22,556,669 Shares in Toronto Dominion Bank (The) $TD Acquired by Norges Bank

Norges Bank bought a new position in shares of Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 22,556,669 shares of the bank’s stock, valued at approximately $2,125,963,000.

Several other large investors have also recently added to or reduced their stakes in the business. Hillsdale Investment Management Inc. increased its stake in Toronto Dominion Bank by 7.3% during the 4th quarter. Hillsdale Investment Management Inc. now owns 1,166,579 shares of the bank’s stock worth $110,144,000 after buying an additional 78,884 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Toronto Dominion Bank by 15.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 46,394 shares of the bank’s stock worth $4,370,000 after buying an additional 6,272 shares during the period. Intech Investment Management LLC increased its stake in Toronto Dominion Bank by 326.6% during the 4th quarter. Intech Investment Management LLC now owns 451,359 shares of the bank’s stock worth $42,596,000 after buying an additional 345,563 shares during the period. Foundations Investment Advisors LLC purchased a new stake in Toronto Dominion Bank during the 4th quarter worth approximately $236,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in Toronto Dominion Bank during the 4th quarter worth approximately $59,000. 52.37% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on TD. Weiss Ratings raised shares of Toronto Dominion Bank from a “buy (b)” rating to a “buy (a-)” rating in a research note on Friday, March 27th. Zacks Research downgraded shares of Toronto Dominion Bank from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Scotiabank raised shares of Toronto Dominion Bank from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, May 4th. Raymond James Financial raised shares of Toronto Dominion Bank from a “market perform” rating to an “outperform” rating in a research report on Tuesday, May 12th. Finally, Wall Street Zen downgraded shares of Toronto Dominion Bank from a “hold” rating to a “sell” rating in a research report on Saturday, May 23rd. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

More Toronto Dominion Bank News

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

• Positive Sentiment: TD reported Q2 adjusted EPS of $2.38, up 21% year over year, and adjusted earnings of $4.2 billion, both ahead of expectations. Revenue also topped estimates, helped by strength in Canadian banking, wealth, and wholesale banking. TD Bank Group Reports Second Quarter 2026 Results
• Positive Sentiment: The bank lifted its quarterly dividend to $1.12 per share, a 3.7% increase, signaling confidence in capital generation and adding to its appeal for income-focused investors. TD BANK GROUP DECLARES DIVIDENDS
• Positive Sentiment: Management also guided to a $7 billion buyback, which should support per-share metrics and reinforce the view that capital returns remain a priority. TD Bank Q2 Earnings: Still A Buy, For Now
• Positive Sentiment: TD’s AI rollout in mortgage lending highlights an efficiency initiative that could reduce processing time, improve customer experience, and lower operating costs over time. TD Bank Puts Agentic AI To Work In Core Mortgage Lending
• Neutral Sentiment: Other major Canadian banks also beat earnings expectations, which helps confirm that the sector backdrop remains healthy, though it is not unique to TD. Canadian Banks Extend Earnings Beat Streak As Capital Markets Profit Jumps 27%
• Neutral Sentiment: Analysts note TD still faces AML-related remediation costs and a higher valuation after the rally, but these concerns were outweighed by the quarter’s strong operating performance. TD Bank Q2 Earnings: Still A Buy, For Now

Toronto Dominion Bank Trading Up 0.4%

Shares of Toronto Dominion Bank stock opened at $113.74 on Friday. The company has a fifty day simple moving average of $103.24 and a 200-day simple moving average of $96.05. Toronto Dominion Bank has a 12-month low of $68.08 and a 12-month high of $114.26. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.09. The stock has a market cap of $188.38 billion, a price-to-earnings ratio of 17.74, a PEG ratio of 1.27 and a beta of 0.71.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last issued its earnings results on Thursday, May 28th. The bank reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.11. Toronto Dominion Bank had a net margin of 13.20% and a return on equity of 14.80%. The business had revenue of $11.80 billion during the quarter, compared to analysts’ expectations of $11.04 billion. During the same quarter in the prior year, the business posted $1.97 EPS. The company’s revenue for the quarter was down 31.1% on a year-over-year basis. On average, equities analysts forecast that Toronto Dominion Bank will post 6.89 EPS for the current fiscal year.

Toronto Dominion Bank Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 10th will be paid a dividend of $1.12 per share. The ex-dividend date is Friday, July 10th. This represents a $4.48 dividend on an annualized basis and a yield of 3.9%. This is an increase from Toronto Dominion Bank’s previous quarterly dividend of $1.08. Toronto Dominion Bank’s dividend payout ratio (DPR) is currently 34.36%.

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.