Toronto-Dominion Bank (NYSE:TD) Cut to “Hold” at Desjardins

Desjardins lowered shares of Toronto-Dominion Bank (NYSE:TD) (TSE:TD) from a buy rating to a hold rating in a research report released on Friday, Marketbeat.com reports. Desjardins also issued estimates for Toronto-Dominion Bank’s Q4 2025 earnings at $1.45 EPS, FY2025 earnings at $5.54 EPS and FY2026 earnings at $5.93 EPS.

Several other equities research analysts have also weighed in on TD. National Bank Financial upgraded Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a report on Thursday, August 22nd. StockNews.com lowered shares of Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research note on Thursday, August 22nd. Scotiabank lowered shares of Toronto-Dominion Bank from a “sector outperform” rating to a “sector perform” rating in a research report on Friday. Royal Bank of Canada downgraded Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating in a research report on Friday, October 11th. Finally, Barclays cut Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a research report on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a strong buy rating to the stock. According to MarketBeat, Toronto-Dominion Bank presently has a consensus rating of “Hold” and a consensus target price of $80.50.

Toronto-Dominion Bank Price Performance

NYSE TD opened at $51.96 on Friday. Toronto-Dominion Bank has a fifty-two week low of $51.74 and a fifty-two week high of $65.12. The stock’s 50-day moving average is $57.30 and its two-hundred day moving average is $57.65. The firm has a market cap of $90.94 billion, a P/E ratio of 14.97, a price-to-earnings-growth ratio of 1.86 and a beta of 0.82. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.02 and a quick ratio of 1.02.

Toronto-Dominion Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 10th will be issued a dividend of $0.7482 per share. This represents a $2.99 annualized dividend and a dividend yield of 5.76%. The ex-dividend date is Friday, January 10th. This is a positive change from Toronto-Dominion Bank’s previous quarterly dividend of $0.74. Toronto-Dominion Bank’s dividend payout ratio (DPR) is presently 87.03%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Dunhill Financial LLC grew its stake in shares of Toronto-Dominion Bank by 164.9% in the 3rd quarter. Dunhill Financial LLC now owns 400 shares of the bank’s stock valued at $25,000 after purchasing an additional 249 shares during the period. Triad Wealth Partners LLC acquired a new stake in Toronto-Dominion Bank in the 2nd quarter valued at $31,000. Blue Trust Inc. grew its position in Toronto-Dominion Bank by 50.7% in the second quarter. Blue Trust Inc. now owns 630 shares of the bank’s stock valued at $38,000 after acquiring an additional 212 shares during the period. Kimelman & Baird LLC acquired a new position in Toronto-Dominion Bank during the second quarter worth $49,000. Finally, Morse Asset Management Inc acquired a new stake in shares of Toronto-Dominion Bank in the 3rd quarter valued at $63,000. 52.37% of the stock is owned by institutional investors.

About Toronto-Dominion Bank

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking.