BayBridge Capital Group LLC Decreases Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

09 Sep 2026, 04:19 by Scott Moore · The Cerbat Gem

BayBridge Capital Group LLC decreased its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 46.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 3,484 shares of the semiconductor company’s stock after selling 3,024 shares during the period. BayBridge Capital Group LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,664,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TSM. Ramsay Stattman Vela & Price Inc. purchased a new position in Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $278,000. Hudock Inc. purchased a new stake in Taiwan Semiconductor Manufacturing in the second quarter worth $266,000. Connective Capital Management LLC purchased a new stake in Taiwan Semiconductor Manufacturing in the second quarter worth $6,300,000. Allworth Financial LP raised its stake in shares of Taiwan Semiconductor Manufacturing by 0.5% in the second quarter. Allworth Financial LP now owns 37,508 shares of the semiconductor company’s stock valued at $17,913,000 after buying an additional 185 shares during the period. Finally, West Family Investments Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing by 0.5% during the 2nd quarter. West Family Investments Inc. now owns 15,323 shares of the semiconductor company’s stock valued at $7,318,000 after buying an additional 79 shares during the last quarter. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on TSM shares. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. TD Cowen upped their price objective on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a report on Friday, July 17th. Sanford C. Bernstein increased 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. Susquehanna lifted their target price on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a “positive” rating in a research note on Thursday, July 16th. Finally, Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, July 6th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $523.22.

Check Out Our Latest Stock Analysis on TSM

Taiwan Semiconductor Manufacturing Price Performance

Shares of NYSE TSM opened at $439.09 on Wednesday. The stock has a market cap of $2.28 trillion, a PE ratio of 31.68, a price-to-earnings-growth ratio of 0.98 and a beta of 1.39. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $246.93 and a fifty-two week high of $479.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46. The stock has a fifty day moving average of $419.33 and a 200-day moving average of $399.17.

Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last issued its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%.The business had revenue of $39.89 billion during the quarter. Equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.52 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be issued a $1.0854 dividend. This represents a $4.34 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 21.43%.

Key Taiwan Semiconductor Manufacturing News

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

Positive Sentiment: TSMC and Samsung committed to adopting ASML’s High-NA EUV lithography systems. TSMC expects to begin using the technology in 2030 for advanced-node production, reinforcing confidence in its ability to manufacture increasingly sophisticated AI chips. TSMC, Samsung commit to ASML’s newest chipmaking tools as AI drives demand
Positive Sentiment: TSMC and ASML are also developing a 12-inch photomask pilot line targeted for 2031, with broader High-NA EUV readiness expected by 2033. Larger masks could improve scanner productivity and reduce manufacturing costs over time. ASML and TSMC Announce Initiative to Pioneer Industry Transition to Large-Format Photomasks for High NA EUV
Positive Sentiment: Analysts and market commentators continue to identify TSMC as a leading AI investment. Reports cite its approximately 73% foundry market share and ongoing investments in N2, N3 and advanced packaging as supports for long-term growth. Taiwan Semiconductor Retains 73% Foundry Share
Positive Sentiment: TSM was highlighted as an IBD Stock of the Day and moved above an early technical buy point as semiconductor stocks rallied, while separate coverage suggested the stock could challenge a new record high. TSMC, IBD Stock Of The Day, Rises Above Early Buy Point As Chip Stocks Rally
Neutral Sentiment: TSMC’s planned $265 billion U.S. investment is strengthening its political and customer relationships, but the expansion also raises questions about capital intensity and whether overseas production will match Taiwan-based margins. TSMC’s $265 Billion U.S. Bet Is Becoming Part of Taiwan’s Chip Diplomacy

Insider Activity

In other news, SVP Shu-Hua Fang purchased 2,000 shares of the firm’s stock in a transaction dated Thursday, July 2nd. The shares were purchased at an average price of $77.09 per share, with a total value of $154,180.00. Following the completion of the acquisition, the senior vice president owned 8,206 shares in the company, valued at $632,600.54. This trade represents a 32.23% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Shyue-Shyh Lin acquired 2,000 shares of the stock in a transaction that occurred on Sunday, July 19th. The stock was acquired at an average price of $71.71 per share, for a total transaction of $143,420.00. Following the transaction, the vice president directly owned 28,269 shares of the company’s stock, valued at $2,027,169.99. This represents a 7.61% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought 19,512 shares of company stock valued at $1,450,270 in the last quarter. 1.11% of the stock is currently owned by company insiders.

Taiwan Semiconductor Manufacturing Profile

(Free Report)

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world’s leading dedicated semiconductor foundry. Founded in 1987 and headquartered in Hsinchu, Taiwan, the company pioneered the pure-play foundry business model, producing chips designed by other companies rather than developing and selling branded semiconductor products of its own.

TSMC manufactures semiconductor wafers using advanced and specialty process technologies.