Geode Capital Management LLC Buys 968,122 Shares of Toronto Dominion Bank (The) $TD

Geode Capital Management LLC raised its stake in Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) by 6.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,747,071 shares of the bank’s stock after acquiring an additional 968,122 shares during the quarter. Geode Capital Management LLC’s holdings in Toronto Dominion Bank were worth $1,610,733,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Main Line Retirement Advisors LLC lifted its holdings in shares of Toronto Dominion Bank by 0.9% in the fourth quarter. Main Line Retirement Advisors LLC now owns 12,152 shares of the bank’s stock worth $1,145,000 after acquiring an additional 109 shares during the last quarter. Rosenberg Matthew Hamilton lifted its holdings in shares of Toronto Dominion Bank by 8.6% in the fourth quarter. Rosenberg Matthew Hamilton now owns 1,489 shares of the bank’s stock worth $140,000 after acquiring an additional 118 shares during the last quarter. Richardson Financial Services Inc. lifted its holdings in shares of Toronto Dominion Bank by 12.4% in the fourth quarter. Richardson Financial Services Inc. now owns 1,104 shares of the bank’s stock worth $104,000 after acquiring an additional 122 shares during the last quarter. Commons Capital LLC lifted its holdings in shares of Toronto Dominion Bank by 0.7% in the third quarter. Commons Capital LLC now owns 18,251 shares of the bank’s stock worth $1,459,000 after acquiring an additional 134 shares during the last quarter. Finally, CIBC Private Wealth Group LLC lifted its holdings in shares of Toronto Dominion Bank by 4.8% in the third quarter. CIBC Private Wealth Group LLC now owns 2,912 shares of the bank’s stock worth $233,000 after acquiring an additional 134 shares during the last quarter. Institutional investors own 52.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on TD shares. Zacks Research downgraded 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 downgraded Toronto Dominion Bank from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. Scotiabank raised Toronto Dominion Bank from a “sector perform” rating to a “sector outperform” rating in a research note on Monday, May 4th. Weiss Ratings raised Toronto Dominion Bank from a “buy (b)” rating to a “buy (a-)” rating in a research note on Friday, March 27th. Finally, Wall Street Zen downgraded Toronto Dominion Bank from a “hold” rating to a “sell” rating in a research note on Saturday, May 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Toronto Dominion Bank currently has an average rating of “Moderate Buy”.

Toronto Dominion Bank Trading Up 1.0%

TD opened at $113.33 on Friday. Toronto Dominion Bank has a twelve month low of $68.08 and a twelve month high of $113.51. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.09. The company has a fifty day moving average of $102.85 and a 200-day moving average of $95.93. The stock has a market cap of $187.70 billion, a PE ratio of 12.52, a price-to-earnings-growth ratio of 1.25 and a beta of 0.71.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last posted its quarterly earnings data on Thursday, February 26th. The bank reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.13. Toronto Dominion Bank had a net margin of 17.52% and a return on equity of 14.29%. The company had revenue of $11.01 billion during the quarter, compared to analysts’ expectations of $10.43 billion. During the same period in the prior year, the company posted $2.02 earnings per share. Toronto Dominion Bank’s revenue for the quarter was up 18.1% compared to the same quarter last year. On average, sell-side analysts predict that Toronto Dominion Bank will post 6.89 EPS for the current year.

Toronto Dominion Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders 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%. This is a boost from Toronto Dominion Bank’s previous quarterly dividend of $1.08. The ex-dividend date is Friday, July 10th. Toronto Dominion Bank’s dividend payout ratio is currently 34.36%.

Toronto Dominion Bank News Roundup

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

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.