Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Thornburg Investment Management Inc.

Thornburg Investment Management Inc. trimmed its position in 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 and Exchange Commission (SEC). The firm owned 664,576 shares of the semiconductor company’s stock after selling 44,120 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for approximately 2.4% of Thornburg Investment Management Inc.’s portfolio, making the stock its 9th largest holding. 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 modified their holdings of TSM. Heartwood Wealth Advisors LLC acquired a new position in Taiwan Semiconductor Manufacturing during the third quarter valued at approximately $32,000. Fairman Group LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 171.2% in the 3rd quarter. Fairman Group LLC now owns 141 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 89 shares during the period. Resources Management Corp CT ADV purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $32,000. Delta Asset Management LLC TN lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 50.0% during the 3rd quarter. Delta Asset Management LLC TN now owns 150 shares of the semiconductor company’s stock valued at $42,000 after acquiring an additional 50 shares in the last quarter. Finally, Navigoe LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the 3rd quarter worth $42,000. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE TSM opened at $387.45 on Thursday. The company has a quick ratio of 2.47, a current ratio of 2.69 and a debt-to-equity ratio of 0.19. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $134.25 and a fifty-two week high of $390.21. The business has a 50 day moving average price of $333.85 and a two-hundred day moving average price of $296.18. The firm has a market cap of $2.01 trillion, a PE ratio of 36.38, a price-to-earnings-growth ratio of 1.08 and a beta of 1.31.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Thursday, February 26th. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 36.18% and a net margin of 45.13%.The company had revenue of $30.65 billion for the quarter. Sell-side 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 business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 11th will be issued a dividend of $0.9503 per share. This represents a $3.80 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, June 11th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 23.57%.

Taiwan Semiconductor Manufacturing News Summary

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

Wall Street Analyst Weigh In

Several research analysts have commented on TSM shares. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. The Goldman Sachs Group reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, January 5th. Argus upgraded Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a report on Thursday, January 15th. DA Davidson upgraded Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a report on Friday, February 13th. Finally, TD Cowen lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the company a “hold” rating in a research note on Friday, January 16th. Four investment 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, the stock has an average rating of “Buy” and a consensus price target of $391.43.

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.