7,296 Shares in HSBC Holdings plc $HSBC Purchased by SmartHarvest Portfolios LLC

SmartHarvest Portfolios LLC purchased a new stake in HSBC Holdings plc (NYSE:HSBC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,296 shares of the financial services provider’s stock, valued at approximately $574,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of HSBC. Wedbush Securities Inc. raised its holdings in HSBC by 101.3% in the third quarter. Wedbush Securities Inc. now owns 26,822 shares of the financial services provider’s stock valued at $1,904,000 after acquiring an additional 13,495 shares in the last quarter. Foresight Global Investors Inc. acquired a new position in HSBC during the 3rd quarter worth $12,810,000. American Century Companies Inc. increased its position in shares of HSBC by 14.7% in 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 purchasing an additional 168,438 shares during the last quarter. AMJ Financial Wealth Management raised its stake in shares of HSBC by 91.0% in the 3rd quarter. AMJ Financial Wealth Management now owns 118,837 shares of the financial services provider’s stock valued at $8,435,000 after purchasing an additional 56,624 shares in the last quarter. Finally, Assetmark Inc. lifted its position in shares of HSBC by 85.2% during the third quarter. Assetmark Inc. now owns 27,175 shares of the financial services provider’s stock worth $1,929,000 after purchasing an additional 12,501 shares during the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting HSBC

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: Erste Group raised its earnings estimates for HSBC, lifting FY2026 EPS to $8.50 from $8.35 and FY2027 EPS to $9.30 from $9.15, reinforcing expectations that profitability can hold up better than previously thought.
• Positive Sentiment: HSBC and Mastercard completed an AI-agent pilot in Singapore for automated B2B/e-commerce payments, highlighting progress in digital payments and potential efficiency gains. HSBC, Mastercard complete AI-agent B2B payments pilot in Singapore
• Positive Sentiment: HSBC reiterated a constructive view on markets in a message about being bullish on stocks for 2026, which may support sentiment if investors believe the bank can benefit from a stronger trading and capital-markets environment. HSBC doubles down on stock market message for 2026
• Neutral Sentiment: HSBC Continental Europe issued a pre-stabilisation notice tied to Sirius Real Estate’s securities offering, a routine capital-markets announcement with limited direct impact on HSBC’s earnings outlook. HSBC Continental Europe: Pre Stabilisation Notice
• Neutral Sentiment: HSBC announced it will redeem £1 billion of fixed-to-floating senior notes ahead of maturity, which is largely a balance-sheet and funding-management move rather than a clear earnings driver. HSBC to Redeem £1bn Fixed-to-Floating Senior Notes Ahead of 2027 Maturity
• Negative Sentiment: One article noted HSBC languishing in a trust ranking, which could weigh on sentiment, but it appears more reputational than financially material in the near term. Nationwide tops trust ranking, while HSBC languishes

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. The Goldman Sachs Group began coverage on HSBC in a report on Thursday, March 26th. They issued a “buy” rating for the company. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of HSBC in a report on Thursday, May 14th. Zacks Research downgraded HSBC from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. BNP Paribas Exane cut HSBC from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 14th. Finally, Weiss Ratings downgraded shares of HSBC from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold”.

HSBC Stock Performance

Shares of HSBC stock opened at $90.81 on Friday. The company has a market cap of $312.09 billion, a P/E ratio of 14.89, a PEG ratio of 0.77 and a beta of 0.56. The business has a 50 day moving average of $90.35 and a two-hundred day moving average of $84.65. HSBC Holdings plc has a 52 week low of $58.14 and a 52 week high of $95.61. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.52.

HSBC (NYSE:HSBC) last announced its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $0.44 earnings per share for the quarter. HSBC had a return on equity of 13.35% and a net margin of 16.06%.The business had revenue of $19.13 billion for the quarter. As a group, analysts anticipate that HSBC Holdings plc will post 8.6 EPS for the current year.

HSBC Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, May 15th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.2%. HSBC’s payout ratio is 32.46%.

Insider Activity at HSBC

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

HSBC Company Profile

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.