Royal Bank of Canada Acquires 9,451,992 Shares of HDFC Bank Limited $HDB

Posted by Francis Steltz on Jun 17th, 2026

Royal Bank of Canada increased its holdings in HDFC Bank Limited (NYSE:HDB – Free Report) by 31.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 39,897,767 shares of the bank’s stock after purchasing an additional 9,451,992 shares during the period. Royal Bank of Canada’s holdings in HDFC Bank were worth $1,457,865,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Militia Capital Partners LP boosted its stake in HDFC Bank by 115.4% during the fourth quarter. Militia Capital Partners LP now owns 30,244 shares of the bank’s stock worth $1,105,000 after buying an additional 16,200 shares during the period. Vanguard Personalized Indexing Management LLC boosted its stake in HDFC Bank by 19.8% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 187,064 shares of the bank’s stock worth $6,835,000 after buying an additional 30,876 shares during the period. MML Investors Services LLC boosted its stake in HDFC Bank by 4.1% during the fourth quarter. MML Investors Services LLC now owns 95,029 shares of the bank’s stock worth $3,472,000 after buying an additional 3,783 shares during the period. Mariner LLC boosted its stake in HDFC Bank by 6.8% during the fourth quarter. Mariner LLC now owns 148,473 shares of the bank’s stock worth $5,423,000 after buying an additional 9,416 shares during the period. Finally, Arax Advisory Partners boosted its stake in HDFC Bank by 589.6% during the fourth quarter. Arax Advisory Partners now owns 12,233 shares of the bank’s stock worth $447,000 after buying an additional 10,459 shares during the period. Institutional investors own 17.61% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of HDFC Bank in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce”.

Get Our Latest Report on HDFC Bank

Insider Buying and Selling at HDFC Bank

In other news, insider Ashish Parthasarthy sold 6,000 shares of the business’s stock in a transaction on Tuesday, April 21st. The shares were sold at an average price of $8.94, for a total transaction of $53,640.00. Following the completion of the sale, the insider directly owned 848,558 shares of the company’s stock, valued at approximately $7,586,108.52. The trade was a 0.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider N Srinivasan sold 10,000 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $8.72, for a total transaction of $87,200.00. Following the sale, the insider directly owned 638,422 shares of the company’s stock, valued at $5,567,039.84. This represents a 1.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 31,600 shares of company stock valued at $271,660 over the last ninety days. 1.00% of the stock is owned by insiders.

HDFC Bank Stock Up 2.2%

NYSE HDB opened at $25.29 on Wednesday. The company has a fifty day moving average of $25.00 and a two-hundred day moving average of $29.72. The firm has a market capitalization of $129.00 billion, a price-to-earnings ratio of 15.14, a PEG ratio of 1.15 and a beta of 0.65. HDFC Bank Limited has a 52 week low of $22.91 and a 52 week high of $39.81.

About HDFC Bank

(Free Report)

HDFC Bank Limited is one of India’s leading private sector banks, headquartered in Mumbai. Incorporated in 1994 and promoted by Housing Development Finance Corporation (HDFC), the bank provides a full range of banking and financial services to retail, small and medium-sized enterprises, and corporate customers. It is publicly listed and also accessible to international investors through American Depositary Receipts (ADRs) trading on the New York Stock Exchange under the symbol HDB.

The bank’s core activities include retail banking (deposit accounts, personal loans, home loans, auto loans, and credit cards), commercial and corporate banking (working capital finance, term lending, trade finance and treasury services), and transaction banking (cash management and payment solutions).