Hawaiian Electric Industries (NYSE:HE) Sets New 1-Year Low – Should You Sell?

Posted by Geri Gentry on Oct 16th, 2026

Hawaiian Electric Industries, Inc. (NYSE:HE – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as $8.34 and last traded at $8.3550, with a volume of 171,651 shares. The stock had previously closed at $8.53.

Wall Street Analysts Forecast Growth

Several analysts recently commented on HE shares. Barclays reduced their target price on shares of Hawaiian Electric Industries from $12.00 to $9.00 and set an “equal weight” rating for the company in a report on Wednesday, September 30th. Jefferies Financial Group lowered their price target on shares of Hawaiian Electric Industries from $8.75 to $7.00 and set an “underperform” rating on the stock in a report on Tuesday, October 6th. Weiss Ratings cut shares of Hawaiian Electric Industries from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday. LADENBURG THALM/SH SH started coverage on shares of Hawaiian Electric Industries in a research report on Tuesday, September 8th. They set a “sell” rating and a $7.00 price objective for the company. Finally, Zacks Research upgraded Hawaiian Electric Industries from a “strong sell” rating to a “hold” rating in a report on Friday, October 9th. Two investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Strong Sell” and an average price target of $7.67.

Read Our Latest Stock Report on Hawaiian Electric Industries

Hawaiian Electric Industries Price Performance

The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.57. The company has a 50 day moving average of $10.31 and a 200-day moving average of $12.67. The firm has a market capitalization of $1.47 billion, a P/E ratio of 11.42 and a beta of 0.49.

Hawaiian Electric Industries (NYSE:HE – Get Free Report) last posted its quarterly earnings data on Friday, August 7th. The utilities provider reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.08). The firm had revenue of $939.70 million for the quarter, compared to the consensus estimate of $939.70 million. Hawaiian Electric Industries had a return on equity of 7.90% and a net margin of 6.89%. During the same quarter in the previous year, the business earned $0.15 EPS. On average, sell-side analysts predict that Hawaiian Electric Industries, Inc. will post 0.80 EPS for the current year.

Hedge Funds Weigh In On Hawaiian Electric Industries

Several institutional investors and hedge funds have recently modified their holdings of HE. V Square Quantitative Management LLC bought a new stake in shares of Hawaiian Electric Industries in the third quarter valued at approximately $54,000. Summit Financial Wealth Advisors LLC acquired a new position in Hawaiian Electric Industries during the 3rd quarter worth approximately $93,000. NorthCrest Asset Manangement LLC bought a new position in Hawaiian Electric Industries in the 3rd quarter valued at approximately $90,000. Elevation Wealth Partners LLC lifted its stake in Hawaiian Electric Industries by 961.8% in the 3rd quarter. Elevation Wealth Partners LLC now owns 3,695 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 3,347 shares during the last quarter. Finally, Pecaut & CO. lifted its stake in Hawaiian Electric Industries by 3.3% in the 2nd quarter. Pecaut & CO. now owns 41,300 shares of the utilities provider’s stock valued at $559,000 after purchasing an additional 1,300 shares during the last quarter. 59.91% of the stock is currently owned by institutional investors and hedge funds.

About Hawaiian Electric Industries

(Get Free Report)

Hawaiian Electric Industries, Inc (NYSE: HE) is a Hawaii-based holding company whose principal business is the generation, transmission, distribution and sale of electricity through its operating utility subsidiaries. Hawaiian Electric serves customers on the islands of Oahu, Maui, Molokai, Lanai and Hawaii Island.

The company’s electric utilities include Hawaiian Electric Company, Hawaii Electric Light and Maui Electric. Their operations include maintaining the state’s electric grid, integrating renewable energy resources and supporting the transition toward cleaner power generation.