Headlands Technologies LLC lowered its position in shares of HDFC Bank Limited (NYSE:HDB – Free Report) by 53.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,844 shares of the bank’s stock after selling 31,999 shares during the quarter. Headlands Technologies LLC’s holdings in HDFC Bank were worth $719,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Larson Financial Group LLC lifted its stake in shares of HDFC Bank by 90.4% in the 3rd quarter. Larson Financial Group LLC now owns 849 shares of the bank’s stock valued at $29,000 after purchasing an additional 403 shares during the period. Axiom Investment Management LLC acquired a new stake in HDFC Bank during the first quarter worth approximately $32,000. Bell Investment Advisors Inc grew its stake in HDFC Bank by 260.9% during the first quarter. Bell Investment Advisors Inc now owns 1,386 shares of the bank’s stock worth $34,000 after purchasing an additional 1,002 shares during the period. Pin Oak Investment Advisors Inc. increased its holdings in HDFC Bank by 100.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 996 shares of the bank’s stock worth $34,000 after purchasing an additional 498 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in HDFC Bank in the third quarter worth approximately $43,000. 17.61% of the stock is owned by institutional investors.
More HDFC Bank News
Here are the key news stories impacting HDFC Bank this week:
- Positive Sentiment: CEO Sashidhar Jagdishan will not seek reappointment, prompting speculation that a successor could improve the bank’s post-merger performance, margins and valuation. Analysts said the incoming CEO’s profile may create re-rating potential. India’s largest private lender HDFC Bank sees shares rise after CEO announces surprise exit
- Positive Sentiment: Brokerage commentary is focusing on whether new leadership can address merger-related challenges and improve the bank’s operating trajectory, creating longer-term upside if execution strengthens. Merger to margins: How brokerages assess Sashidhar Jagdishan’s tenure at HDFC Bank
- Neutral Sentiment: Investors are evaluating the implications of the leadership transition for the bank’s post-merger financial metrics, including margins, growth and capital allocation. The succession could provide an opportunity for change, but also introduces near-term uncertainty. Amid HDFC Bank CEO exit, the lingering poser on post-merger math
- Negative Sentiment: HSBC downgraded HDFC Bank from “Buy” to “Hold,” signaling reduced near-term conviction in the shares.
- Negative Sentiment: Multiple law firms publicized a securities class action alleging that HDFC Bank and certain officers made misleading disclosures related to approximately ₹45 crore in deposit inducements allegedly routed through the marketing budget. The alleged disclosures are tied to an approximately 4% stock decline, and investors have until roughly October 12–13, 2026, to seek lead-plaintiff status. These are allegations, and the litigation could add legal costs, reputational risk and uncertainty. HDFC Bank Limited Securities Fraud Class Action Result of Deceptive Interest Payments and Approximately 4% Stock Decline
HDFC Bank Price Performance
HDFC Bank (NYSE:HDB – Get Free Report) last announced its quarterly earnings results on Saturday, July 18th. The bank reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.02. HDFC Bank had a return on equity of 11.84% and a net margin of 15.96%.The business had revenue of $9.01 billion for the quarter, compared to analyst estimates of $5 billion. On average, sell-side analysts expect that HDFC Bank Limited will post 1.67 EPS for the current year.
Analyst Upgrades and Downgrades
HDB has been the topic of a number of research analyst reports. HSBC cut HDFC Bank from a “buy” rating to a “hold” rating in a report on Monday. Weiss Ratings upgraded shares of HDFC Bank from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, July 20th. The Goldman Sachs Group began coverage on shares of HDFC Bank in a research report on Friday, August 21st. They set a “buy” rating on the stock. Wall Street Zen lowered shares of HDFC Bank from a “hold” rating to a “sell” rating in a research note on Saturday, July 18th. Finally, Zacks Research upgraded shares of HDFC Bank from a “strong sell” rating to a “hold” rating in a report on Friday, July 17th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, HDFC Bank presently has a consensus rating of “Hold”.
Read Our Latest Research Report on HDFC Bank
HDFC Bank Profile
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).
Read More
- Five stocks we like better than HDFC Bank
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Want to see what other hedge funds are holding HDB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HDFC Bank Limited (NYSE:HDB – Free Report).
Receive News & Ratings for HDFC Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HDFC Bank and related companies with MarketBeat.com's FREE daily email newsletter.
