Fairfield Financial Advisors LTD boosted its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 16.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 8,637 shares of the semiconductor company’s stock after buying an additional 1,237 shares during the period. Taiwan Semiconductor Manufacturing makes up approximately 1.4% of Fairfield Financial Advisors LTD’s holdings, making the stock its 17th biggest holding. Fairfield Financial Advisors LTD’s holdings in Taiwan Semiconductor Manufacturing were worth $3,940,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of TSM. Investment Planning Advisors Inc. lifted its stake in Taiwan Semiconductor Manufacturing by 27.0% in the third quarter. Investment Planning Advisors Inc. now owns 1,267 shares of the semiconductor company’s stock valued at $578,000 after buying an additional 269 shares in the last quarter. Adirondack Trust Co. boosted its position in shares of Taiwan Semiconductor Manufacturing by 20.4% during the third quarter. Adirondack Trust Co. now owns 667 shares of the semiconductor company’s stock worth $304,000 after buying an additional 113 shares during the period. Lodestone Wealth Management LLC boosted its position in Taiwan Semiconductor Manufacturing by 2.5% during the 3rd quarter. Lodestone Wealth Management LLC now owns 3,312 shares of the semiconductor company’s stock worth $1,511,000 after acquiring an additional 81 shares during the last quarter. Three Magnolias Financial Advisors LLC lifted its position in Taiwan Semiconductor Manufacturing by 17.4% during the 3rd quarter. Three Magnolias Financial Advisors LLC now owns 607 shares of the semiconductor company’s stock worth $277,000 after buying an additional 90 shares in the last quarter. Finally, N10 Wealth LLC boosted its position in Taiwan Semiconductor Manufacturing by 23.0% during the third quarter. N10 Wealth LLC now owns 49,927 shares of the semiconductor company’s stock valued at $22,776,000 after purchasing an additional 9,326 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages have recently commented on TSM. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, October 7th. TD Cowen lifted their price objective on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a report on Friday, July 17th. Barclays raised their price objective on Taiwan Semiconductor Manufacturing from $650.00 to $665.00 and gave the company an “overweight” rating in a research note on Tuesday, October 6th. Bank of America boosted 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. Finally, Sanford C. Bernstein upped their price target on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, August 11th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $524.89.
Taiwan Semiconductor Manufacturing Stock Down 3.0%
TSM stock traded down $13.16 during mid-day trading on Wednesday, reaching $431.96. 7,328,378 shares of the company traded hands, compared to its average volume of 12,991,842. The stock has a market cap of $2.24 trillion, a price-to-earnings ratio of 31.17, a P/E/G ratio of 0.98 and a beta of 1.37. The firm’s 50 day moving average price is $434.46 and its 200 day moving average price is $415.74. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $266.82 and a fifty-two week high of $487.47. 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 (NYSE:TSM – Get Free Report) last released its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. The company had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%. As a group, equities research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.60 EPS for the current fiscal year.
Taiwan Semiconductor Manufacturing Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be given a dividend of $1.0854 per share. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $4.34 dividend on an annualized basis and a dividend yield of 1.0%. This is a drop from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing’s payout ratio is currently 24.96%.
Key Taiwan Semiconductor Manufacturing News
Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:
- Positive Sentiment: AI demand is expected to drive roughly 50% year-over-year revenue growth, with analysts at JPMorgan and Citigroup anticipating additional gains after another record quarter. TSMC’s dominant position in advanced-chip manufacturing remains a major competitive advantage. MarketWatch earnings preview
- Positive Sentiment: Recent revenue trends, pricing power and expanding production capacity have increased expectations for stronger 2027 growth. Erste Group also raised its FY2026 and FY2027 EPS forecasts to $16.92 and $22.26, respectively. Fool investment outlook
- Positive Sentiment: TSMC’s approximately 73% foundry share and roughly 90% share of advanced-chip manufacturing support pricing power, high margins and long-term AI exposure. Seeking Alpha earnings preview
Insider Activity
In other news, VP Bor-Zen Tien purchased 3,000 shares of the business’s stock in a transaction dated Tuesday, July 21st. The stock was bought at an average price of $74.39 per share, for a total transaction of $223,170.00. Following the purchase, the vice president owned 4,000 shares of the company’s stock, valued at $297,560. The trade was a 300.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Shyue-Shyh Lin acquired 2,000 shares of the firm’s stock in a transaction that occurred on Sunday, July 19th. The stock was purchased at an average cost of $71.71 per share, with a total value of $143,420.00. Following the acquisition, the vice president 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 bought 16,043 shares of company stock valued at $1,185,746 in the last 90 days. Insiders own 1.11% of the company’s stock.
Taiwan Semiconductor Manufacturing Company Profile
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world’s largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.
TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.
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