TD Waterhouse Canada Inc. Boosts Stock Position in HSBC Holdings plc $HSBC

TD Waterhouse Canada Inc. grew its stake in HSBC Holdings plc (NYSE:HSBC) by 46.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 82,898 shares of the financial services provider’s stock after acquiring an additional 26,439 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in HSBC were worth $5,915,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the company. Focus Partners Advisor Solutions LLC increased its holdings in shares of HSBC by 4.4% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 4,022 shares of the financial services provider’s stock worth $244,000 after buying an additional 168 shares during the last quarter. Moors & Cabot Inc. raised its position in HSBC by 2.7% in the second quarter. Moors & Cabot Inc. now owns 7,152 shares of the financial services provider’s stock valued at $435,000 after purchasing an additional 189 shares during the period. Lido Advisors LLC grew its holdings in shares of HSBC by 3.1% during the 2nd quarter. Lido Advisors LLC now owns 6,267 shares of the financial services provider’s stock worth $381,000 after purchasing an additional 189 shares during the period. Contravisory Investment Management Inc. increased its position in shares of HSBC by 4.3% during the 3rd quarter. Contravisory Investment Management Inc. now owns 5,184 shares of the financial services provider’s stock worth $368,000 after purchasing an additional 212 shares during the last quarter. Finally, Private Trust Co. NA lifted its position in HSBC by 29.5% in the third quarter. Private Trust Co. NA now owns 988 shares of the financial services provider’s stock valued at $70,000 after buying an additional 225 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Bank of America raised HSBC from a “neutral” rating to a “buy” rating in a research report on Wednesday, December 10th. Keefe, Bruyette & Woods upgraded shares of HSBC from a “hold” rating to a “moderate buy” rating in a report on Wednesday, December 17th. Morgan Stanley started coverage on shares of HSBC in a research note on Wednesday, January 14th. They issued an “equal weight” rating for the company. Erste Group Bank raised HSBC from a “hold” rating to a “buy” rating in a research note on Thursday, November 20th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of HSBC in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $63.00.

HSBC News Summary

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC named tokenisation agent and gold custodian for a new Hang Seng gold ETF in Hong Kong, positioning the bank to earn custody and tokenisation fees as Hong Kong bridges traditional finance and blockchain-based products. Hang Seng Launches Ethereum-Based Tokenized Gold ETF in Hong Kong Market
• Positive Sentiment: Hang Seng/ Cointelegraph coverage: confirms HSBC’s role as gold custodian for the physically backed ETF (additional coverage of tokenised units option) — reinforces recurring custody revenue and broadened product exposure. Hang Seng launches physical gold ETF with tokenization option
• Positive Sentiment: Analysts maintain a constructive view: consensus “Moderate Buy” ratings reinforce buy-side support and may underpin investor confidence in HSBC’s outlook. HSBC Holdings plc (NYSE:HSBC) Given Consensus Recommendation of “Moderate Buy” by Analysts
• Positive Sentiment: HSBC will convert a Raffles Place retail branch into a wealth centre — a strategic shift toward higher?margin wealth management services and fewer low-value retail outlets. HSBC to Shut Raffles Place Retail Branch, Pivoting to Wealth Center
• Neutral Sentiment: Corporate housekeeping: HSBC confirmed total voting rights at just over 17.1 billion shares as of 29 Jan 2026 — a standard disclosure that clarifies share count and float but is not a major catalyst by itself. HSBC Confirms Total Voting Rights at Over 17.1 Billion Shares
• Neutral Sentiment: Justin Allen Holdings disclosed allocating treasury into HSBC wealth products — a small institutional client item that signals product demand but is not material to HSBC’s financials. Justin Allen Discloses HSBC and SCB Wealth Product Subscriptions as Treasury Deployment
• Neutral Sentiment: HSBC research/action items: the bank upgraded Grab (GRAB) and urged an “aggressively risk?on” stance with picks like Amazon — reflects HSBC’s macro/sector views but doesn’t directly change HSBC’s own earnings. HSBC Upgrades Rating on Grab Holdings (GRAB) to Buy HSBC Says Investors Should Stay ‘Aggressively’ Risk-On
• Neutral Sentiment: Marketing/consumer products coverage (credit card review, marketing strategy pieces) — useful for brand perception but unlikely to move near?term stock moves materially. HSBC +Rewards Mastercard Review What 2026 marketing looks like for General Mills, HSBC and Red Bull Racing
• Negative Sentiment: FT coverage: HSBC admits it missed out on Hong Kong’s recent listings boom and is now targeting future IPOs — signals a lost near?term revenue opportunity and highlights potential execution/market?share gaps in investment banking. HSBC targets Hong Kong IPOs after missing out on listings boom

HSBC Stock Performance

Shares of HSBC opened at $87.96 on Friday. The company’s 50 day simple moving average is $78.32 and its 200-day simple moving average is $71.01. The firm has a market cap of $302.15 billion, a PE ratio of 18.52, a price-to-earnings-growth ratio of 1.02 and a beta of 0.52. HSBC Holdings plc has a 12-month low of $45.66 and a 12-month high of $89.00. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.49.

HSBC (NYSE:HSBC) last announced its earnings results on Tuesday, October 28th. The financial services provider reported $1.80 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.15. The business had revenue of $17.79 billion during the quarter, compared to the consensus estimate of $16.78 billion. HSBC had a net margin of 12.85% and a return on equity of 12.78%. As a group, equities analysts predict that HSBC Holdings plc will post 6.66 EPS for the current year.

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.