HSBC (NYSE:HSBC – Get Free Report) was downgraded by analysts at Keefe, Bruyette & Woods from a “moderate buy” rating to a “hold” rating in a research report issued on Sunday, Zacks reports.
Several other research analysts also recently commented on HSBC. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HSBC in a research note on Monday, August 3rd. BNP Paribas Exane lowered shares of HSBC from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 4th. Wall Street Zen raised shares of HSBC from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of HSBC in a report on Tuesday, June 23rd. Finally, Citigroup cut HSBC from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold”.
Get Our Latest Stock Analysis on HSBC
HSBC Trading Down 1.2%
HSBC (NYSE:HSBC – Get Free Report) last issued its earnings results on Tuesday, August 4th. The financial services provider reported $2.25 earnings per share for the quarter, beating the consensus estimate of $2.24 by $0.01. HSBC had a return on equity of 13.80% and a net margin of 18.19%.The company had revenue of $19.04 billion during the quarter, compared to analysts’ expectations of $18.66 billion. Research analysts forecast that HSBC will post 8.56 EPS for the current fiscal year.
Institutional Trading of HSBC
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Fisher Asset Management LLC lifted its position in HSBC by 2.3% during the fourth quarter. Fisher Asset Management LLC now owns 17,800,748 shares of the financial services provider’s stock valued at $1,400,385,000 after buying an additional 402,288 shares during the period. Bank of America Corp DE grew its position in shares of HSBC by 5.5% in the 1st quarter. Bank of America Corp DE now owns 2,385,883 shares of the financial services provider’s stock worth $196,811,000 after buying an additional 124,201 shares during the period. Clearbridge Investments LLC increased its stake in shares of HSBC by 77.0% in the 4th quarter. Clearbridge Investments LLC now owns 1,443,716 shares of the financial services provider’s stock worth $113,577,000 after acquiring an additional 627,857 shares in the last quarter. Royal Bank of Canada lifted its position in HSBC by 17.3% during the 1st quarter. Royal Bank of Canada now owns 1,304,192 shares of the financial services provider’s stock valued at $107,582,000 after acquiring an additional 192,133 shares during the period. Finally, O Shaughnessy Asset Management LLC boosted its stake in HSBC by 9.7% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 590,663 shares of the financial services provider’s stock worth $46,467,000 after acquiring an additional 52,425 shares in the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.
More HSBC News
Here are the key news stories impacting HSBC this week:
- Positive Sentiment: HSBC continued its 2026 share buyback with additional purchases in the U.K. and Hong Kong. Ongoing repurchases can support earnings per share and signal management’s confidence in the bank’s capital position. HSBC Advances Share Buy-Back With Fresh UK and Hong Kong Purchases
- Positive Sentiment: The bank confirmed its second interim dividend for 2026, reinforcing HSBC’s appeal to income-focused investors and highlighting its ability to return capital. HSBC Sets Second Interim Dividend for 2026 and Details Currency Conversions
- Positive Sentiment: HSBC launched a digital trading platform in Qatar, potentially expanding fee-generating services and strengthening its presence in a strategically important Gulf market. HSBC launches digital trading platform in Qatar
- Positive Sentiment: HSBC Saudi Arabia was appointed custodian for Al Rajhi Capital’s MSCI Saudi Arabia ETF, adding to its asset-servicing business and regional client relationships. Al Rajhi Capital appoints HSBC Saudi Arabia as custodian
- Neutral Sentiment: HSBC is reportedly among the lenders involved in ByteDance’s roughly $30 billion financing. The deal could generate lending fees and deepen corporate relationships, but also increases exposure to a large, complex credit transaction. ICBC, HSBC Among Major Lenders on ByteDance Loan
- Neutral Sentiment: HSBC plans to issue £750 million of senior notes due 2035. The financing supports liquidity and balance-sheet management, though it also adds wholesale funding and interest expense. HSBC taps U.S. markets with £750m 2035 senior notes
- Negative Sentiment: HSBC is winding down its German transaction-services operations, with more than 300 positions expected to be phased out by 2028. The move may improve efficiency over time but raises restructuring costs and highlights weaker prospects for part of its European operations. HSBC Reshapes European Operations with German Exit
- Negative Sentiment: Group CFO Pam Kaur is expected to step down in 2027. Although the transition is not immediate, a senior leadership change can create uncertainty around HSBC’s financial strategy and execution. Pam Kaur to step down as HSBC Group CFO in 2027
- Negative Sentiment: A legal action involving Grupo Financiero Galicia concerns a legacy HSBC rewards program. The reported exposure appears indirect, but investors may still monitor potential litigation or reputational implications from HSBC’s former Argentine operations. Grupo Financiero Galicia Flags Class Action Over Legacy HSBC Rewards Program
About HSBC
HSBC Holdings plc is a global banking and financial services organization headquartered in London. Through its subsidiaries and network, the company provides services to personal, commercial and institutional customers, with a particular focus on connecting businesses and investors across international markets.
HSBC’s principal activities include retail and wealth banking, commercial banking, global banking and markets, and private banking. Its products and services include current and savings accounts, mortgages, credit and lending, wealth management, investment services, foreign exchange, trade finance, cash management, and capital-markets services.
The company traces its origins to The Hongkong and Shanghai Banking Corporation, which was established in 1865 to finance trade between Asia and Europe.
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