Oppenheimer & Co. Inc. Trims Stock Holdings in HSBC Holdings plc $HSBC

Key Points

• Oppenheimer & Co. Inc. reduced its stake in HSBC by 46.9% in Q4, selling 21,515 shares and ending the quarter with 24,355 shares worth $1.916 million.
• HSBC raised its quarterly dividend to $2.25 (annualized $9.00), implying roughly a 10% yield and a payout ratio around 148%, up from the prior $0.50 quarterly dividend.
• HSBC reported 1Q26 profit before tax of $9.4 billion; revenues were strong but profit was slightly down year‑on‑year as credit costs and operating expenses increased, while potential loan‑book decisions add strategic uncertainty.

Oppenheimer & Co. Inc. decreased its stake in HSBC Holdings plc (NYSE:HSBC - Free Report) by 46.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,355 shares of the financial services provider's stock after selling 21,515 shares during the quarter. Oppenheimer & Co. Inc.'s holdings in HSBC were worth $1,916,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Fisher Asset Management LLC increased its position in HSBC by 2.1% in the third quarter. Fisher Asset Management LLC now owns 17,398,460 shares of the financial services provider's stock worth $1,234,943,000 after buying an additional 355,089 shares in the last quarter. Dimensional Fund Advisors LP increased its position in HSBC by 1.8% in the third quarter. Dimensional Fund Advisors LP now owns 10,575,644 shares of the financial services provider's stock worth $750,659,000 after buying an additional 185,073 shares in the last quarter. Northern Trust Corp increased its position in HSBC by 4.7% in the third quarter. Northern Trust Corp now owns 3,045,134 shares of the financial services provider's stock worth $216,144,000 after buying an additional 136,342 shares in the last quarter. American Century Companies Inc. increased its position in HSBC by 14.7% in the third quarter. American Century Companies Inc. now owns 1,311,820 shares of the financial services provider's stock worth $93,113,000 after buying an additional 168,438 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of HSBC by 34.6% during the third quarter. Raymond James Financial Inc. now owns 455,088 shares of the financial services provider's stock worth $32,302,000 after purchasing an additional 117,038 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. The Goldman Sachs Group assumed coverage on HSBC in a research report on Thursday, March 26th. They set a "buy" rating for the company. BNP Paribas Exane cut HSBC from an "outperform" rating to a "neutral" rating in a research report on Tuesday, April 14th. Weiss Ratings cut HSBC from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, April 10th. Citigroup reiterated a "buy" rating on shares of HSBC in a research report on Friday, January 9th. Finally, Morgan Stanley assumed coverage on HSBC in a research report on Wednesday, January 14th. They set an "equal weight" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, HSBC presently has an average rating of "Moderate Buy" and a consensus price target of $63.00.

Key HSBC News

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC declared a first interim ordinary dividend of USD 0.10 per share with multi-currency payment options — supports the yield story and shareholder income thesis. Read More.
• Positive Sentiment: OCBC agreed to acquire HSBC Indonesia’s retail and wealth assets — a disposal that can recycle capital, simplify regional footprint and modestly strengthen capital/free-cash-flow metrics. Read More.
• Neutral Sentiment: HSBC released an unaudited 1Q2026 data pack and refined client segmentation — improves transparency and gives investors more detail ahead of full results. Read More.
• Neutral Sentiment: The bank scheduled a global Zoom briefing to discuss 1Q26 results with analysts and investors — provides realtime access to management commentary but by itself is informational. Read More.
• Neutral Sentiment: Market previews and stock-watch pieces highlight HSBC as a dividend/FTSE name to watch into results — keeps the stock on investors’ radars but doesn’t move fundamentals. Read More. • Read More. • Read More.
• Negative Sentiment: HSBC reported 1Q26 profit before tax of $9.4bn — revenues were strong but profit was slightly down year‑on‑year as credit costs and operating expenses rose, creating near‑term earnings pressure. Read More.
• Negative Sentiment: Press reports say HSBC faces a critical decision on loan‑book structure as bids loom — possible asset sales or restructuring increase strategic uncertainty and could pressure sentiment until outcomes are clear. Read More.

HSBC Stock Performance

NYSE:HSBC opened at $90.03 on Tuesday. The stock has a market capitalization of $309.41 billion, a P/E ratio of 14.88, a P/E/G ratio of 0.89 and a beta of 0.56. The stock has a 50-day moving average price of $86.35 and a 200 day moving average price of $80.34. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.62. HSBC Holdings plc has a 12-month low of $56.21 and a 12-month high of $94.79.

HSBC (NYSE:HSBC - Get Free Report) last released its quarterly earnings results on Saturday, February 14th. The financial services provider reported $1.35 earnings per share for the quarter. The business had revenue of $17.70 billion during the quarter. HSBC had a return on equity of 13.10% and a net margin of 16.07%. Equities research analysts forecast that HSBC Holdings plc will post 8.48 EPS for the current fiscal year.

HSBC Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Friday, March 13th were issued a dividend of $2.25 per share. The ex-dividend date was Friday, March 13th. This represents a $9.00 annualized dividend and a yield of 10.0%. This is a boost from HSBC's previous quarterly dividend of $0.50. HSBC's dividend payout ratio (DPR) is 148.43%.

HSBC Company 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.

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