NewEdge Advisors LLC Trims Stock Holdings in HDFC Bank Limited $HDB

NewEdge Advisors LLC lowered its holdings in HDFC Bank Limited (NYSE:HDB) by 64.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,253 shares of the bank’s stock after selling 43,182 shares during the period. NewEdge Advisors LLC’s holdings in HDFC Bank were worth $603,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Larson Financial Group LLC grew its stake in HDFC Bank by 90.4% in the 3rd quarter. Larson Financial Group LLC now owns 849 shares of the bank’s stock valued at $29,000 after buying an additional 403 shares in the last quarter. Axiom Investment Management LLC purchased a new stake in shares of HDFC Bank during the first quarter worth $32,000. Bell Investment Advisors Inc lifted its position in shares of HDFC Bank by 260.9% during the first quarter. Bell Investment Advisors Inc now owns 1,386 shares of the bank’s stock worth $34,000 after acquiring an additional 1,002 shares in the last quarter. Pin Oak Investment Advisors Inc. boosted its holdings in shares of HDFC Bank by 100.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 996 shares of the bank’s stock worth $34,000 after acquiring an additional 498 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of HDFC Bank in the third quarter worth $43,000. 17.61% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on HDB shares. Zacks Research upgraded HDFC Bank from a “strong sell” rating to a “hold” rating in a research note on Friday, July 17th. Weiss Ratings upgraded HDFC Bank from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, July 20th. Finally, Wall Street Zen lowered HDFC Bank from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

HDFC Bank Trading Up 0.9%

HDB opened at $23.37 on Friday. The stock has a market capitalization of $119.91 billion, a P/E ratio of 13.75, a PEG ratio of 1.09 and a beta of 0.65. The stock has a 50-day moving average price of $24.68 and a 200-day moving average price of $26.43. HDFC Bank Limited has a 12-month low of $22.66 and a 12-month high of $37.85.

HDFC Bank (NYSE:HDB) last announced its quarterly earnings data on Saturday, July 18th. The bank reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.02. The company had revenue of $9.01 billion for the quarter, compared to analysts’ expectations of $5 billion. HDFC Bank had a return on equity of 11.84% and a net margin of 15.96%. On average, equities research analysts predict that HDFC Bank Limited will post 1.67 EPS for the current year.

More HDFC Bank News

Here are the key news stories impacting HDFC Bank this week:

• Positive Sentiment: HDFC Bank raised $1.75 billion through a senior bond issuance by its GIFT City branch. The transaction strengthens the bank’s funding base and provides additional resources for lending and balance-sheet management. HDFC Bank Raises US$1.75 Billion via GIFT City Bond Issuance
• Positive Sentiment: The Reserve Bank of India approved Life Insurance Corporation of India’s request to increase its stake in HDFC Bank to nearly 10%. The approval could provide a measure of institutional support and create a stable long-term shareholder base. RBI Clears LIC to Raise Stake in HDFC Bank to Nearly 10%
• Positive Sentiment: HDFC Bank’s top-tier certificate-of-deposit ratings were reaffirmed as the bank increased the size of its program, supporting confidence in its credit quality and access to wholesale funding. HDFC Bank’s Top-Tier CD Ratings Reaffirmed as Programme Size Rises
• Negative Sentiment: Multiple law firms continued promoting a pending securities class action covering investors who bought HDFC Bank securities from July 17, 2023, through May 26, 2026. The allegations claim approximately ₹45 crore in deposit inducements were routed through the marketing budget, potentially misstating net interest income and operating expenses. The case names senior executives, including the CEO and CFO, and cites a cumulative $3.11 per ADS decline across two disclosure events. Lead-plaintiff deadlines are October 12–13, 2026. HDFC Bank Class Action Lawsuit Allegations

HDFC Bank Company Profile

HDFC Bank Limited is one of India’s leading private sector banks, headquartered in Mumbai. Incorporated in 1994 and promoted by Housing Development Finance Corporation (HDFC), the bank provides a full range of banking and financial services to retail, small and medium-sized enterprises, and corporate customers. It is publicly listed and also accessible to international investors through American Depositary Receipts (ADRs) trading on the New York Stock Exchange under the symbol HDB.

The bank’s core activities include retail banking (deposit accounts, personal loans, home loans, auto loans, and credit cards), commercial and corporate banking (working capital finance, term lending, trade finance and treasury services), and transaction banking (cash management and payment solutions).