The Toronto-Dominion Bank

TSX:TD Stock Report

Market Cap: CA$198.9b

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
06 Oct 25BuyCA$112,640Nathalie PalladitcheffIndividual1,000CA$112.64
06 Oct 25BuyCA$4,915,935John MacIntyreIndividual43,500CA$113.01
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 bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of TD?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders568,0180.0331%
State or Government995,6130.0581%
Private Companies22,723,5221.33%
General Public773,692,79045.1%
Institutions916,286,97253.5%

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

Top Shareholders

Top 25 shareholders own 39.44% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
4.46%
The Vanguard Group, Inc.
76,487,581CA$8.9b-0.91%0.08%
4.07%
BMO Asset Management Corp.
69,779,710CA$8.1b-18.1%1.95%
3%
RBC Global Asset Management Inc.
51,382,520CA$6.0b-0.26%2.14%
2.67%
Royal Bank of Canada
45,805,542CA$5.3b-0.16%1.61%
2.49%
RBC Dominion Securities Inc.
42,651,973CA$4.9b-2.24%2.51%
2.32%
Canadian Imperial Bank of Commerce
39,830,848CA$4.6b-9.21%6.51%
2.19%
TD Asset Management, Inc.
37,612,007CA$4.4b0.66%1.99%
2.11%
Fidelity International Ltd
36,178,613CA$4.2b-14%1.09%
1.75%
National Bank Investments Inc.
29,926,767CA$3.5b-1.84%2.65%
1.49%
Mackenzie Financial Corporation
25,577,746CA$3.0b-8.1%2.0%
1.3%
Canerector Inc.
22,256,000CA$2.6b11,000%no data
1.29%
1832 Asset Management L.P.
22,092,024CA$2.6b-2.03%2.3%
1.22%
Norges Bank Investment Management
20,973,483CA$2.4b0%0.12%
1.06%
The Bank of Nova Scotia
18,230,410CA$2.1b-15.2%2.39%
0.92%
Geode Capital Management, LLC
15,778,949CA$1.8b11.5%0.07%
0.91%
CIBC Asset Management Inc.
15,587,074CA$1.8b-5.14%2.01%
0.9%
Manulife Asset Management
15,385,774CA$1.8b11.4%0.87%
0.74%
Beutel Goodman & Company Ltd.
12,733,758CA$1.5b-13.6%5.43%
0.7%
Massachusetts Financial Services Company
12,081,305CA$1.4b7.02%0.22%
0.68%
Jarislowsky, Fraser Limited
11,728,785CA$1.4b-2.23%4.8%
0.67%
The Toronto-Dominion Bank
11,455,140CA$1.3b-6.97%1.11%
0.63%
FMR LLC
10,867,730CA$1.3b0.05%0.05%
0.63%
Canada Pension Plan Investment Board
10,780,343CA$1.3b-13.6%0.43%
0.63%
Scotiabank Global Banking and Markets, Asset Management Division
10,746,880CA$1.2b-0.1%3.74%
0.59%
Connor, Clark & Lunn Investment Management Ltd.
10,113,286CA$1.2b3.23%2.52%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/26 06:30
End of Day Share Price 2025/11/26 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 24 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