Intech Investment Management LLC boosted its position in Toronto Dominion Bank (The) (NYSE:TD – Free Report) (TSE:TD) by 326.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 451,359 shares of the bank’s stock after purchasing an additional 345,563 shares during the quarter. Intech Investment Management LLC’s holdings in Toronto Dominion Bank were worth $42,596,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Foundations Investment Advisors LLC acquired a new position in Toronto Dominion Bank in the 4th quarter worth about $236,000. Godfrey Financial Associates Inc. bought a new stake in shares of Toronto Dominion Bank in the 4th quarter valued at about $59,000. Geode Capital Management LLC grew its position in shares of 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 buying an additional 968,122 shares during the last quarter. Cary Street Partners Investment Advisory LLC acquired a new stake in shares of Toronto Dominion Bank in the fourth quarter valued at about $63,000. Finally, Bleakley Financial Group LLC increased its stake in shares of Toronto Dominion Bank by 38.7% in the fourth quarter. Bleakley Financial Group LLC now owns 16,963 shares of the bank’s stock valued at $1,598,000 after buying an additional 4,735 shares during the period. Institutional investors and hedge funds own 52.37% of the company’s stock.
Toronto Dominion Bank Trading Up 1.0%
Shares of TD stock opened at $113.33 on Friday. The stock has a market cap of $187.70 billion, a price-to-earnings ratio of 12.52, a PEG ratio of 1.25 and a beta of 0.71. The stock has a 50-day moving average of $102.85 and a 200-day moving average of $95.93. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.09. Toronto Dominion Bank has a 1-year low of $68.08 and a 1-year high of $113.51.
Toronto Dominion Bank Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 10th will be given a dividend of $1.12 per share. This represents a $4.48 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Friday, July 10th. This is a positive change from Toronto Dominion Bank’s previous quarterly dividend of $1.08. Toronto Dominion Bank’s dividend payout ratio is currently 34.36%.
Key Toronto Dominion Bank News
Here are the key news stories impacting Toronto Dominion Bank this week:
- Positive Sentiment: TD reported Q2 adjusted earnings of $2.38 per share, ahead of estimates, with adjusted earnings up 15% and adjusted EPS up 21% year over year, suggesting the core business is improving. TD Bank Group Reports Second Quarter 2026 Results
- Positive Sentiment: The bank lifted its quarterly dividend to $1.12 per share, a sign of confidence in earnings durability and capital strength, which tends to support investor sentiment. TD BANK GROUP DECLARES DIVIDENDS
- Positive Sentiment: Canada’s big banks, including TD, broadly beat analyst profit estimates as lower loan-loss provisions eased credit worries, reinforcing the view that credit quality is holding up better than feared. Canada’s big banks post broad-based earnings beats as credit fears ease
- Neutral Sentiment: TD highlighted AI-driven efficiency gains, including mortgage approvals falling from 15 hours to 3 minutes, which could improve long-term operating leverage but is not an immediate earnings driver. TD Bank Says AI Is Cutting Mortgage Approvals From 15 Hours to 3 Minutes
- Neutral Sentiment: The bank is also exploring tie-ups with private credit firms, which could expand lending opportunities, but no agreement has been reached yet. TD Bank explores tie-up with private credit firms
- Negative Sentiment: Reported revenue was down sharply year over year on the quarter, which may temper enthusiasm despite the EPS beat and dividend increase. TD Bank Reports Q2 Adjusted Earnings Beat With Canada Ops Buoyed By Lower PCLs; Lifts Dividend
Analyst Upgrades and Downgrades
TD has been the subject of several recent research reports. Zacks Research cut Toronto Dominion Bank from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Canadian Imperial Bank of Commerce cut Toronto Dominion Bank from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. Weiss Ratings raised Toronto Dominion Bank from a “buy (b)” rating to a “buy (a-)” rating in a research note on Friday, March 27th. Scotiabank raised Toronto Dominion Bank from a “sector perform” rating to a “sector outperform” rating in a research note on Monday, May 4th. Finally, Raymond James Financial raised Toronto Dominion Bank from a “market perform” rating to an “outperform” rating in a research note on Tuesday, May 12th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Toronto Dominion Bank currently has an average rating of “Moderate Buy”.
About Toronto Dominion Bank
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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