Taiwan Semiconductor Manufacturing (NYSE:TSM) Upgraded at Zacks Research

Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) from a hold rating to a strong-buy rating in a research report report published on Thursday morning,Zacks.com reports.

TSM has been the subject of several other research reports. Barclays lifted their target price on Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the stock an “overweight” rating in a research report on Friday. Needham & Company LLC upped their price target on Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Susquehanna raised their price objective on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a “positive” rating in a research note on Thursday. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Monday, July 6th. Finally, Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $490.00.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock opened at $397.59 on Thursday. The stock has a market capitalization of $2.06 trillion, a price-to-earnings ratio of 28.69, a PEG ratio of 0.99 and a beta of 1.36. Taiwan Semiconductor Manufacturing has a one year low of $223.70 and a one year high of $479.00. The company’s 50-day simple moving average is $426.79 and its 200-day simple moving average is $377.94. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.31 and a current ratio of 2.49.

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 40.88% and a net margin of 50.31%.The firm had revenue of $39.89 billion during the quarter. Equities analysts anticipate that Taiwan Semiconductor Manufacturing will post 15.83 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be paid a $1.1136 dividend. The ex-dividend date is Wednesday, September 16th. 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%. Taiwan Semiconductor Manufacturing’s payout ratio is presently 21.43%.

Insider Activity

In related news, VP Lipen Yuan purchased 1,000 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were acquired at an average cost of $79.19 per share, for a total transaction of $79,190.00. Following the transaction, the vice president owned 5,000 shares of the company’s stock, valued at $395,950. This trade represents a 25.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Tzu-Sou Chuang sold 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total value of $13,966,000.00. Following the completion of the sale, the vice president directly owned 2,495,165 shares in the company, valued at approximately $174,237,371.95. This trade represents a 7.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders purchased 6,857 shares of company stock valued at $512,334. 1.11% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

Hedge funds and other institutional investors have recently modified their holdings of the company. Intergy Private Wealth LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 5.4% during the second quarter. Intergy Private Wealth LLC now owns 2,155 shares of the semiconductor company’s stock valued at $1,029,000 after acquiring an additional 111 shares during the period. Rosenberg Matthew Hamilton increased its holdings in shares of Taiwan Semiconductor Manufacturing by 1.7% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 5,149 shares of the semiconductor company’s stock worth $2,459,000 after acquiring an additional 88 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 1.1% in the 2nd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 134,811 shares of the semiconductor company’s stock worth $64,382,000 after acquiring an additional 1,433 shares during the period. Sulzberger Capital Advisors Inc. lifted its position in Taiwan Semiconductor Manufacturing by 4.3% in the 2nd quarter. Sulzberger Capital Advisors Inc. now owns 1,936 shares of the semiconductor company’s stock valued at $925,000 after purchasing an additional 80 shares during the last quarter. Finally, Pachira Investments Inc. bought a new stake in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at about $290,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: TSMC delivered record Q2 profit and beat expectations, supported by strong demand for advanced AI chips and leading-edge nodes. Reuters article
• Positive Sentiment: The company raised its 2026 revenue growth outlook to above 40% and signaled continued AI-driven expansion, reinforcing the long-term growth story. MarketBeat article
• Neutral Sentiment: TSMC also announced an extra $100 billion investment in Arizona, expanding its U.S. manufacturing footprint but raising questions about capital intensity and margin pressure. Yahoo Finance article
• Negative Sentiment: The stock is being caught in a broader chip rout, with investors rotating out of semiconductor names amid worries that AI spending enthusiasm is cooling. Yahoo Finance article
• Negative Sentiment: Analysts and traders are flagging capex concerns, saying the surge in spending could compress free cash flow and keep the stock volatile in the near term. Benzinga article

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.