<div id="readability-page-1"><p>Farmers &amp; Merchants Investments Inc. cut its holdings in shares of  Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 11.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 89,943 shares of the semiconductor company's stock after selling 11,968 shares during the period. Taiwan Semiconductor Manufacturing accounts for approximately  0.7% of Farmers &amp; Merchants Investments Inc.'s holdings, making the stock its 28th biggest holding. Farmers &amp; Merchants Investments Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $25,120,000 at the end of the most recent quarter.</p><ul><li>The Lazy Way to Play NVIDIA’s $20B Groq Deal</li></ul><p>Several other institutional investors also recently modified their holdings of TSM. Powers Advisory Group LLC bought a new stake in  Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $240,000.  Hudson Edge Investment Partners Inc. raised its position in shares of  Taiwan Semiconductor Manufacturing by 10.1% in the second quarter. Hudson Edge Investment Partners Inc. now owns 236,503 shares of the semiconductor company's stock valued at $53,566,000 after purchasing an additional 21,648 shares during the period.  RFG Holdings Inc. lifted its stake in shares of  Taiwan Semiconductor Manufacturing by 66.1% during the 2nd quarter. RFG Holdings Inc. now owns 3,898 shares of the semiconductor company's stock worth $883,000 after buying an additional 1,551 shares during the last quarter.  Cherokee Insurance Co bought a new stake in shares of  Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $1,248,000.  Finally, Duquesne Family Office LLC raised its holdings in  Taiwan Semiconductor Manufacturing by 456.9% in the 1st quarter. Duquesne Family Office LLC now owns 598,780 shares of the semiconductor company's stock valued at $99,397,000 after acquiring an additional 491,265 shares during the period. Institutional investors and hedge funds own  16.51% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>A number of equities analysts have recently weighed in on the company. Barclays increased their target price on Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and gave the stock an &#34;overweight&#34; rating in a research note on Friday, October 17th. Needham &amp; Company LLC  reiterated a &#34;buy&#34; rating and issued a $360.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, October 27th. Weiss Ratings  reiterated a &#34;buy (b-)&#34; rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, December 22nd. UBS Group  set a $330.00 price target on Taiwan Semiconductor Manufacturing in a research report on Sunday, December 7th. Finally, Susquehanna boosted their target price on Taiwan Semiconductor Manufacturing from $300.00 to $400.00 and gave the stock a &#34;positive&#34; rating in a research note on Friday, October 10th. Seven research analysts have rated the stock with a Buy rating,  According to MarketBeat, Taiwan Semiconductor Manufacturing  has an average rating of &#34;Buy&#34; and an average price target of $355.00.</p><ul><li>MarketBeat Week in Review – 12/15 - 12/19</li></ul><p><b>View Our Latest Analysis on TSM</b></p><h2>Taiwan Semiconductor Manufacturing Trading Down 0.7%</h2><p>Shares of Taiwan Semiconductor Manufacturing stock opened at $300.83 on Tuesday. The firm has a market cap of $1.56 trillion, a PE ratio of 30.85, a P/E/G ratio of 1.04 and a beta of 1.31. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $134.25 and a 1 year high of $313.98. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.69 and a quick ratio of 2.47. The stock has a fifty day moving average price of $292.38 and a 200-day moving average price of $264.04. </p><ul><li>Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart Buy</li></ul><p>Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Friday, November 14th. The semiconductor company reported $14.32 EPS for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 43.72% and a return on equity of 34.34%.  Equities research analysts anticipate that  Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year. </p><h2>Taiwan Semiconductor Manufacturing Increases Dividend</h2><p>The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Tuesday, March 17th will be paid a $0.9678 dividend. The ex-dividend date is Tuesday, March 17th. This represents a $3.87 dividend on an annualized basis and a yield of 1.3%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.83. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 25.85%. </p><h2>Taiwan Semiconductor Manufacturing Company Profile</h2> (Free Report)<p>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.  </p><p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Taiwan Semiconductor Manufacturing</li><li>Do not delete, read immediately</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>Your “birthright claim” just got activated</li><li>Wall Street Stockpicker Names #1 Stock of 2026</li><li>Turn your &#34;dead money&#34; into $306+ monthly (starting this month)</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRTTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRTTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Taiwan Semiconductor Manufacturing Right Now?</h2><p>Before you consider Taiwan Semiconductor Manufacturing, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Taiwan Semiconductor Manufacturing wasn't on the list.</p><p>While Taiwan Semiconductor Manufacturing currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FMAO

<p>Farmers & Merchants Investments Inc. reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. (TSM) by 11.7% in Q3, now holding 89,943 shares valued at $25.12 million. The stock represents 0.7% of their portfolio. Other institutional investors have also adjusted their positions in TSM. Analysts have given TSM a "buy" rating with a target price averaging $355.00. TSM's stock opened at $300.83, with a market cap of $1.56 trillion and a recent quarterly EPS of $14.32. The company announced a dividend increase to $0.9678 per share, payable on April 9.</p>

- Farmers & Merchants Investments Inc. reduced its holdings in Taiwan Semiconductor Manufacturing Company by 11.7% in Q3, ending with 89,943 shares valued at $25,120,000.  
- Several institutional investors have also adjusted their TSM holdings, with notable increases from Hudson Edge Investment Partners and Duquesne Family Office.  
- The company recently announced a quarterly dividend increase to $0.9678, reflecting a yield of 1.3%, and is recognized as a leading semiconductor foundry.

Farmers & Merchants Investments Inc. Has $25.12 Million Stock Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM