Cozad Asset Management Inc. Has $24.37 Million Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Cozad Asset Management reduced its TSMC stake by 2.5% in the first quarter, selling 1,877 shares but retaining 72,099 shares valued at approximately $24.37 million. TSMC remains the firm’s fifth-largest holding and represents about 1.9% of its portfolio.
• TSMC reported strong operating performance, including quarterly revenue of $39.89 billion, earnings of $4.28 per share, a 50.31% net margin and a 39.37% return on equity. The company also raised its quarterly dividend to $1.1136 per share, equivalent to a 1.1% annualized yield.
• Analyst sentiment remains bullish: TSMC has a consensus “Buy” rating and an average price target of $496.25, with several firms recently raising their targets. Investors are nevertheless monitoring competitive threats, China-related restrictions and the durability of AI-chip spending.

Cozad Asset Management Inc. lowered its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 2.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,099 shares of the semiconductor company's stock after selling 1,877 shares during the period. Taiwan Semiconductor Manufacturing accounts for about 1.9% of Cozad Asset Management Inc.'s investment portfolio, making the stock its 5th biggest holding. Cozad Asset Management Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $24,366,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of TSM. Lavelle Capital LP purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 1st quarter valued at $1,366,000. Challenger Wealth Management lifted its stake in shares of Taiwan Semiconductor Manufacturing by 9.1% during the 1st quarter. Challenger Wealth Management now owns 5,107 shares of the semiconductor company's stock worth $1,726,000 after purchasing an additional 425 shares during the last quarter. Axiom Investment Management LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing during the 1st quarter worth $509,000. WNY Asset Management LLC bought a new stake in Taiwan Semiconductor Manufacturing during the first quarter valued at about $899,000. Finally, Segall Bryant & Hamill LLC boosted its position in Taiwan Semiconductor Manufacturing by 8.0% during the first quarter. Segall Bryant & Hamill LLC now owns 53,881 shares of the semiconductor company's stock valued at $18,209,000 after purchasing an additional 4,000 shares in the last quarter. Institutional investors own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Up 0.2%

Shares of TSM stock opened at $404.21 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $223.70 and a 1-year high of $479.00. The stock's fifty day moving average price is $427.14 and its 200 day moving average price is $384.27. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.46 and a quick ratio of 2.31. The company has a market cap of $2.10 trillion, a price-to-earnings ratio of 29.16, a price-to-earnings-growth ratio of 0.93 and a beta of 1.36.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. The company had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.37% and a net margin of 50.31%. On average, research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Wednesday, September 16th will be issued a dividend of $1.1136 per share. This represents a $4.45 annualized dividend and a dividend yield of 1.1%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.95. The ex-dividend date is Wednesday, September 16th. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 21.43%.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC reported approximately $40.20 billion in second-quarter 2026 revenue, up 36% year over year, while net income rose 77.41%. The strong results reinforce expectations for continued demand for advanced AI chips and foundry capacity. TSMC AI Stock Article
• Positive Sentiment: Strong technology earnings and better-than-expected forecasts from Lam Research helped lift the broader chip sector and attracted fresh money to semiconductor ETFs, creating a supportive backdrop for TSMC shares. Semiconductor ETFs Draw Cash
• Positive Sentiment: Analysts raised TSMC’s earnings forecasts, including Erste Group’s increases to $16.69 per share for fiscal 2026 and $21.25 for fiscal 2027. The consensus analyst rating remains “Buy,” with an average price target of $496.25. TSMC Analyst Estimates
• Positive Sentiment: TSMC’s advanced-chip packaging expansion, including a reported Arizona partnership with Amkor, could strengthen its position in the AI supply chain and support U.S. customer demand. TSMC Advanced Packaging Expansion
• Positive Sentiment: Vice President Bor-Zen Tien purchased 1,000 shares, increasing his direct ownership by 25%. The insider buying offers a modest vote of confidence, though the transaction is small relative to TSMC’s market value. TSMC Insider Purchase
• Neutral Sentiment: TSMC increased its quarterly dividend to $1.1136 per share, or $4.45 annualized, but its roughly 1.1% yield means the change is secondary to the company’s AI-growth outlook. TSMC Dividend Announcement
• Negative Sentiment: Investors continue to monitor Samsung’s proposed Broadcom partnership, which could create a stronger alternative in AI foundry and packaging, as well as restrictions on China-related equipment and concerns about the sustainability of AI spending. Samsung Broadcom Foundry Partnership

Insider Activity at Taiwan Semiconductor Manufacturing

In related news, VP Lipen Yuan bought 1,000 shares of the company's stock in a transaction on Monday, June 22nd. The shares were bought at an average price of $79.19 per share, with a total value of $79,190.00. Following the transaction, the vice president owned 5,000 shares in the company, valued at approximately $395,950. This trade represents a 25.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Bor-Zen Tien purchased 3,000 shares of the business's stock in a transaction on Tuesday, July 21st. The shares were bought at an average price of $74.39 per share, for a total transaction of $223,170.00. Following the purchase, the vice president directly owned 4,000 shares in the company, valued at $297,560. This represents a 300.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders bought 15,857 shares of company stock valued at $1,167,094. Company insiders own 1.11% of the company's stock.

Analyst Upgrades and Downgrades

TSM has been the topic of several analyst reports. Needham & Company LLC lifted their target price on Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the company a "buy" rating in a research note on Monday, July 27th. Weiss Ratings raised shares of Taiwan Semiconductor Manufacturing from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday. Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 18th. TD Cowen lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a "hold" rating in a research report on Friday, July 17th. Finally, Bank of America boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the stock a "buy" rating in a research note on Wednesday, June 24th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has a consensus rating of "Buy" and a consensus price target of $496.25.

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.

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