Bank of Montreal Can Trims Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Bank of Montreal Can reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 2.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 785,534 shares of the semiconductor company’s stock after selling 22,308 shares during the period. Bank of Montreal Can’s holdings in Taiwan Semiconductor Manufacturing were worth $219,392,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TSM. Brighton Jones LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 20.9% in the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company’s stock worth $2,159,000 after acquiring an additional 1,892 shares in the last quarter. Ignite Planners LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 4.7% during the second quarter. Ignite Planners LLC now owns 2,610 shares of the semiconductor company’s stock valued at $627,000 after purchasing an additional 116 shares in the last quarter. Resona Asset Management Co. Ltd. purchased a new stake in Taiwan Semiconductor Manufacturing in the second quarter worth $302,000. AE Wealth Management LLC grew its stake in Taiwan Semiconductor Manufacturing by 22.9% in the second quarter. AE Wealth Management LLC now owns 13,039 shares of the semiconductor company’s stock worth $2,953,000 after purchasing an additional 2,431 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Taiwan Semiconductor Manufacturing by 0.5% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 23,540 shares of the semiconductor company’s stock worth $5,296,000 after purchasing an additional 110 shares in the last quarter. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: TSMC reported double‑digit February revenue growth (consolidated net revenue NT$317.66B) and multiple outlets highlight Feb/early‑Q1 sales up ~22–30% year‑over‑year driven by AI chip demand — a clear near‑term tailwind for earnings. Taiwan Semiconductor’s Sales Rise 30 On A.I. Chip Demand
• Positive Sentiment: Zacks upgraded TSM to a Rank #1 (Strong Buy), reflecting growing optimism around TSMC’s earnings trajectory as AI spending accelerates — upgrades can support short‑term buying interest. TSMC (TSM) Upgraded to Strong Buy
• Neutral Sentiment: Coverage highlights TSMC as a core play on AI but flags a valuation debate after the stock’s large run — investors are reassessing whether multiples already price in future growth. Valuation Debate Defines Market Narrative
• Neutral Sentiment: Several pieces ask whether TSMC is “too late” after a ~100%+ one‑year rally — this frames growing debate between momentum investors and value/entry‑timing concerns. Is It Too Late To Consider TSMC After 106% One Year Rally
• Negative Sentiment: Barron’s notes the stock slipped because investors worry that strong revenue growth may not offset seasonal weakness and potential energy disruptions — these operational risks can compress near‑term multiples. TSMC Stock Slips. Why Strong Revenue Growth Isn’t Enough
• Negative Sentiment: Geopolitical tension in the Middle East is raising supply‑chain and energy risk chatter for chip names (including TSMC via fab energy/costs and customer disruptions), which is increasing short‑term volatility for the sector. How the Chip Supply Chain Is Threatened by Iran War

Taiwan Semiconductor Manufacturing Price Performance

TSM opened at $346.81 on Wednesday. The firm has a market cap of $1.80 trillion, a PE ratio of 32.56, a P/E/G ratio of 0.97 and a beta of 1.29. The stock has a 50-day moving average price of $344.95 and a 200-day moving average price of $304.23. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $390.20. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.62 and a quick ratio of 2.42.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Thursday, February 26th. The semiconductor company reported $3.11 EPS for the quarter. The company had revenue of $30.65 billion for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 45.13% and a return on equity of 34.89%. Sell-side analysts predict 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 declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Thursday, June 11th will be given a dividend of $0.9503 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $3.80 annualized dividend and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 23.57%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. DA Davidson raised Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research report on Friday, February 13th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, January 2nd. TD Cowen increased their price target on shares of Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the stock a “hold” rating in a research note on Friday, January 16th. Argus raised shares of Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a research report on Thursday, January 15th. Finally, UBS Group set a $330.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Sunday, December 7th. Four investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $391.43.

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.