Sanders Capital LLC Reduces Stock Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Sanders Capital LLC trimmed its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 15.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,280,404 shares of the semiconductor company’s stock after selling 5,999,140 shares during the quarter. Taiwan Semiconductor Manufacturing comprises about 11.1% of Sanders Capital LLC’s investment portfolio, making the stock its biggest holding. Sanders Capital LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $9,015,594,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of TSM. Fisher Asset Management LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 1.0% in the 3rd quarter. Fisher Asset Management LLC now owns 17,833,127 shares of the semiconductor company’s stock worth $4,980,614,000 after purchasing an additional 168,171 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in Taiwan Semiconductor Manufacturing by 3.6% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 15,759,419 shares of the semiconductor company’s stock valued at $4,401,448,000 after buying an additional 541,047 shares in the last quarter. Bank of America Corp DE raised its stake in Taiwan Semiconductor Manufacturing by 0.8% during the second quarter. Bank of America Corp DE now owns 14,805,720 shares of the semiconductor company’s stock valued at $3,353,348,000 after buying an additional 115,158 shares during the last quarter. Jennison Associates LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 4.5% in the third quarter. Jennison Associates LLC now owns 12,591,542 shares of the semiconductor company’s stock worth $3,516,692,000 after acquiring an additional 544,750 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in Taiwan Semiconductor Manufacturing by 18.0% in the second quarter. Alliancebernstein L.P. now owns 10,457,800 shares of the semiconductor company’s stock worth $2,368,587,000 after acquiring an additional 1,593,786 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. TD Cowen raised their price target on Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the company a “hold” rating in a report on Friday, January 16th. Wedbush reissued an “outperform” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, February 11th. Argus upgraded shares of Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research note on Thursday, January 15th. Needham & Company LLC lifted their target price on shares of Taiwan Semiconductor Manufacturing from $360.00 to $410.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Finally, DA Davidson upgraded shares of Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a report on Friday, February 13th. Four analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $391.43.

Taiwan Semiconductor Manufacturing Trading Up 2.1%

NYSE:TSM opened at $354.35 on Thursday. The company has a market cap of $1.84 trillion, a PE ratio of 33.27, a price-to-earnings-growth ratio of 0.95 and a beta of 1.29. The company has a current ratio of 2.62, a quick ratio of 2.42 and a debt-to-equity ratio of 0.17. The company has a 50 day simple moving average of $345.96 and a two-hundred day simple moving average of $304.58. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $390.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Thursday, February 26th. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter. The firm had revenue of $30.65 billion for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 34.89% and a net margin of 45.13%. Research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 11th will be given a $0.9503 dividend. The ex-dividend date is Thursday, June 11th. This represents a $3.80 annualized dividend and a yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 23.57%.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Bank of America reiterated a Buy on TSM with a $470 price target, reinforcing confidence in TSM’s technology leadership and margin upside — a clear catalyst for investor buying. TSMC: Resilient Growth, Sustained Technology Leadership, and Margin Upside Support Buy Rating
• Positive Sentiment: Zacks upgraded TSMC to a Zacks Rank #1 (Strong Buy), signalling rising optimism on earnings prospects and likely adding to buying pressure from retail and quant flows. TSMC (TSM) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Multiple reports show strong February sales and continued AI-driven revenue growth (reports of ~22–30% year-over-year sales gains and industry-wide semiconductor sales surging), supporting the bull case for higher future earnings and cash flow. TSMC Stock Is Rising. Chip Maker Revenue Jumps 30% on AI Demand
• Neutral Sentiment: Macro risk from the Iran war and energy-market shocks is creating short-term volatility across foreign stocks; analysts note growth drivers remain intact but near-term uncertainty could intermittently pressure sentiment. Foreign Stocks Are Reeling From the Iran War. Buying the Dip Could Pay Off.
• Neutral Sentiment: Analyst commentary and sector reports highlight booming semiconductor demand (AI-led), which is supportive but also raises expectations—keeping moves sensitive to execution and guidance. The Zacks Analyst Blog Analog Devices, NXP, Taiwan and NVIDIA
• Negative Sentiment: Barron’s flagged that despite strong revenue growth investors are focused on seasonal weakness and the risk of energy disruptions — factors that can cap multiple expansion and trigger short-term profit-taking. TSMC Stock Slips. Why Strong Revenue Growth Isn’t Enough for Investors
• Negative Sentiment: At least one report noted industry shares fell after Taiwan Semiconductor’s sales were said to have come in below some expectations, a reminder that any miss or cautious commentary can quickly weigh on the more richly valued chip group. Impinj and IPG Photonics Shares Are Falling, What You Need To Know
• Negative Sentiment: Valuation debate articles highlight that TSMC’s rally (big gains over recent months) raises concerns about whether current multiples fully price in cyclical/energy risks — a potential headwind if growth expectations slip. Taiwan Semiconductor Manufacturing (NYSE:TSM) Valuation Debate Defines Market Narrative

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.