Hodges Capital Management Inc. Lowers Stock Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Hodges Capital Management Inc. lessened its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 13.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 54,340 shares of the semiconductor company’s stock after selling 8,281 shares during the period. Taiwan Semiconductor Manufacturing makes up 1.3% of Hodges Capital Management Inc.’s portfolio, making the stock its 21st largest position. Hodges Capital Management Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $15,177,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Massachusetts Financial Services Co. MA grew its position in Taiwan Semiconductor Manufacturing by 3.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 15,759,419 shares of the semiconductor company’s stock valued at $4,401,448,000 after buying an additional 541,047 shares during the last quarter. Bank of America Corp DE raised its position in Taiwan Semiconductor Manufacturing by 0.8% during the 2nd quarter. Bank of America Corp DE now owns 14,805,720 shares of the semiconductor company’s stock worth $3,353,348,000 after buying an additional 115,158 shares during the last quarter. Jennison Associates LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 4.5% in the 3rd quarter. Jennison Associates LLC now owns 12,591,542 shares of the semiconductor company’s stock worth $3,516,692,000 after acquiring an additional 544,750 shares during the period. Alliancebernstein L.P. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 18.0% in the 2nd quarter. Alliancebernstein L.P. now owns 10,457,800 shares of the semiconductor company’s stock worth $2,368,587,000 after acquiring an additional 1,593,786 shares during the period. Finally, WCM Investment Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 0.3% in the third quarter. WCM Investment Management LLC now owns 10,090,519 shares of the semiconductor company’s stock valued at $2,757,033,000 after acquiring an additional 31,860 shares in the last quarter. 16.51% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Price Performance

NYSE:TSM opened at $364.12 on Wednesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $134.25 and a 12-month high of $380.00. The firm has a market cap of $1.89 trillion, a price-to-earnings ratio of 34.19, a price-to-earnings-growth ratio of 1.03 and a beta of 1.31. The company’s 50-day moving average is $324.29 and its two-hundred day moving average is $290.87. The company has a current ratio of 2.69, a quick ratio of 2.47 and a debt-to-equity ratio of 0.19.

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

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Shareholders of record on Thursday, June 11th will be paid a dividend of $0.9503 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, June 11th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 28.64%.

Analysts Set New Price Targets

A number of brokerages recently commented on TSM. Citigroup restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, January 9th. TD Cowen increased their target price 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. The Goldman Sachs Group restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, January 5th. Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $380.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Finally, Zacks Research raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. Four research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing currently has an average rating of “Buy” and an average price target of $391.43.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: DA Davidson upgraded TSM to a Buy and Bank of America remains bullish, supporting near-term investor confidence from the sell-side. DA Davidson Gives Taiwan Semiconductor (TSM) a Buy Rating, BofA Stays Bullish
• Positive Sentiment: Benzinga flags a surge in TSMC’s momentum score as Big Tech AI spending (est. ~$600B) ramps, highlighting strong order flow and sentiment tied to Nvidia and other large customers. Nvidia Supplier TSMC Sees Momentum Surge As Global AI Demand Hits Fever Pitch
• Positive Sentiment: Zacks highlights a near-$1T chip investment cycle driven by AI and defense backlogs that places Nvidia and Taiwan (TSMC) at the center — a macro tailwind for revenue and capital intensity at TSM. The Zacks Analyst Blog NVIDIA, Taiwan, ASML and Applied Materials
• Positive Sentiment: InsiderMonkey and a Sands Capital investor letter note TSMC is well-positioned to benefit from AI-driven demand and potential pricing power, reinforcing longer-term margin upside expectations. Taiwan Semiconductor Manufacturing (TSM) Positioned to Benefit From AI Demand and Potential Pricing Power
• Positive Sentiment: The Motley Fool pitches TSMC as a long-term buy tied to its dominance in advanced nodes and blue-chip customer base — a narrative that supports higher multiples and investor appetite for growth exposure. 1 Unstoppable Stock to Buy Before It Joins Nvidia, Apple, and Alphabet in the $3 Trillion Club
• Positive Sentiment: Market wrap: TSMC was among chip names that gained while some peers pulled back, reflecting stock-specific strength within a mixed semiconductor tape. Chip Stocks Split: AMAT and TSMC Gain While NVDA and Intel Retreat
• Positive Sentiment: Kalkine notes TSMC’s roughly 82% one-year gain, underscoring the stock’s strong momentum and recent re-rating by the market. Taiwan Semiconductor Manufacturing (NYSE:TSM) Powers Eighty Two Percent One Year Jump
• Neutral Sentiment: MSN coverage of the Taiwan–U.S. trade deal outlines potential implications for TSMC; outcomes could be mixed depending on subsidies, export controls, or relocation incentives that affect costs and geopolitics. Taiwan-US Trade Deal, Here’s What It Means for Taiwan Semiconductor Manufacturing (TSM)

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.