Madison Asset Management LLC Purchases Shares of 95,877 HDFC Bank Limited $HDB

Madison Asset Management LLC purchased a new stake in HDFC Bank Limited (NYSE:HDB) during the second quarter, Holdings Channel reports. The fund purchased 95,877 shares of the bank’s stock, valued at approximately $2,477,000.

Other large investors have also recently made changes to their positions in the company. NewEdge Advisors LLC increased its holdings in HDFC Bank by 8.6% in the 1st quarter. NewEdge Advisors LLC now owns 11,676 shares of the bank’s stock valued at $776,000 after purchasing an additional 922 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in HDFC Bank by 1.5% during the first quarter. Goldman Sachs Group Inc. now owns 883,855 shares of the bank’s stock worth $58,723,000 after purchasing an additional 13,435 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in HDFC Bank by 24.5% during the second quarter. Sivia Capital Partners LLC now owns 7,840 shares of the bank’s stock worth $601,000 after purchasing an additional 1,541 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of HDFC Bank by 464.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,484 shares of the bank’s stock worth $114,000 after buying an additional 1,221 shares during the period. Finally, First Trust Advisors LP boosted its position in shares of HDFC Bank by 29.3% during the second quarter. First Trust Advisors LP now owns 51,551 shares of the bank’s stock worth $3,952,000 after buying an additional 11,689 shares during the period. 17.61% of the stock is currently owned by institutional investors and hedge funds.

HDFC Bank Price Performance

Shares of HDB opened at $23.37 on Friday. HDFC Bank Limited has a 1-year low of $22.66 and a 1-year high of $37.85. The stock has a market cap of $119.91 billion, a PE ratio of 13.75, a price-to-earnings-growth ratio of 1.09 and a beta of 0.65. The firm has a fifty day moving average price of $24.68 and a 200 day moving average price of $26.43.

HDFC Bank (NYSE:HDB) last announced its earnings results on Saturday, July 18th. The bank reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.02. The firm had revenue of $9.01 billion during the quarter, compared to analysts’ expectations of $5 billion. HDFC Bank had a return on equity of 11.84% and a net margin of 15.96%. As a group, equities analysts expect that HDFC Bank Limited will post 1.67 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on HDB shares. Wall Street Zen downgraded HDFC Bank from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. Weiss Ratings upgraded HDFC Bank from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, July 20th. Finally, Zacks Research raised HDFC Bank from a “strong sell” rating to a “hold” rating in a research report on Friday, July 17th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Key Stories Impacting HDFC Bank

Here are the key news stories impacting HDFC Bank this week:

• Positive Sentiment: HDFC Bank raised $1.75 billion through a senior bond issuance by its GIFT City branch. The transaction strengthens the bank’s funding base and provides additional resources for lending and balance-sheet management. HDFC Bank Raises US$1.75 Billion via GIFT City Bond Issuance
• Positive Sentiment: The Reserve Bank of India approved Life Insurance Corporation of India’s request to increase its stake in HDFC Bank to nearly 10%. The approval could provide a measure of institutional support and create a stable long-term shareholder base. RBI Clears LIC to Raise Stake in HDFC Bank to Nearly 10%
• Positive Sentiment: HDFC Bank’s top-tier certificate-of-deposit ratings were reaffirmed as the bank increased the size of its program, supporting confidence in its credit quality and access to wholesale funding. HDFC Bank’s Top-Tier CD Ratings Reaffirmed as Programme Size Rises
• Negative Sentiment: Multiple law firms continued promoting a pending securities class action covering investors who bought HDFC Bank securities from July 17, 2023, through May 26, 2026. The allegations claim approximately ₹45 crore in deposit inducements were routed through the marketing budget, potentially misstating net interest income and operating expenses. The case names senior executives, including the CEO and CFO, and cites a cumulative $3.11 per ADS decline across two disclosure events. Lead-plaintiff deadlines are October 12–13, 2026. HDFC Bank Class Action Lawsuit Allegations

About HDFC Bank

HDFC Bank Limited is one of India’s leading private sector banks, headquartered in Mumbai. Incorporated in 1994 and promoted by Housing Development Finance Corporation (HDFC), the bank provides a full range of banking and financial services to retail, small and medium-sized enterprises, and corporate customers. It is publicly listed and also accessible to international investors through American Depositary Receipts (ADRs) trading on the New York Stock Exchange under the symbol HDB.

The bank’s core activities include retail banking (deposit accounts, personal loans, home loans, auto loans, and credit cards), commercial and corporate banking (working capital finance, term lending, trade finance and treasury services), and transaction banking (cash management and payment solutions).