Reinhart Partners LLC. Raises Holdings in First Hawaiian, Inc. $FHB

Posted by on Jun 3rd, 2026

Reinhart Partners LLC. grew its stake in shares of First Hawaiian, Inc. (NASDAQ:FHB – Free Report) by 9.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,591,559 shares of the bank’s stock after purchasing an additional 231,018 shares during the quarter. First Hawaiian accounts for about 2.0% of Reinhart Partners LLC.’s holdings, making the stock its 25th biggest holding. Reinhart Partners LLC.’s holdings in First Hawaiian were worth $65,567,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of FHB. American Century Companies Inc. grew its position in First Hawaiian by 131.9% during the 3rd quarter. American Century Companies Inc. now owns 2,891,661 shares of the bank’s stock worth $71,800,000 after purchasing an additional 1,644,752 shares during the last quarter. Norges Bank purchased a new position in shares of First Hawaiian in the fourth quarter worth $40,281,000. AQR Capital Management LLC raised its holdings in shares of First Hawaiian by 230.8% in the third quarter. AQR Capital Management LLC now owns 2,206,361 shares of the bank’s stock worth $54,784,000 after buying an additional 1,539,415 shares during the last quarter. UBS Group AG lifted its stake in shares of First Hawaiian by 176.0% during the fourth quarter. UBS Group AG now owns 1,128,002 shares of the bank’s stock worth $28,538,000 after buying an additional 719,312 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of 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. 97.63% of the stock is owned by hedge funds and other institutional investors.

First Hawaiian Trading Up 1.6%

Shares of FHB stock opened at $27.01 on Wednesday. The stock has a 50 day moving average of $26.31 and a 200 day moving average of $25.93. The stock has a market cap of $3.29 billion, a P/E ratio of 11.85, a P/E/G ratio of 1.96 and a beta of 0.74. First Hawaiian, Inc. has a twelve month low of $22.65 and a twelve month high of $28.35.

First Hawaiian (NASDAQ:FHB – Get Free Report) last announced its quarterly earnings results on Friday, April 24th. The bank reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.02. The company had revenue of $220.35 million during the quarter, compared to analysts’ expectations of $223.59 million. First Hawaiian had a return on equity of 10.39% and a net margin of 24.44%.During the same period last year, the business earned $0.47 earnings per share. On average, research analysts predict that First Hawaiian, Inc. will post 2.33 earnings per share for the current fiscal year.

First Hawaiian Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, May 18th. First Hawaiian’s dividend payout ratio (DPR) is currently 45.61%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. cut their target price on First Hawaiian from $29.00 to $25.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 1st. Wall Street Zen downgraded First Hawaiian from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Wells Fargo & Company increased their price objective on First Hawaiian from $24.00 to $26.00 and gave the company an “underweight” rating in a report on Monday, March 30th. Stephens set a $28.00 price objective on First Hawaiian in a research note on Monday, April 27th. Finally, TD Cowen lifted their target price on First Hawaiian from $28.00 to $29.00 and gave the stock a “hold” rating in a report on Tuesday, April 28th. One analyst has rated the stock with a Buy rating, five have given 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 “Reduce” and a consensus price target of $27.56.

Get Our Latest Stock Report on First Hawaiian

First Hawaiian Company Profile

(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.

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Institutional Ownership by Quarter for First Hawaiian (NASDAQ:FHB)

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