The Toronto-Dominion Bank

TSX:TD Stock Report

Market Cap: CA$194.2b

Toronto-Dominion Bank Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:TD Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
01 Oct 25SellCA$821,249Ajai BambawaleIndividual7,328CA$112.07
30 Sep 25BuyCA$189,550Ana ArsovIndividual1,700CA$111.50
02 Jun 25BuyCA$29,729The Vinay Virmani Children's TrustCompany316CA$94.08
02 Jun 25BuyCA$150,274Ajay VirmaniIndividual1,581CA$95.05
02 Jun 25BuyCA$150,274The Ajay & Monica Virmani Joint Partner TrustCompany1,581CA$95.05
30 May 25BuyCA$3,309Michael EasonIndividual35CA$94.55
28 May 25BuyCA$283,470Ana ArsovIndividual3,000CA$94.49
26 May 25BuyCA$55,920Nathalie PalladitcheffIndividual600CA$93.20
11 Apr 25BuyCA$80,860Nathalie PalladitcheffIndividual1,000CA$80.86
11 Apr 25BuyCA$998,935Elio LuongoIndividual12,360CA$80.82
11 Apr 25BuyCA$279,476Ana ArsovIndividual3,483CA$80.24
09 Apr 25BuyCA$2,000,936Ajay VirmaniIndividual24,636CA$81.22
09 Dec 24BuyCA$54,640Keith MartellIndividual730CA$74.85

Insider Trading Volume

Insider Buying: TD insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of TD?
Owner TypeNumber of SharesOwnership Percentage
Private Companies667,5220.0389%
Individual Insiders713,7860.0416%
State or Government997,8130.0582%
General Public753,276,85743.9%
Institutions958,610,93755.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 41.35% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
4.97%
BMO Asset Management Corp.
85,240,803CA$9.7b-7.79%2.44%
4.5%
The Vanguard Group, Inc.
77,187,442CA$8.7b3.42%0.08%
3.01%
RBC Global Asset Management Inc.
51,517,584CA$5.8b0.59%2.08%
2.68%
Royal Bank of Canada
45,878,083CA$5.2b-34.5%1.67%
2.56%
Canadian Imperial Bank of Commerce
43,872,464CA$5.0b-11.2%6.91%
2.54%
RBC Dominion Securities Inc.
43,627,732CA$4.9b36.3%2.53%
2.45%
Fidelity International Ltd
42,077,344CA$4.8b-0.27%1.21%
2.18%
TD Asset Management, Inc.
37,365,008CA$4.2b0.89%1.9%
1.78%
National Bank Investments Inc.
30,487,213CA$3.5b-2.66%2.33%
1.62%
Mackenzie Financial Corporation
27,831,745CA$3.2b-4.86%2.11%
1.32%
1832 Asset Management L.P.
22,548,848CA$2.6b0.45%2.21%
1.25%
The Bank of Nova Scotia
21,486,250CA$2.4b-11.5%3.17%
1.22%
Norges Bank Investment Management
20,973,483CA$2.4b12.4%0.11%
0.96%
CIBC Asset Management Inc.
16,432,255CA$1.9b-11.5%2.05%
0.91%
The Goldman Sachs Group, Inc.
15,664,072CA$1.8b40.4%0.44%
0.86%
Beutel Goodman & Company Ltd.
14,740,291CA$1.7b-3.79%5.6%
0.83%
Fédération des caisses Desjardins du Québec
14,236,710CA$1.6b-3.71%5.35%
0.83%
Geode Capital Management, LLC
14,147,217CA$1.6b20.1%0.06%
0.81%
Manulife Asset Management
13,815,706CA$1.6b0.84%0.77%
0.73%
Canada Pension Plan Investment Board
12,470,618CA$1.4b18.5%0.51%
0.72%
The Toronto-Dominion Bank
12,312,854CA$1.4b6.35%1.16%
0.7%
Jarislowsky, Fraser Limited
11,996,531CA$1.4b-1.08%4.52%
0.66%
Massachusetts Financial Services Company
11,288,918CA$1.3b-8.93%0.19%
0.63%
FMR LLC
10,861,900CA$1.2b40.7%0.05%
0.63%
Scotiabank Global Banking and Markets, Asset Management Division
10,757,525CA$1.2b-0.41%3.8%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/05 01:30
End of Day Share Price 2025/10/03 00:00
Earnings2025/07/31
Annual Earnings2024/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Toronto-Dominion Bank is covered by 29 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark RosenAccountability Research Corporation
John AikenBarclays
Brian MortonBarclays