Eldred Rock Partners LLC Reduces Stock Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Eldred Rock Partners LLC decreased its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 29.5% in the 4th quarter, HoldingsChannel reports. The firm owned 64,203 shares of the semiconductor company’s stock after selling 26,858 shares during the period. Taiwan Semiconductor Manufacturing makes up approximately 5.1% of Eldred Rock Partners LLC’s holdings, making the stock its 2nd largest holding. Eldred Rock Partners LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $19,511,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Westfuller Advisors LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 2.2% during the 3rd quarter. Westfuller Advisors LLC now owns 1,551 shares of the semiconductor company’s stock worth $434,000 after buying an additional 34 shares during the last quarter. Sovereign Financial Group Inc. grew its stake in Taiwan Semiconductor Manufacturing by 4.5% in the 4th quarter. Sovereign Financial Group Inc. now owns 793 shares of the semiconductor company’s stock valued at $241,000 after buying an additional 34 shares during the last quarter. BankPlus Wealth Management LLC raised its holdings in Taiwan Semiconductor Manufacturing by 1.6% in the 3rd quarter. BankPlus Wealth Management LLC now owns 2,291 shares of the semiconductor company’s stock valued at $640,000 after acquiring an additional 35 shares during the period. Bank of Jackson Hole Trust lifted its position in Taiwan Semiconductor Manufacturing by 7.5% during the third quarter. Bank of Jackson Hole Trust now owns 500 shares of the semiconductor company’s stock worth $140,000 after acquiring an additional 35 shares during the last quarter. Finally, New Millennium Group LLC lifted its position in Taiwan Semiconductor Manufacturing by 2.9% during the third quarter. New Millennium Group LLC now owns 1,248 shares of the semiconductor company’s stock worth $349,000 after acquiring an additional 35 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Analyst bullish take: a Seeking Alpha piece argues TSMC’s AI foundry leadership still has room to run, reinforcing expectations of continued demand for advanced nodes and high-margin AI wafers. TSMC: The AI Foundry Supremacy Still Has Room To Run
• Positive Sentiment: Earnings beat expected: previews (247WallSt) say the market now expects TSMC to beat on April 16 as AI demand remains very strong — a beat could lift the stock materially. How Big Will Taiwan Semiconductor’s Beat Be on April 16?
• Positive Sentiment: Capacity expansion progress: Reuters reports TSMC plans to begin equipment installs and mass production of 3nm wafers at its second Japan plant in 2028 — supports long-term supply and customer diversification. TSMC plans 3-nanometre chip production launch in Japan in 2028
• Positive Sentiment: Insider signal: recent director-level activity (TipRanks) shows a notable insider bet, which investors often view as a confidence signal. TSMC Insider Makes Bold New Bet on Chip Giant’s Future
• Neutral Sentiment: Unusually large options volume: markets are seeing heavy options activity in TSMC (AmericanBankingNews), which can signal speculative positioning or hedging ahead of earnings and amplify moves in either direction. Taiwan Semiconductor Manufacturing Sees Unusually Large Options Volume
• Neutral Sentiment: Elevated investor attention: Zacks notes heavy search interest in TSMC — higher attention raises liquidity and volatility but is agnostic on direction. Investors Heavily Search Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
• Negative Sentiment: Margin pressure risk: Zacks highlights concerns that costly global fab expansion (higher overseas production costs) could strain FY26 margin guidance despite AI tailwinds — a miss or cautious margin outlook could weigh on shares. Can TSM Meet FY26 Margin Guidance Amid Fab Expansion Cost Pressures?
• Negative Sentiment: Geopolitical/supply-chain risk: coverage on Nvidia/AMD notes Iran-related supply-chain concerns for the chip sector; broader geopolitical tension can create short-term sector volatility and raise risk premia for TSMC. Nvidia, AMD Stocks Recover Early Losses. Iran Remains Top of Mind.

Analyst Ratings Changes

TSM has been the topic of several research reports. Weiss Ratings raised Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 20th. Zacks Research downgraded Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Wall Street Zen raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Sunday, March 22nd. Dbs Bank upgraded Taiwan Semiconductor Manufacturing to a “moderate buy” rating in a research report on Friday, January 23rd. Finally, TD Cowen lifted their target price on Taiwan Semiconductor Manufacturing from $325.00 to $370.00 and gave the stock a “hold” rating in a report on Friday, January 16th. 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’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $391.43.

Taiwan Semiconductor Manufacturing Stock Down 0.8%

Shares of TSM opened at $338.67 on Friday. The company has a current ratio of 2.62, a quick ratio of 2.42 and a debt-to-equity ratio of 0.17. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $134.25 and a 12 month high of $390.20. The firm’s 50 day moving average is $349.08 and its 200-day moving average is $314.68. The stock has a market capitalization of $1.75 trillion, a PE ratio of 31.80, a P/E/G ratio of 0.94 and a beta of 1.35.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 34.89% and a net margin of 45.13%.The business had revenue of $30.65 billion for the quarter. Equities research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders 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 dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, June 11th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 28.36%.

Insider Activity

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

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.