Bank of Nova Scotia Invests $229.97 Million in Texas Instruments Incorporated $TXN

Key Points

• Bank of Nova Scotia acquired 771,538 Texas Instruments shares in the second quarter, valued at approximately $229.97 million and representing about 0.08% of the company.
• Texas Instruments reported quarterly EPS of $2.14 versus the $1.91 analyst consensus, while revenue rose 22.8% year over year to $5.46 billion. The company also declared a quarterly dividend of $1.42 per share, equivalent to a 2.1% annualized yield.
• Analyst sentiment remains broadly positive, with MarketBeat assigning TXN a “Moderate Buy” consensus rating and an average price target of $312.12, although the stock was trading below its 50-day moving average at $264.36.

Bank of Nova Scotia acquired a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 771,538 shares of the semiconductor company's stock, valued at approximately $229,972,000. Bank of Nova Scotia owned about 0.08% of Texas Instruments as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. High Point Wealth Management LLC purchased a new stake in Texas Instruments during the fourth quarter valued at about $25,000. Strategic Wealth Investment Group LLC purchased a new position in shares of Texas Instruments in the 2nd quarter worth about $25,000. Advocate Investing Services LLC purchased a new position in shares of Texas Instruments in the 4th quarter worth about $25,000. Ares Financial Consulting LLC bought a new position in shares of Texas Instruments during the 4th quarter valued at about $26,000. Finally, Cornerstone Financial Management LLC bought a new position in shares of Texas Instruments during the 4th quarter valued at about $27,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on TXN. HC Wainwright downgraded Texas Instruments to a "neutral" rating in a research report on Friday, May 22nd. Bank of America increased their price target on shares of Texas Instruments from $320.00 to $370.00 and gave the company a "buy" rating in a research report on Tuesday, May 26th. Zacks Research raised shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 10th. Stifel Nicolaus boosted their price objective on shares of Texas Instruments from $340.00 to $360.00 and gave the stock a "buy" rating in a report on Wednesday, June 24th. Finally, Citigroup reaffirmed a "buy" rating on shares of Texas Instruments in a research note on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, Texas Instruments has an average rating of "Moderate Buy" and an average price target of $312.12.

Texas Instruments Trading Down 0.5%

Shares of TXN stock opened at $264.36 on Friday. The stock has a market capitalization of $241.43 billion, a PE ratio of 40.24, a P/E/G ratio of 1.04 and a beta of 1.33. Texas Instruments Incorporated has a 1-year low of $152.73 and a 1-year high of $334.03. The business has a 50-day moving average of $290.51 and a 200 day moving average of $258.75. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, topping analysts' consensus estimates of $1.91 by $0.23. The business had revenue of $5.46 billion for the quarter, compared to analysts' expectations of $5.26 billion. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%.The business's quarterly revenue was up 22.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, sell-side analysts anticipate that Texas Instruments Incorporated will post 8.42 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Friday, July 31st were issued a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Friday, July 31st. Texas Instruments's dividend payout ratio is currently 86.45%.

Trending Headlines about Texas Instruments

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Operational recovery is accelerating. Texas Instruments’ second-quarter results showed revenue growth of roughly 23%, operating profit up 48%, and net income up 53%. Free cash flow also improved 56% as capital spending nearly halved year over year, suggesting the company’s heavy investment cycle may be easing. Texas Instruments: The $6.5 Billion Cash-Flow Machine Is Finally Awake
• Positive Sentiment: AI and data-center exposure support the long-term outlook. Analysts and fund commentary characterize TXN as a “picks-and-shovels” beneficiary of AI infrastructure, electric vehicles, industrial automation, and factory equipment because its analog chips help power and control these systems. Texas Instruments Is a Worthy AI Picks-and-Shovels Play I Keep Buying
• Positive Sentiment: TXN retains broad-based momentum. In comparisons with Analog Devices, coverage points to Texas Instruments’ improving manufacturing utilization and strength across multiple end markets, potentially giving it an edge despite ADI’s stronger industrial and automotive trends. ADI vs. TXN: Which Analog Processing Chip Stock Has an Edge Right Now?
• Neutral Sentiment: Options-market volatility has risen. Surging implied volatility indicates increased uncertainty and the potential for larger price swings, but it does not establish a clear directional signal. Implied Volatility Surging for Texas Instruments Stock Options
• Negative Sentiment: Post-earnings performance remains a concern. TXN has decreased 6.8% since its latest quarterly report, with investors apparently looking beyond the earnings beat and focusing on forward estimates, elevated expectations, and whether the recovery can continue. Why Is Texas Instruments Down 6.8% Since Last Earnings Report?

Texas Instruments Company Profile

Texas Instruments Inc NASDAQ: TXN is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company's products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI's business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI's product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.

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