Kestra Private Wealth Services LLC Makes New $849,000 Investment in Hawaiian Electric Industries, Inc. $HE

Posted by George Bondi on Jul 2nd, 2026

Kestra Private Wealth Services LLC acquired a new stake in Hawaiian Electric Industries, Inc. (NYSE:HE – Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 57,207 shares of the utilities provider’s stock, valued at approximately $849,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its holdings in shares of Hawaiian Electric Industries by 37.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,682 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 737 shares during the last quarter. SBI Securities Co. Ltd. increased its holdings in Hawaiian Electric Industries by 9.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 9,523 shares of the utilities provider’s stock worth $117,000 after purchasing an additional 816 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in Hawaiian Electric Industries by 5.9% during the 4th quarter. Venturi Wealth Management LLC now owns 15,714 shares of the utilities provider’s stock worth $193,000 after purchasing an additional 871 shares in the last quarter. Federated Hermes Inc. raised its stake in shares of Hawaiian Electric Industries by 1.3% in the second quarter. Federated Hermes Inc. now owns 72,891 shares of the utilities provider’s stock worth $775,000 after purchasing an additional 910 shares during the last quarter. Finally, Xponance LLC raised its stake in shares of Hawaiian Electric Industries by 5.7% in the fourth quarter. Xponance LLC now owns 17,022 shares of the utilities provider’s stock worth $209,000 after purchasing an additional 918 shares during the last quarter. 59.91% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on HE. Wall Street Zen cut Hawaiian Electric Industries from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. Weiss Ratings cut Hawaiian Electric Industries from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, June 15th. Barclays cut their price objective on shares of Hawaiian Electric Industries from $14.00 to $13.00 and set an “equal weight” rating on the stock in a report on Thursday, June 25th. Finally, Zacks Research lowered shares of Hawaiian Electric Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 6th. Two investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $12.75.

Read Our Latest Stock Analysis on Hawaiian Electric Industries

Hawaiian Electric Industries Stock Performance

Shares of HE stock opened at $13.41 on Thursday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market cap of $2.31 billion, a price-to-earnings ratio of 18.12 and a beta of 0.49. Hawaiian Electric Industries, Inc. has a 52 week low of $10.45 and a 52 week high of $17.38. The firm’s 50-day simple moving average is $13.84 and its two-hundred day simple moving average is $14.38.

Hawaiian Electric Industries (NYSE:HE – Get Free Report) last released its 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). The company had revenue of $746.45 million for the quarter, compared to the consensus estimate of $746.45 million. Hawaiian Electric Industries had a net margin of 4.19% and a return on equity of 9.03%. As a group, equities analysts forecast that Hawaiian Electric Industries, Inc. will post 1.06 earnings per share for the current year.

Hawaiian Electric Industries Profile

(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.