Hawaiian Electric IndustriesHE
Market Cap: $1.2B
About: Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and Hawaii's American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai.
Employees: 3,706
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
40% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 75
2.28% more ownership
Funds ownership: 62.12% [Q1] → 64.4% (+2.28%) [Q2]
6% less funds holding
Funds holding: 294 [Q1] → 276 (-18) [Q2]
17% less capital invested
Capital invested by funds: $774M [Q1] → $643M (-$131M) [Q2]
31% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 58
43% less call options, than puts
Call options by funds: $11.6M | Put options by funds: $20.3M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Wells Fargo Jonathan Reeder 57% 1-year accuracy 8 / 14 met price target | 29%upside $14 | Equal-Weight Upgraded | 23 Aug 2024 |
Evercore ISI Group Durgesh Chopra 74% 1-year accuracy 14 / 19 met price target | 47%upside $16 | In-Line Maintained | 14 Aug 2024 |
Wells Fargo Jonathan Reeder 57% 1-year accuracy 8 / 14 met price target | 29%upside $14 | Underweight Maintained | 12 Aug 2024 |
Evercore ISI Group Durgesh Chopra 74% 1-year accuracy 14 / 19 met price target | 47%upside $16 | In-Line Maintained | 5 Aug 2024 |
Financial journalist opinion
Based on 8 articles about HE published over the past 30 days