Toronto Dominion Bank (The) (NYSE:TD – Get Free Report) (TSE:TD) has been assigned a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $156.00.
A number of research analysts have recently commented on TD shares. Weiss Ratings raised shares of Toronto Dominion Bank from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 5th. Wall Street Zen raised shares of Toronto Dominion Bank from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Keefe, Bruyette & Woods assumed coverage on shares of Toronto Dominion Bank in a report on Friday, August 21st. They set a “market perform” rating on the stock. Raymond James Financial upgraded shares of Toronto Dominion Bank from a “market perform” rating to an “outperform” rating in a research report on Tuesday, May 12th. Finally, Scotiabank upgraded shares of Toronto Dominion Bank from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, May 4th.
Read Our Latest Research Report on TD
Toronto Dominion Bank Trading Up 0.1%
Toronto Dominion Bank (NYSE:TD – Get Free Report) (TSE:TD) last posted its quarterly earnings results on Thursday, August 27th. The bank reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.24. Toronto Dominion Bank had a return on equity of 14.88% and a net margin of 14.41%.The company had revenue of $12.07 billion during the quarter, compared to analysts’ expectations of $10.70 billion. During the same quarter in the previous year, the firm earned $2.20 EPS. Toronto Dominion Bank’s revenue was up 6.9% on a year-over-year basis. Equities analysts predict that Toronto Dominion Bank will post 7.29 EPS for the current fiscal year.
Toronto Dominion Bank Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Friday, October 9th will be issued a dividend of $1.12 per share. The ex-dividend date is Friday, October 9th. This represents a $4.48 annualized dividend and a dividend yield of 3.7%. Toronto Dominion Bank’s dividend payout ratio is 46.81%.
Institutional Investors Weigh In On Toronto Dominion Bank
Hedge funds have recently modified their holdings of the company. Cornerstone Financial Management LLC increased its holdings in Toronto Dominion Bank by 77.2% in the 2nd quarter. Cornerstone Financial Management LLC now owns 218 shares of the bank’s stock worth $26,000 after purchasing an additional 95 shares in the last quarter. Bayban acquired a new stake in shares of Toronto Dominion Bank during the fourth quarter valued at about $28,000. Harvest Fund Management Co. Ltd grew its holdings in shares of Toronto Dominion Bank by 112.8% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 317 shares of the bank’s stock worth $30,000 after purchasing an additional 168 shares during the last quarter. CBIZ Investment Advisory Services LLC bought a new stake in shares of Toronto Dominion Bank during the fourth quarter worth about $34,000. Finally, Brown Lisle Cummings Inc. increased its stake in shares of Toronto Dominion Bank by 88.4% in the first quarter. Brown Lisle Cummings Inc. now owns 407 shares of the bank’s stock valued at $38,000 after buying an additional 191 shares during the period. Institutional investors and hedge funds own 52.37% of the company’s stock.
Trending Headlines about 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.
Toronto Dominion Bank Company 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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