KMG Fiduciary Partners LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 318.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 5,820 shares of the semiconductor company’s stock after buying an additional 4,429 shares during the period. KMG Fiduciary Partners LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $2,780,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in TSM. Fisher Asset Management LLC raised its position in Taiwan Semiconductor Manufacturing by 1.8% in the fourth quarter. Fisher Asset Management LLC now owns 18,146,900 shares of the semiconductor company’s stock valued at $5,514,662,000 after purchasing an additional 313,773 shares during the period. Van ECK Associates Corp boosted its position in shares of Taiwan Semiconductor Manufacturing by 11.1% in 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 buying an additional 1,750,824 shares during the period. Bank of America Corp DE boosted its position in shares of Taiwan Semiconductor Manufacturing by 6.5% in the fourth quarter. Bank of America Corp DE now owns 15,902,819 shares of the semiconductor company’s stock worth $4,832,708,000 after buying an additional 966,926 shares during the period. Jennison Associates LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 6.4% in the fourth quarter. Jennison Associates LLC now owns 13,394,299 shares of the semiconductor company’s stock valued at $4,070,393,000 after buying an additional 802,757 shares in the last quarter. Finally, Coatue Management LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 6.9% in the fourth quarter. Coatue Management LLC now owns 8,629,524 shares of the semiconductor company’s stock valued at $2,622,426,000 after buying an additional 556,988 shares in the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
TSM has been the topic of several recent research reports. TD Cowen boosted their price target on 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 lifted their price objective 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. Wall Street Zen cut shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Barclays upped their target price on shares of Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the company an “overweight” rating in a research note on Friday, July 17th. Finally, Weiss Ratings raised shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, July 28th. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $496.25.
More Taiwan Semiconductor Manufacturing News
Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:
- Positive Sentiment: July revenue surged 44.7% year over year. TSMC reported approximately NT$467.58 billion ($14.5 billion) in July sales, up 5.6% from June. The result exceeded the company’s full-year growth outlook and reinforces expectations that demand for AI accelerators and advanced chips remains robust. World’s biggest chipmaker TSMC’s sales surge 45% amid buoyant AI demand
- Positive Sentiment: Microsoft’s planned Maia 300 expansion could create substantial future demand. Reports indicate Microsoft is seeking significantly greater TSMC capacity for its next-generation in-house AI chips, potentially exceeding 300,000 units and eventually reaching more than one million. Packaging and component availability remain constraints, but the program highlights TSMC’s role as a key supplier to hyperscalers. Microsoft plans Maia 300 chip reveal in September
- Positive Sentiment: TSMC and Sony are planning a roughly $6.3 billion image-sensor venture in Japan. The project, expected to begin commercial production as early as 2029, could diversify TSMC’s growth beyond computing into smartphone, automotive, robotics and physical-AI applications. Sony, TSMC to spend $6.3 billion jointly make image sensors
- Positive Sentiment: Strong TSMC sales also lifted sentiment toward semiconductor-equipment suppliers, signaling potential increases in wafer-fabrication investment as the company expands advanced capacity. Chip equipment stocks rise after Taiwan Semiconductor revenue surges 45%
- Neutral Sentiment: Multiple senior TSMC executives, including the CEO, COO and CFO, reported small open-market purchases. The buying may signal management confidence, but the transactions were modest relative to the company’s market capitalization.
- Negative Sentiment: Investors appear to have already priced in exceptional AI growth. Despite the record sales increase, TSM shares have struggled for direction, suggesting the strong report was largely anticipated. The stock also trades at a comparatively demanding valuation, increasing sensitivity to any slowdown.
- Negative Sentiment: U.S. lawmakers are urging tighter controls on advanced-chip shipments to Chinese customers. Additional compliance requirements or restrictions could limit some business opportunities and increase geopolitical risk for TSMC. Key Republican urges US to stop advanced chips reaching sanctioned Chinese firms
Taiwan Semiconductor Manufacturing Trading Down 0.2%
NYSE TSM opened at $419.34 on Tuesday. The company has a market capitalization of $2.17 trillion, a price-to-earnings ratio of 30.26, a price-to-earnings-growth ratio of 0.96 and a beta of 1.39. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.46 and a quick ratio of 2.25. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $223.70 and a 12 month high of $479.00. The company’s fifty day moving average price is $426.67 and its two-hundred day moving average price is $388.05.
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 for the quarter. The company had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.37%. As a group, research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 earnings per share for the current fiscal year.
Insider Transactions at Taiwan Semiconductor Manufacturing
In other news, VP Lipen Yuan acquired 1,000 shares of the stock in a transaction that occurred on Monday, June 22nd. The stock was purchased at an average cost of $79.19 per share, with a total value of $79,190.00. Following the completion of the acquisition, the vice president directly owned 5,000 shares in the company, valued at $395,950. This represents a 25.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Tzu-Sou Chuang sold 200,000 shares of the company’s 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 sale, the vice president owned 2,495,165 shares in the company, valued at $174,237,371.95. The trade was a 7.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have acquired a total of 18,312 shares of company stock valued at $1,347,058 over the last ninety days. 1.11% of the stock is currently owned by company insiders.
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.
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