T3 Companies LLC Invests $920,000 in Hawaiian Electric Industries, Inc. $HE

Posted by Brenda Bartman on Jun 11th, 2026

T3 Companies LLC purchased a new stake in Hawaiian Electric Industries, Inc. (NYSE:HE – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 74,800 shares of the utilities provider’s stock, valued at approximately $920,000. Hawaiian Electric Industries comprises approximately 1.2% of T3 Companies LLC’s portfolio, making the stock its 13th largest holding.

Several other hedge funds also recently modified their holdings of the company. Janney Montgomery Scott LLC increased its holdings in Hawaiian Electric Industries by 13.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 148,236 shares of the utilities provider’s stock worth $1,823,000 after purchasing an additional 17,914 shares in the last quarter. Horizon Kinetics Asset Management LLC boosted its stake in shares of Hawaiian Electric Industries by 6.2% during the fourth quarter. Horizon Kinetics Asset Management LLC now owns 19,392,363 shares of the utilities provider’s stock valued at $238,526,000 after purchasing an additional 1,134,646 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Hawaiian Electric Industries by 4.8% during the fourth quarter. LPL Financial LLC now owns 65,800 shares of the utilities provider’s stock valued at $809,000 after purchasing an additional 2,996 shares in the last quarter. Syon Capital LLC grew its holdings in shares of Hawaiian Electric Industries by 4.7% during the fourth quarter. Syon Capital LLC now owns 42,674 shares of the utilities provider’s stock worth $525,000 after purchasing an additional 1,928 shares during the last quarter. Finally, WINTON GROUP Ltd bought a new stake in shares of Hawaiian Electric Industries during the fourth quarter worth about $1,111,000. Institutional investors and hedge funds own 59.91% of the company’s stock.

Hawaiian Electric Industries Stock Performance

Shares of HE opened at $13.09 on Thursday. Hawaiian Electric Industries, Inc. has a one year low of $10.20 and a one year high of $17.38. The company has a market cap of $2.26 billion, a PE ratio of 17.69 and a beta of 0.50. The stock has a 50-day moving average of $14.49 and a 200-day moving average of $14.20. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.34 and a quick ratio of 1.34.

Hawaiian Electric Industries (NYSE:HE – Get Free Report) last posted its quarterly earnings results on Friday, May 8th. The utilities provider reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.09). Hawaiian Electric Industries had a return on equity of 9.03% and a net margin of 4.19%.The firm had revenue of $746.45 million for the quarter, compared to analyst estimates of $746.45 million. On average, equities research analysts predict that Hawaiian Electric Industries, Inc. will post 1.06 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on HE shares. Zacks Research lowered shares of Hawaiian Electric Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 6th. Weiss Ratings lowered shares of Hawaiian Electric Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, May 12th. Barclays raised their price target on shares of Hawaiian Electric Industries from $13.00 to $14.00 and gave the company an “equal weight” rating in a research note on Monday, March 2nd. Finally, Wall Street Zen cut shares of Hawaiian Electric Industries from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Two analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Hawaiian Electric Industries presently has a consensus rating of “Reduce” and a consensus price target of $13.25.

Read Our Latest Analysis on HE

About Hawaiian Electric Industries

(Free Report)

Hawaiian Electric Industries, Inc is a diversified holding company operating in the energy and financial services sectors in the state of Hawaii. Its principal subsidiary, Hawaiian Electric Company, provides generation, transmission, distribution and customer service to the island of Oahu, while its Maui Electric and Hawaii Electric Light Company subsidiaries serve Maui, Molokai, Lanai and Hawaii Island. The roots of the electric utility business trace back to 1891 when service first commenced in Honolulu.

Through its subsidiary Hawaii Gas, HEI extends its energy portfolio to include the distribution of natural gas and propane, supporting residential, commercial and industrial customers across the islands.