Vise Technologies Inc. grew its stake in HSBC Holdings plc (NYSE:HSBC – Free Report) by 17.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 75,509 shares of the financial services provider’s stock after purchasing an additional 10,958 shares during the quarter. Vise Technologies Inc.’s holdings in HSBC were worth $7,499,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Summit Global Investments increased its holdings in HSBC by 4.2% in the third quarter. Summit Global Investments now owns 7,629 shares of the financial services provider’s stock valued at $758,000 after purchasing an additional 306 shares during the last quarter. MGO One Seven LLC boosted its holdings in HSBC by 1.8% during the third quarter. MGO One Seven LLC now owns 32,373 shares of the financial services provider’s stock worth $3,215,000 after buying an additional 568 shares during the last quarter. Americana Partners LLC boosted its holdings in HSBC by 0.5% during the third quarter. Americana Partners LLC now owns 75,677 shares of the financial services provider’s stock worth $7,515,000 after buying an additional 368 shares during the last quarter. Aprio Wealth Management LLC grew its position in shares of HSBC by 1.6% during the 3rd quarter. Aprio Wealth Management LLC now owns 22,228 shares of the financial services provider’s stock worth $2,207,000 after buying an additional 358 shares during the period. Finally, Partners Wealth Management LLC grew its position in shares of HSBC by 28.6% during the 3rd quarter. Partners Wealth Management LLC now owns 4,050 shares of the financial services provider’s stock worth $402,000 after buying an additional 900 shares during the period. 1.48% of the stock is currently owned by institutional investors.
HSBC Stock Performance
Shares of HSBC stock opened at $85.92 on Tuesday. The company has a market capitalization of $294.58 billion, a PE ratio of 11.16, a PEG ratio of 0.94 and a beta of 0.58. HSBC Holdings plc has a 12 month low of $67.56 and a 12 month high of $107.92. The company has a current ratio of 0.89, a quick ratio of 0.92 and a debt-to-equity ratio of 0.53. The stock’s fifty day simple moving average is $98.10 and its 200 day simple moving average is $93.35.
HSBC (NYSE:HSBC – Get Free Report) last posted its earnings results on Tuesday, October 27th. The financial services provider reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.20 by ($0.10). HSBC had a return on equity of 14.33% and a net margin of 19.59%. The business had revenue of $18.68 billion for the quarter, compared to the consensus estimate of $18.98 billion. On average, research analysts predict that HSBC Holdings plc will post 8.48 EPS for the current year.
HSBC Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Friday, November 6th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, November 6th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.3%. HSBC’s dividend payout ratio (DPR) is currently 25.71%.
Key Stories Impacting HSBC
Here are the key news stories impacting HSBC this week:
- Positive Sentiment: Continuing share buyback supports the stock. HSBC repurchased additional shares under its ongoing buyback program, including a reported 769,600 shares in a recent transaction. Repurchases reduce the share count and can improve per-share earnings while signaling management confidence. HSBC Repurchases Shares in Continuing Buyback Programme
- Positive Sentiment: Director share purchase adds a confidence signal. Director Alison Platt reportedly bought nearly £160,000 of HSBC shares, which may reassure investors that company insiders see value in the stock following its recent weakness. HSBC Director Alison Platt Purchases Nearly £160,000 in Shares
- Positive Sentiment: Digital-asset adoption is gaining traction. HSBC’s Hong Kong dollar RedCoin stablecoin reportedly attracted 50,000 users shortly after launch. The bank also completed a tokenized-deposit transfer and is participating in Hong Kong’s move toward 24/7 tokenized settlement, supporting its position in institutional digital finance.
- Positive Sentiment: AI investment could improve long-term efficiency. HSBC plans to establish a Hong Kong AI research institute with a university partner in early 2027, following its Singapore initiative. The project may support automation, risk management and new banking products, although financial benefits are likely to take time. HSBC to Launch Hong Kong AI Institute in 2027 with University Partner
- Neutral Sentiment: Other updates—including a Malaysian ringgit forecast, a Bangladesh apparel roadshow and UK customer-account incentives—highlight HSBC’s regional reach but are unlikely to materially change near-term earnings expectations.
- Negative Sentiment: Recent earnings remain a fundamental overhang. HSBC’s latest quarterly EPS and revenue came in below analyst expectations. Until earnings growth improves, buybacks and strategic initiatives may provide only partial support for the share price.
Analyst Ratings Changes
HSBC has been the subject of a number of recent analyst reports. Weiss Ratings raised HSBC from a “hold (c)” rating to a “buy (b-)” rating in a research note on Wednesday, October 28th. Shore Capital Group lowered shares of HSBC to a “sell” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada restated a “sector perform” rating on shares of HSBC in a report on Monday, August 17th. Wall Street Zen raised shares of HSBC from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “neutral” rating on shares of HSBC in a research note on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $97.00.
Read Our Latest Stock Analysis on HSBC
HSBC Profile
HSBC Holdings plc is a global banking and financial services company headquartered in London. Its principal subsidiary, The Hongkong and Shanghai Banking Corporation, was established in 1865 to facilitate trade between Europe and Asia. HSBC’s shares trade on the New York Stock Exchange in the form of American depositary receipts under the symbol HSBC.
The company provides personal and wealth banking, commercial banking, corporate and institutional banking, investment banking, global markets, and asset management services.
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