Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Holdings Trimmed by Pitcairn Co.

Pitcairn Co. lowered its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 29.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,527 shares of the semiconductor company’s stock after selling 10,127 shares during the quarter. Taiwan Semiconductor Manufacturing comprises 0.5% of Pitcairn Co.’s portfolio, making the stock its 28th largest position. Pitcairn Co.’s holdings in Taiwan Semiconductor Manufacturing were worth $6,850,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Perennial Investment Advisors LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 5.5% in the 3rd quarter. Perennial Investment Advisors LLC now owns 8,617 shares of the semiconductor company’s stock valued at $2,407,000 after acquiring an additional 453 shares during the last quarter. Smith Moore & CO. boosted its holdings in Taiwan Semiconductor Manufacturing by 10.1% in the third quarter. Smith Moore & CO. now owns 4,405 shares of the semiconductor company’s stock worth $1,230,000 after purchasing an additional 404 shares during the period. United Capital Management of KS Inc. increased its stake in Taiwan Semiconductor Manufacturing by 4.8% during the third quarter. United Capital Management of KS Inc. now owns 4,452 shares of the semiconductor company’s stock valued at $1,243,000 after purchasing an additional 205 shares during the last quarter. KCM Investment Advisors LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 1.5% during the third quarter. KCM Investment Advisors LLC now owns 10,474 shares of the semiconductor company’s stock worth $2,925,000 after purchasing an additional 154 shares during the period. Finally, Kane Investment Management Inc. acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the third quarter worth $672,000. Institutional investors 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 is accelerating construction of a new “mega fab” in Southern Taiwan to boost AI-focused capacity, a direct long-term positive for supply to hyperscalers and chip designers that rely on TSMC’s advanced nodes. TSMC Speeds Southern Taiwan Mega Fab As AI Demand Meets Valuation Debate
• Positive Sentiment: Reports say Nvidia has reallocated production at TSMC from H200 chips for China to its next?gen Vera Rubin hardware — good for TSMC if it means higher?value, in?demand wafers and continued utilization of premium capacity. Nvidia refocuses TSMC capacity as export controls stall China sales, FT reports
• Neutral Sentiment: Macro/sector theme: analysts and ETF pieces continue to flag the multi?hundred?billion dollar AI buildout that underpins long?term semiconductor demand, keeping TSM well positioned as the dominant foundry. The $650 Billion AI Surge Is Here—2 Semiconductor ETFs to Play It
• Neutral Sentiment: Fundamentals reminder: TSMC recently reported strong margins and EPS, supporting the long?term investment thesis even as short?term flows create volatility. (See company filings and recent earnings release for details.)
• Negative Sentiment: Regulatory/export controls and stalled China sales: multiple outlets report Nvidia has halted China?bound H200 output — a sign U.S./China restrictions are limiting near?term volumes and adding uncertainty to TSMC’s China?exposed revenue. That political/regulatory uncertainty is a near?term headwind. Nvidia Halts China Bound H200 Chip Output, Shifts Focus to Vera Rubin
• Negative Sentiment: Market flows and notable profit?taking: global funds have trimmed the hottest AI bets and dumped Taiwan exposure, and some prominent managers trimmed TSMC positions — contributing to recent selling pressure and amplified volatility. Global Funds Unwind Hottest AI Trades as Inflation Fears Mount

Analysts Set New Price Targets

Several research analysts have recently commented on TSM shares. Argus raised shares of Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a report on Thursday, January 15th. DA Davidson upgraded Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research note on Friday, February 13th. Wedbush reaffirmed an “outperform” rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, February 11th. TD Cowen raised their price target on Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the stock a “hold” rating in a report on Friday, January 16th. Finally, Freedom Capital upgraded Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research report on Thursday, January 15th. Four equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $391.43.

Taiwan Semiconductor Manufacturing Stock Performance

TSM opened at $353.57 on Friday. The company has a current ratio of 2.62, a quick ratio of 2.42 and a debt-to-equity ratio of 0.17. The business’s 50 day moving average is $342.34 and its 200-day moving average is $300.91. The stock has a market cap of $1.83 trillion, a PE ratio of 33.20, a price-to-earnings-growth ratio of 1.00 and a beta of 1.29. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $134.25 and a twelve month high of $390.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings data on Thursday, February 26th. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 34.89% and a net margin of 45.13%.The business had revenue of $30.65 billion during the quarter. On average, analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 11th will be issued a dividend of $0.9503 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, June 11th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 23.57%.

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.