Toronto Dominion Bank (The) $TD Shares Sold by CIBC Asset Management Inc

Posted by Stanley Muller on Jun 3rd, 2026

CIBC Asset Management Inc reduced its stake in shares of Toronto Dominion Bank (The) (NYSE:TD – Free Report) (TSE:TD) by 9.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,153,384 shares of the bank’s stock after selling 1,433,690 shares during the period. Toronto Dominion Bank accounts for about 3.2% of CIBC Asset Management Inc’s holdings, making the stock its 4th biggest position. CIBC Asset Management Inc’s holdings in Toronto Dominion Bank were worth $1,338,985,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. CBIZ Investment Advisory Services LLC acquired a new position in shares of Toronto Dominion Bank during the 4th quarter worth approximately $34,000. Cornerstone Planning Group LLC raised its position in shares of Toronto Dominion Bank by 177.9% during the 4th quarter. Cornerstone Planning Group LLC now owns 428 shares of the bank’s stock worth $40,000 after purchasing an additional 274 shares during the last quarter. Sound Income Strategies LLC raised its position in shares of Toronto Dominion Bank by 80.6% during the 4th quarter. Sound Income Strategies LLC now owns 466 shares of the bank’s stock worth $44,000 after purchasing an additional 208 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Toronto Dominion Bank by 660.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 525 shares of the bank’s stock valued at $38,000 after purchasing an additional 456 shares during the last quarter. Finally, Entrust Financial LLC acquired a new position in Toronto Dominion Bank in the 4th quarter valued at about $55,000. 52.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on TD. Scotiabank raised shares of Toronto Dominion Bank from a “sector perform” rating to a “sector outperform” rating in a research note on Monday, May 4th. Raymond James Financial raised shares of Toronto Dominion Bank from a “market perform” rating to an “outperform” rating in a research note on Tuesday, May 12th. Weiss Ratings downgraded shares of Toronto Dominion Bank from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Friday. Royal Bank Of Canada boosted their price target on Toronto Dominion Bank from $138.00 to $156.00 and gave the company an “outperform” rating in a report on Monday. Finally, Zacks Research downgraded Toronto Dominion Bank from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $156.00.

Get Our Latest Report on TD

Toronto Dominion Bank Trading Up 2.2%

NYSE TD opened at $113.16 on Wednesday. The company has a market cap of $186.99 billion, a P/E ratio of 17.65, a P/E/G ratio of 1.22 and a beta of 0.72. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.04 and a quick ratio of 1.04. The company has a 50-day moving average of $103.58 and a 200-day moving average of $96.36. Toronto Dominion Bank has a 12 month low of $69.08 and a 12 month high of $114.26.

Toronto Dominion Bank (NYSE:TD – Get Free Report) (TSE:TD) last released its quarterly earnings data on Thursday, May 28th. The bank reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.11. The business had revenue of $11.80 billion during the quarter, compared to the consensus estimate of $11.04 billion. Toronto Dominion Bank had a return on equity of 14.83% and a net margin of 13.20%.The business’s revenue for the quarter was down 31.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.97 EPS. As a group, equities analysts predict that Toronto Dominion Bank will post 6.92 earnings per share 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 issued a dividend of $1.12 per share. This represents a $4.48 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Friday, July 10th. This is a positive change from Toronto Dominion Bank’s previous quarterly dividend of $1.08. Toronto Dominion Bank’s payout ratio is currently 48.52%.

About Toronto Dominion Bank

(Free Report)

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.