Public Employees Retirement System of Ohio purchased a new position in shares of Toronto Dominion Bank (The) (NYSE:TD – Free Report) (TSE:TD) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 612,995 shares of the bank’s stock, valued at approximately $74,503,000.
Several other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new stake in Toronto Dominion Bank in the fourth quarter worth $2,125,963,000. Bank of Nova Scotia increased its holdings in Toronto Dominion Bank by 6.8% in the 4th quarter. Bank of Nova Scotia now owns 19,486,741 shares of the bank’s stock worth $1,836,518,000 after acquiring an additional 1,234,510 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in Toronto Dominion Bank by 10.6% in the 4th quarter. The Manufacturers Life Insurance Company now owns 17,014,836 shares of the bank’s stock worth $1,606,978,000 after acquiring an additional 1,629,062 shares during the last quarter. Geode Capital Management LLC raised its stake in Toronto Dominion Bank by 6.1% in the 4th quarter. Geode Capital Management LLC now owns 16,747,071 shares of the bank’s stock valued at $1,610,733,000 after acquiring an additional 968,122 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its stake in Toronto Dominion Bank by 41.6% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,899,945 shares of the bank’s stock valued at $1,121,660,000 after acquiring an additional 3,496,645 shares during the period. Hedge funds and other institutional investors own 52.37% of the company’s stock.
Toronto Dominion Bank News Roundup
Here are the key news stories impacting Toronto Dominion Bank this week:
- Positive Sentiment: Major earnings beat: TD reported approximately C$4.62 billion in quarterly profit, up from C$3.34 billion a year earlier. Reported EPS of $1.98 exceeded the consensus estimate of $1.74, while revenue rose 6.9% year over year. TD quarterly earnings report
- Positive Sentiment: Capital-markets strength drove the beat: Robust trading and deal activity boosted wholesale banking results, with gains reported across TD’s divisions. Credit performance also improved, allowing the bank to set aside less for soured loans. Canada’s RBC, TD, CIBC top profit estimates
- Positive Sentiment: Growth investment and shareholder returns: TD plans to open 100 new U.S. branches, expanding its American retail-banking footprint. The bank also declared a quarterly dividend of $1.12 per share, payable October 31 to shareholders of record October 9. TD unveils plan to open 100 new U.S. branches
- Positive Sentiment: AI initiative ahead of schedule: TD generated C$195 million in artificial-intelligence-related value during the first three quarters of fiscal 2026, suggesting progress in cost savings and productivity initiatives. TD Bank Unlocks AI Value Ahead of Schedule
- Neutral Sentiment: Management expressed measured confidence in Canada’s economy, although the outlook remains dependent on tax reform and policies capable of unlocking investment and economic growth. Measured confidence in Canada’s economy
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on Toronto Dominion Bank
Toronto Dominion Bank Price Performance
Shares of NYSE TD opened at $121.08 on Friday. The firm has a market capitalization of $199.15 billion, a P/E ratio of 18.89, a P/E/G ratio of 1.21 and a beta of 0.72. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.09. The stock’s 50-day simple moving average is $120.54 and its two-hundred day simple moving average is $109.15. Toronto Dominion Bank has a twelve month low of $72.73 and a twelve month high of $125.46.
Toronto Dominion Bank (NYSE:TD – Get Free Report) (TSE:TD) last released its quarterly earnings results on Thursday, May 28th. The bank reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.11. The firm had revenue of $11.80 billion for the quarter, compared to analysts’ expectations of $11.04 billion. Toronto Dominion Bank had a return on equity of 14.83% and a net margin of 13.20%.The company’s revenue was down 31.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.97 EPS. As a group, equities analysts anticipate that Toronto Dominion Bank will post 6.99 EPS for the current fiscal year.
Toronto Dominion Bank Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Friday, October 9th will be given a $1.12 dividend. This represents a $4.48 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Friday, October 9th. Toronto Dominion Bank’s dividend payout ratio is 49.14%.
Toronto Dominion Bank Profile
Toronto-Dominion Bank (TD) is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. Formed through the 1955 merger of the Bank of Toronto (founded 1855) and the Dominion Bank (founded 1869), TD is one of Canada’s largest banks and offers a broad range of financial products and services to individual, small business, commercial and institutional clients.
TD’s core businesses include Canadian and U.S. personal and commercial banking, wealth management, wholesale banking and insurance.
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