Envestnet Asset Management Inc. Boosts Stake in HSBC Holdings plc $HSBC

Envestnet Asset Management Inc. lifted its holdings in HSBC Holdings plc (NYSE:HSBC) by 141.1% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 222,916 shares of the financial services provider’s stock after buying an additional 130,440 shares during the period. Envestnet Asset Management Inc.’s holdings in HSBC were worth $15,823,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Mather Group LLC. bought a new position in HSBC in the 3rd quarter valued at $25,000. NewSquare Capital LLC grew its position in HSBC by 152.6% during the second quarter. NewSquare Capital LLC now owns 432 shares of the financial services provider’s stock valued at $26,000 after buying an additional 261 shares during the period. Retirement Wealth Solutions LLC purchased a new stake in HSBC during the third quarter worth about $32,000. Root Financial Partners LLC purchased a new position in HSBC in the third quarter valued at about $43,000. Finally, Private Trust Co. NA increased its holdings in HSBC by 346.2% in the 2nd quarter. Private Trust Co. NA now owns 763 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 592 shares during the last quarter. 1.48% of the stock is currently owned by institutional investors.

HSBC Stock Down 1.8%

Shares of NYSE:HSBC opened at $85.19 on Monday. The firm has a market capitalization of $292.61 billion, a PE ratio of 17.93, a price-to-earnings-growth ratio of 0.91 and a beta of 0.52. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.92 and a current ratio of 0.92. HSBC Holdings plc has a 52-week low of $45.66 and a 52-week high of $90.81. The firm has a fifty day moving average of $81.86 and a 200 day moving average of $72.87.

More HSBC News

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: UK Treasury picked HSBC’s Orion platform to power a pilot issuance of digital gilts — a validation of HSBC’s tokenisation product that could lead to fee revenue, deepen relationships with sovereign and institutional clients, and position the bank as a market infrastructure provider. UK picks HSBC as platform provider for its digital bond pilot issuance
• Positive Sentiment: Multiple outlets detail the DIGIT appointment and HSBC’s blockchain role, underscoring market recognition and potential for follow‑on mandates as more sovereigns explore tokenised debt. UK picks HSBC as platform provider for its digital bond pilot issuance
• Positive Sentiment: HSBC’s broader tokenisation and BaaS work (including partnerships like with asset managers) supports a strategic push into 24/7 asset settlement and custody services — complementary revenue streams to traditional banking. Tokenizing The Real World: How HSBC And BlackRock Use BaaS For 24/7 Asset Settlement
• Positive Sentiment: HSBC Group COO Suzy White was appointed to the board of HSBC Singapore, strengthening regional governance and management continuity in a key Asia hub. HSBC Group COO Suzy White Joins HSBC Singapore Board
• Neutral Sentiment: HSBC’s equity research downgraded BP after BP suspended buybacks — this is a reflection of HSBC research activity, not HSBC the bank’s operations; it may modestly affect perceptions of HSBC’s research team but not core bank fundamentals. BP downgraded to Sell equivalent at HSBC after buyback suspension
• Neutral Sentiment: Marketing/sponsorship and macro commentary (e.g., HSBC analysis on China trade and the yuan, and event sponsorships) appeared in coverage — useful for brand and macro insight but less likely to move near‑term stock performance. China’s huge trade surplus helps lift global risk assets, a stronger Yuan may reverse trend: HSBC

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on HSBC. Morgan Stanley began coverage on shares of HSBC in a report on Wednesday, January 14th. They issued an “equal weight” rating on the stock. Erste Group Bank raised shares of HSBC from a “hold” rating to a “buy” rating in a report on Thursday, November 20th. Bank of America raised shares of HSBC from a “neutral” rating to a “buy” rating in a report on Wednesday, December 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of HSBC in a research report on Monday, December 29th. Finally, Citigroup restated a “buy” rating on shares of HSBC in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, HSBC has an average rating of “Moderate Buy” and a consensus target price of $63.00.

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.