HENYSEElectric ServicesFiscal year ends December 31
HAWAIIAN ELECTRIC INDUSTRIES INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$8.42−0.16 (-1.86%)
Close on Oct 19, 2026
- Market cap
- $1.46B
- P/E (TTM)
- 6.5
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
82.8%
143M of 173M shares
Institutional holders
337
39 new, 38 sold out
Net institutional buying
5M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Capital Management | 8,828,948 | 5.11% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 25,323,022 | 14.70% | 13G (passive) amendment | Mar 31, 2026 |
| Horizon Kinetics Asset Management LLC | 21,635,294 | 12.50% | 13G (passive) amendment | Mar 31, 2026 |
| Arena Holdings Management LLC | 10,554,877 | 6.10% | 13G (passive) | Dec 4, 2025 |
| Vanguard Portfolio Management | 10,323,574 | 5.98% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of HE | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 26,483,206 | 15.33% | $358.32M | +736,104 | 0.01% |
| Horizon Kinetics Asset Management LLC | 22,395,397 | 12.97% | $303.01M | +760,103 | 3.44% |
| Vanguard Portfolio Management LLC | 10,373,982 | 6.01% | $140.36M | +113,322 | 0.01% |
| Vanguard Capital Management LLC | 7,479,058 | 4.33% | $101.19M | +24,706 | 0.00% |
| State Street Corp | 7,181,312 | 4.16% | $97.16M | +364,551 | 0.00% |
| T. Rowe Price Investment Management, Inc. | 6,198,556 | 3.59% | $83.87K | −11,531 | 0.05% |
| Geode Capital Management, LLC | 4,335,526 | 2.51% | $58.67M | +248,195 | 0.00% |
| Quantinno Capital Management LP | 3,979,937 | 2.30% | $53.85M | +467,420 | 0.06% |
| Charles Schwab Investment Management Inc | 3,086,280 | 1.79% | $41.76M | −257,332 | 0.01% |
| Invesco Ltd. | 2,662,995 | 1.54% | $36.03M | +643,695 | 0.00% |
| Dimensional Fund Advisors LP | 2,574,951 | 1.49% | $34.84M | +11,243 | 0.01% |
| Morgan Stanley | 2,501,036 | 1.45% | $33.84M | −154,144 | 0.00% |
| Bank Of America Corp /De/ | 2,375,093 | 1.38% | $32.14M | −359,042 | 0.00% |
| Northern Trust Corp | 1,916,443 | 1.11% | $25.93M | +291,711 | 0.00% |
| Jupiter Asset Management Ltd | 1,804,720 | 1.04% | $24.42M | +1,606,702 | 0.12% |
| Goldman Sachs Group Inc | 1,552,999 | 0.90% | $21.01M | +38,696 | 0.00% |
| UBS Group AG | 1,378,357 | 0.80% | $18.65M | +372,395 | 0.00% |
| Principal Financial Group Inc | 1,338,368 | 0.77% | $18.11M | +48,263 | 0.01% |
| Mad River Investors | 1,321,850 | 0.77% | $17.88M | +4,800 | 6.67% |
| Vanguard Fiduciary Trust Co | 1,133,112 | 0.66% | $15.33M | +20,773 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 337 | 143M | 82.8% | 39 / 136 | 95 / 38 | 11M | 6M |
| Q1 2026 | 341 | 138M | 80.2% | 68 / 133 | 84 / 41 | 32M | 16M |
| Q4 2025 | 321 | 142M | 82.4% | 67 / 122 | 80 / 36 | 32M | 16M |
| Q3 2025 | 295 | 127M | 73.2% | 53 / 103 | 79 / 32 | 13M | 15M |
| Q2 2025 | 276 | 129M | 74.7% | 37 / 101 | 81 / 47 | 14M | 18M |
| Q1 2025 | 289 | 133M | 77.2% | 57 / 108 | 76 / 52 | 26M | 16M |
