momentum in AI-related semiconductor stocks support the shares. Dow Jones AI Giant Caterpillar, Nvidia Chipmaker TSMC In Or Near Buy Zones
• Positive Sentiment: Nvidia’s stronger outlook after CEO Jensen Huang’s Computex keynote is lifting optimism around key suppliers like TSMC, since the company benefits from demand for advanced AI chips and manufacturing capacity. Why Is Nvidia (NVDA) Stock Soaring Today
• Positive Sentiment: TSMC is being highlighted in multiple AI and semiconductor watchlists, reinforcing the view that investors see it as a core winner from ongoing AI infrastructure spending. Zacks Investment Ideas feature highlights: NVIDIA, HubSpot, Fluence Energy, CoreWeave and Taiwan
• Neutral Sentiment: Hedge-fund ownership remains a point of interest, but this item does not point to a clear near-term catalyst by itself. Taiwan Semiconductor (TSM): One of the Most Owned Stocks by Hedge Funds?
• Neutral Sentiment: Analysts and market commentary continue to debate valuation and whether the stock is overextended after its strong run, which may cap enthusiasm even as fundamentals stay strong. Is Taiwan Semiconductor Manufacturing Co Ltd (TSM) Overvalued After 4.1% Rally? GF Value Says Overvalued
• Negative Sentiment: TSMC’s reported 15% price increase for 3nm chips could squeeze some customers’ margins, even though it also signals tight supply and strong AI demand. TSMC’s Price Hike Is Bad For Nvidia Margins — And Potentially Great For Nvidia Stock
• Negative Sentiment: TSMC’s ADR premium falling as Taiwan-listed shares outperform suggests some relative valuation compression for the U.S.-traded shares. TSMC ADR Premium Falls To Two-Year Low As Taipei Shares Surge

Taiwan Semiconductor Manufacturing Company 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.