Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Bought by Diversified Trust Co

Diversified Trust Co raised its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 19.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 75,214 shares of the semiconductor company’s stock after buying an additional 12,507 shares during the period. Taiwan Semiconductor Manufacturing makes up about 0.7% of Diversified Trust Co’s investment portfolio, making the stock its 19th largest holding. Diversified Trust Co’s holdings in Taiwan Semiconductor Manufacturing were worth $34,312,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Fiduciary Advisors Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 200.0% during the third quarter. Fiduciary Advisors Inc. now owns 60 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 40 shares during the last quarter. Cedar Mountain Advisors LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 88.2% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 64 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 30 shares during the period. Markowski Investments acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $33,000. Heritage Family Offices LLP purchased a new position in Taiwan Semiconductor Manufacturing in the 3rd quarter worth about $37,000. Finally, Curry Webb Wealth Management LLC purchased a new position in Taiwan Semiconductor Manufacturing in the 3rd quarter worth about $39,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Insider Activity

In related news, VP Lipen Yuan purchased 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction dated Sunday, November 1st. The stock was acquired at an average cost of $71.49 per share, with a total value of $71,490.00. Following the completion of the transaction, the vice president directly owned 8,000 shares of the company’s stock, valued at $571,920. This trade represents a 14.29% 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 this hyperlink. Also, Director Michael R. Splinter purchased 840 shares of the firm’s stock in a transaction that occurred on Thursday, November 5th. The shares were bought at an average price of $357.00 per share, with a total value of $299,880.00. Following the completion of the acquisition, the director owned 8,405 shares of the company’s stock, valued at $3,000,585. This trade represents a 11.10% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have acquired 7,869 shares of company stock worth $823,771. Company insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

TSM opened at $399.50 on Friday. The firm has a market capitalization of $2.07 trillion, a P/E ratio of 25.71, a PEG ratio of 0.81 and a beta of 1.44. The stock has a fifty day moving average of $430.12 and a 200-day moving average of $402.49. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $266.82 and a 12-month high of $487.47.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share for the quarter, beating analysts’ consensus estimates of $4.45 by $0.15. The business had revenue of $46.72 billion for the quarter, compared to the consensus estimate of $45.67 billion. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. 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 company posted $2.92 earnings per share. Equities analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.36 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 8th. Shareholders of record on Thursday, March 11th will be paid a dividend of $1.3663 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.0854. The ex-dividend date of this dividend is Thursday, March 11th. This represents a $5.47 annualized dividend and a yield of 1.4%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 22.27%.

Analysts Set New Price Targets

TSM has been the topic of several recent analyst reports. Needham & Company LLC boosted their price objective on Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a “buy” rating in a report on Thursday, October 15th. Weiss Ratings cut shares of Taiwan Semiconductor Manufacturing from a “buy (b)” rating to a “hold (c+)” rating in a report on Wednesday, November 4th. Sanford C. Bernstein raised their target price on shares of Taiwan Semiconductor Manufacturing from $554.00 to $600.00 and gave the stock an “outperform” rating in a report on Wednesday, November 4th. DA Davidson reissued a “buy” rating and issued a $500.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 16th. Finally, Stifel Nicolaus began coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, September 1st. They set a “buy” rating and a $515.00 price target on the stock. Three 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. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $533.89.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

Investors following TSM have been watching these headlines:

• Positive Sentiment: TSMC reported record October revenue of NT$586.89 billion, up 59.7% year over year. The strong growth points to continued demand for AI chips and supports expectations that the company’s capacity investments can sustain expansion. Article: TSMC Just Booked a Record NT$587 Billion Month
• Positive Sentiment: The company announced an approximately 41% year-over-year increase in its quarterly dividend to about $1.37 per ADS, a positive signal for shareholder returns, though the higher payout is not expected to be reflected immediately in distributions. TSMC dividend information
• Negative Sentiment: TSMC confirmed that current and former employees’ personal data was exposed through a cloud provider. Reports say hackers are demanding 3 bitcoin over about 46,000 records, raising cybersecurity and reputational concerns. Article: TSMC Confirms Employee Data Leak Through Cloud Provider

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company (TSMC) is a semiconductor foundry that manufactures chips designed by other companies. It provides wafer fabrication and related services, including advanced packaging, serving customers across industries such as computing, communications, automotive and consumer electronics. Founded in 1987 and headquartered in Hsinchu, Taiwan, TSMC helped establish the dedicated foundry model, in which a manufacturer focuses on producing semiconductors for customers rather than selling its own chip designs.