| Q4 2024 | 290 | 124M | 71.8% | 64 / 102 | 74 / 62 | 35M | 30M |
| Q3 2024 | 291 | 119M | 68.9% | 71 / 91 | 78 / 53 | 80M | 22M |
| Q2 2024 | 277 | 72M | 41.9% | 40 / 105 | 76 / 54 | 17M | 19M |
| Q1 2024 | 295 | 74M | 43.1% | 49 / 90 | 100 / 43 | 11M | 9M |
| Q4 2023 | 291 | 72M | 41.6% | 61 / 91 | 101 / 42 | 19M | 11M |
| Q3 2023 | 275 | 64M | 37.3% | 74 / 89 | 83 / 118 | 29M | 24M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of HE | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 10,402,588 | 6.02% | $140.75M | 0.13% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 5,200,150 | 3.01% | $70.36M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 4,315,980 | 2.50% | $58.40M | 0.07% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 3,757,857 | 2.18% | $50.84M | 0.03% | Jun 30, 2026 |
| Kinetics Paradigm Portfolio | 3,566,000 | 2.06% | $48.25M | 4.07% | Jun 30, 2026 |
| Horizon Kinetics Inflation Beneficiaries ETF | 3,358,274 | 1.94% | $45.44M | 3.08% | Jun 30, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 3,341,074 | 1.93% | $45.20M | 0.43% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 2,382,603 | 1.38% | $32.24M | 0.05% | Jun 30, 2026 |
| Kinetics Small Cap Opportunities Portfolio | 2,012,000 | 1.16% | $27.22M | 5.14% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,982,082 | 1.15% | $26.82M | 0.03% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,813,908 | 1.05% | $23.44M | 0.07% | Jul 31, 2026 |
| Invesco S&P SmallCap Momentum ETF | 1,761,450 | 1.02% | $22.76M | 0.75% | Jul 31, 2026 |
| Kinetics Market Opportunities Portfolio | 1,612,000 | 0.93% | $21.81M | 7.20% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 1,587,975 | 0.92% | $21.49M | 0.13% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 1,554,686 | 0.90% | $21.03M | 0.14% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Scott W.H. Seu | President & CEO, Director | 52,272 | 0.03% | Feb 24, 2026 |
| Paul K. Ito | EVP & CFO | 22,646 | 0.01% | Apr 2, 2026 |
| Shelee M.T. Kimura | Pres & CEO, Hawn Electric Co. | 28,279 | 0.02% | Feb 24, 2026 |
| Kurt K. Murao | EVP, GC & Chief Admin Officer | 37,867 | 0.02% | Feb 24, 2026 |
| W. James Scilacci | Director | 35,723 | 0.02% | Jul 2, 2026 |
| Micah A. Kane | Director | 41,515 | 0.02% | Jul 2, 2026 |
| Elisia Flores | Director | 33,996 | 0.02% | Jul 2, 2026 |
| Timothy E. Johns | Director | 72,406 | 0.04% | Jul 2, 2026 |
| Toby B. Taniguchi | Director | 25,733 | 0.01% | Jul 2, 2026 |
| James A. Ajello | Director | 61,482 | 0.04% | Jul 2, 2026 |
| Peggy Y. Fowler | Director | 73,126 | 0.04% | Jul 2, 2026 |
| Celeste Anne Connors | Director | 34,678 | 0.02% | Jul 2, 2026 |
| John C. Aquilino | Director | 17,861 | 0.01% | Jul 2, 2026 |
| Mary E. Kipp | Director | 23,355 | 0.01% | Jul 2, 2026 |
