First Hawaiian (NASDAQ:FHB) Rating Increased to Hold at Wall Street Zen

Posted by George Bondi on Aug 29th, 2026

First Hawaiian (NASDAQ:FHB – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

A number of other brokerages have also recently weighed in on FHB. Weiss Ratings reiterated a “buy (b)” rating on shares of First Hawaiian in a research report on Monday, July 6th. Piper Sandler increased their target price on shares of First Hawaiian from $29.00 to $30.00 and gave the stock a “neutral” rating in a research report on Monday, July 27th. Benchmark restated a “hold” rating on shares of First Hawaiian in a research report on Tuesday, July 14th. JPMorgan Chase & Co. upped their price objective on shares of First Hawaiian from $27.00 to $31.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 1st. Finally, The Goldman Sachs Group raised their price objective on shares of First Hawaiian from $27.00 to $30.00 and gave the stock a “sell” rating in a report on Tuesday, July 7th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $30.25.

Read Our Latest Analysis on FHB

First Hawaiian Price Performance

Shares of First Hawaiian stock traded down $0.03 during trading on Friday, hitting $25.79. 1,558,600 shares of the company’s stock traded hands, compared to its average volume of 1,726,531. The company has a market cap of $3.14 billion, a PE ratio of 11.21, a PEG ratio of 1.63 and a beta of 0.73. The firm’s fifty day moving average price is $28.26 and its 200 day moving average price is $26.91. First Hawaiian has a twelve month low of $22.65 and a twelve month high of $30.58.

First Hawaiian (NASDAQ:FHB – Get Free Report) last announced its quarterly earnings results on Friday, July 24th. The bank reported $0.60 EPS for the quarter, topping 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 firm had revenue of $231.27 million during the quarter, compared to analysts’ expectations of $227.77 million. During the same quarter last year, the company earned $0.58 earnings per share. As a group, equities research analysts anticipate that First Hawaiian will post 2.34 earnings per share for the current year.

Hedge Funds Weigh In On First Hawaiian

A number of institutional investors have recently modified their holdings of FHB. Illinois Municipal Retirement Fund grew its stake in shares of First Hawaiian by 0.6% during the first quarter. Illinois Municipal Retirement Fund now owns 65,002 shares of the bank’s stock valued at $1,602,000 after purchasing an additional 397 shares during the last quarter. Evolve Private Wealth LLC lifted its holdings in First Hawaiian by 1.6% during the 1st quarter. Evolve Private Wealth LLC now owns 26,105 shares of the bank’s stock worth $643,000 after buying an additional 406 shares in the last quarter. Parallel Advisors LLC boosted its position in First Hawaiian by 11.3% in the 1st quarter. Parallel Advisors LLC now owns 5,171 shares of the bank’s stock valued at $127,000 after buying an additional 525 shares during the last quarter. Global Retirement Partners LLC boosted its position in First Hawaiian by 45.7% in the 4th quarter. Global Retirement Partners LLC now owns 1,702 shares of the bank’s stock valued at $43,000 after buying an additional 534 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in First Hawaiian by 0.4% in the 4th quarter. Royal Bank of Canada now owns 139,962 shares of the bank’s stock valued at $3,540,000 after buying an additional 568 shares during the last quarter. 97.63% of the stock is owned by institutional investors.

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.