Bank of Nova Scotia Trims Holdings in Texas Instruments Incorporated $TXN

Bank of Nova Scotia reduced its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 72.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 494,202 shares of the semiconductor company’s stock after selling 1,304,252 shares during the period. Bank of Nova Scotia’s holdings in Texas Instruments were worth $95,944,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of TXN. State Street Corp grew its stake in Texas Instruments by 0.5% in the 3rd quarter. State Street Corp now owns 43,555,112 shares of the semiconductor company’s stock worth $8,002,381,000 after acquiring an additional 230,098 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Texas Instruments by 6.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 24,288,604 shares of the semiconductor company’s stock worth $4,213,832,000 after purchasing an additional 1,517,420 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Texas Instruments by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 22,865,312 shares of the semiconductor company’s stock worth $3,952,933,000 after purchasing an additional 248,515 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Texas Instruments by 10.6% during the fourth quarter. Invesco Ltd. now owns 18,184,514 shares of the semiconductor company’s stock worth $3,154,831,000 after purchasing an additional 1,749,513 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Texas Instruments by 33.6% in the first quarter. Bank of New York Mellon Corp now owns 16,402,834 shares of the semiconductor company’s stock valued at $3,184,446,000 after purchasing an additional 4,129,601 shares during the period. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Texas Instruments news, CEO Haviv Ilan sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $280.32, for a total transaction of $5,606,400.00. Following the completion of the sale, the chief executive officer directly owned 204,339 shares in the company, valued at $57,280,308.48. The trade was a 8.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Rafael R. Lizardi sold 47,734 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $308.10, for a total transaction of $14,706,845.40. Following the completion of the sale, the chief financial officer directly owned 85,485 shares of the company’s stock, valued at $26,337,928.50. The trade was a 35.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 199,143 shares of company stock valued at $56,959,010 over the last quarter. 0.60% of the stock is owned by insiders.

Key Stories Impacting Texas Instruments

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

• Positive Sentiment: Texas Instruments beat Q2 estimates, reporting EPS of $2.14 on revenue of $5.46 billion, with sales up 22.8% year over year and net income rising sharply. Article Title
• Positive Sentiment: Management also raised Q3 guidance above Wall Street expectations, signaling continued demand recovery in industrial, data center and automotive markets. Article Title
• Positive Sentiment: Several analysts turned more constructive: JPMorgan raised its target to $340 with an overweight rating, TD Cowen kept a buy rating and cut its target to $340, and KeyCorp lifted its target to $400. Article Title
• Positive Sentiment: Commentary around strong AI data center demand and broader semiconductor momentum is reinforcing the long-term growth narrative for TXN. Article Title
• Neutral Sentiment: Texas Instruments remains part of a strong semiconductor sector rally, which may provide support, but the stock is also vulnerable to post-earnings “sell the news” behavior after a strong run. Article Title
• Negative Sentiment: Despite the strong report, shares have slipped as investors question whether the results were already priced in after a big rally and high expectations for chip stocks. Article Title

Texas Instruments Stock Performance

Shares of NASDAQ:TXN opened at $284.99 on Friday. The business has a 50-day moving average of $301.53 and a two-hundred day moving average of $247.14. The firm has a market capitalization of $259.37 billion, a PE ratio of 43.38, a P/E/G ratio of 1.51 and a beta of 1.32. The company has a debt-to-equity ratio of 0.77, a current ratio of 4.46 and a quick ratio of 2.94. Texas Instruments Incorporated has a 12 month low of $152.73 and a 12 month high of $334.03.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $1.91 by $0.23. Texas Instruments had a return on equity of 36.55% and a net margin of 31.11%.The business had revenue of $5.46 billion for the quarter, compared to analyst estimates of $5.26 billion. During the same period in the previous year, the company posted $1.41 EPS. The company’s revenue was up 22.8% compared to the same quarter last year. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, research analysts forecast that Texas Instruments Incorporated will post 7.69 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st will be given a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Friday, July 31st. Texas Instruments’s payout ratio is 97.26%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Truist Financial upped their target price on Texas Instruments from $278.00 to $300.00 and gave the company a “hold” rating in a research note on Thursday. Sanford C. Bernstein upped their price objective on shares of Texas Instruments from $250.00 to $290.00 and gave the company a “market perform” rating in a research note on Thursday. JPMorgan Chase & Co. increased their price objective on shares of Texas Instruments from $280.00 to $340.00 and gave the stock an “overweight” rating in a report on Thursday. Wall Street Zen raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Finally, Susquehanna boosted their target price on shares of Texas Instruments from $300.00 to $340.00 and gave the company a “positive” rating in a report on Tuesday. Fourteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $307.60.

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.