| Thomas B. Fargo | Director | 51,474 | 0.03% | Jul 2, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| James A. Ajello Director | Jun 30, 2026 | Award | +9,238 | – | – | 9,238 |
| Toby B. Taniguchi Director | Jun 30, 2026 | Award | +9,238 | – | – | 25,733 |
| Peggy Y. Fowler Director | Jun 30, 2026 | Award | +9,238 | – | – | 9,238 |
| Elisia Flores Director | Jun 30, 2026 | Award | +9,238 | – | – | 33,996 |
| Micah A. Kane Director | Jun 30, 2026 | Award | +9,238 | – | – | 41,515 |
| W. James Scilacci Director | Jun 30, 2026 | Award | +9,238 | – | – | 35,723 |
| Mary E. Kipp Director | Jun 30, 2026 | Award | +9,238 | – | – | 23,355 |
| Timothy E. Johns Director | Jun 30, 2026 | Award | +9,238 | – | – | 9,253 |
| John C. Aquilino Director | Jun 30, 2026 | Award | +9,238 | – | – | 17,861 |
| Celeste Anne Connors Director | Jun 30, 2026 | Award | +9,238 | – | – | 34,678 |
| Kurt K. Murao EVP, GC & Chief Admin Officer | Feb 20, 2026 | Tax withholding | −528 | $15.86 | $8.37K | 37,867 |
| Scott W.H. Seu President & CEO, Director | Feb 20, 2026 | Tax withholding | −1,583 | $15.86 | $25.11K | 52,043 |
| Shelee M.T. Kimura Pres & CEO, Hawn Electric Co. | Feb 20, 2026 | Tax withholding | −1,277 | $15.86 | $20.25K | 26,921 |
| Peggy Y. Fowler Director | Aug 13, 2025 | Gift | +11,759 | – | – | 63,888 |
| Peggy Y. Fowler Director | Aug 13, 2025 | Gift | −11,759 | – | – | 0 |
| Micah A. Kane Director | Jun 30, 2025 | Award | +11,759 | – | – | 32,277 |
| W. James Scilacci Director | Jun 30, 2025 | Award | +11,759 | – | – | 26,485 |
| Peggy Y. Fowler Director | Jun 30, 2025 | Award | +11,759 | – | – | 11,759 |
| Thomas B. Fargo Director | Jun 30, 2025 | Award | +11,759 | – | – | 11,759 |
| Elisia Flores Director | Jun 30, 2025 | Award | +11,759 | – | – | 24,758 |
| Celeste Anne Connors Director | Jun 30, 2025 | Award | +11,759 | – | – | 25,440 |
| Kurt K. Murao EVP, GC & Chief Admin Officer | Feb 21, 2025 | Tax withholding | −1,032 | $10.76 | $11.10K | 36,394 |
| Shelee M.T. Kimura Pres & CEO, Hawn Electric Co. | Feb 21, 2025 | Tax withholding | −2,780 | $10.76 | $29.91K | 28,196 |
| Scott W.H. Seu President & CEO, Director | Feb 21, 2025 | Tax withholding | −4,439 | $10.76 | $47.76K | 54,080 |
| Ann Teranishi Pres & CEO, Amer Savings Bank | May 24, 2024 | Tax withholding | −372 | $10.63 | $3.95K | 30,980 |
| Scott W.H. Seu President & CEO, Director | Feb 16, 2024 | Tax withholding | −7,768 | $13.10 | $101.76K | 60,185 |
| Ann Teranishi Pres & CEO, Amer Savings Bank | Feb 16, 2024 | Tax withholding | −6,581 | $13.10 | $86.21K | 39,478 |
| Shelee M.T. Kimura Pres & CEO, Hawn Electric Co. | Feb 16, 2024 | Tax withholding | −5,411 | $13.10 | $70.88K | 29,112 |
| Kurt K. Murao EVP, GC & Chief Admin Officer | Feb 16, 2024 | Tax withholding | −4,199 | $13.10 | $55.01K | 41,313 |
| Ann Teranishi Pres & CEO, Amer Savings Bank | Feb 9, 2024 | Award | +14,709 | – | – | 25,433 |
| Scott W.H. Seu President & CEO, Director | Feb 9, 2024 | Award | +9,894 | – | – | 35,533 |
