Hsbc Holdings PLC Purchases Shares of 27,973 Bassett Furniture Industries, Incorporated $BSET

Posted by Stanley Muller on Jul 17th, 2026

Hsbc Holdings PLC acquired a new position in shares of Bassett Furniture Industries, Incorporated (NASDAQ:BSET – Free Report) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 27,973 shares of the company’s stock, valued at approximately $465,000.

Other large investors have also made changes to their positions in the company. Geode Capital Management LLC grew its position in Bassett Furniture Industries by 114.3% during the second quarter. Geode Capital Management LLC now owns 190,182 shares of the company’s stock worth $2,892,000 after buying an additional 101,448 shares in the last quarter. Kestra Private Wealth Services LLC acquired a new stake in shares of Bassett Furniture Industries during the 3rd quarter worth approximately $597,000. Squarepoint Ops LLC acquired a new stake in shares of Bassett Furniture Industries during the 3rd quarter worth approximately $414,000. Aegis Financial Corp increased its position in shares of Bassett Furniture Industries by 5.3% during the fourth quarter. Aegis Financial Corp now owns 501,119 shares of the company’s stock valued at $8,399,000 after purchasing an additional 25,000 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in shares of Bassett Furniture Industries by 97.4% during the first quarter. Goldman Sachs Group Inc. now owns 24,840 shares of the company’s stock valued at $379,000 after purchasing an additional 12,258 shares during the period. Institutional investors and hedge funds own 54.40% of the company’s stock.

Bassett Furniture Industries Price Performance

NASDAQ BSET opened at $21.78 on Friday. The stock’s 50 day simple moving average is $16.42 and its 200 day simple moving average is $15.61. Bassett Furniture Industries, Incorporated has a one year low of $13.17 and a one year high of $22.26. The firm has a market cap of $188.61 million, a PE ratio of 34.03, a price-to-earnings-growth ratio of 1.52 and a beta of 0.76.

Bassett Furniture Industries (NASDAQ:BSET – Get Free Report) last issued its quarterly earnings data on Wednesday, July 1st. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.04. The firm had revenue of $83.75 million during the quarter, compared to the consensus estimate of $83.32 million. Bassett Furniture Industries had a return on equity of 3.56% and a net margin of 1.65%.During the same quarter in the previous year, the company posted $0.22 EPS. As a group, equities analysts expect that Bassett Furniture Industries, Incorporated will post 0.89 earnings per share for the current year.

Bassett Furniture Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a $0.20 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.7%. Bassett Furniture Industries’s dividend payout ratio (DPR) is 125.00%.

Analyst Ratings Changes

Several brokerages recently commented on BSET. Zacks Research raised Bassett Furniture Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. Wall Street Zen raised shares of Bassett Furniture Industries from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Finally, Weiss Ratings upgraded shares of Bassett Furniture Industries from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

View Our Latest Analysis on Bassett Furniture Industries

Bassett Furniture Industries Company Profile

(Free Report)

Bassett Furniture Industries, Inc (NASDAQ: BSET), headquartered in Bassett, Virginia, is a vertically integrated manufacturer and retailer of residential home furnishings. The company designs, produces and markets a range of furniture items, including upholstered seating, wood case goods, bedroom collections, dining room sets and home décor accessories. Bassett is known for its emphasis on craftsmanship, offering both ready-to-assemble pieces and made-to-order products that cater to varying design preferences and space requirements.

Bassett’s products are sold through a dual-channel distribution network comprising company-owned Bassett Home Furnishings stores, a franchise and independent dealer network, and an e-commerce platform that provides online shopping, virtual design consultations and customization tools.