100,462 Shares in Taiwan Semiconductor Manufacturing Company Ltd. $TSM Purchased by Trust Co. of Vermont

Trust Co. of Vermont bought a new stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 100,462 shares of the semiconductor company’s stock, valued at approximately $47,978,000. Taiwan Semiconductor Manufacturing makes up approximately 1.8% of Trust Co. of Vermont’s holdings, making the stock its 13th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC grew its holdings in Taiwan Semiconductor Manufacturing by 20.9% in the fourth quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company’s stock valued at $2,159,000 after purchasing an additional 1,892 shares during the last quarter. Gamco Investors INC. ET AL acquired a new position in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter worth $701,000. Bank of Nova Scotia boosted its position in shares of Taiwan Semiconductor Manufacturing by 12.8% in the 2nd quarter. Bank of Nova Scotia now owns 15,697 shares of the semiconductor company’s stock worth $3,556,000 after buying an additional 1,784 shares in the last quarter. FWL Investment Management LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 26.5% in the 2nd quarter. FWL Investment Management LLC now owns 253 shares of the semiconductor company’s stock worth $57,000 after buying an additional 53 shares in the last quarter. Finally, Main Street Financial Solutions LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at about $270,000. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TSM. Sanford C. Bernstein lifted their target price on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 11th. Bank of America increased their price target on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Wall Street Zen cut shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. DA Davidson upped their target price on Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Finally, Barclays increased their target price on Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the company an “overweight” rating in a report on Friday, July 17th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Taiwan Semiconductor Manufacturing has an average rating of “Buy” and an average price target of $524.25.

Insiders Place Their Bets

In other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan bought 1,000 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The stock was purchased at an average cost of $79.19 per share, for a total transaction of $79,190.00. Following the completion of the purchase, the vice president owned 5,000 shares of the company’s stock, valued at $395,950. This trade represents a 25.00% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Bor-Zen Tien bought 3,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction that occurred on Tuesday, July 21st. The shares were acquired at an average price of $74.39 per share, for a total transaction of $223,170.00. Following the completion of the transaction, the vice president directly owned 4,000 shares of the company’s stock, valued at $297,560. This trade represents a 300.00% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 16,312 shares of company stock valued at $1,207,238 in the last quarter. 1.11% of the stock is currently owned by company insiders.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of NYSE TSM opened at $413.87 on Wednesday. The company has a 50-day simple moving average of $425.75 and a 200-day simple moving average of $391.94. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.46 and a quick ratio of 2.25. The company has a market cap of $2.15 trillion, a PE ratio of 29.86, a price-to-earnings-growth ratio of 0.98 and a beta of 1.39. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $223.70 and a 12 month high of $479.00.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.37%. The business had revenue of $39.89 billion for the quarter. On average, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be paid a dividend of $1.0854 per share. This represents a $4.34 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 21.43%.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: U.S. manufacturing expansion is gaining momentum. Bank of America said TSMC’s Arizona operations are progressing and could become increasingly profitable as demand for advanced AI chips grows. This supports long-term revenue diversification and may reduce concerns about the company’s dependence on Taiwan. BofA Sends Bullish Message For Taiwan Semiconductor Stock Fans
• Positive Sentiment: Institutional investors are rotating toward TSMC. Filings show David Tepper’s Appaloosa Management reduced its Micron position while adding to TSMC for a sixth consecutive quarter. Other hedge funds also shifted capital away from Broadcom and toward TSMC, signaling continued confidence in the company’s AI infrastructure exposure. David Tepper Appaloosa TSMC Investment Broadcom Hedge Fund Caution
• Positive Sentiment: AI-related demand remains a key growth driver. Reports cite robust demand for 2-nanometer production and advanced chips, while Cerebras’ expanding AI-inference business relies on TSMC-manufactured 5-nanometer wafers. Arizona output is also expected to contribute more meaningfully to revenue and profit this year. TSMC Arizona Operations Profit Report
• Positive Sentiment: Insider buying and analyst optimism provide additional support. Open-market purchases by TSMC insiders, together with favorable guidance and AI-driven analyst upgrades, reinforce the bullish long-term view. Quantitative analysis also points to a potential recovery toward $450 in September, although that forecast is not guaranteed. TSMC Insider Buying TSMC September Price Case
• Neutral Sentiment: TSMC’s strong profitability and central role in AI hardware make it attractive to growth investors, but its elevated valuation and exposure to semiconductor-cycle volatility may be contributing to near-term caution.

Taiwan Semiconductor Manufacturing Company Profile

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.