Hawaiian Electric Industries, Inc. (HE)

Hawaiian Electric Industries, Inc. (HE) stock has experienced a significant increase, with the share price at $13.66 as of January 8, 2026. Key events include earnings reports, wildfire litigation and settlements, asset sales and financing, and analyst ratings. The company reported its Third Quarter 2025 results on November 7, 2025, with a net income of $30.7 million or $0.18 per share. Hawaiian Electric reached a $47.75 million shareholder settlement related to the Maui wildfires on January 6, 2026. An HEI subsidiary sold solar and battery storage assets to Fortistar and Epic Star Energy in August 2025. As of January 11, 2026, Hawaiian Electric Industries has an average rating of "Hold" from analysts.

Electricity demand in Hawaii exhibits seasonality, generally increasing during summer months due to factors like longer air conditioner use. The electric company's peak demand typically occurs between 5-9 PM on weekdays in Hawaii. Hawaiian Electric utilizes programs like Fast Demand Response (DR) to manage high-demand periods and grid emergencies. The company's capacity planning criteria consider factors such as growth in customer demand over time and the possibility of higher than forecasted instantaneous peak demand.

Hawaiian Electric Industries, Inc. (HEI) operates as a holding company with core businesses in electric utility and financial services. It is the largest electricity supplier in Hawaii, providing power to approximately 95% of the state's population. The company generates electricity from diverse sources, including conventional and renewable energy, aiming for 100% clean energy by 2045. In 2023, 33.3% of the power handled by HEI was renewable. Through American Savings Bank, HEI also provides banking services and invests in non-regulated renewable energy and sustainable infrastructure.

Hawaiian Electric Industries, Inc. is headquartered in Honolulu, Hawaii, and its electric utility operations serve the islands of Oahu, Hawaii (the Big Island), Maui, Molokai, and Lanai. Hawaiian Electric Company serves Oahu, Hawai'i Electric Light Company serves the Big Island, and Maui Electric Company serves Maui, Lanai, and Molokai.

Hawaiian Electric Industries' brand reputation has been significantly impacted by the 2023 Maui wildfires, leading to extensive litigation and scrutiny. The company has been actively working with the state of Hawaii and stakeholders on Maui's recovery, including compensation for victims. Hawaiian Electric has been implementing enhanced wildfire safety measures, including the full deployment of weather stations and AI-assisted high-definition video cameras. HEI has been working to articulate a cohesive story about its leadership on environmental, social, and governance (ESG) matters.

Hawaiian Electric Industries, Inc. (HE) has a diverse ownership structure, with institutional investors holding approximately 72.57% of the company's shares. Major institutional owners include Horizon Kinetics Asset Management Llc, Vanguard Group Inc, and BlackRock, Inc. Individual investors own approximately 23.42% of the company, with Eva T. Zlotnicka being the largest individual shareholder. Insider ownership accounts for about 0.56% of the shares.