| Kurt K. Murao EVP, GC & Chief Admin Officer | Feb 9, 2024 | Award | +6,088 | – | – | 32,018 |
| Shelee M.T. Kimura Pres & CEO, Hawn Electric Co. | Feb 9, 2024 | Award | +3,550 | – | – | 19,460 |
| Richard J. Dahl Director | Jun 30, 2023 | Award | +3,314 | – | – | 3,314 |
| Elisia Flores Director | Jun 30, 2023 | Award | +3,314 | – | – | 12,901 |
| Peggy Y. Fowler Director | Jun 30, 2023 | Award | +3,314 | – | – | 3,314 |
| Celeste Anne Connors Director | Jun 30, 2023 | Award | +3,314 | – | – | 13,681 |
| W. James Scilacci Director | Jun 30, 2023 | Award | +3,314 | – | – | 14,301 |
| Yoko Otani Director | Jun 30, 2023 | Award | +3,314 | – | – | 4,288 |
| Micah A. Kane Director | Jun 30, 2023 | Award | +3,314 | – | – | 20,238 |
| Michael J. Kennedy Director | Jun 30, 2023 | Award | +3,314 | – | – | 12,303 |
| Thomas B. Fargo Director | Jun 30, 2023 | Award | +3,314 | – | – | 3,314 |
| Micah A. Kane Director | Jun 12, 2023 | Gift | −660 | – | – | 16,924 |
| Ann Teranishi Pres & CEO, Amer Savings Bank | May 18, 2023 | Tax withholding | −523 | $35.99 | $18.82K | 22,176 |
| Ann Teranishi Pres & CEO, Amer Savings Bank | May 18, 2023 | Tax withholding | −523 | $35.99 | $18.82K | 22,759 |
| Keith P. Russell Director | Mar 8, 2023 | Sale | −10,000 | $39.21 | $392.10K | 23,447 |
| Paul K. Ito EVP, CFO & Treasurer | Feb 17, 2023 | Tax withholding | −1,535 | $42.30 | $64.93K | 11,643 |
| Ann Teranishi Pres & CEO, Amer Savings Bank | Feb 17, 2023 | Tax withholding | −1,731 | $42.30 | $73.22K | 15,432 |
| Shelee M.T. Kimura Pres & CEO, Hawn Electric Co. | Feb 17, 2023 | Tax withholding | −3,922 | $42.30 | $165.90K | 20,002 |
| Kurt K. Murao EVP, GC & Chief Admin Officer | Feb 17, 2023 | Tax withholding | −2,607 | $42.30 | $110.28K | 28,955 |
| Scott W.H. Seu President & CEO, Director | Feb 17, 2023 | Tax withholding | −7,605 | $42.30 | $321.69K | 31,597 |
| Shelee M.T. Kimura Pres & CEO, Hawn Electric Co. | Feb 10, 2023 | Award | +2,773 | – | – | 35,983 |
| Shelee M.T. Kimura Pres & CEO, Hawn Electric Co. | Feb 10, 2023 | Award | +8,135 | – | – | 33,210 |
| Paul K. Ito EVP, CFO & Treasurer | Feb 10, 2023 | Award | +1,876 | – | – | 25,914 |
| Paul K. Ito EVP, CFO & Treasurer | Feb 10, 2023 | Award | +11,200 | – | – | 24,038 |
| Scott W.H. Seu President & CEO, Director | Feb 10, 2023 | Award | +7,474 | – | – | 61,948 |
| Scott W.H. Seu President & CEO, Director | Feb 10, 2023 | Award | +15,140 | – | – | 54,474 |
| Shelee M.T. Kimura Pres & CEO, Hawn Electric Co. | Feb 10, 2023 | Award | +8,135 | – | – | 29,015 |
| Shelee M.T. Kimura Pres & CEO, Hawn Electric Co. | Feb 10, 2023 | Award | +2,773 | – | – | 31,778 |
| Ann Teranishi Pres & CEO, Amer Savings Bank | Feb 10, 2023 | Award | +629 | – | – | 24,887 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Keith P. Russell Director | May 17, 2023 | 12,000 | $441.38K | May 15, 2023 | Restricted Stock Vesting |