HSBC Holdings plc $HSBC Shares Acquired by ABC Arbitrage SA

ABC Arbitrage SA lifted its stake in shares of HSBC Holdings plc (NYSE:HSBC) by 47.6% during the fourth quarter, Holdings Channel reports. The fund owned 360,332 shares of the financial services provider’s stock after acquiring an additional 116,163 shares during the period. HSBC comprises 2.6% of ABC Arbitrage SA’s investment portfolio, making the stock its 9th largest position. ABC Arbitrage SA’s holdings in HSBC were worth $28,347,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HSBC. Cornerstone Planning Group LLC increased its holdings in HSBC by 30.7% during the 4th quarter. Cornerstone Planning Group LLC now owns 498 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 117 shares during the period. Lester Murray Antman dba SimplyRich boosted its stake in shares of HSBC by 1.0% in the 4th quarter. Lester Murray Antman dba SimplyRich now owns 12,445 shares of the financial services provider’s stock valued at $979,000 after buying an additional 123 shares during the period. Checchi Capital Advisers LLC grew its position in shares of HSBC by 0.5% during the fourth quarter. Checchi Capital Advisers LLC now owns 26,554 shares of the financial services provider’s stock worth $2,089,000 after buying an additional 144 shares in the last quarter. Net Worth Advisory Group increased its stake in shares of HSBC by 2.3% during the fourth quarter. Net Worth Advisory Group now owns 6,466 shares of the financial services provider’s stock worth $509,000 after buying an additional 146 shares during the period. Finally, Bridgewater Advisors Inc. increased its stake in shares of HSBC by 1.9% during the third quarter. Bridgewater Advisors Inc. now owns 8,186 shares of the financial services provider’s stock worth $589,000 after buying an additional 153 shares during the period. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

HSBC Price Performance

Shares of NYSE:HSBC opened at $90.49 on Tuesday. HSBC Holdings plc has a 12 month low of $57.85 and a 12 month high of $94.79. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market capitalization of $310.99 billion, a P/E ratio of 14.83, a P/E/G ratio of 0.91 and a beta of 0.56. The company’s fifty day moving average price is $86.28 and its 200 day moving average price is $81.18.

HSBC (NYSE:HSBC) last released its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $0.44 earnings per share (EPS) for the quarter. The firm had revenue of $19.13 billion for the quarter. HSBC had a return on equity of 13.35% and a net margin of 16.06%. As a group, sell-side analysts predict that HSBC Holdings plc will post 8.51 earnings per share for the current fiscal year.

HSBC Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, May 15th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, May 15th. HSBC’s dividend payout ratio (DPR) is presently 147.21%.

Key Headlines Impacting HSBC

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC raised its 2026 S&P 500 target to 7,650 and said there is a path above 8,000, citing strong earnings momentum, resilient tech stocks, and AI-driven optimism. That bullish market outlook can support sentiment toward HSBC’s research franchise and broader capital-markets outlook. Article Title
• Positive Sentiment: HSBC also published upbeat views on select markets and companies, including a constructive note on PhysicsWallah and an integrated health and wellness launch in Singapore, which reinforce its active product and research pipeline. Article Title
• Neutral Sentiment: HSBC announced plans to issue US$1.5 billion of perpetual contingent convertible securities, which should strengthen capital resources but may also add dilution or financing-cost concerns for investors. Article Title
• Neutral Sentiment: The company also set out board line-up and committee roles under Hong Kong rules, a governance update that is unlikely to move the shares on its own. Article Title
• Negative Sentiment: HSBC is also reviewing a $400 million fraud-related provision, which raises the risk of an earnings hit if the issue is material. Article Title
• Negative Sentiment: Separately, an insider sale by Daniel Scott Palomaki may be viewed cautiously by investors, though the transaction size appears modest relative to HSBC’s market value. Article Title

Insider Buying and Selling

In other HSBC news, insider Daniel Scott Palomaki sold 23,123 shares of HSBC stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $18.11, for a total value of $418,757.53. Following the transaction, the insider directly owned 4,973 shares in the company, valued at approximately $90,061.03. The trade was a 82.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on HSBC shares. Weiss Ratings downgraded shares of HSBC from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Zacks Research lowered shares of HSBC from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 5th. The Goldman Sachs Group initiated coverage on shares of HSBC in a research report on Thursday, March 26th. They set a “buy” rating for the company. BNP Paribas Exane cut HSBC from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 14th. Finally, Morgan Stanley began coverage on HSBC in a report on Wednesday, January 14th. They set an “equal weight” rating for the company. Five equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, HSBC presently has an average rating of “Moderate Buy” and an average target price of $63.00.

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.