Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Position Reduced by GRIMES & Co WEALTH MANAGEMENT LLC

Key Points

• GRIMES & Co WEALTH MANAGEMENT LLC trimmed its stake in Taiwan Semiconductor by 10.5% in Q4, selling 16,869 shares and leaving 144,428 shares valued at $43.89 million (TSM is its 19th-largest holding).
• Wall Street remains largely positive on TSMC — the consensus rating is Buy with an average price target of $404.29 and several recent upgrades/target increases (e.g., DA Davidson $450, TD Cowen $370).
• TSMC reported strong quarterly results (EPS $3.11, revenue $30.65 billion, net margin 46.97%) and announced a quarterly dividend of $0.9503 per share (annualized $3.80, yield ~0.9%).

GRIMES & Co WEALTH MANAGEMENT LLC cut its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 10.5% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 144,428 shares of the semiconductor company's stock after selling 16,869 shares during the period. Taiwan Semiconductor Manufacturing comprises approximately 1.0% of GRIMES & Co WEALTH MANAGEMENT LLC's holdings, making the stock its 19th largest position. GRIMES & Co WEALTH MANAGEMENT LLC's holdings in Taiwan Semiconductor Manufacturing were worth $43,890,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Stephens Consulting LLC grew its position in Taiwan Semiconductor Manufacturing by 82.0% during the fourth quarter. Stephens Consulting LLC now owns 91 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 41 shares in the last quarter. Ares Financial Consulting LLC purchased a new position in Taiwan Semiconductor Manufacturing during the fourth quarter valued at approximately $29,000. Maseco LLP purchased a new position in Taiwan Semiconductor Manufacturing during the fourth quarter valued at approximately $35,000. Westend Capital Management LLC grew its position in Taiwan Semiconductor Manufacturing by 476.2% during the fourth quarter. Westend Capital Management LLC now owns 121 shares of the semiconductor company's stock valued at $37,000 after purchasing an additional 100 shares in the last quarter. Finally, Cedar Wealth Management LLC grew its position in Taiwan Semiconductor Manufacturing by 91.4% in the third quarter. Cedar Wealth Management LLC now owns 134 shares of the semiconductor company's stock worth $37,000 after acquiring an additional 64 shares in the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TSM has been the subject of several recent research reports. Citigroup reissued a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, January 9th. TD Cowen boosted 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. Freedom Capital raised shares of Taiwan Semiconductor Manufacturing to a "strong-buy" rating in a research report on Thursday, January 15th. DA Davidson reissued a "buy" rating and issued a $450.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 17th. Finally, Weiss Ratings raised shares of Taiwan Semiconductor Manufacturing from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, March 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Taiwan Semiconductor Manufacturing currently has an average rating of "Buy" and a consensus price target of $404.29.

Taiwan Semiconductor Manufacturing Price Performance

NYSE:TSM opened at $414.30 on Friday. The stock has a market cap of $2.15 trillion, a P/E ratio of 34.47, a PEG ratio of 1.23 and a beta of 1.39. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $173.66 and a one year high of $420.00. The company has a fifty day moving average price of $361.06 and a 200 day moving average price of $330.36. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.51 and a quick ratio of 2.32.

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 (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 38.17%. The company had revenue of $30.65 billion during the quarter. Analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.24 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 11th will be given a dividend of $0.9503 per share. The ex-dividend date is Thursday, June 11th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 0.9%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 24.71%.

Insider Activity

In other news, VP Bor-Zen Tien bought 1,000 shares of the company's stock in a transaction that occurred on Sunday, March 22nd. The stock was acquired at an average price of $55.93 per share, for a total transaction of $55,930.00. Following the transaction, the vice president directly owned 9,051 shares of the company's stock, valued at $506,222.43. This trade represents a 12.42% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.11% of the stock is owned by company insiders.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Fisher Asset Management increased its TSMC stake by 470,791 shares, signaling institutional confidence and adding a concrete buyer to the register. Fisher Asset Management boosts TSMC stake by 470,791 shares
• Positive Sentiment: TSMC is being highlighted by long‑term buy lists — InsiderMonkey names TSM among the "5 Best Stocks to Buy for the Next 15 Years," reinforcing buy‑and‑hold narratives for investors focused on secular AI/compute demand. 5 Best Stocks to Buy for the Next 15 Years
• Positive Sentiment: Analyst/strategy pieces continue to cast TSMC as an income/AI exposure play (Zacks includes it among dividend‑paying tech names with AI upside), which supports demand from income‑oriented investors. These 3 Dividend Paying Tech Stocks Offer AI Exposure
• Neutral Sentiment: BofA research says ASML will benefit from demand for existing EUV systems (Low‑NA) more than High‑NA in the near term — favorable for industry equipment orders but only indirectly impacts TSMC’s near‑term revenue. ASML to reap benefits from demand from Low-NA EUV adoption
• Neutral Sentiment: Macro/sector commentary positions TSMC as a "pick‑and‑shovel" AI beneficiary, supporting the long‑term thesis even if short‑term volatility persists. The Next Phase of the AI Boom Could Be Even Kinder to the Pick-and-Shovel Plays
• Neutral Sentiment: Roundup of analyst upgrades/downgrades mentions TSM among movers but without a singular directional catalyst; this keeps intraday flows mixed. SA analyst upgrades/downgrades: TSM, OXY, VLO, HOG
• Negative Sentiment: Apple is holding exploratory talks with Intel and Samsung about producing some processors outside TSMC to reduce supply‑chain/geopolitical risk — this raises the risk of future order diversification away from TSMC. Apple Explores New Chip Suppliers As Investors Weigh Supply Chain Risks
• Negative Sentiment: Seeking Alpha flags "early signs of formidable foundry competition," highlighting capacity/cost pressures and ramp risks that could weigh on TSMC’s premium pricing over time. TSMC: Early Signs Of Formidable Foundry Competition
• Negative Sentiment: Large, speculative plans (e.g., SpaceX/Terafab) and increased investment from rivals represent a long‑term competitive overhang—highly uncertain but watched by investors as a potential industry disruptor. Elon Musk Plans To Spend Up To $119 Billion On Chip Plant To Take On TSMC

Taiwan Semiconductor Manufacturing Company 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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