Toronto Dominion Bank (NYSE:TD) Upgraded at Wall Street Zen

Toronto Dominion Bank (NYSE:TD) (TSE:TD) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Monday.

A number of other brokerages also recently commented on TD. Raymond James Financial raised shares of Toronto Dominion Bank to a “hold” rating in a research report on Monday, November 24th. Jefferies Financial Group lowered shares of Toronto Dominion Bank from a “buy” rating to a “hold” rating in a research note on Tuesday, November 25th. Canadian Imperial Bank of Commerce cut shares of Toronto Dominion Bank from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th. Zacks Research raised shares of Toronto Dominion Bank from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, National Bank Financial upgraded Toronto Dominion Bank from a “sector perform” rating to an “outperform” rating in a report on Thursday, December 18th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.00.

Toronto Dominion Bank Stock Down 1.5%

Shares of Toronto Dominion Bank stock opened at $97.31 on Monday. The stock has a 50-day moving average price of $95.09 and a 200 day moving average price of $85.71. The company has a market cap of $162.63 billion, a P/E ratio of 10.75, a P/E/G ratio of 1.27 and a beta of 0.66. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.09. Toronto Dominion Bank has a 1 year low of $54.87 and a 1 year high of $99.84.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last released its earnings results on Thursday, February 26th. The bank reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.13. The company had revenue of $11.01 billion for the quarter, compared to analysts’ expectations of $10.43 billion. Toronto Dominion Bank had a return on equity of 14.29% and a net margin of 17.52%.The business’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.02 EPS. As a group, analysts expect that Toronto Dominion Bank will post 5.48 EPS for the current fiscal year.

Hedge Funds Weigh In On Toronto Dominion Bank

Several hedge funds have recently bought and sold shares of the business. Canada Pension Plan Investment Board lifted its position in 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 acquiring an additional 1,946,172 shares during the last quarter. The Manufacturers Life Insurance Company grew its position 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 purchasing an additional 115,203 shares during the last quarter. Picton Mahoney Asset Management bought a new position in shares of Toronto Dominion Bank in the second quarter worth about $267,475,000. Bank of New York Mellon Corp increased its stake in shares of Toronto Dominion Bank by 3.2% in 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 purchasing an additional 51,698 shares during the period. Finally, Ontario Teachers Pension Plan Board lifted its position in shares of Toronto Dominion Bank by 304.0% during the 2nd quarter. Ontario Teachers Pension Plan Board now owns 2,446,307 shares of the bank’s stock worth $180,047,000 after purchasing an additional 1,840,747 shares during the last quarter. 52.37% of the stock is owned by institutional investors and hedge funds.

More 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

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.