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

QV Investors Inc. decreased its position in shares of Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) by 14.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 394,545 shares of the bank’s stock after selling 66,839 shares during the quarter. Toronto Dominion Bank comprises 3.7% of QV Investors Inc.’s holdings, making the stock its 6th largest holding. QV Investors Inc.’s holdings in Toronto Dominion Bank were worth $47,955,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Hillsdale Investment Management Inc. lifted its stake in shares of Toronto Dominion Bank by 3.0% in the first quarter. Hillsdale Investment Management Inc. now owns 1,201,500 shares of the bank’s stock valued at $112,185,000 after buying an additional 34,921 shares in the last quarter. Alberta Investment Management Corp bought a new stake in shares of Toronto Dominion Bank during the fourth quarter worth about $299,850,000. State of Wyoming increased its position in shares of Toronto Dominion Bank by 1,018.7% during the first quarter. State of Wyoming now owns 22,765 shares of the bank’s stock worth $2,119,000 after acquiring an additional 20,730 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Toronto Dominion Bank in the 2nd quarter worth about $202,900,000. Finally, Ninepoint Partners LP bought a new position in Toronto Dominion Bank in the 2nd quarter valued at about $29,903,000. 52.37% of the stock is owned by institutional investors and hedge funds.

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.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Raymond James Financial upgraded Toronto Dominion Bank from a “market perform” rating to an “outperform” rating in a research note on Tuesday, May 12th. Wall Street Zen upgraded Toronto Dominion Bank from a “sell” rating to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings raised Toronto Dominion Bank from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 5th. Royal Bank Of Canada upped their price target on Toronto Dominion Bank from $138.00 to $156.00 and gave the stock an “outperform” rating in a report on Monday, June 1st. Finally, Scotiabank raised Toronto Dominion Bank from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $156.00.

Toronto Dominion Bank Stock Performance

Shares of TD stock opened at $121.33 on Monday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market cap of $199.57 billion, a price-to-earnings ratio of 18.03, a P/E/G ratio of 1.17 and a beta of 0.72. Toronto Dominion Bank has a 52 week low of $72.78 and a 52 week high of $125.46. The firm’s 50-day simple moving average is $120.58 and its two-hundred day simple moving average is $109.31.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last released its earnings results on Thursday, August 27th. The bank reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.24. Toronto Dominion Bank had a net margin of 14.41% and a return on equity of 14.88%. The firm had revenue of $12.07 billion during the quarter, compared to the consensus estimate of $10.70 billion. During the same period in the prior year, the firm earned $2.20 EPS. The company’s revenue was up 6.9% compared to the same quarter last year. As a group, equities analysts forecast that Toronto Dominion Bank will post 7.29 earnings per share for the current year.

Toronto Dominion Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Friday, October 9th will be issued a $1.12 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $4.48 annualized dividend and a yield of 3.7%. Toronto Dominion Bank’s dividend payout ratio (DPR) is 46.81%.

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.