Montrusco Bolton Investments Inc. Sells 154,896 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Montrusco Bolton Investments Inc. lowered its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 17.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 708,231 shares of the semiconductor company’s stock after selling 154,896 shares during the period. Taiwan Semiconductor Manufacturing makes up 2.2% of Montrusco Bolton Investments Inc.’s investment portfolio, making the stock its 19th largest holding. Montrusco Bolton Investments Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $185,798,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Childress Capital Advisors LLC boosted its stake in Taiwan Semiconductor Manufacturing by 145.3% during the 3rd quarter. Childress Capital Advisors LLC now owns 3,192 shares of the semiconductor company’s stock valued at $891,000 after purchasing an additional 1,891 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 9.4% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 101,876 shares of the semiconductor company’s stock valued at $28,470,000 after buying an additional 8,738 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in Taiwan Semiconductor Manufacturing by 28.6% in the 3rd quarter. Hantz Financial Services Inc. now owns 37,216 shares of the semiconductor company’s stock worth $10,394,000 after buying an additional 8,284 shares in the last quarter. Hollencrest Capital Management raised its position in Taiwan Semiconductor Manufacturing by 125.3% in the 3rd quarter. Hollencrest Capital Management now owns 5,216 shares of the semiconductor company’s stock worth $1,457,000 after buying an additional 2,901 shares during the last quarter. Finally, Cherokee Insurance Co bought a new position in Taiwan Semiconductor Manufacturing during the 2nd quarter valued at about $1,248,000. Institutional investors own 16.51% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. DA Davidson raised shares of Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a report on Friday, February 13th. Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. TD Cowen raised their price target on Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the stock a “hold” rating in a research note on Friday, January 16th. Freedom Capital upgraded Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research report on Thursday, January 15th. Finally, Needham & Company LLC raised their target price on Taiwan Semiconductor Manufacturing from $360.00 to $410.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. Four investment 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’s stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing has an average rating of “Buy” and an average price target of $391.43.

More Taiwan Semiconductor Manufacturing News

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

Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $387.45 on Thursday. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $134.25 and a 52 week high of $390.21. The company has a quick ratio of 2.47, a current ratio of 2.69 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $2.01 trillion, a price-to-earnings ratio of 36.38, a PEG ratio of 1.08 and a beta of 1.31. The stock’s 50-day simple moving average is $333.85 and its 200-day simple moving average is $296.18.

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

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, June 11th will be given a dividend of $0.9503 per share. The ex-dividend date is Thursday, June 11th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 23.57%.

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.