Eagle Capital Management Reduces $35M in Taiwan Semiconductor Manufacturing Company Limited ($TSM)

Eagle Capital Management trimmed its holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) by 82,031 shares. As of the latest 13F filing, the fund held 4,878,275 shares valued at approximately $2.07 billion. This reduction represents a 1.65% decrease from its previous position of 4,960,306 shares.

What Changed in Eagle Capital Management's Taiwan Semiconductor Position

Eagle Capital Management decreased its stake in Taiwan Semiconductor by 82,031 shares, bringing its total to 4,878,275 shares. This marks a reduction of about 1.65% in its holdings, valued at $2.07 billion as of the reporting period.

Other Institutional Activity in Taiwan Semiconductor

FMR LLC reduced its holdings by 738,638 shares, leaving it with 60,393,190 shares worth about $20.41 billion. CAPITAL WORLD INVESTORS increased its position by 5,482,648 shares, holding a total of 32,886,937 shares valued at $11.11 billion. SANDERS CAPITAL, LLC trimmed its stake by 3,898,268 shares, ending with 28,060,092 shares valued at roughly $9.48 billion. JPMORGAN CHASE & CO also reduced its position, cutting 1,197,898 shares to hold 23,984,642 shares worth $7.59 billion. Conversely, VAN ECK ASSOCIATES CORP added 1,797,042 shares, bringing its total to 19,262,004 shares valued at approximately $6.51 billion.

Taiwan Semiconductor Stock Snapshot

Shares of NYSE: TSM traded near $423.93. The company has a market cap of about $2.20 trillion and a P/E ratio of 36.48, with a forward P/E of 21.71. Its beta stands at 1.25, indicating some volatility compared to the market. Over the past 52 weeks, the stock has ranged from a low of $206.20 to a high of $450.16. The 50-day moving average is $396.57, while the 200-day average is $330.10. The company maintains a strong current ratio of 2.49 and a quick ratio of 2.19, with a debt-to-equity ratio of 18.45.

Recent Earnings

In its latest earnings report, Taiwan Semiconductor reported revenue of $4.10 trillion, reflecting a growth of 35.1%. The company achieved a net margin of 46.51% and a return on equity of 36.21%. Its EPS stood at $11.62. The next earnings report is expected on April 16, 2026.

Dividend

Taiwan Semiconductor offers an annual dividend rate of $3.80, yielding 0.9% with a payout ratio of 27.93%. The ex-dividend date was not provided.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing Company Limited

Several insiders at Taiwan Semiconductor were active recently. On June 8, 2026, Vice President Chuang Tzu-Sou sold 500,000 shares. Earlier, on June 5, 2026, Vice Presidents Chuang Juiping, Liaw Yung-Haw, He Jun, Chuang Tzu-Sou, and CIO Lin Chris Horng-Dar each bought small amounts of shares at an average price of $76.01.

Analysts Set New Price Targets

On April 22, 2026, Barclays maintained its buy rating on the stock with a price target of $470.00. Needham also maintained a buy rating with a target of $480.00 on April 16, 2026. Freedom Broker kept a buy rating with a lower target of $210.00 on April 7, 2026. The consensus among analysts is a strong buy, with a mean target price of $467.84 from 18 analysts.

About Taiwan Semiconductor Manufacturing Company Limited

Taiwan Semiconductor Manufacturing Company Limited, headquartered in Hsinchu City, Taiwan, is a leading manufacturer of integrated circuits and semiconductor devices. The company provides a variety of wafer fabrication processes and serves customers worldwide, including sectors like high-performance computing, smartphones, and automotive. Led by CEO Dr. C. C. Wei, TSMC employs over 76,900 people.

Bottom Line

Eagle Capital Management's recent reduction in its Taiwan Semiconductor holdings is part of a broader institutional activity in the stock. Investors often track 13F filings to gauge fund sentiment, though these filings reflect past positions as of the reporting period. Taiwan Semiconductor remains a significant player in the technology sector, with strong analyst support and a robust financial profile.