Aviso Financial Inc. Cuts Position in Toronto Dominion Bank (The) $TD

Aviso Financial Inc. lessened its holdings in Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) by 0.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,659,224 shares of the bank’s stock after selling 12,522 shares during the quarter. Toronto Dominion Bank accounts for approximately 5.4% of Aviso Financial Inc.’s investment portfolio, making the stock its biggest holding. Aviso Financial Inc.’s holdings in Toronto Dominion Bank were worth $132,690,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in TD. Canada Pension Plan Investment Board increased its position in shares of Toronto Dominion Bank by 18.5% during the 2nd quarter. Canada Pension Plan Investment Board now owns 12,470,618 shares of the bank’s stock worth $917,832,000 after purchasing an additional 1,946,172 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Toronto Dominion Bank by 0.8% in the second quarter. The Manufacturers Life Insurance Company now owns 13,815,706 shares of the bank’s stock valued at $1,010,852,000 after buying an additional 115,203 shares in the last quarter. Picton Mahoney Asset Management acquired a new position in Toronto Dominion Bank during the second quarter worth $267,475,000. Bank of New York Mellon Corp raised its position in Toronto Dominion Bank by 3.2% during the second quarter. Bank of New York Mellon Corp now owns 1,658,144 shares of the bank’s stock worth $121,791,000 after acquiring an additional 51,698 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board lifted its stake in Toronto Dominion Bank by 304.0% in the second quarter. Ontario Teachers Pension Plan Board now owns 2,446,307 shares of the bank’s stock valued at $180,047,000 after acquiring an additional 1,840,747 shares during the last quarter. Institutional investors own 52.37% of the company’s stock.

Key Toronto Dominion Bank News

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

• Positive Sentiment: Record Q1 results and beats — TD reported adjusted Q1 earnings that topped estimates and revenue grew ~18%, driven by Canadian P&C and wholesale fee growth; this is the primary bullish catalyst. The Toronto‑Dominion Bank (TD) Q1 2026 Earnings Call Highlights: Record Earnings and Strategic …
• Positive Sentiment: Dividend increase/confirmation — TD declared a CA$1.08 quarterly common share dividend (payable Apr. 30), supporting income investors and reinforcing capital return credibility. TD BANK GROUP DECLARES DIVIDENDS
• Positive Sentiment: Strategic investment in AI and digital — Management highlighted scaling AI to remediate the U.S. AML program and other tech investments, which may lower future compliance costs and improve efficiency. TD Bank Scales AI to Fix AML Program
• Positive Sentiment: Momentum/valuation interest — Shares recently hit a 52‑week high and analysts/publications are re‑rating TD after robust results and strong total shareholder returns, attracting momentum flows. Toronto Dominion Bank (The) (TD) Hit a 52 Week High, Can the Run Continue?
• Neutral Sentiment: Valuation and investor takeaways — Analysts are revisiting TD’s valuation after record adjusted earnings and the new dividend; some coverage balances growth vs. price, useful for medium‑term positioning. Assessing TD Bank (TSX:TD) Valuation After Record Q1 Earnings And New Dividend
• Neutral Sentiment: Full filings/presentation available — Management released the earnings presentation and slide deck (useful for modeling segment performance and guidance). The Toronto‑Dominion Bank 2026 Q1 – Results – Earnings Call Presentation
• Negative Sentiment: GAAP EPS down year‑over‑year — While adjusted EPS beat, reported GAAP EPS were lower versus the prior year, and remediation/one‑time items remain watchpoints that could temper near‑term investor enthusiasm. Toronto Dominion Bank’s quarterly profit rises on higher interest income

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Toronto Dominion Bank in a research note on Wednesday, January 21st. Canadian Imperial Bank of Commerce downgraded Toronto Dominion Bank from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 12th. Zacks Research upgraded Toronto Dominion Bank from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Raymond James Financial upgraded Toronto Dominion Bank to a “hold” rating in a research note on Monday, November 24th. Finally, Jefferies Financial Group lowered Toronto Dominion Bank from a “buy” rating to a “hold” rating in a report on Tuesday, November 25th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $93.00.

Toronto Dominion Bank Stock Down 1.5%

Toronto Dominion Bank stock opened at $97.31 on Friday. The company’s 50-day moving average price is $95.09 and its two-hundred day moving average price is $85.63. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.09. The stock has a market cap of $162.63 billion, a P/E ratio of 10.75, a P/E/G ratio of 1.30 and a beta of 0.67. Toronto Dominion Bank has a twelve month low of $54.87 and a twelve month high of $99.84.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last issued its quarterly earnings data on Thursday, February 26th. The bank reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $0.13. The company had revenue of $11.01 billion during the quarter, compared to analysts’ expectations of $10.43 billion. Toronto Dominion Bank had a return on equity of 14.28% and a net margin of 17.52%.The business’s revenue was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.02 earnings per share. As a group, analysts expect that Toronto Dominion Bank will post 5.48 EPS for the current year.

Toronto Dominion Bank Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 9th will be issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Thursday, April 9th. Toronto Dominion Bank’s dividend payout ratio is currently 34.81%.

About Toronto Dominion Bank

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.