Hawaiian Electric Industries (HE)

• Market cap: $1.79B
• 1 day: 1.37%
• 5 days: -1.89%
• 1 month: -1.33%
• 3 months: -7.74%
• 6 months: -1.80%
• Year to date: -32.66%
• 1 year: -21.62%
• 5 years: -76.61%
• 10 years: -68.36%
• Sector: Utilities
• Industry: Electric Services

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 Q3 regulatory filings by fund managers ($100M+ AUM)

72% more capital invested

Capital invested by funds: $667M [Q2] → $1.15B (+$481M) [Q3]

16% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 77

15% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 61

5.34% more ownership

Funds ownership: 66.82% [Q2] → 72.16% (+5.34%) [Q3]

3% more funds holding

Funds holding: 277 [Q2] → 286 (+9) [Q3]

25% less call options, than puts

Call options by funds: $26.6M | Put options by funds: $35.5M

Research analyst outlook

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

• Low target: $9 13% downside
• Avg. target: $10.38 0% upside
• High target: $11.50 11% upside

4 analyst ratings

• positive: 0 0%
• neutral: 4 100%
• negative: 0 0%

Evercore ISI Group Durgesh Chopra 85% 1-year accuracy 11 / 13 met price target	4% downside $10	In-Line Maintained	19 Nov 2024
Evercore ISI Group Durgesh Chopra 85% 1-year accuracy 11 / 13 met price target	6% upside $11	In-Line Maintained	11 Nov 2024
Wells Fargo Jonathan Reeder 56% 1-year accuracy 5 / 9 met price target	11% upside $11.50	Equal-Weight Maintained	30 Sept 2024
Evercore ISI Group Durgesh Chopra 85% 1-year accuracy 11 / 13 met price target	13% downside $9	In-Line Maintained	24 Sept 2024