Key Points
- HSBC insider Daniel Scott Palomaki sold 23,123 shares on May 7 at an average price of $18.11, totaling about $418,758. After the sale, he retained 4,973 shares, reducing his ownership by 82.3%.
- HSBC shares were up 0.4% in the article, and the stock recently traded near its 52-week high. The company’s market cap is about $311 billion, with a P/E ratio of 14.83 and a beta of 0.56.
- HSBC recently cut its quarterly dividend to $0.50 per share, implying a $2.00 annualized payout and a 2.2% yield. However, the payout ratio is elevated at 147.21%, which may raise sustainability questions.
HSBC Holdings plc (NYSE:HSBC - Get Free Report) insider Daniel Scott Palomaki sold 23,123 shares of HSBC stock in a transaction on 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 sale, the insider owned 4,973 shares in the company, valued at $90,061.03. The trade was a 82.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
HSBC Stock Up 0.4%
Shares of HSBC stock opened at $90.49 on Tuesday. The firm has a market capitalization of $310.99 billion, a P/E ratio of 14.83, a PEG ratio of 0.91 and a beta of 0.56. The firm's fifty day moving average price is $86.28 and its two-hundred day moving average price is $81.18. HSBC Holdings plc has a 1 year low of $57.85 and a 1 year high of $94.79. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.52.
HSBC (NYSE:HSBC - Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The financial services provider reported $0.44 earnings per share for the quarter. The company had revenue of $19.13 billion for the quarter. HSBC had a net margin of 16.06% and a return on equity of 13.35%. On average, equities analysts predict that HSBC Holdings plc will post 8.51 EPS for the current fiscal year.
HSBC Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, May 15th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, May 15th. This represents a $2.00 annualized dividend and a dividend yield of 2.2%. HSBC's payout ratio is currently 147.21%.
Trending Headlines about HSBC
Here are the key news stories impacting HSBC this week:
- Positive Sentiment: HSBC raised its 2026 S&P 500 target to 7,650 and said there is a path above 8,000, citing strong earnings momentum, resilient tech stocks, and AI-driven optimism. That bullish market outlook can support sentiment toward HSBC’s research franchise and broader capital-markets outlook. Article Title
- Positive Sentiment: HSBC also published upbeat views on select markets and companies, including a constructive note on PhysicsWallah and an integrated health and wellness launch in Singapore, which reinforce its active product and research pipeline. Article Title
- Neutral Sentiment: HSBC announced plans to issue US$1.5 billion of perpetual contingent convertible securities, which should strengthen capital resources but may also add dilution or financing-cost concerns for investors. Article Title
- Neutral Sentiment: The company also set out board line-up and committee roles under Hong Kong rules, a governance update that is unlikely to move the shares on its own. Article Title
- Negative Sentiment: HSBC is also reviewing a $400 million fraud-related provision, which raises the risk of an earnings hit if the issue is material. Article Title
- Negative Sentiment: Separately, an insider sale by Daniel Scott Palomaki may be viewed cautiously by investors, though the transaction size appears modest relative to HSBC’s market value. Article Title
Analyst Ratings Changes
Several research analysts have recently weighed in on HSBC shares. Weiss Ratings lowered shares of HSBC from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday, May 6th. BNP Paribas Exane lowered shares of HSBC from an "outperform" rating to a "neutral" rating in a research note on Tuesday, April 14th. Zacks Research lowered shares of HSBC from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 5th. The Goldman Sachs Group initiated coverage on shares of HSBC in a report on Thursday, March 26th. They set a "buy" rating for the company. Finally, Morgan Stanley initiated coverage on shares of HSBC in a report on Wednesday, January 14th. They set an "equal weight" rating for the company. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $63.00.
Read Our Latest Research Report on HSBC
Institutional Trading of HSBC
Hedge funds and other institutional investors have recently modified their holdings of the stock. Transamerica Financial Advisors LLC boosted its holdings in HSBC by 287.1% in the 4th quarter. Transamerica Financial Advisors LLC now owns 329 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 244 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in HSBC in the 3rd quarter valued at about $26,000. Binnacle Investments Inc boosted 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 valued at $32,000 after purchasing an additional 198 shares during the period. Whipplewood Advisors LLC bought a new stake in HSBC in the 1st quarter valued at about $41,000. Finally, JPL Wealth Management LLC bought a new stake in HSBC in the 3rd quarter valued at about $41,000. Institutional investors own 1.48% of the company's stock.
HSBC Company Profile
(
Get Free Report)
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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