Verity Asset Management Inc. Trims Stock Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Verity Asset Management cut its stake in Taiwan Semiconductor Manufacturing by 73.9% in Q4, selling 2,207 shares and leaving 781 shares worth about $237,000 at quarter end.
• Analyst sentiment is bullish: TSMC has a consensus rating of "Buy" with a consensus price target of $404.29, and some firms (e.g., Needham) have raised targets (Needham to $480) and upgraded ratings recently.
• Key company metrics and actions: TSMC has a market cap of about $2.05 trillion, reported $3.11 EPS and $30.65 billion revenue last quarter, announced a quarterly dividend of $0.9503 (annualized $3.80, ~1.0% yield), and a VP recently bought 1,000 shares.

Verity Asset Management Inc. lessened its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 73.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 781 shares of the semiconductor company's stock after selling 2,207 shares during the quarter. Verity Asset Management Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $237,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of TSM. Jennison Associates LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 6.4% in the 4th quarter. Jennison Associates LLC now owns 13,394,299 shares of the semiconductor company's stock valued at $4,070,393,000 after purchasing an additional 802,757 shares in the last quarter. Cannon Capital Management Inc. acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth approximately $887,000. Heritage Investment Group Inc. bought a new stake in shares of Taiwan Semiconductor Manufacturing in the fourth quarter worth $222,000. Wagner Wealth Management LLC raised its holdings in Taiwan Semiconductor Manufacturing by 28.6% in the fourth quarter. Wagner Wealth Management LLC now owns 2,250 shares of the semiconductor company's stock valued at $684,000 after acquiring an additional 501 shares in the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co raised its holdings in Taiwan Semiconductor Manufacturing by 0.7% in the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 38,560 shares of the semiconductor company's stock valued at $11,718,000 after acquiring an additional 277 shares in the last quarter. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TSM. Sanford C. Bernstein reissued an "outperform" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, January 2nd. Dbs Bank upgraded shares of Taiwan Semiconductor Manufacturing to a "moderate buy" rating in a research note on Friday, January 23rd. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, January 5th. Needham & Company LLC lifted their price target on 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, Argus raised Taiwan Semiconductor Manufacturing to a "strong-buy" rating in a report on Thursday, January 15th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing has a consensus rating of "Buy" and a consensus price target of $404.29.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC signed a long-term (30‑year) corporate power purchase agreement for additional output from the Hai Long offshore wind project, securing renewable power and price certainty for its Taiwan fabs — a durable operating-cost and ESG positive. Northland Power Signs Long-Term CPPA for Hai Long
• Positive Sentiment: Analyst upgrades: Erste Group has raised FY2026/FY2027 EPS forecasts for TSMC, reflecting stronger-than-expected margin and demand assumptions — this supports higher earnings expectations and valuation. MarketBeat TSMC Profile
• Positive Sentiment: Ongoing AI demand: industry commentary (MediaTek, analysts, coverage pieces) continues to underscore accelerating data‑center spending, which benefits TSMC as the dominant advanced-node contract manufacturer. That macro demand tailwind is a primary bullish driver. No question the AI megatrend continues
• Neutral Sentiment: Market narratives and price-target stories (buy-and-hold analyses, “backbone of AI” pieces) are supporting investor sentiment but may already be priced in after recent runs; they reinforce the AI thesis without adding new operational info. Market commentary on TSMC
• Negative Sentiment: Competition risk: Samsung says it expects to win more advanced-logic customers and is reviewing U.S. fab expansion, a reminder that TSMC faces aggressive capacity and technology competition at the margin. Samsung expects to win more customers
• Negative Sentiment: Supply‑chain cost pressure: suppliers such as Delta Electronics warned of rising costs and tight capacity tied to AI datacenter demand — that could push capex and operating costs higher across the ecosystem, potentially compressing near-term margins. Delta Electronics warns costs rising
• Negative Sentiment: Sentiment/valuation noise: TSMC’s exit from its Arm stake and worries around OpenAI growth targets have created episodic volatility in related names; these narrative risks can pressure multiples even if TSMC fundamentals remain solid. TSMC exit and OpenAI concerns

Taiwan Semiconductor Manufacturing Stock Up 0.6%

TSM stock opened at $396.37 on Friday. 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 Company Ltd. has a 1-year low of $170.59 and a 1-year high of $414.50. The firm has a fifty day moving average price of $359.03 and a two-hundred day moving average price of $327.65. The firm has a market cap of $2.05 trillion, a price-to-earnings ratio of 32.98, a PEG ratio of 1.15 and a beta of 1.35.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings results 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 for the quarter. Research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.24 EPS for the current 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 yield of 1.0%. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is currently 24.71%.

Insider Transactions at Taiwan Semiconductor Manufacturing

In related news, VP Bor-Zen Tien bought 1,000 shares of the firm's stock in a transaction on Sunday, March 22nd. The stock was bought at an average cost of $55.93 per share, for a total transaction of $55,930.00. Following the completion of the purchase, the vice president directly owned 9,051 shares in the company, valued at approximately $506,222.43. The trade was a 12.42% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.11% of the stock is owned by corporate insiders.

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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