Hanson & Doremus Investment Management Lowers Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Hanson & Doremus Investment Management cut its stake in Taiwan Semiconductor (TSM) by 4.6% to 82,135 shares, worth $24.96 million, making TSM its 7th-largest holding at about 3.0% of the portfolio.
• TSMC reported a strong quarter (EPS $3.11, revenue $30.65B, net margin 45.13%) and enjoys analyst optimism — consensus "Buy" with an average price target of $391.43 — driven by accelerating AI demand and plans for a 3nm fab expansion in Japan.
• The company announced a quarterly dividend of $0.9503 (annualized $3.80, yield 1.1%; ex-dividend June 11, payable July 9), and VP Bor‑Zen Tien purchased 1,000 shares, modestly increasing insider ownership.

Hanson & Doremus Investment Management decreased its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 4.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 82,135 shares of the semiconductor company's stock after selling 3,956 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for about 3.0% of Hanson & Doremus Investment Management's investment portfolio, making the stock its 7th largest position. Hanson & Doremus Investment Management's holdings in Taiwan Semiconductor Manufacturing were worth $24,960,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TSM. Brighton Jones LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 20.9% during the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock worth $2,159,000 after acquiring an additional 1,892 shares during the last quarter. Beacon Pointe Advisors LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 1.4% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 17,726 shares of the semiconductor company's stock valued at $4,015,000 after acquiring an additional 251 shares during the period. CW Advisors LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 7.2% in the 2nd quarter. CW Advisors LLC now owns 26,095 shares of the semiconductor company's stock worth $5,911,000 after purchasing an additional 1,748 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 43.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 11,445 shares of the semiconductor company's stock worth $2,592,000 after purchasing an additional 3,479 shares in the last quarter. Finally, Guggenheim Capital LLC raised its holdings in Taiwan Semiconductor Manufacturing by 7.2% in the 2nd quarter. Guggenheim Capital LLC now owns 35,604 shares of the semiconductor company's stock worth $8,064,000 after purchasing an additional 2,376 shares during the period. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing Trading Down 0.1%

Shares of Taiwan Semiconductor Manufacturing stock opened at $338.67 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $134.25 and a fifty-two week high of $390.20. 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 market capitalization of $1.75 trillion, a P/E ratio of 31.80, a P/E/G ratio of 0.93 and a beta of 1.35. The company has a fifty day moving average of $349.16 and a 200 day moving average of $315.22.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 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 for the quarter. On average, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 11th will be paid a dividend of $0.9503 per share. This represents a $3.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, June 11th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 28.36%.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Citigroup reiterated a Buy on TSM and raised its price target (to NT$2,800), citing TSMC’s strong positioning to benefit from accelerating AI demand — a clear analyst vote of confidence that supports upside expectations. Citigroup Buy and PT Raise
• Positive Sentiment: Institutional commentary (Magellan Global Fund) highlighted robust demand as a reason TSMC rallied, reinforcing momentum narratives around secular AI-driven revenue growth. Magellan Investor Letter
• Positive Sentiment: Tokyo/Kumamoto approval and filings show TSMC will start 3nm wafer production at a second Japan fab in 2028 — expands geographic manufacturing footprint and capacity for advanced nodes used by AI/data-center customers. This supports longer-term revenue and customer diversification. 3nm Japan Factory
• Positive Sentiment: Recent insider activity (notable director trade) signals management-level confidence and can be viewed as supportive by investors. Insider Trade
• Neutral Sentiment: Upcoming company data are near-term catalysts: TSMC will report March revenue (April 10) and Q1 results (April 16). These releases could confirm whether AI demand is translating into sustained, capacity-constrained growth or if momentum is plateauing. Expect volatility around these dates. April 10 / April 16 Catalysts
• Neutral Sentiment: Unusually large options volume has been reported, indicating higher speculative/hedging activity that can amplify intraday moves but doesn’t change fundamentals. Options Volume
• Negative Sentiment: TSMC’s aggressive global fab expansion raises costs; analysts question whether FY26 margin targets are achievable as overseas production is more expensive — pressure on near-term margins could weigh on the stock if growth doesn’t offset spend. Margin & Expansion Costs
• Negative Sentiment: Geopolitical/supply-chain risks (regional tensions, Iran-related worries, Arizona expansion and capacity bottlenecks) could disrupt production or raise costs, introducing downside risk despite strong demand. Geopolitical & Supply Risks

Insider Transactions at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien purchased 1,000 shares of the stock in a transaction that occurred on Sunday, March 22nd. The shares were bought at an average cost of $55.93 per share, with a total value of $55,930.00. Following the acquisition, the vice president owned 9,051 shares in the company, valued at approximately $506,222.43. This trade represents a 12.42% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.11% of the company's stock.

Analysts Set New Price Targets

TSM has been the topic of several analyst reports. Argus upgraded Taiwan Semiconductor Manufacturing to a "strong-buy" rating in a research report on Thursday, January 15th. Zacks Research downgraded Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 16th. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, January 9th. Freedom Capital upgraded Taiwan Semiconductor Manufacturing to a "strong-buy" rating in a research note on Thursday, January 15th. Finally, Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, March 22nd. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $391.43.

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.

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.