NewEdge Wealth LLC Has $5.02 Million Stake in HSBC Holdings plc $HSBC

NewEdge Wealth LLC lifted its holdings in shares of HSBC Holdings plc (NYSE:HSBC – Free Report) by 16.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 63,864 shares of the financial services provider’s stock after purchasing an additional 9,009 shares during the quarter. NewEdge Wealth LLC’s holdings in HSBC were worth $5,024,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Fisher Asset Management LLC lifted its holdings in shares of HSBC by 2.1% during the 3rd quarter. Fisher Asset Management LLC now owns 17,398,460 shares of the financial services provider’s stock worth $1,234,943,000 after acquiring an additional 355,089 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of HSBC by 1.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 10,575,644 shares of the financial services provider’s stock worth $750,659,000 after acquiring an additional 185,073 shares during the period. Northern Trust Corp lifted its holdings in shares of HSBC by 4.7% during the 3rd quarter. Northern Trust Corp now owns 3,045,134 shares of the financial services provider’s stock worth $216,144,000 after acquiring an additional 136,342 shares during the period. American Century Companies Inc. lifted its holdings in shares of HSBC by 14.7% during the 3rd quarter. American Century Companies Inc. now owns 1,311,820 shares of the financial services provider’s stock worth $93,113,000 after acquiring an additional 168,438 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in HSBC by 34.6% during the 3rd quarter. Raymond James Financial Inc. now owns 455,088 shares of the financial services provider’s stock valued at $32,302,000 after purchasing an additional 117,038 shares during the last quarter. 1.48% of the stock is owned by institutional investors.

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Insider Buying and Selling at HSBC

In other HSBC news, insider Daniel Scott Palomaki sold 23,123 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $18.11, for a total value of $418,757.53. Following the completion of the transaction, the insider directly owned 4,973 shares of the company’s stock, valued at approximately $90,061.03. The trade was a 82.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.01% of the company’s stock.

Analyst Ratings Changes

HSBC has been the subject of several analyst reports. The Goldman Sachs Group initiated coverage on shares of HSBC in a report on Thursday, March 26th. They set a “buy” rating for the company. Weiss Ratings downgraded shares of HSBC from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Zacks Research downgraded shares of HSBC from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. BNP Paribas Exane downgraded shares of HSBC from an “outperform” rating to a “neutral” rating in a report on Tuesday, April 14th. Finally, Morgan Stanley initiated coverage on shares of HSBC in a report on Wednesday, January 14th. They set an “equal weight” rating for the company. Five analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, HSBC currently has a consensus rating of “Moderate Buy” and a consensus target price of $63.00.

Check Out Our Latest Stock Report on HSBC

HSBC Trading Up 0.4%

Shares of NYSE HSBC opened at $90.49 on Tuesday. HSBC Holdings plc has a 1-year low of $57.85 and a 1-year high of $94.79. The company has a market cap of $310.99 billion, a PE ratio of 14.83, a P/E/G ratio of 0.91 and a beta of 0.56. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average of $86.28 and a two-hundred day moving average of $81.18.

HSBC (NYSE:HSBC – Get Free Report) last announced its earnings results on Tuesday, March 31st. The financial services provider reported $0.44 earnings per share for the quarter. HSBC had a net margin of 16.06% and a return on equity of 13.35%. The company had revenue of $19.13 billion during the quarter. As a group, equities analysts expect that HSBC Holdings plc will post 8.51 earnings per share for the current fiscal year.

HSBC Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, May 15th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.2%. HSBC’s payout ratio is currently 147.21%.

Key Headlines Impacting HSBC

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC raised its 2026 S&P 500 target to 7,650 and said there is a path above 8,000, citing strong earnings momentum, resilient tech stocks, and AI-driven optimism. That bullish market outlook can support sentiment toward HSBC’s research franchise and broader capital-markets outlook. Article Title
• Positive Sentiment: HSBC also published upbeat views on select markets and companies, including a constructive note on PhysicsWallah and an integrated health and wellness launch in Singapore, which reinforce its active product and research pipeline. Article Title
• Neutral Sentiment: HSBC announced plans to issue US$1.5 billion of perpetual contingent convertible securities, which should strengthen capital resources but may also add dilution or financing-cost concerns for investors. Article Title
• Neutral Sentiment: The company also set out board line-up and committee roles under Hong Kong rules, a governance update that is unlikely to move the shares on its own. Article Title
• Negative Sentiment: HSBC is also reviewing a $400 million fraud-related provision, which raises the risk of an earnings hit if the issue is material. Article Title
• Negative Sentiment: Separately, an insider sale by Daniel Scott Palomaki may be viewed cautiously by investors, though the transaction size appears modest relative to HSBC’s market value. Article Title

About HSBC

(Free Report)

HSBC Holdings plc (NYSE: HSBC) is a multinational banking and financial services organization headquartered in London. It traces its origins to the Hongkong and Shanghai Banking Corporation, founded in 1865 to facilitate trade between Europe and Asia, and has since grown into one of the world’s largest banking groups. The company is publicly listed in multiple markets, including the London Stock Exchange, the Hong Kong Stock Exchange and as an American depositary receipt on the New York Stock Exchange.

HSBC operates a universal banking model, serving retail, commercial, corporate and institutional clients.

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