Central Pacific Bank Trust Division Purchases 3,077 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Central Pacific Bank Trust Division lifted its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 69.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,479 shares of the semiconductor company’s stock after buying an additional 3,077 shares during the period. Central Pacific Bank Trust Division’s holdings in Taiwan Semiconductor Manufacturing were worth $3,572,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Tiger Global Management LLC boosted its stake in Taiwan Semiconductor Manufacturing by 49.4% in the first quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company’s stock valued at $1,880,717,000 after acquiring an additional 1,839,600 shares in the last quarter. Van ECK Associates Corp increased its position in shares of Taiwan Semiconductor Manufacturing by 11.1% during the fourth quarter. Van ECK Associates Corp now owns 17,464,962 shares of the semiconductor company’s stock worth $5,307,428,000 after purchasing an additional 1,750,824 shares in the last quarter. Life Cycle Investment Partners Ltd acquired a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth $495,163,000. T. Rowe Price Investment Management Inc. increased its position in shares of Taiwan Semiconductor Manufacturing by 168.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,093,115 shares of the semiconductor company’s stock worth $636,077,000 after purchasing an additional 1,313,917 shares in the last quarter. Finally, SurgoCap Partners LP purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter valued at $360,443,000. Institutional investors own 16.51% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on TSM shares. Bank of America raised their price objective on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Weiss Ratings upgraded shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, July 28th. TD Cowen boosted their target price on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Needham & Company LLC upped their price target on shares of Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the company a “buy” rating in a research note on Monday, July 27th. Finally, Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing has an average rating of “Buy” and a consensus target price of $496.25.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: A sharp rebound across semiconductor ETFs highlighted renewed demand for AI-related chip stocks, providing a favorable backdrop for TSM as the leading advanced-chip foundry. Semiconductor ETFs Surge up to 19% in Huge Rally as the AI Trade Ramps Back Up
• Positive Sentiment: Analyst and investor commentary continues to identify TSM as a key beneficiary of sustained AI infrastructure spending, alongside Nvidia and SK Hynix. That supports expectations for continued demand for TSM’s advanced manufacturing capacity. 3 Stocks to Buy as AI Infrastructure Continues to Surge
• Positive Sentiment: A Taiwan Semiconductor vice president purchased 1,000 shares, increasing the executive’s holdings by 7.66%. Although modest relative to TSM’s market value, the insider purchase may be viewed as a vote of confidence. TSM Insider Purchase
• Neutral Sentiment: MediaTek’s plan to capture a larger share of the custom AI-chip market could expand overall foundry demand, but it also signals intensifying competition for AI-chip manufacturing and design wins. MediaTek Wants 20% of Custom AI Chips
• Negative Sentiment: Recent market commentary noted that Asia-focused hedge funds suffered heavily during July’s technology selloff. This underscores continued volatility and the risk that profit-taking or renewed concerns about elevated semiconductor valuations could pressure TSM. Asia Hedge Funds Suffer Widespread Losses in July Market Rout

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In related news, VP Tzu-Sou Chuang sold 200,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $69.83, for a total value of $13,966,000.00. Following the transaction, the vice president owned 2,495,165 shares in the company, valued at approximately $174,237,371.95. This represents a 7.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Shyue-Shyh Lin purchased 2,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Sunday, July 19th. The shares were acquired at an average cost of $71.71 per share, with a total value of $143,420.00. Following the completion of the transaction, the vice president directly owned 28,269 shares in the company, valued at $2,027,169.99. The trade was a 7.61% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 16,857 shares of company stock worth $1,240,154 in the last 90 days. Corporate insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM opened at $417.21 on Wednesday. The stock has a 50-day moving average of $427.26 and a two-hundred day moving average of $385.81. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $223.70 and a one year high of $479.00. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.25 and a current ratio of 2.46. The stock has a market cap of $2.16 trillion, a P/E ratio of 30.10, a P/E/G ratio of 0.93 and a beta of 1.38.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.37% and a net margin of 50.31%.The business had revenue of $39.89 billion for the quarter. As a group, research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be given a $1.1136 dividend. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. This represents a $4.45 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, September 16th. Taiwan Semiconductor Manufacturing’s payout ratio is currently 21.43%.

About Taiwan Semiconductor Manufacturing

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.