Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Sold by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. cut its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 0.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 234,350 shares of the semiconductor company’s stock after selling 1,532 shares during the period. Taiwan Semiconductor Manufacturing comprises about 3.7% of Schwartz Investment Counsel Inc.’s investment portfolio, making the stock its 5th biggest position. Schwartz Investment Counsel Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $106,908,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. DMC Group LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 18.4% during the third quarter. DMC Group LLC now owns 2,518 shares of the semiconductor company’s stock valued at $1,149,000 after purchasing an additional 391 shares in the last quarter. Penobscot Investment Management Company Inc. boosted its holdings in Taiwan Semiconductor Manufacturing by 12.7% in the 3rd quarter. Penobscot Investment Management Company Inc. now owns 11,742 shares of the semiconductor company’s stock worth $5,356,000 after buying an additional 1,324 shares during the period. Arthur M. Cohen & Associates LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 0.4% during the third quarter. Arthur M. Cohen & Associates LLC now owns 11,357 shares of the semiconductor company’s stock worth $5,181,000 after purchasing an additional 46 shares in the last quarter. Oppenheimer & Co. Inc. raised its stake in Taiwan Semiconductor Manufacturing by 4.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 133,582 shares of the semiconductor company’s stock valued at $60,939,000 after purchasing an additional 5,159 shares during the period. Finally, CPA Asset Management Group LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 4.1% in the third quarter. CPA Asset Management Group LLC now owns 790 shares of the semiconductor company’s stock worth $360,000 after buying an additional 31 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: TSMC’s third-quarter 2026 results exceeded expectations, with earnings per share of $4.60 versus the $4.45 consensus and revenue of $46.72 billion, up 41.2% year over year. Management highlighted surging demand for AI accelerators, raised its revenue outlook and continued aggressive expansion of advanced-node and packaging capacity. TSM Q3 Earnings Call Highlights Strong AI Demand and Expansion
• Positive Sentiment: Reports that TSMC may raise prices for advanced CoWoS packaging by as much as 20%, while increasing leading-edge wafer prices by an estimated 3% to 6% in 2027, point to significant pricing power. Strong demand and constrained capacity could help offset the company’s heavy capital spending and support margins. Taiwan Semiconductor Flexes Pricing Power on AI’s Frontline
• Positive Sentiment: Several analyst commentaries view TSMC as a core “toll road” for the AI economy, citing its dominant foundry position, roughly 51.5% net margin and consensus price targets implying further upside. Comparisons with Micron, Intel and Apple also emphasize TSMC’s scale and strategic importance to advanced-chip production. TSMC: The Toll Road of the AI Economy Is on Sale
• Neutral Sentiment: TSMC is maintaining an estimated $60 billion to $64 billion 2026 capital-expenditure plan and targeting substantially higher advanced-packaging capacity. The investment should support long-term growth, but near-term margins may remain pressured as the 2-nanometer process ramps.
• Negative Sentiment: Critics argue that TSMC’s strong results may already be reflected in the stock after a multiyear rally. Concerns include a forward P/E near 28, cash-flow valuation, rising expansion costs and the possibility that AI demand expectations are becoming too optimistic. Taiwan Semiconductor Manufacturing Stock Looks Pricey Against Cash Flow
• Negative Sentiment: Recent pullbacks in TSMC and other AI chip stocks despite record revenue have highlighted crowded-trade and valuation risks. Higher packaging prices could also increase costs for customers such as Nvidia and AMD, potentially creating downstream pressure on hardware demand. The Last Month Exposed the Risk Narrative Between Nvidia and Taiwan Semiconductor

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on TSM shares. Stifel Nicolaus started coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday, September 1st. They set a “buy” rating and a $515.00 price target for the company. Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Wall Street Zen downgraded shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Sanford C. Bernstein lifted their price target on Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 11th. Finally, TD Cowen boosted their price objective on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a “hold” rating in a research note on Friday, July 17th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $528.78.

Insiders Place Their Bets

In other news, VP Lipen Yuan acquired 350 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were purchased at an average price of $73.58 per share, with a total value of $25,753.00. Following the transaction, the vice president directly owned 2,000 shares in the company, valued at approximately $147,160. This represents a 21.21% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Bor-Zen Tien purchased 1,000 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was purchased at an average cost of $73.06 per share, for a total transaction of $73,060.00. Following the completion of the acquisition, the vice president directly owned 14,051 shares of the company’s stock, valued at approximately $1,026,566.06. The trade was a 7.66% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have acquired 7,043 shares of company stock valued at $530,986. 1.11% of the stock is owned by company insiders.

Taiwan Semiconductor Manufacturing Stock Up 3.0%

TSM stock opened at $437.12 on Wednesday. The firm’s 50-day moving average is $434.34 and its 200 day moving average is $397.98. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $266.82 and a 12 month high of $487.47.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share for the quarter, beating the consensus estimate of $4.45 by $0.15. The company had revenue of $46.72 billion for the quarter, compared to the consensus estimate of $45.67 billion. The business’s revenue was up 41.2% on a year-over-year basis. During the same period in the prior year, the firm posted $2.92 EPS. As a group, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 EPS 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. Stockholders of record on Thursday, December 10th will be given a $1.0854 dividend. This represents a $4.34 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, December 10th. This is a drop from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136.

Taiwan Semiconductor Manufacturing Profile

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a dedicated semiconductor foundry headquartered in Hsinchu, Taiwan. The company manufactures integrated circuits for customers that design their own chips, allowing semiconductor, electronics, and technology companies to outsource production rather than operate their own fabrication facilities.

TSMC provides wafer fabrication services across a broad range of process technologies, including advanced nodes used in high-performance computing, smartphones, automotive systems, and artificial intelligence applications.