Bank of Nova Scotia Increases Stake in Texas Instruments

The Canadian bank raised its position in the semiconductor company by 19.3% in the third quarter.

Mar. 17, 2026 at 7:24am

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Bank of Nova Scotia, a Canadian financial institution, increased its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 19.3% during the third quarter, according to a disclosure filed with the Securities and Exchange Commission. The firm now owns 169,282 shares of the semiconductor company's stock, valued at $31,102,000 at the end of the quarter.

Why it matters

Texas Instruments is a major player in the semiconductor industry, providing analog and embedded processing chips used across a wide range of end markets. The increase in Bank of Nova Scotia's position suggests the Canadian bank sees long-term growth potential in the company.

The details

Bank of Nova Scotia acquired an additional 27,371 shares of Texas Instruments during the third quarter, bringing its total position to 169,282 shares. This represents a 19.3% increase in the bank's stake in the semiconductor company.

  • Bank of Nova Scotia filed the disclosure with the SEC on March 17, 2026.

The players

Bank of Nova Scotia

A Canadian multinational banking and financial services company headquartered in Toronto.

Texas Instruments Incorporated

A global semiconductor company headquartered in Dallas, Texas that designs and manufactures analog and embedded processing chips.

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The takeaway

The increase in Bank of Nova Scotia's position in Texas Instruments suggests the Canadian bank sees long-term growth potential in the semiconductor company, which is a major player in the industry providing components used across a wide range of end markets.