Hawaiian Electric Industries (HE)

• Market cap: $1.79B
• 1 day: 2.05%
• 5 days: 4.29%
• 1 month: -5.85%
• 3 months: 14.07%
• 6 months: 5.87%
• Year to date: 10.69%
• 1 year: -3.42%
• 5 years: -73.74%
• 10 years: -67.11%
• Sector: Utilities
• Industry: Electric Utilities

About: Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and owns a 10% minority interest in Hawaii's American Savings Bank. The utilities provide electricity on the five islands of Oahu, Hawaii, Maui, Molokai, and Lanai.

Employees: 2,602

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

41% more repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 73

38% more call options, than puts

Call options by funds: $30.4M | Put options by funds: $22.1M

5% more capital invested

Capital invested by funds: $1.15B [Q3] → $1.21B (+$56.6M) [Q4]

2% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 62

0.37% less ownership

Funds ownership: 72.18% [Q3] → 71.82% (-0.37%) [Q4]

1% less funds holding

Funds holding: 291 [Q3] → 287 (-4) [Q4]

100% less funds holding in top 10

Funds holding in top 10: 3 [Q3] → 0 (-3) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $11 5% upside
• Avg. target: $11.75 12% upside
• High target: $12.50 20% upside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

Barclays Nicholas Campanella 57% 1-year accuracy 45 / 79 met price target	5% upside $11	Equal-Weight Maintained	4 Mar 2025
Wells Fargo Jonathan Reeder 73% 1-year accuracy 11 / 15 met price target	20% upside $12.50	Equal-Weight Maintained	27 Feb 2025