Kingsview Wealth Management LLC Buys 1,532 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Kingsview Wealth Management LLC increased its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 10.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,585 shares of the semiconductor company’s stock after purchasing an additional 1,532 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $4,632,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of TSM. Heartwood Wealth Advisors LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing during the third quarter valued at $32,000. Fairman Group LLC lifted its stake in Taiwan Semiconductor Manufacturing by 171.2% in the third quarter. Fairman Group LLC now owns 141 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 89 shares during the period. Resources Management Corp CT ADV bought a new position in Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $32,000. Delta Asset Management LLC TN increased its position in Taiwan Semiconductor Manufacturing by 50.0% during the 3rd quarter. Delta Asset Management LLC TN now owns 150 shares of the semiconductor company’s stock valued at $42,000 after purchasing an additional 50 shares during the period. Finally, Navigoe LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter valued at about $42,000. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TSM has been the topic of a number of recent research reports. DA Davidson upgraded shares of Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research note on Friday, February 13th. TD Cowen increased their target price on Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the company a “hold” rating in a research report on Friday, January 16th. Barclays lifted their price target on Taiwan Semiconductor Manufacturing from $380.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Needham & Company LLC upped their price objective on Taiwan Semiconductor Manufacturing from $360.00 to $410.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. Finally, Freedom Capital upgraded Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research note on Thursday, January 15th. Four research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $391.43.

Taiwan Semiconductor Manufacturing Trading Down 4.3%

Shares of NYSE:TSM opened at $353.14 on Wednesday. The business’s 50-day moving average is $340.04 and its 200 day moving average is $300.14. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.62 and a quick ratio of 2.42. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $390.20. The firm has a market capitalization of $1.83 trillion, a P/E ratio of 33.16, a P/E/G ratio of 1.03 and a beta of 1.29.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Thursday, February 26th. The semiconductor company reported $3.11 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 34.89% and a net margin of 45.13%.The business had revenue of $30.65 billion for the quarter. On average, research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 11th will be paid a dividend of $0.9503 per share. The ex-dividend date is Thursday, June 11th. This represents a $3.80 dividend on an annualized basis and a yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 23.57%.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: ASML’s advance in High-NA EUV lithography strengthens the long-term capacity and technology roadmap for leaders like TSMC — a structural tailwind for advanced-node demand. Read More.
• Neutral Sentiment: Weekly market commentary picked integrated circuit foundries (the sector TSMC sits in) as a focus for the week, reflecting ongoing investor interest but not new company-specific catalysts. Read More.
• Negative Sentiment: Headline-driven risk-off: escalating Iran-related headlines accelerated a tech selloff and drove flows out of cyclical and high-valuation names, pressuring TSMC. Read More.
• Negative Sentiment: Institutional repositioning: several large fund holders trimmed TSMC exposure in recent filings, a dynamic cited in market write-ups as amplifying the stock’s decline. That institutional selling raises near-term supply in the market. Read More.
• Negative Sentiment: Profit-taking and sector spillover: analysts and market trackers note the move looks like profit-taking after a strong AI-driven run; semiconductor bellwethers’ post-earnings volatility can spill over to suppliers such as TSMC. Read More.

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.