Hawaiian Electric Industries (HE)

• Market cap: $1.85B
• 1 day: -2.55%
• 5 days: 1.13%
• 1 month: 19.24%
• 3 months: -2.37%
• 6 months: -6.29%
• Year to date: 13.44%
• 1 year: -12.49%
• 5 years: -77.70%
• 10 years: -67.85%
• Sector: Utilities
• Industry: Electric Services

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: 3,706

Fund manager confidence

Based on 2024 Q4 regulatory filings 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 first-time investments, than exits

New positions opened: 63 | Existing positions closed: 60

5% more capital invested

Capital invested by funds: $1.15B [Q3] → $1.21B (+$54.3M) [Q4]

0.54% less ownership

Funds ownership: 72.39% [Q3] → 71.84% (-0.54%) [Q4]

1% less funds holding

Funds holding: 291 [Q3] → 288 (-3) [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: $10 7% downside
• Avg. target: $10.25 4% downside
• High target: $10.50 2% downside

2 analyst ratings

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

Barclays Nicholas Campanella 65% 1-year accuracy 52 / 80 met price target	7% downside $10	Equal-Weight Initiated	6 Feb 2025
Jefferies Julien Dumoulin-Smith 56% 1-year accuracy 88 / 158 met price target	2% downside $10.50	Hold Maintained	3 Jan 2025