
HSBC Holdings plc (NYSE:HSBC – Free Report) – Research analysts at Erste Group Bank decreased their FY2026 earnings per share estimates for HSBC in a research report issued on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now anticipates that the financial services provider will earn $8.50 per share for the year, down from their prior estimate of $8.70. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for HSBC’s current full-year earnings is $8.62 per share.
HSBC (NYSE:HSBC – Get Free Report) last announced its quarterly earnings data on Tuesday, March 31st. The financial services provider reported $0.44 earnings per share (EPS) for the quarter. The business had revenue of $19.12 billion for the quarter. HSBC had a return on equity of 13.35% and a net margin of 16.06%.
Read Our Latest Stock Report on HSBC
HSBC Trading Up 2.1%
HSBC opened at $101.08 on Monday. The business has a fifty day moving average price of $94.46 and a 200 day moving average price of $89.00. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.92 and a quick ratio of 0.92. HSBC has a 12 month low of $60.61 and a 12 month high of $101.65. The stock has a market capitalization of $347.40 billion, a price-to-earnings ratio of 16.57, a PEG ratio of 0.88 and a beta of 0.57.
Institutional Trading of HSBC
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cornerstone Planning Group LLC increased its position 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 in the last quarter. Westover Capital Advisors LLC lifted its holdings in HSBC by 1.3% in the 1st quarter. Westover Capital Advisors LLC now owns 9,313 shares of the financial services provider’s stock valued at $768,000 after purchasing an additional 120 shares in the last quarter. Lester Murray Antman dba SimplyRich lifted its holdings in 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 purchasing an additional 123 shares in the last quarter. Ellevest Inc. boosted its stake in shares of HSBC by 0.7% during the 4th quarter. Ellevest Inc. now owns 18,219 shares of the financial services provider’s stock worth $1,433,000 after purchasing an additional 131 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec grew its holdings in shares of HSBC by 5.3% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 2,658 shares of the financial services provider’s stock worth $209,000 after buying an additional 133 shares in the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.
Insider Buying and Selling at HSBC
In other news, insider Daniel Scott Palomaki sold 23,123 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $18.11, for a total transaction of $418,757.53. Following the sale, the insider owned 4,973 shares of the company’s stock, valued at approximately $90,061.03. This trade represents a 82.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.01% of the company’s stock.
HSBC Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, May 15th were issued a $0.50 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.0%. HSBC’s dividend payout ratio is presently 32.46%.
About HSBC
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.
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