Hawaiian Electric Industries
HE

$16.84

1.29%

Market Cap: 1.86B

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

Utilities Electric Services

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 9 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

3% more call options, than puts

Call options by funds: $26.5M | Put options by funds: $25.7M

0% less funds holding

Funds holding: 289 [Q4 2023] → 288 (-1) [Q1 2024]

2% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 50

1.55% less ownership

Funds ownership: 59.91% [Q4 2023] → 58.36% (-1.55%) [Q1 2024]

13% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 99

22% less capital invested

Capital invested by funds: $936M [Q4 2023] → $727M (-$209M) [Q1 2024]

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$9

47%

downside

Avg. target

$10

41%

downside

High target

$11

35%

downside

2 analyst ratings

0 positive

0%

1 neutral

50%

1 negative

50%

Wells Fargo Jonathan Reeder	47%downside $9	Underweight Maintained	13 May 2024
Evercore ISI Group Durgesh Chopra	35%downside $11	In-Line Maintained	15 Feb 2024

See Analyst Rankings

Financial journalist opinion

Based on 9 articles about HE published over the past 30 days

Undercovered Dozen: Hawaiian Electrics, Serve Robotics, Yandex, Southwest Airlines +

We share 12 ideas published last week focused on stocks with less coverage on Seeking Alpha. Despite the decline in stock price for small biotech Agenus, one analyst thinks it could have further to go. Lithium Americas Corp. could be positioned for significant profitability with potential for 100-700% upside in share price.

Undercovered Dozen: Hawaiian Electrics, Serve Robotics, Yandex, Southwest Airlines +

Reports of a Wildfire Settlement Deal Have Hawaiian Electric Stock Flying

Hawaiian Electric Industries (HE) and others have reached a tentative deal to pay more than $4 billion to settle lawsuits related to wildfires that ravaged Maui in 2023, according to a Bloomberg report.

Reports of a Wildfire Settlement Deal Have Hawaiian Electric Stock Flying

Hawaiian Electric stock rallies on report of Maui wildfire settlement

Hawaiian Electric Industries Inc.'s stock is rallying by about 37% in premarket trading Friday after Bloomberg reported the company is near a settlement for hundreds of lawsuits filed after the wildfires in Maui that caused billions in damage in August.

Hawaiian Electric stock rallies on report of Maui wildfire settlement

Hawaiian Electric, others agree to proposed $4 bln Maui wildfire deal, Bloomberg reports

Hawaiian Electric Industries and other defendants in lawsuits over the Maui wildfires in Hawaii have tentatively agreed to pay more than $4 billion in settlement amount, Bloomberg News reported on Thursday, citing people familiar with the matter.

Hawaiian Electric, others agree to proposed $4 bln Maui wildfire deal, Bloomberg reports

Three Small-Cap Stocks to Buy Before a September-Rate-Cut Rally

Rate cuts may finally be upon us. After a tentative few months, inflation is showing signs of faltering and the market is beginning to price in rate cuts coming as early as September.

Three Small-Cap Stocks to Buy Before a September-Rate-Cut Rally

Hawaiian Electric Industries to Announce Second Quarter 2024 Results August 9; American Savings Bank to Announce Second Quarter 2024 Results July 30

HONOLULU--(BUSINESS WIRE)--Hawaiian Electric Industries to Announce Second Quarter 2024 Results August 9; American Savings Bank to Announce Second Quarter 2024 Results July 30.

Hawaiian Electric Industries to Announce Second Quarter 2024 Results August 9; American Savings Bank to Announce Second Quarter 2024 Results July 30

Why Is Hawaiian Electric (HE) Stock Up 15% Today?

Hawaiian Electric (NYSE: HE ) stock is up on Wednesday as the reports spread that Maui County is preparing to offer a settlement to those affected by the 2023 Maui fires. According to these reports, the county is weighing a settlement for thousands of people affected by the fires.

Why Is Hawaiian Electric (HE) Stock Up 15% Today?

7 Doomed Stocks on a One-Way Trip to Penny Stock Territory

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7 Doomed Stocks on a One-Way Trip to Penny Stock Territory

Hawaii Public Utilities Commission Approves Hawaiian Electric's $250M Utility Accounts Receivable Credit Facility

HONOLULU--(BUSINESS WIRE)--Hawaii Public Utilities Commission Approves Hawaiian Electric's $250M Utility Accounts Receivable Credit Facility.

Hawaii Public Utilities Commission Approves Hawaiian Electric's $250M Utility Accounts Receivable Credit Facility

3 Sorry Utilities Stocks to Sell Now While You Still Can: Summer Edition

Utility stocks have historically been defensive, dividend-focused plays, but so far this year, utilities have become a hot sector among more aggressive investors. This is largely because of the impact of the AI revolution on electricity demand.

3 Sorry Utilities Stocks to Sell Now While You Still Can: Summer Edition

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