Bank of Nova Scotia (The) $BNS Stake Lifted by TD Asset Management Inc

Posted by on Jun 4th, 2026

TD Asset Management Inc increased its stake in Bank of Nova Scotia (The) (NYSE:BNS – Free Report) (TSE:BNS) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,674,585 shares of the bank’s stock after acquiring an additional 310,564 shares during the period. Bank of Nova Scotia makes up approximately 1.1% of TD Asset Management Inc’s investment portfolio, making the stock its 19th biggest position. TD Asset Management Inc owned approximately 1.51% of Bank of Nova Scotia worth $1,379,120,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mondrian Investment Partners LTD bought a new stake in Bank of Nova Scotia during the third quarter worth approximately $30,000. Quarry LP bought a new stake in Bank of Nova Scotia during the third quarter worth approximately $35,000. Virtus Advisers LLC bought a new stake in Bank of Nova Scotia during the third quarter worth approximately $39,000. Nisa Investment Advisors LLC bought a new stake in Bank of Nova Scotia during the fourth quarter worth approximately $50,000. Finally, Fifth Third Bancorp boosted its holdings in Bank of Nova Scotia by 79.2% during the fourth quarter. Fifth Third Bancorp now owns 688 shares of the bank’s stock worth $51,000 after buying an additional 304 shares in the last quarter. 49.13% of the stock is currently owned by institutional investors.

Bank of Nova Scotia Stock Down 0.6%

Shares of NYSE:BNS opened at $80.19 on Thursday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market cap of $98.37 billion, a PE ratio of 15.30, a price-to-earnings-growth ratio of 0.99 and a beta of 1.12. Bank of Nova Scotia has a 52 week low of $53.18 and a 52 week high of $82.22. The firm has a 50 day simple moving average of $75.36 and a 200 day simple moving average of $73.68.

Bank of Nova Scotia (NYSE:BNS – Get Free Report) (TSE:BNS) last issued its quarterly earnings results on Wednesday, May 27th. The bank reported $1.47 EPS for the quarter, beating the consensus estimate of $1.42 by $0.05. The business had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $7.13 billion. Bank of Nova Scotia had a net margin of 13.38% and a return on equity of 13.16%. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.52 EPS. As a group, research analysts expect that Bank of Nova Scotia will post 6.05 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on BNS. TD Securities restated a “hold” rating on shares of Bank of Nova Scotia in a report on Tuesday, March 3rd. Weiss Ratings restated a “buy (b)” rating on shares of Bank of Nova Scotia in a report on Friday, May 22nd. Canaccord Genuity Group cut shares of Bank of Nova Scotia from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Finally, Royal Bank Of Canada raised their target price on shares of Bank of Nova Scotia from $98.00 to $117.00 and gave the stock a “sector perform” rating in a report on Thursday, May 28th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $117.00.

View Our Latest Stock Analysis on BNS

Bank of Nova Scotia Profile

(Free Report)

Bank of Nova Scotia, commonly known as Scotiabank, is a Canadian multinational banking and financial services company founded in 1832 and headquartered in Toronto, Ontario. It is one of Canada’s largest banks and provides a broad range of financial services to retail, commercial, corporate and institutional clients. The bank combines a domestic Canadian franchise with an extensive international presence to serve customers across multiple markets.

Scotiabank’s core activities include personal and commercial banking, wealth management, corporate and investment banking, capital markets, and global transaction banking.

Read More

Institutional Ownership by Quarter for Bank of Nova Scotia (NYSE:BNS)

Receive News & Ratings for Bank of Nova Scotia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Nova Scotia and related companies with MarketBeat.com's FREE daily email newsletter.