DAVENPORT & Co LLC Sells 1,815 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

DAVENPORT & Co LLC lowered its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 2.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 78,291 shares of the semiconductor company’s stock after selling 1,815 shares during the quarter. DAVENPORT & Co LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $23,792,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Gilman Hill Asset Management LLC raised its stake in Taiwan Semiconductor Manufacturing by 3.5% during the 4th quarter. Gilman Hill Asset Management LLC now owns 1,971 shares of the semiconductor company’s stock valued at $599,000 after buying an additional 66 shares during the last quarter. Founders Grove Wealth Partners LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 40.6% in the 4th quarter. Founders Grove Wealth Partners LLC now owns 2,771 shares of the semiconductor company’s stock worth $842,000 after buying an additional 800 shares during the last quarter. Daymark Wealth Partners LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 15.0% in the 4th quarter. Daymark Wealth Partners LLC now owns 6,742 shares of the semiconductor company’s stock worth $2,049,000 after buying an additional 879 shares during the last quarter. Arlington Financial Advisors LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 26.1% in the fourth quarter. Arlington Financial Advisors LLC now owns 1,593 shares of the semiconductor company’s stock worth $484,000 after acquiring an additional 330 shares during the period. Finally, JGP Wealth Management LLC grew its holdings in shares of Taiwan Semiconductor Manufacturing by 14.9% in the fourth quarter. JGP Wealth Management LLC now owns 3,700 shares of the semiconductor company’s stock worth $1,125,000 after acquiring an additional 479 shares during the period. Institutional investors own 16.51% of the company’s stock.

Insider Transactions at Taiwan Semiconductor Manufacturing

In related news, VP Bor-Zen Tien purchased 1,000 shares of the firm’s stock in a transaction on Sunday, March 22nd. The shares were acquired at an average price of $55.93 per share, for a total transaction of $55,930.00. Following the purchase, the vice president directly owned 9,051 shares in the company, valued at $506,222.43. This trade represents a 12.42% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Stock Up 1.3%

NYSE TSM opened at $347.80 on Thursday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $390.20. The company has a current ratio of 2.62, a quick ratio of 2.42 and a debt-to-equity ratio of 0.17. The stock has a market cap of $1.80 trillion, a PE ratio of 32.66, a P/E/G ratio of 0.94 and a beta of 1.29. The stock’s 50 day moving average is $349.46 and its 200 day moving average is $311.90.

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 34.89%. The firm had revenue of $30.65 billion for the quarter. Research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 11th will be issued a $0.9503 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, June 11th. Taiwan Semiconductor Manufacturing’s payout ratio is currently 28.36%.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: Broadcom warns TSMC is hitting production capacity limits — markets view the bottleneck as evidence of sustained demand for TSMC’s leading-edge nodes, supporting pricing power and long-term revenue visibility. Read More.
• Positive Sentiment: ASML’s nearly $8B order for EUV tools signals a multiyear memory/AI capex cycle that increases demand for advanced packaging and leading-node wafer capacity — a structural tailwind for TSM as the primary contract manufacturer for AI GPUs and server chips. Read More.
• Positive Sentiment: Arm’s new AGI CPU is being built on TSMC 3nm (with Meta partnership) — another concrete order/roadmap signal that TSMC’s advanced nodes will see durable hyperscaler and AI customer demand. Read More.
• Positive Sentiment: Insider buying by a TSMC VP and recent analyst price-target upgrades reinforce management confidence and a constructive sell-side view on growth and margins. Read More.
• Neutral Sentiment: Broader analysis pieces compare TSMC with other AI-infrastructure names (Broadcom, Micron, AMD) and highlight TSMC’s strategic role — useful for positioning but not an immediate earnings catalyst. Read More.
• Negative Sentiment: Geopolitical and commodity risks (energy, helium supply disruptions tied to the Iran conflict) raise the prospect of production interruptions or higher fab operating costs — a material operational risk for Taiwan-based fabs. Read More.
• Positive Sentiment: Logistics and ecosystem moves (e.g., UPS $100M Taiwan hub) show supply-chain players scaling to support elevated chip flows — reduces distribution friction and signals sustained order volumes. Read More.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TSM. Freedom Capital raised Taiwan Semiconductor Manufacturing to a “strong-buy” rating in a report on Thursday, January 15th. Barclays upped their price target on shares of Taiwan Semiconductor Manufacturing from $380.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Dbs Bank upgraded shares of Taiwan Semiconductor Manufacturing to a “moderate buy” rating in a research note on Friday, January 23rd. Zacks Research downgraded shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Monday, January 5th. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average 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.