Toronto Dominion Bank (The) $TD Shares Sold by QV Investors Inc.

QV Investors Inc. reduced its stake in Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) by 14.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 394,545 shares of the bank’s stock after selling 66,839 shares during the period. Toronto Dominion Bank comprises approximately 3.7% of QV Investors Inc.’s investment portfolio, making the stock its 6th largest position. QV Investors Inc.’s holdings in Toronto Dominion Bank were worth $47,955,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TD. Norges Bank acquired a new stake in Toronto Dominion Bank in the fourth quarter valued at approximately $2,125,963,000. Auto Owners Insurance Co increased its holdings in shares of Toronto Dominion Bank by 9,320.0% during the fourth quarter. Auto Owners Insurance Co now owns 3,965,443 shares of the bank’s stock worth $396,544,000 after buying an additional 3,923,347 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of Toronto Dominion Bank by 41.6% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,899,945 shares of the bank’s stock worth $1,121,660,000 after buying an additional 3,496,645 shares in the last quarter. Alberta Investment Management Corp bought a new position in shares of Toronto Dominion Bank in the 4th quarter valued at $299,850,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Toronto Dominion Bank in the 2nd quarter valued at $202,900,000. 52.37% of the stock is currently owned by institutional investors and hedge funds.

Toronto Dominion Bank Price Performance

TD stock opened at $121.33 on Monday. The company has a market capitalization of $199.57 billion, a P/E ratio of 18.03, a PEG ratio of 1.17 and a beta of 0.72. The company has a fifty day moving average price of $120.58 and a 200-day moving average price of $109.31. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.03 and a current ratio of 1.03. Toronto Dominion Bank has a 52-week low of $72.78 and a 52-week high of $125.46.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last issued its quarterly earnings data on Thursday, August 27th. The bank reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.74 by $0.24. The company had revenue of $12.07 billion for the quarter, compared to analysts’ expectations of $10.70 billion. Toronto Dominion Bank had a net margin of 14.41% and a return on equity of 14.88%. Toronto Dominion Bank’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.20 earnings per share. As a group, equities analysts expect that Toronto Dominion Bank will post 7.29 EPS for the current year.

Toronto Dominion Bank Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Friday, October 9th will be given a dividend of $1.12 per share. This represents a $4.48 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Friday, October 9th. Toronto Dominion Bank’s payout ratio is presently 46.81%.

Key Headlines Impacting Toronto Dominion Bank

Here are the key news stories impacting Toronto Dominion Bank this week:

• Positive Sentiment: Quarterly earnings beat expectations. TD reported approximately C$4.62 billion in third-quarter profit, with adjusted EPS of C$1.98 versus the C$1.74 analyst consensus. Revenue of C$12.07 billion also exceeded the C$10.70 billion estimate and rose 6.9% year over year. TD Bank earnings report
• Positive Sentiment: Capital-markets strength drove the outperformance. Strong trading and deal activity boosted wholesale banking results, while Canadian personal and commercial banking also delivered gains. Lower provisions for credit losses further supported profitability. Canada banks earnings report
• Positive Sentiment: Capital returns and growth plans strengthened the investment case. TD declared a quarterly dividend of C$1.12 per common share, payable October 31, and RBC said the bank is positioned for sustained earnings growth and significant shareholder returns. TD also plans to open roughly 100 additional U.S. branches. TD positioned for earnings growth
• Positive Sentiment: Efficiency initiatives are beginning to produce measurable benefits. TD said its artificial-intelligence initiatives generated approximately C$195 million in value during the first three quarters of fiscal 2026, ahead of schedule. TD AI value report
• Neutral Sentiment: Analysts maintain a consensus “Moderate Buy” recommendation, while TD executives expressed measured confidence in Canada’s economic outlook. TD analyst recommendation
• Negative Sentiment: Despite the earnings beat, reported EPS remained below the year-earlier level in some comparisons, highlighting that the results benefited heavily from capital-markets performance and favorable credit conditions.

Analysts Set New Price Targets

TD has been the topic of a number of research reports. Royal Bank Of Canada boosted their price objective on Toronto Dominion Bank from $138.00 to $156.00 and gave the stock an “outperform” rating in a research report on Monday, June 1st. Keefe, Bruyette & Woods initiated coverage on Toronto Dominion Bank in a research report on Friday, August 21st. They issued a “market perform” rating for the company. Raymond James Financial upgraded Toronto Dominion Bank from a “market perform” rating to an “outperform” rating in a research report on Tuesday, May 12th. Weiss Ratings raised Toronto Dominion Bank from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 5th. Finally, Scotiabank upgraded Toronto Dominion Bank from a “sector perform” rating to a “sector outperform” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $156.00.

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.