Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Sold by Hanson & Doremus Investment Management

Hanson & Doremus Investment Management lessened its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 4.7% during the third quarter, Holdings Channel.com reports. The firm owned 69,999 shares of the semiconductor company’s stock after selling 3,469 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 3.2% of Hanson & Doremus Investment Management’s investment portfolio, making the stock its 5th largest holding. Hanson & Doremus Investment Management’s holdings in Taiwan Semiconductor Manufacturing were worth $31,933,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Perryman Financial Advisory Inc. AD increased its stake in shares of Taiwan Semiconductor Manufacturing by 7.2% during the third quarter. Perryman Financial Advisory Inc. AD now owns 3,275 shares of the semiconductor company’s stock valued at $1,494,000 after buying an additional 221 shares during the period. Pension & Wealth Management Advisors Inc. grew its holdings in Taiwan Semiconductor Manufacturing by 1,185.2% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 2,339 shares of the semiconductor company’s stock worth $1,067,000 after purchasing an additional 2,157 shares during the period. Chemistry Wealth Management LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 4.2% in the 3rd quarter. Chemistry Wealth Management LLC now owns 2,000 shares of the semiconductor company’s stock worth $912,000 after buying an additional 80 shares during the last quarter. Annex Advisory Services LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 4.9% in the third quarter. Annex Advisory Services LLC now owns 50,792 shares of the semiconductor company’s stock worth $23,171,000 after acquiring an additional 2,395 shares during the last quarter. Finally, BFI Infinity Ltd. purchased a new stake in Taiwan Semiconductor Manufacturing during the 3rd quarter valued at about $5,435,000. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

TSM stock opened at $413.15 on Friday. The company has a fifty day simple moving average of $434.71 and a two-hundred day simple moving average of $417.11. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $266.82 and a 52 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. The firm has a market capitalization of $2.14 trillion, a P/E ratio of 26.59, a price-to-earnings-growth ratio of 0.87 and a beta of 1.37.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Tuesday, September 8th. The semiconductor company reported $4.62 earnings per share for the quarter. The business had revenue of $46.87 billion for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. Analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.65 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be issued a dividend of $1.0854 per share. This represents a $4.34 dividend on an annualized basis and a dividend yield of 1.1%. This is a negative change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date of this dividend is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 24.96%.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Barclays lifted their target price on Taiwan Semiconductor Manufacturing from $665.00 to $670.00 and gave the stock an “overweight” rating in a report on Friday. Bank of America boosted their target price on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Wall Street Zen cut Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. DA Davidson restated a “buy” rating and issued a $500.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Friday. Finally, Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $528.78.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Record results and strong guidance support the long-term outlook. Third-quarter net income rose 68.7% year over year to NT$763.1 billion, while revenue increased about 51% and exceeded analyst estimates. TSMC also forecast fourth-quarter revenue of $52.3 billion to $54.3 billion, well above the consensus estimate. TSMC posts record profit for a sixth straight quarter
• Positive Sentiment: AI demand remains the key growth driver. Advanced technologies represented 79% of wafer revenue, and management reported no signs of a slowdown in demand for AI and high-performance-computing chips. Full-year 2026 revenue growth is expected to be approximately 44%, while annual 2-nanometer capacity is projected to more than double in 2027. Three key takeaways for long-term investors
• Positive Sentiment: Analysts remain bullish. DA Davidson reaffirmed its Buy rating with a $500 target, while Needham raised its target to $560. Articles also highlight TSMC’s manufacturing scale and competitive moat as potential benefits from continued AI infrastructure investment. TSMC long-term investment outlook
• Neutral Sentiment: Capacity expansion is both an opportunity and a concern. TSMC is considering additional U.S. expansion, including potential involvement in Elon Musk’s proposed Texas “Terafab,” while Taiwan is planning Texas industrial parks for Nvidia suppliers. These projects could improve customer access and supply-chain resilience but increase execution and investment requirements. TSMC talks with Elon Musk’s Terafab
• Negative Sentiment: Large capital expenditures are weighing on sentiment. TSMC’s roughly $64 billion spending plan has prompted questions about returns, potential overcapacity and whether AI demand can justify the industry’s investment pace. Investors also remain concerned about AI companies’ debt financing and profitability. Why TSMC’s spending plan concerns investors
• Negative Sentiment: Sector-wide risk aversion is overpowering the earnings beat. Chip stocks are selling off amid inflation, higher interest rates, concerns about AI financing and questions about whether the AI boom has already been priced into valuations. Commentary also notes that TSMC’s strong results may have raised expectations too high. Chip stocks tumble on AI investment worries

Insiders Place Their Bets

In other news, VP Shyue-Shyh Lin bought 1,000 shares of the stock in a transaction dated Tuesday, July 21st. The shares were acquired at an average cost of $74.13 per share, with a total value of $74,130.00. Following the purchase, the vice president directly owned 30,269 shares in the company, valued at $2,243,840.97. The trade was a 3.42% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Bor-Zen Tien purchased 1,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was bought at an average cost of $73.06 per share, with a total value of $73,060.00. Following the acquisition, the vice president owned 14,051 shares in the company, valued at $1,026,566.06. This represents a 7.66% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders have purchased 16,043 shares of company stock valued at $1,185,746. Company 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.