Marks Group Wealth Management Inc Purchases 10,001 Shares of HSBC Holdings plc $HSBC

Marks Group Wealth Management Inc boosted its position in HSBC Holdings plc (NYSE:HSBC) by 114.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,739 shares of the financial services provider’s stock after acquiring an additional 10,001 shares during the period. Marks Group Wealth Management Inc’s holdings in HSBC were worth $1,474,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new stake in HSBC in the 3rd quarter worth $26,000. Binnacle Investments Inc grew its holdings in HSBC by 80.5% in the 3rd quarter. Binnacle Investments Inc now owns 444 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 198 shares during the last quarter. JPL Wealth Management LLC bought a new stake in HSBC in the 3rd quarter worth $41,000. Cornerstone Planning Group LLC boosted its stake in shares of HSBC by 30.7% during the 4th quarter. Cornerstone Planning Group LLC now owns 498 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 117 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of HSBC during the 4th quarter valued at about $43,000. Institutional investors own 1.48% of the company’s stock.

HSBC Trading Down 2.3%

Shares of NYSE HSBC opened at $89.44 on Wednesday. HSBC Holdings plc has a 1 year low of $58.14 and a 1 year high of $95.61. The stock has a market cap of $307.38 billion, a P/E ratio of 14.66, a price-to-earnings-growth ratio of 0.82 and a beta of 0.56. The firm has a 50-day moving average of $90.05 and a 200 day moving average of $84.36. 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 (NYSE:HSBC) last issued its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $0.44 earnings per share (EPS) for the quarter. HSBC had a net margin of 16.06% and a return on equity of 13.35%. The company had revenue of $19.13 billion during the quarter. As a group, sell-side analysts expect that HSBC Holdings plc will post 8.55 EPS for the current fiscal year.

HSBC Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, May 15th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, May 15th. HSBC’s dividend payout ratio (DPR) is 32.46%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on HSBC shares. The Goldman Sachs Group started coverage on shares of HSBC in a research note on Thursday, March 26th. They set a “buy” rating on the stock. Weiss Ratings lowered shares of HSBC from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of HSBC in a research note on Thursday, May 14th. BNP Paribas Exane lowered shares of HSBC from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 14th. Finally, Zacks Research lowered shares of HSBC from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, HSBC currently has a consensus rating of “Hold”.

Insider Transactions at HSBC

In related news, insider Daniel Scott Palomaki sold 23,123 shares of HSBC stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $18.11, for a total transaction of $418,757.53. Following the completion of the transaction, the insider directly owned 4,973 shares of the company’s stock, valued at $90,061.03. This trade represents a 82.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.01% of the stock is currently owned by company insiders.

Key HSBC News

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: Analysts continued to view HSBC as a relatively steady name, with brokerage coverage summarized as an average Hold rating, while another report highlighted HSBC’s AI-related earnings potential and margin benefits from industry-wide automation trends. Article Title
• Positive Sentiment: HSBC’s own commentary on AI suggested the bank is moving ahead with automation while still emphasizing human oversight, which may reassure investors that the bank can capture efficiency gains without taking on excessive execution risk. Article Title
• Positive Sentiment: HSBC also reportedly rolled out new AI total-addressable-market forecasts through 2030 and piloted B2B agentic payments in Singapore with Mastercard, reinforcing the market’s view that the bank is investing in future growth areas. Article Title Article Title
• Neutral Sentiment: Several articles were not directly about HSBC’s earnings or operations, including coverage of customer promotions, awards, macro commentary on India’s currency, and general bank-industry news, so they are unlikely to be the main drivers of the stock’s move. Article Title
• Negative Sentiment: One potentially negative overhang is the broader market concern that AI could accelerate banking job cuts and heighten regulatory or operating scrutiny, even if HSBC is framed as a beneficiary of cost savings. Article Title

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.