First Hawaiian (NASDAQ:FHB) Downgraded by Wall Street Zen to Sell

Posted by Stanley Muller on Aug 3rd, 2026

Wall Street Zen cut shares of First Hawaiian (NASDAQ:FHB – Free Report) from a hold rating to a sell rating in a research note issued to investors on Sunday morning.

FHB has been the subject of several other research reports. Wells Fargo & Company upped their price target on First Hawaiian from $26.00 to $28.00 and gave the stock an “underweight” rating in a research note on Monday, July 6th. Piper Sandler boosted their price objective on shares of First Hawaiian from $29.00 to $30.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Stephens upped their price objective on shares of First Hawaiian from $28.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Wednesday. The Goldman Sachs Group raised their target price on shares of First Hawaiian from $27.00 to $30.00 and gave the stock a “sell” rating in a research note on Tuesday, July 7th. Finally, Zacks Research raised shares of First Hawaiian from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, First Hawaiian currently has a consensus rating of “Hold” and a consensus price target of $30.12.

Get Our Latest Stock Analysis on First Hawaiian

First Hawaiian Price Performance

Shares of NASDAQ:FHB opened at $27.79 on Friday. First Hawaiian has a 1-year low of $22.65 and a 1-year high of $30.58. The stock has a market cap of $3.38 billion, a P/E ratio of 12.08, a P/E/G ratio of 1.75 and a beta of 0.73. The firm has a fifty day moving average price of $28.46 and a 200 day moving average price of $26.90.

First Hawaiian (NASDAQ:FHB – Get Free Report) last posted its quarterly earnings data on Friday, July 24th. The bank reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. First Hawaiian had a net margin of 24.41% and a return on equity of 10.27%. The company had revenue of $231.27 million for the quarter, compared to analyst estimates of $227.77 million. During the same period in the previous year, the business posted $0.58 earnings per share. Sell-side analysts expect that First Hawaiian will post 2.34 EPS for the current fiscal year.

First Hawaiian Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 17th will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $1.04 annualized dividend and a dividend yield of 3.7%. First Hawaiian’s payout ratio is 45.22%.

Institutional Investors Weigh In On First Hawaiian

A number of institutional investors and hedge funds have recently modified their holdings of FHB. Norges Bank acquired a new stake in First Hawaiian during the 4th quarter worth approximately $40,281,000. AQR Capital Management LLC lifted its position in First Hawaiian by 230.8% during the third quarter. AQR Capital Management LLC now owns 2,206,361 shares of the bank’s stock valued at $54,784,000 after buying an additional 1,539,415 shares in the last quarter. UBS Group AG lifted its position in First Hawaiian by 176.0% during the fourth quarter. UBS Group AG now owns 1,128,002 shares of the bank’s stock valued at $28,538,000 after buying an additional 719,312 shares in the last quarter. Quantinno Capital Management LP grew its stake in First Hawaiian by 60.3% during the first quarter. Quantinno Capital Management LP now owns 1,798,815 shares of the bank’s stock worth $44,323,000 after buying an additional 676,433 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in First Hawaiian by 96.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,096,002 shares of the bank’s stock worth $27,729,000 after buying an additional 537,841 shares during the period. Institutional investors and hedge funds own 97.63% of the company’s stock.

First Hawaiian Company Profile

(Get Free Report)

First Hawaiian, Inc is the oldest and largest bank in Hawaii, operating as the bank holding company for First Hawaiian Bank. Established in 1858, the company offers a full suite of financial services to individual, business and institutional clients. Its product portfolio includes consumer and commercial lending, deposit accounts, treasury and cash management, foreign exchange and trade finance, as well as wealth management and trust services.

First Hawaiian serves customers through an extensive network of branches, ATMs and digital channels across the Hawaiian Islands, Guam, Saipan and American Samoa.