Bleakley Financial Group LLC grew its holdings in Toronto Dominion Bank (The) (NYSE:TD – Free Report) (TSE:TD) by 38.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 16,963 shares of the bank’s stock after purchasing an additional 4,735 shares during the period. Bleakley Financial Group LLC’s holdings in Toronto Dominion Bank were worth $1,598,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of the business. Cary Street Partners Financial LLC purchased a new stake in shares of Toronto Dominion Bank in the fourth quarter valued at $530,000. Themes Management Co LLC purchased a new stake in shares of Toronto Dominion Bank in the fourth quarter valued at $951,000. CBIZ Investment Advisory Services LLC purchased a new stake in shares of Toronto Dominion Bank in the fourth quarter valued at $34,000. Legal & General Group Plc lifted its holdings in shares of Toronto Dominion Bank by 4.3% in the fourth quarter. Legal & General Group Plc now owns 10,148,324 shares of the bank’s stock valued at $957,711,000 after purchasing an additional 419,105 shares in the last quarter. Finally, Morningstar Investment Management LLC purchased a new stake in shares of Toronto Dominion Bank in the fourth quarter valued at $1,988,000. Hedge funds and other institutional investors 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: 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 Trading Up 1.0%
Toronto Dominion Bank (NYSE:TD – Get Free Report) (TSE:TD) last posted its quarterly earnings results on Thursday, February 26th. The bank reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $11.01 billion for the quarter, compared to the consensus estimate of $10.43 billion. During the same period in the prior year, the business 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. As a group, sell-side analysts anticipate that Toronto Dominion Bank will post 6.89 earnings per share for the current fiscal year.
Toronto Dominion Bank Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 10th will be paid a $1.12 dividend. This represents a $4.48 dividend on an annualized basis 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 of this dividend is Friday, July 10th. Toronto Dominion Bank’s dividend payout ratio (DPR) is currently 34.36%.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on TD shares. Scotiabank upgraded Toronto Dominion Bank from a “sector perform” rating to a “sector outperform” rating in a report on Monday, May 4th. Zacks Research lowered Toronto Dominion Bank from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Wall Street Zen lowered Toronto Dominion Bank from a “hold” rating to a “sell” rating in a report on Saturday, May 23rd. Weiss Ratings upgraded Toronto Dominion Bank from a “buy (b)” rating to a “buy (a-)” rating in a report on Friday, March 27th. Finally, Raymond James Financial upgraded Toronto Dominion Bank from a “market perform” rating to an “outperform” rating in a report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Toronto Dominion Bank presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on TD
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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