Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by M&T Bank Corp

Key Points

• M&T Bank Corp cut its stake in Taiwan Semiconductor Manufacturing by 74.8% in Q4, selling 247,908 shares and leaving it with 83,412 shares valued at about $25.35 million.
• TSMC reported a strong quarter with $3.11 EPS and $30.65 billion revenue (net margin 46.97%), carries a $2.01 trillion market cap, and a consensus analyst rating of Buy with a $404.29 target price.
• TSMC declared a quarterly dividend of $0.9503 (annualized $3.80, yield 1.0%), with an ex-dividend date of June 11 and payment on July 9; payout ratio is ~24.96%.

M&T Bank Corp lowered its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 74.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 83,412 shares of the semiconductor company's stock after selling 247,908 shares during the quarter. M&T Bank Corp's holdings in Taiwan Semiconductor Manufacturing were worth $25,348,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TSM. SurgoCap Partners LP acquired a new stake in Taiwan Semiconductor Manufacturing during the third quarter worth approximately $360,443,000. Thrivent Financial for Lutherans raised its holdings in Taiwan Semiconductor Manufacturing by 3,164.9% during the third quarter. Thrivent Financial for Lutherans now owns 1,192,927 shares of the semiconductor company's stock worth $333,172,000 after purchasing an additional 1,156,389 shares in the last quarter. Danica Pension Livsforsikringsaktieselskab acquired a new stake in Taiwan Semiconductor Manufacturing during the third quarter worth approximately $232,924,000. Man Group plc raised its holdings in Taiwan Semiconductor Manufacturing by 337.1% during the second quarter. Man Group plc now owns 1,053,421 shares of the semiconductor company's stock worth $238,589,000 after purchasing an additional 812,404 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. raised its holdings in Taiwan Semiconductor Manufacturing by 171.9% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,764 shares of the semiconductor company's stock worth $335,573,000 after purchasing an additional 757,926 shares in the last quarter. Institutional investors and hedge funds own 16.51% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM opened at $387.72 on Thursday. The company has a current ratio of 2.51, a quick ratio of 2.32 and a debt-to-equity ratio of 0.17. The firm has a market cap of $2.01 trillion, a PE ratio of 32.26, a price-to-earnings-growth ratio of 1.09 and a beta of 1.35. The company's 50 day simple moving average is $355.38 and its 200-day simple moving average is $323.73. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $156.00 and a 12-month high of $390.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter. The business had revenue of $30.65 billion for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 38.17%. As a group, equities analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.03 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 11th will be paid a $0.9503 dividend. This represents a $3.80 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, June 11th. Taiwan Semiconductor Manufacturing's payout ratio is currently 24.96%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TSM. Wedbush restated an "outperform" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, February 11th. TD Cowen raised their target price on shares of Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the stock a "hold" rating in a research report on Friday, January 16th. Zacks Research lowered shares of Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 16th. Argus upgraded shares of Taiwan Semiconductor Manufacturing to a "strong-buy" rating in a research report on Thursday, January 15th. Finally, DA Davidson restated a "buy" rating and set a $450.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $404.29.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC unveiled its A13 process (shrink of A14) and a lower-cost N2U option that target AI and mobile/HPC chips, signaling the company can keep performance and density gains while squeezing more from current EUV tools. This bolsters production roadmaps for key customers (Nvidia, Apple) and supports revenue/margin expectations. TSMC Debuts A13 Technology at 2026 North America Technology Symposium
• Positive Sentiment: TSMC demonstrated it can produce smaller, faster chips without immediately adopting ASML’s much more expensive high‑NA EUV machines — reducing near‑term capex pressure and preserving margins while keeping node progress on track. TSMC shows smaller, faster chips without a pricey new tool from ASML
• Positive Sentiment: Partnership with Synopsys to qualify silicon‑proven IP and certified EDA flows across 3nm/2nm and advanced packaging reduces time‑to‑market risk for customers building AI systems on TSMC nodes, making TSMC more sticky to AI ecosystem wins. Synopsys Partners with TSMC to Power Next-Generation AI Systems
• Positive Sentiment: Recent quarter showed record margins and strong AI-driven demand: analysts are boosting revenue and EPS forecasts, reinforcing the growth narrative and underpinning higher valuation multiples. TSMC Hits Record Margins and Raises the Bar
• Positive Sentiment: Barclays raised its price target to $470 and kept an overweight rating, providing an analyst tailwind that can support further buying interest. Barclays raises TSMC price target
• Positive Sentiment: TSMC plans to open an advanced chip packaging plant in Arizona by 2029 to relieve packaging bottlenecks for AI chips and strengthen onshore supply for US customers — a strategic move supporting long‑term demand and customer relationships. TSMC plans to open chip packaging plant in Arizona by 2029
• Neutral Sentiment: Coverage: TSMC confirmed it has only used a very small number of ASML’s high‑NA machines for R&D and called the equipment “too pricey” for current use — this reduces near‑term capex but may raise questions about longer‑term node transitions if/when high‑NA becomes necessary. TSMC says ASML’s latest chipmaking gear is too pricey to use
• Neutral Sentiment: Market reaction: ASML shares slid after reports that TSMC will delay deploying high‑NA EUV — a move that affects ASML’s near‑term revenue but is not directly negative for TSMC’s growth story. ASML shares slide 3% as TSMC delay deals blow to high-NA EUV rollout

Insider Transactions at Taiwan Semiconductor Manufacturing

In other news, VP Bor-Zen Tien acquired 1,000 shares of the company's stock in a transaction 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 purchase, the vice president owned 9,051 shares of the company's stock, valued at $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 accessible through this link. Corporate insiders own 1.11% of the company's stock.

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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