Thornburg Investment Management Inc. Sells 44,120 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Thornburg Investment Management Inc. lessened its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 6.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 664,576 shares of the semiconductor company’s stock after selling 44,120 shares during the period. Taiwan Semiconductor Manufacturing comprises 2.4% of Thornburg Investment Management Inc.’s portfolio, making the stock its 9th largest position. Thornburg Investment Management Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $185,609,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Jennison Associates LLC lifted its stake in Taiwan Semiconductor Manufacturing by 26.7% during the second quarter. Jennison Associates LLC now owns 12,046,792 shares of the semiconductor company’s stock worth $2,728,478,000 after purchasing an additional 2,537,760 shares during the last quarter. Brown Advisory Inc. raised its holdings in shares of Taiwan Semiconductor Manufacturing by 43.2% during the second quarter. Brown Advisory Inc. now owns 6,650,983 shares of the semiconductor company’s stock worth $1,506,389,000 after purchasing an additional 2,006,745 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in shares of Taiwan Semiconductor Manufacturing by 109.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,526,160 shares of the semiconductor company’s stock worth $798,640,000 after buying an additional 1,842,951 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 268.2% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,499,677 shares of the semiconductor company’s stock valued at $566,152,000 after buying an additional 1,820,852 shares during the period. Finally, Alliancebernstein L.P. grew its position in shares of Taiwan Semiconductor Manufacturing by 18.0% during the 2nd quarter. Alliancebernstein L.P. now owns 10,457,800 shares of the semiconductor company’s stock valued at $2,368,587,000 after buying an additional 1,593,786 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TSM. UBS Group set a $330.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Sunday, December 7th. Freedom Capital raised Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a report on Thursday, January 15th. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. DA Davidson raised Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research report on Friday, February 13th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Monday, January 5th. Four equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $391.43.

Taiwan Semiconductor Manufacturing Stock Up 0.4%

TSM opened at $387.45 on Thursday. The stock’s 50 day moving average price is $333.85 and its 200 day moving average price is $296.18. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.69 and a quick ratio of 2.47. The stock has a market cap of $2.01 trillion, a P/E ratio of 36.38, a P/E/G ratio of 1.08 and a beta of 1.31. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $390.21.

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 company had revenue of $30.65 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 36.18% and a net margin of 45.13%. As a group, research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 11th will be paid a $0.9503 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, June 11th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 23.57%.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: TSMC reported strong quarterly results: $3.11 EPS on $30.65B revenue with a 45.1% net margin and 36% ROE — fundamentals that support the stock’s rally.
• Positive Sentiment: TSMC raised its annual dividend ~28% (to at least TWD 23) and guided for ~38% revenue growth in Q1 2026 — a clear signal of management confidence and cash-return to shareholders. TSMC Raises Dividend 28%
• Positive Sentiment: Market commentary notes TSMC has joined the $2T+ club and hit a 52-week high as Nvidia’s AI surge and large chip supply deals boost foundry demand — reinforcing investor enthusiasm. Nvidia’s Rise Created New $2T Giant
• Neutral Sentiment: Flows into international ETFs and a “sell U.S.” trade have lifted ex-U.S. large caps (VEU holds TSMC), which can amplify buying in TSM. VEU ETF Article
• Neutral Sentiment: Industry dynamics — Nvidia and AMD earnings/announcements and big-tech AI capex plans — are driving foundry order momentum that benefits TSMC but introduce dependency on a continued AI spending cycle. Nvidia Results and AI Market
• Negative Sentiment: Analysts flag margin pressure risk from overseas fab expansion and geopolitical uncertainty — management expects a modest 2–4% hit from non-Taiwan fabs, raising questions about sustaining 60%+ gross margins. Can TSM Sustain 60%+ Gross Margin?
• Negative Sentiment: Broader market volatility tied to AI fear/dystopian narratives and tech rotation could create short-term pullbacks despite TSMC’s strong fundamentals. Skittish Investors Spooked

About Taiwan Semiconductor Manufacturing

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.