Norris Perne & French LLP MI Sells 1,645 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Norris Perne & French LLP MI trimmed its stake in Taiwan Semiconductor (NYSE:TSM) by 1.1% in Q4, selling 1,645 shares and leaving it with 150,953 shares worth $45.87 million, about 3.0% of the firm's portfolio and its eighth-largest holding.
• TSMC reported $3.11 EPS and $30.65 billion in quarterly revenue, and analysts highlight strong Q1 guidance (~$34.6–$35.8B) and AI/data‑center demand driving expectations for record profits; the consensus rating is Buy with a $391.43 target price.
• The company set a quarterly dividend of $0.9503 ($3.80 annualized, ~1.0% yield, payout ratio 28.17%, ex-dividend June 11), while insiders and institutions remain modest owners (insiders 1.11%, institutional ownership ~16.5%), including a disclosed VP purchase of 1,000 shares.

Norris Perne & French LLP MI reduced its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 1.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 150,953 shares of the semiconductor company's stock after selling 1,645 shares during the period. Taiwan Semiconductor Manufacturing makes up approximately 3.0% of Norris Perne & French LLP MI's portfolio, making the stock its 8th biggest holding. Norris Perne & French LLP MI's holdings in Taiwan Semiconductor Manufacturing were worth $45,873,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. JM2 Capital Inc. acquired a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter worth about $257,000. AMI Asset Management Corp grew its position in shares of Taiwan Semiconductor Manufacturing by 31.1% during the 4th quarter. AMI Asset Management Corp now owns 286,399 shares of the semiconductor company's stock valued at $87,034,000 after acquiring an additional 67,955 shares during the period. Third View Private Wealth LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $1,188,000. Transcend Capital Advisors LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 20.3% during the 4th quarter. Transcend Capital Advisors LLC now owns 5,919 shares of the semiconductor company's stock valued at $1,799,000 after acquiring an additional 997 shares during the period. Finally, Legacy Bridge LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 1.5% during the 4th quarter. Legacy Bridge LLC now owns 11,200 shares of the semiconductor company's stock valued at $3,404,000 after acquiring an additional 170 shares during the period. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Trading Down 0.3%

TSM stock opened at $369.60 on Tuesday. The company has a current ratio of 2.62, a quick ratio of 2.42 and a debt-to-equity ratio of 0.17. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $145.84 and a 12-month high of $390.20. The stock has a market cap of $1.91 trillion, a price-to-earnings ratio of 34.70, a PEG ratio of 1.01 and a beta of 1.35. The business's 50-day moving average is $351.80 and its 200 day moving average is $319.56.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 34.89% and a net margin of 45.13%.The company 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 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 11th will be issued a $0.9503 dividend. This represents a $3.80 annualized dividend and a yield of 1.0%. The ex-dividend date is Thursday, June 11th. Taiwan Semiconductor Manufacturing's payout ratio is presently 28.17%.

Insider Transactions at Taiwan Semiconductor Manufacturing

In other news, VP Bor-Zen Tien acquired 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, for a total transaction of $55,930.00. Following the acquisition, the vice president owned 9,051 shares in the company, valued at approximately $506,222.43. This represents a 12.42% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.11% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TSM. TD Cowen raised their target price on Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the company a "hold" rating in a research report on Friday, January 16th. Wedbush restated an "outperform" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, February 11th. Freedom Capital upgraded Taiwan Semiconductor Manufacturing to a "strong-buy" rating in a research report on Thursday, January 15th. Sanford C. Bernstein restated an "outperform" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, January 2nd. Finally, Barclays raised their target price on Taiwan Semiconductor Manufacturing from $380.00 to $450.00 and gave the company an "overweight" rating in a research report on Friday, January 16th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $391.43.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Strong Q1 revenue guidance and AI lift: Analysts and previews cite TSMC's Q1 revenue guidance (~$34.6–$35.8B, ~40% YoY) and accelerating AI/data‑center wafer demand as the primary bullish catalyst supporting revenue upside and pricing power. Read More.
• Positive Sentiment: Record-profit expectations: Reuters and others expect a fourth straight quarter of record net profit (large YoY gains) driven by AI infrastructure demand — frames investor expectations for an earnings beat. Read More.
• Positive Sentiment: Technology roadmap supports long-term margins: Coverage highlights that advanced nodes (7nm and below) are driving most wafer revenue and TSMC's 2nm is in mass production, underpinning market share in AI chips. Read More.
• Positive Sentiment: Insider buy by CEO: CEO Che‑Chia Wei bought 186 shares (Form 4 filed), a small but visible confidence signal that can be supportive to sentiment near earnings. Read More.
• Neutral Sentiment: Analyst/earnings previews push expectations higher: Zacks, Yahoo and multiple outlets project a likely beat — this lifts sentiment but raises the bar for Q1, increasing the chance of post‑earnings volatility. Read More.
• Neutral Sentiment: ETF/index flows in focus: Coverage notes ETFs and passive flows can amplify moves around TSMC earnings (short‑term technical/flow-driven impact rather than fundamental change). Read More.
• Negative Sentiment: Margin pressure from overseas expansion and rising costs: Previews caution that higher capex and operating costs for foreign fabs could compress margins despite revenue growth — a key risk to watch in guidance. Read More.
• Negative Sentiment: Geopolitical and supply‑chain risks: Middle East tensions and "zero‑availability" constraints are flagged as potential disruptors that could trigger short‑term selloffs if supply or logistics issues worsen. Read More.
• Negative Sentiment: High expectations raise volatility risk: With shares near multi‑year highs and strong momentum priced in, any earnings or guidance miss could produce an outsized downside move. Read More.

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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