Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock: Summit Wealth Group LLC Co. Grows Position

Summit Wealth Group LLC Co. increased its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 54.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 6,619 shares of the semiconductor company’s stock after buying an additional 2,323 shares during the quarter. Summit Wealth Group LLC Co.’s holdings in Taiwan Semiconductor Manufacturing were worth $3,020,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in TSM. Cooper Financial Group boosted its stake in shares of Taiwan Semiconductor Manufacturing by 0.3% during the 3rd quarter. Cooper Financial Group now owns 6,313 shares of the semiconductor company’s stock worth $2,880,000 after acquiring an additional 22 shares in the last quarter. Dickmeyer Boyce Financial Management Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 0.7% during the 3rd quarter. Dickmeyer Boyce Financial Management Inc. now owns 3,459 shares of the semiconductor company’s stock worth $1,578,000 after purchasing an additional 23 shares during the period. Whelan Financial increased its position in shares of Taiwan Semiconductor Manufacturing by 2.3% during the third quarter. Whelan Financial now owns 1,040 shares of the semiconductor company’s stock valued at $474,000 after purchasing an additional 23 shares during the period. Plan A Wealth LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 0.9% during the third quarter. Plan A Wealth LLC now owns 2,735 shares of the semiconductor company’s stock valued at $1,248,000 after purchasing an additional 24 shares during the period. Finally, Graves Light Lenhart Wealth Inc. raised its stake in shares of Taiwan Semiconductor Manufacturing by 3.4% in the 2nd quarter. Graves Light Lenhart Wealth Inc. now owns 752 shares of the semiconductor company’s stock valued at $359,000 after buying an additional 25 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan acquired 350 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were acquired at an average price of $73.58 per share, with a total value of $25,753.00. Following the purchase, the vice president owned 2,000 shares of the company’s stock, valued at $147,160. This represents a 21.21% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Over the last 90 days, insiders acquired 6,043 shares of company stock worth $457,926. Company insiders own 1.11% of the company’s stock.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Strong demand for advanced chips and AI infrastructure continues to support TSMC’s outlook. Recent coverage highlights a 33.2% one-year gain, advanced technology leadership, global manufacturing expansion and third-quarter revenue growth of 41.2%. TSM Soars 33% in the Past Year: Is It a Solid Investment Proposition?
• Positive Sentiment: Analysts’ average price target of $528.78 implies further upside from the reported trading level, reinforcing the bullish view based on TSMC’s earnings power and AI exposure. Taiwan Semiconductor Manufacturing Company Ltd. Stock Has Average Price Target of $528.78 According to Analysts
• Positive Sentiment: TSMC could gain a larger role in Elon Musk’s proposed Terafab venture if Musk softens his reported demand for control, potentially creating an additional strategic opportunity for the chipmaker. Musk may soften Terafab control stance in fresh TSMC talks
• Neutral Sentiment: Investors are also assessing TSMC’s continued investment in Taiwan and its expanding overseas manufacturing footprint, which may strengthen supply-chain resilience but require substantial capital spending. What’s Going on With Taiwan Semiconductor Stock on Monday?
• Negative Sentiment: Eight ETFs sold a net $81 million of TSMC shares, adding near-term supply and potentially weighing on the stock despite its strong long-term fundamentals. 8 ETFs Cut Taiwan Semiconductor Holdings

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on TSM shares. TD Cowen increased their target price on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a “hold” rating in a report on Friday, July 17th. Needham & Company LLC increased their price target on shares of Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the company a “buy” rating in a research note on Thursday, October 15th. DA Davidson reaffirmed a “buy” rating and set a $500.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 16th. Sanford C. Bernstein raised their price target on Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. Finally, Stifel Nicolaus initiated coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, September 1st. They issued a “buy” rating and a $515.00 price target on the stock. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $528.78.

Taiwan Semiconductor Manufacturing Stock Down 1.8%

Shares of NYSE:TSM opened at $398.71 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $266.82 and a 52 week high of $487.47. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46. The company has a market capitalization of $2.07 trillion, a PE ratio of 25.66, a PEG ratio of 0.89 and a beta of 1.37. The company has a 50 day moving average price of $434.60 and a two-hundred day moving average price of $399.83.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share for the quarter, topping the consensus estimate of $4.45 by $0.15. The company had revenue of $46.72 billion for 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%. The business’s revenue for the quarter was up 41.2% compared to the same quarter last year. During the same period last year, the business posted $2.92 earnings per share. Analysts forecast 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 disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Investors 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 1.1%. This is a decrease from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 22.27%.

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.