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

Pitcairn Co. reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 29.2% in the third quarter, HoldingsChannel reports. The fund owned 24,527 shares of the semiconductor company’s stock after selling 10,127 shares during the quarter. Taiwan Semiconductor Manufacturing makes up 0.5% of Pitcairn Co.’s holdings, making the stock its 28th largest holding. 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 hedge funds have also made changes to their positions in TSM. Perennial Investment Advisors LLC raised its holdings in Taiwan Semiconductor Manufacturing by 5.5% during the third quarter. Perennial Investment Advisors LLC now owns 8,617 shares of the semiconductor company’s stock worth $2,407,000 after purchasing an additional 453 shares in the last quarter. Smith Moore & CO. boosted its stake in Taiwan Semiconductor Manufacturing by 10.1% during the 3rd quarter. Smith Moore & CO. now owns 4,405 shares of the semiconductor company’s stock valued at $1,230,000 after purchasing an additional 404 shares in the last quarter. United Capital Management of KS Inc. increased its position in shares of Taiwan Semiconductor Manufacturing by 4.8% during the 3rd 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 period. KCM Investment Advisors LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 1.5% in the 3rd quarter. KCM Investment Advisors LLC now owns 10,474 shares of the semiconductor company’s stock worth $2,925,000 after buying an additional 154 shares in the last quarter. Finally, Kane Investment Management Inc. acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the third quarter valued at $672,000. Institutional investors and hedge funds own 16.51% of the company’s stock.

Analysts Set New Price Targets

TSM has been the topic of a number of research analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Monday, January 5th. DA Davidson upgraded shares of Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research report on Friday, February 13th. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Wedbush reissued an “outperform” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, February 11th. Finally, Citigroup restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, January 9th. Four analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $391.43.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM opened at $353.57 on Friday. The company has a 50-day moving average of $342.34 and a two-hundred day moving average of $300.91. The stock has a market cap of $1.83 trillion, a price-to-earnings ratio of 33.20, a PEG ratio of 1.00 and a beta of 1.29. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.62 and a quick ratio of 2.42. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $134.25 and a one year high of $390.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, February 26th. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter. The business had revenue of $30.65 billion for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 45.13% and a return on equity of 34.89%. On average, equities research analysts expect 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 announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 11th will be issued a $0.9503 dividend. The ex-dividend date is Thursday, June 11th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 23.57%.

Key Taiwan Semiconductor Manufacturing News

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

Taiwan Semiconductor Manufacturing Profile

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.