Key Points
- TSMC CEO Che-Chia Wei purchased 155 shares at $70.50 each, increasing his stake by 0.85% to 18,435 shares.
- The company beat quarterly estimates, reporting EPS of $4.60 and revenue of $46.72 billion, up 41.2% year over year.
- TSMC raised its quarterly dividend from $1.0854 to $1.3663 per share. Analysts maintain an overall “Buy” rating, with an average price target of $533.89.
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Get Free Report) CEO Che-Chia Wei acquired 155 shares of the company's stock in a transaction on Friday, November 6th. The stock was purchased at an average cost of $70.50 per share, for a total transaction of $10,927.50. Following the completion of the transaction, the chief executive officer owned 18,435 shares in the company, valued at approximately $1,299,667.50. The trade was a 0.85% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.
Che-Chia Wei also recently made the following trade(s):
- On Wednesday, October 7th, Che-Chia Wei acquired 144 shares of Taiwan Semiconductor Manufacturing stock. The stock was purchased at an average price of $79.39 per share, for a total transaction of $11,432.16.
- On Monday, September 7th, Che-Chia Wei acquired 149 shares of Taiwan Semiconductor Manufacturing stock. The shares were purchased at an average cost of $76.20 per share, with a total value of $11,353.80.
Taiwan Semiconductor Manufacturing Stock Performance
Shares of TSM stock opened at $396.56 on Wednesday. The company has a current ratio of 2.46, a quick ratio of 2.25 and a debt-to-equity ratio of 0.14. The firm has a fifty day moving average price of $430.71 and a 200 day moving average price of $401.43. The company has a market cap of $2.06 trillion, a P/E ratio of 25.52, a PEG ratio of 0.77 and a beta of 1.44. 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 - Get Free Report) last posted its earnings results on Thursday, October 15th. The semiconductor company reported $4.60 EPS for the quarter, beating the consensus estimate of $4.45 by $0.15. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The firm had revenue of $46.72 billion for the quarter, compared to analyst estimates of $45.67 billion. During the same quarter in the prior year, the company posted $2.92 earnings per share. Taiwan Semiconductor Manufacturing's revenue for the quarter was up 41.2% compared to the same quarter last year. Sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.46 earnings per share for the current fiscal year.
Taiwan Semiconductor Manufacturing Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 8th. Stockholders of record on Thursday, March 11th will be given a dividend of $1.3663 per share. The ex-dividend date of this dividend is Thursday, March 11th. This represents a $5.47 annualized dividend and a dividend yield of 1.4%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.0854. Taiwan Semiconductor Manufacturing's payout ratio is currently 22.07%.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. Stifel Nicolaus initiated coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, September 1st. They set a "buy" rating and a $515.00 target price on the stock. Barclays upped their price target on Taiwan Semiconductor Manufacturing from $665.00 to $670.00 and gave the company an "overweight" rating in a report on Friday, October 16th. Susquehanna increased their price target on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a "positive" rating in a research note on Thursday, July 16th. Needham & Company LLC raised their price objective on shares of Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a "buy" rating in a report on Thursday, October 15th. Finally, Sanford C. Bernstein raised their price objective 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. Three investment 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 data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $533.89.
Check Out Our Latest Analysis on Taiwan Semiconductor Manufacturing
Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing
Several large investors have recently bought and sold shares of TSM. Tyche Wealth Partners LLC increased its position in Taiwan Semiconductor Manufacturing by 8.1% during the third quarter. Tyche Wealth Partners LLC now owns 1,775 shares of the semiconductor company's stock worth $810,000 after buying an additional 133 shares during the period. Hartford Funds Management Co LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the third quarter valued at approximately $818,000. Ieq Capital LLC lifted its stake in Taiwan Semiconductor Manufacturing by 8.7% in the third quarter. Ieq Capital LLC now owns 84,978 shares of the semiconductor company's stock valued at $38,766,000 after buying an additional 6,830 shares during the last quarter. Colonial Trust Co SC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 2.0% in the third quarter. Colonial Trust Co SC now owns 15,685 shares of the semiconductor company's stock valued at $7,155,000 after acquiring an additional 307 shares during the period. Finally, BHK Investment Advisors LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 11.4% in the third quarter. BHK Investment Advisors LLC now owns 2,840 shares of the semiconductor company's stock valued at $1,296,000 after acquiring an additional 290 shares during the period. Institutional investors and hedge funds own 16.51% of the company's stock.
Key Taiwan Semiconductor Manufacturing News
Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:
- Positive Sentiment: TSMC reported October revenue of NT$586.89 billion, up 59.7% year over year and 14.7% from September. The strong result, attributed to demand for advanced chips, points to solid momentum heading into the fourth quarter; the company has guided for quarterly revenue of up to $54.3 billion. TSMC's October sales jump as global chip boom rolls on
- Positive Sentiment: Analyst and investing coverage highlighted TSMC’s position as a key supplier for AI chips, with demand from customers including Nvidia and Apple. Some commentary also described the shares as undervalued following the semiconductor sell-off, which could attract investors if growth continues. TSMC Sales Jump Again as Nvidia and Apple Orders Keep the AI Chip Boom Going
- Positive Sentiment: Reports say TSMC plans to invest up to $1 billion, split between Anthropic and OpenAI. The move signals confidence in AI’s growth, though the investment’s direct financial contribution to TSMC is not yet clear. TSMC to invest up to $1 billion in Anthropic and OpenAI
- Neutral Sentiment: Some coverage suggests TSMC shares could be about 7% undervalued, while another notes the company’s fab expansion plans. Such expansion supports future capacity but also requires substantial investment. TSM Stock Could Be 7% Undervalued Despite Fab Expansion Plans
- Negative Sentiment: Recent AI-stock volatility remains a risk, and Wedbush reportedly says the strong sales update sets a high bar for TSMC. Shares may be vulnerable if future results or guidance fail to match elevated growth expectations. Wedbush Has a Strong Message for TSMC Stock Fans
Taiwan Semiconductor Manufacturing Company Profile
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Get Free Report)
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.
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