Sumitomo Mitsui Trust Group Inc. Sells 13,527 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Sumitomo Mitsui Trust Group trimmed its stake in Taiwan Semiconductor (TSM) by 3.1%, selling 13,527 shares and leaving it with 423,334 shares valued at about $128.65 million per its latest 13F filing.
• Strong AI-driven outlook: TSMC guided Q1 revenue of $34.6–$35.8 billion (nearly 40% YoY) and analysts expect continued record profits, giving the stock a consensus "Buy" rating with an average price target of $391.43.
• Insider and fundamentals update: A VP purchased 1,000 shares (insiders own 1.11%), while the company has a $1.91 trillion market cap, a PE of 34.7 and an annualized dividend of $3.80 (≈1.0% yield).

Sumitomo Mitsui Trust Group Inc. lowered its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 3.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 423,334 shares of the semiconductor company's stock after selling 13,527 shares during the period. Sumitomo Mitsui Trust Group Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $128,647,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Steigerwald Gordon & Koch Inc. raised its position in shares of Taiwan Semiconductor Manufacturing by 2.3% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 3,637 shares of the semiconductor company's stock worth $1,105,000 after acquiring an additional 82 shares in the last quarter. KG&L Capital Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 20.8% in the 4th quarter. KG&L Capital Management LLC now owns 20,925 shares of the semiconductor company's stock worth $6,359,000 after acquiring an additional 3,598 shares in the last quarter. Prosperity Advisers LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $258,000. Diligent Investors LLC bought a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $208,000. Finally, Aljian Capital Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 3.4% in the 4th quarter. Aljian Capital Management LLC now owns 4,418 shares of the semiconductor company's stock worth $1,343,000 after acquiring an additional 145 shares in the last quarter. Institutional investors own 16.51% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on TSM. Freedom Capital raised Taiwan Semiconductor Manufacturing to a "strong-buy" rating in a research report on Thursday, January 15th. Zacks Research lowered Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 16th. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, January 9th. Barclays raised their price objective 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. Finally, Weiss Ratings raised Taiwan Semiconductor Manufacturing from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, March 20th. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $391.43.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Surging AI demand and strong guidance: TSMC is guiding Q1 revenue of $34.6–$35.8B (nearly 40% YoY) and analysts expect continued record profits driven by AI/data-center chips — a primary bullish driver for sales and multiple expansion. Taiwan Semiconductor Q1: Middle East War Consequences And The Zero-Availability Crisis
• Positive Sentiment: Record-profit expectations: Multiple outlets report TSMC is likely to post a fourth straight quarter of record profit and large YoY net-profit gains as AI chip demand lifts revenue and pricing power. This frames expectations for an earnings beat. TSMC likely to book fourth straight quarter of record profit on insatiable AI demand
• Positive Sentiment: Technology/roadmap upside: Advanced nodes now make up a large portion of wafer revenue and TSMC has 2nm in mass production, supporting long-term premium margins and market share in AI chips. Taiwan Semiconductor Q1: Middle East War Consequences And The Zero-Availability Crisis
• Positive Sentiment: Insider buy: CEO Che-Chia Wei made a small open-market purchase, a near-term positive governance/confidence signal for investors. SEC Form 4 disclosure
• Neutral Sentiment: Consensus/expectations set to favor a beat: Multiple previews and analyst notes (Zacks, Yahoo, Motley Fool) expect TSMC to beat Q1 estimates, which raises the bar for a strong beat and increases post-earnings volatility. 3 Quarterly Reports to Watch This Week: NFLX, PEP, TSM
• Neutral Sentiment: ETF and index flow focus: Coverage highlights ETFs and funds as a lever for near-term inflows/outflows tied to TSMC’s earnings reaction, which can amplify moves but is not a fundamental change. ETFs to Play Taiwan Semiconductor's Upbeat Results on AI Boom
• Negative Sentiment: Rising costs from overseas expansion: Several previews warn that capex and higher operating costs for overseas fabs could pressure margins even as revenue rises — a key earnings risk. TSM Likely to Beat Q1 Earnings Estimates: How to Play the Stock?
• Negative Sentiment: Geopolitical and supply risks: Middle East tensions and broader “zero-availability” supply constraints are flagged as potential disruptors to the supply chain and market sentiment, which can trigger short-term selloffs. Taiwan Semiconductor Q1: Middle East War Consequences And The Zero-Availability Crisis
• Negative Sentiment: Potential for elevated volatility: With high expectations priced in (near all-time highs, strong momentum), any miss or conservative guidance could amplify downside given stretched multiples. TSMC Q1 Earnings Preview: What to Expect From Upcoming Report

Insider Activity at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien bought 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Sunday, March 22nd. The stock was acquired at an average price 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.11% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Down 0.3%

TSM stock opened at $369.60 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $145.84 and a twelve month high of $390.20. The company has a quick ratio of 2.42, a current ratio of 2.62 and a debt-to-equity ratio of 0.17. The firm has a market cap of $1.91 trillion, a PE ratio of 34.70, a price-to-earnings-growth ratio of 1.01 and a beta of 1.35. The business has a 50 day moving average of $351.80 and a 200 day moving average of $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 for the quarter. The company had revenue of $30.65 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 34.89% and a net margin of 45.13%. On average, research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS 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. Shareholders of record on Thursday, June 11th will be issued a $0.9503 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 28.17%.

Taiwan Semiconductor Manufacturing 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.

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