Johnson Investment Counsel Inc. Reduces Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Johnson Investment Counsel Inc. lowered its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 0.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 390,669 shares of the semiconductor company’s stock after selling 1,835 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $109,110,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Heartwood Wealth Advisors LLC acquired a new position in Taiwan Semiconductor Manufacturing in the third quarter valued at $32,000. Resources Management Corp CT ADV purchased a new position in shares of Taiwan Semiconductor Manufacturing during the second quarter worth about $32,000. Mid American Wealth Advisory Group Inc. acquired a new position in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at about $33,000. First Command Advisory Services Inc. raised its stake in Taiwan Semiconductor Manufacturing by 174.1% during the 2nd quarter. First Command Advisory Services Inc. now owns 159 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 101 shares during the last quarter. Finally, Fairman Group LLC raised its stake in Taiwan Semiconductor Manufacturing by 171.2% during 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 last quarter. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on TSM shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Taiwan Semiconductor Manufacturing in a report on Monday, December 29th. Needham & Company LLC upped their price objective on shares of Taiwan Semiconductor Manufacturing from $360.00 to $410.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, January 9th. UBS Group set a $330.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Sunday, December 7th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, January 2nd. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $381.67.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: U.S. officials are planning carve-outs for “Big Tech” chips from the next wave of tariffs, with exemptions tied to TSMC’s U.S. investment commitments — this reduces near-term tariff risk for TSMC’s largest customers and supports demand for the company’s U.S. fabs. US plans Big Tech carve-out from next wave of chip tariffs
• Positive Sentiment: NVIDIA’s Jensen Huang warned TSMC likely must roughly double capacity to meet massive AI demand — a signal of sustained order flow and continued multi-year capex that supports revenue growth for TSMC (but implies heavy investment needs). TSMC Must Double Its Capacity to Meet Massive AI Demand, According to Jensen Huang
• Positive Sentiment: Analyst and media bullishness is widespread: TSMC has been highlighted in Zacks/Yahoo bull coverage and included in lists of top AI/tech buys, supporting investor optimism and higher analyst targets (consensus targets imply meaningful upside). TSM Soars 69% in a Year: Should Investors Still Buy the Stock?
• Neutral Sentiment: TSMC is expanding capacity in Arizona, which is positive for U.S. presence and customer diversification — but Taiwanese officials are signaling limits on how much production they’ll relocate, creating a mixed operational/political picture. TSMC (TSM) Expands in Arizona, but Taiwan Draws Limits on U.S. Chip Shift
• Neutral Sentiment: Mainstream buy-list inclusions (Fool, InsiderMonkey, MSN) reinforce the long-term AI/capex thesis; they sustain investor interest but are less immediate catalysts than policy or supply news. Strong Analyst Sentiment on Taiwan Semiconductor Manufacturing (TSM) As AI Demand Drives Massive 2026 Capital Spending
• Negative Sentiment: Taiwanese officials have pushed back on U.S. demands for a large-scale (e.g., 40%) chip production shift to the U.S.; that resistance increases geopolitical and policy risk, which could complicate subsidy-driven expansion or slow U.S. capacity build-out. ‘Impossible!’: Taiwan slams the brakes on US demands for 40% chip shift

Taiwan Semiconductor Manufacturing Stock Performance

Taiwan Semiconductor Manufacturing stock opened at $355.28 on Tuesday. The company has a market capitalization of $1.84 trillion, a price-to-earnings ratio of 33.36, a PEG ratio of 0.98 and a beta of 1.31. The stock has a fifty day moving average of $315.86 and a two-hundred day moving average of $285.57. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $134.25 and a fifty-two week high of $359.60. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.47 and a current ratio of 2.69.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Friday, November 14th. The semiconductor company reported $14.32 earnings per share for the quarter. The company had revenue of $32.50 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 36.18% and a net margin of 45.13%. On average, analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Tuesday, March 17th will be given a $0.9678 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.83. This represents a $3.87 annualized dividend and a dividend yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 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.