Connor Clark & Lunn Investment Management Ltd. Has $144 Million Stock Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Connor Clark & Lunn increased its stake in Taiwan Semiconductor Manufacturing by 38.1%, buying an additional 142,126 shares to hold 515,605 shares worth about $144 million as of its latest SEC filing.
• Analysts are broadly bullish on TSMC with an average rating of Buy and a consensus target price of $391.43, though opinions vary (several upgrades and some downgrades were noted).
• Fundamentals show momentum: TSMC reported quarterly revenue of $30.65 billion and EPS of $3.11, with double‑digit February revenue and AI‑driven sales cited as roughly a 30% uplift; market cap is about $1.84 trillion and the quarterly dividend is $0.9503 (1.1% yield).

Connor Clark & Lunn Investment Management Ltd. grew its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 38.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 515,605 shares of the semiconductor company's stock after acquiring an additional 142,126 shares during the period. Connor Clark & Lunn Investment Management Ltd.'s holdings in Taiwan Semiconductor Manufacturing were worth $144,003,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of TSM. Heartwood Wealth Advisors LLC acquired a new position in Taiwan Semiconductor Manufacturing during the third quarter worth $32,000. Cedar Wealth Management LLC raised its holdings in Taiwan Semiconductor Manufacturing by 91.4% during the third quarter. Cedar Wealth Management LLC now owns 134 shares of the semiconductor company's stock valued at $37,000 after buying an additional 64 shares in the last quarter. Fairman Group LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 171.2% in the third quarter. Fairman Group LLC now owns 141 shares of the semiconductor company's stock worth $39,000 after buying an additional 89 shares during the last quarter. Resources Management Corp CT ADV bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $32,000. Finally, Delta Asset Management LLC TN boosted its stake in shares of Taiwan Semiconductor Manufacturing by 50.0% during the 3rd quarter. Delta Asset Management LLC TN now owns 150 shares of the semiconductor company's stock worth $42,000 after acquiring an additional 50 shares in the last quarter. Institutional investors own 16.51% of the company's stock.

Analysts Set New Price Targets

TSM has been the topic of a number of recent analyst reports. Wedbush reissued an "outperform" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, February 11th. Argus upgraded Taiwan Semiconductor Manufacturing to a "strong-buy" rating in a report on Thursday, January 15th. Needham & Company LLC lifted their price target on shares of Taiwan Semiconductor Manufacturing from $360.00 to $410.00 and gave the company a "buy" rating in a research report on Thursday, January 15th. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, January 9th. Finally, Weiss Ratings downgraded shares of Taiwan Semiconductor Manufacturing from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, March 5th. Four research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has an average rating of "Buy" and a consensus target price of $391.43.

Taiwan Semiconductor Manufacturing News Summary

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

• Positive Sentiment: Strong February and AI-driven sales: TSMC reported double-digit February revenue and analysts highlight a roughly 30% sales rise driven by AI chip demand, reinforcing revenue momentum that supports earnings upside. Taiwan Semiconductor’s Sales Rise 30 On A.I. Chip Demand
• Positive Sentiment: Confirmed monthly sales: company disclosure showed consolidated net revenue for February at NT$317.66 billion, a year‑over‑year increase that validates near‑term demand resilience. TSMC Posts Double-Digit February Revenue Growth Year-on-Year Despite Monthly Drop
• Positive Sentiment: Analyst support and price targets: Bank of America reiterated a Buy and other outlets note upgrades (Zacks Rank #1 / Strong Buy), boosting investor confidence and providing upside thesis for the shares. TSMC: Resilient Growth, Sustained Technology Leadership, and Margin Upside Support Buy Rating
• Neutral Sentiment: Investor commentary suggests buying on dips: several commentary pieces argue recent pullbacks are buying opportunities given TSMC’s leading position in AI nodes, but these are opinion‑driven and depend on timing. TSMC: Recent Fears Make This Another Bargain Buying Opportunity
• Neutral Sentiment: Analyst‑rating coverage note: media pieces emphasize broker recommendations and how ratings move sentiment, but rating chatter itself is less directly predictive than fundamentals. Brokers Suggest Investing in TSMC (TSM): Read This Before Placing a Bet
• Negative Sentiment: Valuation and profit‑taking concerns: some analysts and commentary highlight a valuation debate after a large run‑up, prompting investors to trim positions despite top‑line strength. Taiwan Semiconductor Manufacturing NYSE: TSM Valuation Debate Defines Market Narrative
• Negative Sentiment: Seasonality and operational risks flagged: coverage notes that while revenue growth is strong, investors are watching for seasonal weakness and potential energy/disruption risks that could pressure near‑term results. TSMC Stock Slips. Why Strong Revenue Growth Isn't Enough for Investors
• Negative Sentiment: Some market reaction to below‑expectation details: reports said certain industry bellwethers fell after parts of TSMC’s sales commentary were seen as underwhelming versus expectations, which can exacerbate short‑term volatility. Impinj and IPG Photonics Shares Are Falling, What You Need To Know

Taiwan Semiconductor Manufacturing Stock Up 2.1%

Shares of TSM opened at $354.35 on Thursday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.42 and a current ratio of 2.62. The company has a 50-day simple moving average of $345.96 and a 200-day simple moving average of $304.58. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $134.25 and a 52 week high of $390.20. The firm has a market capitalization of $1.84 trillion, a P/E ratio of 33.27, a P/E/G ratio of 0.95 and a beta of 1.29.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results on Thursday, February 26th. The semiconductor company reported $3.11 earnings per share for the quarter. The business had revenue of $30.65 billion for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 34.89% and a net margin of 45.13%. 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 company also recently disclosed 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 annualized dividend 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 presently 23.57%.

Taiwan Semiconductor Manufacturing Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.