Forge First Asset Management Inc. Reduces Stock Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Forge First Asset Management Inc. decreased its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 36.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,170 shares of the semiconductor company’s stock after selling 25,100 shares during the quarter. Taiwan Semiconductor Manufacturing comprises approximately 5.7% of Forge First Asset Management Inc.’s holdings, making the stock its 6th largest position. Forge First Asset Management Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $12,330,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Massachusetts Financial Services Co. MA grew its stake in shares of Taiwan Semiconductor Manufacturing by 3.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 15,759,419 shares of the semiconductor company’s stock worth $4,401,448,000 after acquiring an additional 541,047 shares during the last quarter. Bank of America Corp DE boosted its holdings in Taiwan Semiconductor Manufacturing by 0.8% in the 2nd 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 purchasing an additional 115,158 shares during the period. Jennison Associates LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 4.5% in the 3rd quarter. Jennison Associates LLC now owns 12,591,542 shares of the semiconductor company’s stock valued at $3,516,692,000 after purchasing an additional 544,750 shares during the period. Alliancebernstein L.P. grew its position in Taiwan Semiconductor Manufacturing by 18.0% in the 2nd quarter. Alliancebernstein L.P. now owns 10,457,800 shares of the semiconductor company’s stock worth $2,368,587,000 after purchasing an additional 1,593,786 shares during the last quarter. Finally, WCM Investment Management LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 0.3% during the 3rd quarter. WCM Investment Management LLC now owns 10,090,519 shares of the semiconductor company’s stock worth $2,757,033,000 after purchasing an additional 31,860 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Down 2.8%

Shares of TSM opened at $376.93 on Friday. The company has a current ratio of 2.69, a quick ratio of 2.47 and a debt-to-equity ratio of 0.19. The stock has a market cap of $1.95 trillion, a PE ratio of 35.39, a PEG ratio of 1.08 and a beta of 1.31. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $390.20. The stock has a 50 day simple moving average of $335.69 and a 200-day simple moving average of $296.74.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Thursday, February 26th. The semiconductor company reported $3.11 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 36.18% and a net margin of 45.13%.The firm had revenue of $30.65 billion for the quarter. On average, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders 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 annualized dividend and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 28.64%.

Wall Street Analysts Forecast Growth

TSM has been the subject of several research reports. DA Davidson upgraded shares of Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research note on Friday, February 13th. UBS Group set a $330.00 price objective on Taiwan Semiconductor Manufacturing in a research report on Sunday, December 7th. Wedbush reissued an “outperform” rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, February 11th. Weiss Ratings restated a “buy (b-)” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, December 29th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, January 2nd. Four research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Taiwan Semiconductor Manufacturing has a consensus rating of “Buy” and an average price target of $391.43.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Strong quarterly results — TSMC reported $3.11 EPS and $30.65B revenue with a 45% net margin and 36% ROE, reinforcing its cash-generative operating profile. Earnings Release
• Positive Sentiment: Dividend increase and upbeat guidance — management boosted the annual dividend ~28% (TWD 18 → TWD 23) and guided to strong revenue growth (cited ~38% for Q1), which supports income and growth narratives. Dividend & Guidance Article
• Positive Sentiment: Longer-term AI upside — analyst coverage highlights TSMC’s dominance in AI chip manufacturing and forecasts AI-related wafer/service revenue growing at a high CAGR (reported as ~60% through 2029), supporting multi‑year demand. AI Growth Article
• Positive Sentiment: Demand tailwinds from Nvidia & the AI cycle — coverage notes Nvidia’s AI surge has lifted chip demand and investor enthusiasm for foundries, helping TSMC reach new market-cap milestones. Nvidia/Tailwind Article
• Neutral Sentiment: Inclusion in international ETFs and buy-side interest — TSMC features in large ex‑US ETFs (eg. VEU) and has an average “Buy” consensus from brokerages, which supports sustained institutional demand but also ties performance to international flows. VEU/ETF Article
• Neutral Sentiment: Analyst lists and momentum coverage — TSMC is frequently cited among stocks near 52‑week highs with further upside potential, keeping it on investors’ watchlists but also highlighting valuation scrutiny. Zacks Momentum Article
• Negative Sentiment: Profit‑taking after a strong run — TSMC has recently hit 52‑week highs and some of today’s pullback looks like short‑term profit‑taking and rebalancing by funds that locked gains. 52‑Week High Article
• Negative Sentiment: Geopolitical and market‑rotation risks — commentators note rising geopolitical concerns and a broader rotation away from U.S. tech that could increase perceived execution or supply‑chain risk for Taiwan‑based exporters. Geopolitical Risk Article

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.