Janney Montgomery Scott LLC Acquires 217,037 Shares of HSBC Holdings plc $HSBC

Janney Montgomery Scott LLC boosted its stake in HSBC Holdings plc (NYSE:HSBC) by 843.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 242,762 shares of the financial services provider’s stock after acquiring an additional 217,037 shares during the period. Janney Montgomery Scott LLC’s holdings in HSBC were worth $20,025,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Venturi Wealth Management LLC boosted its stake in shares of HSBC by 69.5% during the 1st quarter. Venturi Wealth Management LLC now owns 9,095 shares of the financial services provider’s stock valued at $750,000 after purchasing an additional 3,729 shares in the last quarter. Aaron Wealth Advisors LLC raised its stake in HSBC by 32.4% in the first quarter. Aaron Wealth Advisors LLC now owns 43,102 shares of the financial services provider’s stock worth $3,555,000 after buying an additional 10,538 shares in the last quarter. Hoxton Planning & Management LLC lifted its holdings in HSBC by 5.9% in the first quarter. Hoxton Planning & Management LLC now owns 3,541 shares of the financial services provider’s stock worth $292,000 after buying an additional 197 shares during the period. Kestra Private Wealth Services LLC boosted its position in HSBC by 5.0% during the 1st quarter. Kestra Private Wealth Services LLC now owns 3,005 shares of the financial services provider’s stock valued at $248,000 after acquiring an additional 144 shares in the last quarter. Finally, Ritholtz Wealth Management grew its holdings in shares of HSBC by 8.7% during the 1st quarter. Ritholtz Wealth Management now owns 174,773 shares of the financial services provider’s stock worth $14,417,000 after acquiring an additional 14,013 shares during the period. 1.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on HSBC shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of HSBC in a research note on Tuesday, June 23rd. Royal Bank Of Canada reiterated a “sector perform” rating on shares of HSBC in a report on Thursday, May 14th. Zacks Research cut 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 research report on Tuesday, April 14th. Finally, The Goldman Sachs Group began coverage on shares of HSBC in a research report on Thursday, March 26th. They set a “buy” rating for the company. Five equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold”.

HSBC Stock Performance

HSBC stock opened at $95.08 on Wednesday. HSBC Holdings plc has a twelve month low of $59.92 and a twelve month high of $96.90. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $326.75 billion, a P/E ratio of 15.59, a PEG ratio of 0.84 and a beta of 0.56. The stock’s 50 day moving average is $91.94 and its 200 day moving average is $86.80.

HSBC (NYSE:HSBC) last released its earnings results on Tuesday, March 31st. The financial services provider reported $0.44 EPS for the quarter. HSBC had a return on equity of 13.35% and a net margin of 16.06%.The business had revenue of $19.12 billion for the quarter. On average, equities research analysts predict that HSBC Holdings plc will post 8.67 earnings per share for the current fiscal year.

HSBC Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, May 15th were paid a $0.50 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a yield of 2.1%. HSBC’s payout ratio is presently 32.46%.

Trending Headlines about HSBC

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: Analysts at Erste Group Bank raised HSBC’s FY2026 earnings estimate to $8.70 per share from $8.50, which can reinforce the market’s view that the bank’s profit outlook remains solid.
• Positive Sentiment: HSBC reported that India’s crude imports are rebounding as refiners diversify sourcing beyond the Gulf, suggesting a more resilient trade and commodity-flow backdrop in a key market. India crude imports rebound
• Positive Sentiment: HSBC also said India’s battery-storage pipeline is expanding, pointing to continued energy-transition investment and stronger industrial demand trends in one of the bank’s important growth markets. Battery storage pipeline
• Positive Sentiment: Reports that Emirates NBD may be in talks to buy HSBC’s Turkey unit could be viewed favorably if it signals progress on portfolio simplification and capital recycling. Turkey unit talks
• Neutral Sentiment: HSBC executives received additional shares via a dividend reinvestment plan, a routine disclosure that is unlikely to materially change the investment case. Dividend reinvestment plan
• Neutral Sentiment: HSBC’s warnings about market “pain trades” and second-half risks, including U.S. Treasuries, AI stocks and the dollar, are broad macro commentary rather than a direct operating issue for the bank. Macro risk warning
• Negative Sentiment: HSBC’s caution that markets may be underestimating second-half risks could temper sentiment if investors interpret it as a sign of greater volatility ahead. Market risk warning

Insider Buying and Selling

In related news, insider Daniel Scott Palomaki sold 23,123 shares of the 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 sale, the insider directly owned 4,973 shares of the company’s stock, valued at approximately $90,061.03. This represents a 82.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.01% of the company’s stock.

HSBC 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.