Meiji Yasuda Asset Management Co Ltd. Trims Stock Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Meiji Yasuda Asset Management cut its TSMC stake by 8.2% in the fourth quarter, selling 2,120 shares and leaving it with 23,612 shares valued at about $7.18 million.
• Despite that trim, broader institutional interest remains significant, with hedge funds and other investors holding 16.51% of TSMC shares and several smaller funds recently initiating or increasing positions.
• TSMC continues to benefit from strong AI-related momentum: AMD began ramping chips on TSMC’s 2nm process, TSMC raised its 2030 semiconductor market forecast to over $1.5 trillion, and analysts largely remain bullish with a consensus Buy rating.

Meiji Yasuda Asset Management Co Ltd. lowered its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 8.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,612 shares of the semiconductor company's stock after selling 2,120 shares during the period. Meiji Yasuda Asset Management Co Ltd.'s holdings in Taiwan Semiconductor Manufacturing were worth $7,175,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Stephens Consulting LLC grew its stake in Taiwan Semiconductor Manufacturing by 82.0% in the 4th quarter. Stephens Consulting LLC now owns 91 shares of the semiconductor company's stock worth $28,000 after buying an additional 41 shares in the last quarter. Ares Financial Consulting LLC purchased a new position in Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $29,000. Resources Management Corp CT ADV purchased a new position in Taiwan Semiconductor Manufacturing in the 2nd quarter worth approximately $32,000. Maseco LLP purchased a new position in Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $35,000. Finally, Cedar Wealth Management LLC grew its stake in Taiwan Semiconductor Manufacturing by 91.4% in the 3rd quarter. Cedar Wealth Management LLC now owns 134 shares of the semiconductor company's stock worth $37,000 after buying an additional 64 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company's stock.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: AMD said it has started ramping its next-generation EPYC “Venice” processors on TSMC’s 2nm process, highlighting TSMC’s leadership in advanced-node manufacturing and reinforcing AI-related demand for its cutting-edge capacity. AMD begins ramp-up of next-generation EPYC chips using TSMC’s 2nm technology
• Positive Sentiment: TSMC raised its 2030 global semiconductor market forecast to more than $1.5 trillion, signaling confidence in long-term industry growth and the continued expansion of AI-driven chip demand. TSMC raises 2030 global semiconductor market forecast
• Positive Sentiment: BofA reiterated a Buy rating on Taiwan Semiconductor after its tech symposium, suggesting analysts still see attractive upside after the company showcased progress in chipmaking and packaging technology. BofA reiterates Buy on Taiwan Semiconductor after tech symposium
• Positive Sentiment: Nvidia’s upbeat AI outlook helped lift Asian chipmakers broadly, boosting sentiment across the semiconductor group and indirectly supporting TSMC as a core AI supply-chain beneficiary. Nvidia's AI Outlook Sends Asian Chipmakers Up 5.5%
• Neutral Sentiment: News that Taiwan may restrict how often foreign investors can switch currency choices on TSMC dividend payments is more of a procedural issue than a major business driver, but it adds a little policy noise around the stock. Taiwan may limit currency switching for TSMC dollar dividends
• Negative Sentiment: Tokyo Electron’s Taiwan unit said it will not appeal the ruling in TSMC’s trade-secrets case, keeping attention on intellectual-property and industry rivalry risks rather than on fundamentals alone. Tokyo Electron's Taiwan unit says it will not appeal ruling in TSMC trade secrets case
• Negative Sentiment: Some commentary also points to valuation and infrastructure constraints around scaling AI-chip output, which could temper enthusiasm if investors worry growth has already been priced in. The TSMC Paradox: Huge AI Silicon Supply Vs. Finite Infrastructure

Insider Buying and Selling

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien acquired 2,000 shares of the stock in a transaction dated Tuesday, May 19th. The stock was purchased at an average cost of $69.91 per share, for a total transaction of $139,820.00. Following the acquisition, the vice president owned 11,051 shares in the company, valued at $772,575.41. The trade was a 22.10% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Tzu-Sou Chuang sold 200,000 shares of the business's stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total transaction of $13,966,000.00. Following the completion of the sale, the vice president owned 2,495,165 shares of the company's stock, valued at approximately $174,237,371.95. The trade was a 7.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders bought 3,346 shares of company stock valued at $218,005. Company insiders own 1.11% of the company's stock.

Taiwan Semiconductor Manufacturing Trading Up 1.5%

Shares of TSM opened at $407.68 on Friday. The firm has a market cap of $2.11 trillion, a price-to-earnings ratio of 33.92, a PEG ratio of 1.17 and a beta of 1.39. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.32 and a current ratio of 2.49. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $190.03 and a fifty-two week high of $421.97. The firm has a 50 day moving average price of $369.59 and a 200-day moving average price of $337.80.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share for the quarter. The firm had revenue of $30.65 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 36.81%. As a group, equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.28 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm 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 $1.1136 dividend. This represents a $4.45 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Wednesday, September 16th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.95. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 24.71%.

Analyst Ratings Changes

A number of research firms have commented on TSM. Zacks Research cut shares of Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 16th. Barclays boosted their price target on shares of Taiwan Semiconductor Manufacturing from $450.00 to $470.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 22nd. Weiss Ratings raised shares of Taiwan Semiconductor Manufacturing from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, March 20th. Needham & Company LLC boosted their price target on shares of Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the stock a "buy" rating in a research note on Thursday, April 16th. Finally, Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a research note on Sunday, March 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of "Buy" and a consensus price target of $404.29.

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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