Bank of New York Mellon Corp Sells 2,265,595 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Bank of New York Mellon Corp trimmed its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 16.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 11,591,375 shares of the semiconductor company’s stock after selling 2,265,595 shares during the quarter. Taiwan Semiconductor Manufacturing comprises about 0.6% of Bank of New York Mellon Corp’s holdings, making the stock its 19th biggest holding. Bank of New York Mellon Corp’s holdings in Taiwan Semiconductor Manufacturing were worth $3,522,503,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Stephens Consulting LLC increased its position in Taiwan Semiconductor Manufacturing by 82.0% in the 4th quarter. Stephens Consulting LLC now owns 91 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 41 shares in the last quarter. Ares Financial Consulting LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $29,000. Basepoint Wealth LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $31,000. Maseco LLP acquired a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter valued at about $35,000. Finally, Westend Capital Management LLC lifted its stake in shares of 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 acquiring an additional 100 shares during the period. 16.51% of the stock is owned by institutional investors.

Insider Activity

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien purchased 2,000 shares of the stock in a transaction on Tuesday, May 19th. The stock was bought at an average cost of $69.91 per share, for a total transaction of $139,820.00. Following the completion of the acquisition, the vice president directly owned 11,051 shares of the company’s stock, valued at $772,575.41. The trade was a 22.10% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Tzu-Sou Chuang sold 200,000 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total value of $13,966,000.00. Following the completion of the sale, the vice president owned 2,495,165 shares of the company’s stock, valued at $174,237,371.95. This trade represents a 7.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders acquired 3,346 shares of company stock valued at $218,005 over the last 90 days. Corporate insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: TSMC is trading in or near a buy zone as the broader market rally and strong momentum in AI-related semiconductor stocks support the shares. Dow Jones AI Giant Caterpillar, Nvidia Chipmaker TSMC In Or Near Buy Zones
• Positive Sentiment: Nvidia’s stronger outlook after CEO Jensen Huang’s Computex keynote is lifting optimism around key suppliers like TSMC, since the company benefits from demand for advanced AI chips and manufacturing capacity. Why Is Nvidia (NVDA) Stock Soaring Today
• Positive Sentiment: TSMC is being highlighted in multiple AI and semiconductor watchlists, reinforcing the view that investors see it as a core winner from ongoing AI infrastructure spending. Zacks Investment Ideas feature highlights: NVIDIA, HubSpot, Fluence Energy, CoreWeave and Taiwan
• Neutral Sentiment: Hedge-fund ownership remains a point of interest, but this item does not point to a clear near-term catalyst by itself. Taiwan Semiconductor (TSM): One of the Most Owned Stocks by Hedge Funds?
• Neutral Sentiment: Analysts and market commentary continue to debate valuation and whether the stock is overextended after its strong run, which may cap enthusiasm even as fundamentals stay strong. Is Taiwan Semiconductor Manufacturing Co Ltd (TSM) Overvalued After 4.1% Rally? GF Value Says Overvalued
• Negative Sentiment: TSMC’s reported 15% price increase for 3nm chips could squeeze some customers’ margins, even though it also signals tight supply and strong AI demand. TSMC’s Price Hike Is Bad For Nvidia Margins — And Potentially Great For Nvidia Stock
• Negative Sentiment: TSMC’s ADR premium falling as Taiwan-listed shares outperform suggests some relative valuation compression for the U.S.-traded shares. TSMC ADR Premium Falls To Two-Year Low As Taipei Shares Surge

Analysts Set New Price Targets

Several brokerages have recently issued reports on TSM. Weiss Ratings raised Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 20th. Zacks Research lowered Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Wedbush reaffirmed an “outperform” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, February 11th. Needham & Company LLC upped their price target on Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Finally, Wall Street Zen raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Sunday, March 22nd. Two research 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 stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Buy” and an average target price of $404.29.

Taiwan Semiconductor Manufacturing Trading Up 2.4%

NYSE:TSM opened at $446.09 on Wednesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $193.64 and a 1-year high of $449.39. The business’s 50-day moving average price is $380.19 and its two-hundred day moving average price is $343.92. The company has a current ratio of 2.49, a quick ratio of 2.31 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $2.31 trillion, a price-to-earnings ratio of 37.11, a PEG ratio of 1.27 and a beta of 1.38.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 36.81% and a net margin of 46.97%.The firm had revenue of $30.65 billion for the quarter. On average, equities analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.28 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be issued a $1.1136 dividend. This represents a $4.45 annualized dividend and a dividend yield of 1.0%. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. The ex-dividend date is Wednesday, September 16th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 24.71%.

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.