First Hawaiian, Inc. $FHB Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue lessened its position in shares of First Hawaiian, Inc. (NASDAQ:FHB) by 44.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,350 shares of the bank’s stock after selling 20,246 shares during the period. State of Alaska Department of Revenue’s holdings in First Hawaiian were worth $623,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Curated Wealth Partners LLC purchased a new position in shares of First Hawaiian during the 3rd quarter valued at $497,000. NorthCrest Asset Manangement LLC raised its position in shares of First Hawaiian by 29.4% in the third quarter. NorthCrest Asset Manangement LLC now owns 23,138 shares of the bank’s stock worth $578,000 after buying an additional 5,257 shares in the last quarter. Wedmont Private Capital purchased a new stake in shares of First Hawaiian in the third quarter worth $262,000. Elevation Wealth Partners LLC raised its position in shares of First Hawaiian by 121.0% in the third quarter. Elevation Wealth Partners LLC now owns 2,062 shares of the bank’s stock worth $51,000 after buying an additional 1,129 shares in the last quarter. Finally, Versant Capital Management Inc boosted its stake in First Hawaiian by 16.2% during the third quarter. Versant Capital Management Inc now owns 15,072 shares of the bank’s stock valued at $371,000 after buying an additional 2,100 shares during the period. 97.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

FHB has been the subject of a number of research analyst reports. Stephens upgraded First Hawaiian from an “equal weight” rating to an “overweight” rating and set a $33.00 price target for the company in a research report on Thursday, August 6th. Wall Street Zen lowered First Hawaiian from a “hold” rating to a “sell” rating in a report on Saturday. Barclays upped their price objective on shares of First Hawaiian from $28.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of First Hawaiian in a research note on Friday, October 2nd. Finally, Benchmark reaffirmed a “hold” rating on shares of First Hawaiian in a research note on Tuesday, July 14th. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $29.00.

First Hawaiian News Roundup

Here are the key news stories impacting First Hawaiian this week:

• Positive Sentiment: Third-quarter revenue reached $230.23 million, topping analyst expectations of $229.20 million. The result indicates that the bank’s underlying revenue generation remained resilient. Earnings Flash: First Hawaiian Reports Third-Quarter Revenue
• Positive Sentiment: Management declared a dividend alongside the third-quarter results, supporting the stock’s income appeal. First Hawaiian’s return on equity was 10.27%, while its net margin was 24.41%. First Hawaiian Reports Third-Quarter Results and Declares Dividend
• Positive Sentiment: An analyst review characterized Hawaii’s island economy as robust, providing a relatively supportive backdrop for First Hawaiian’s lending and banking operations. First Hawaiian Bank: Island Economy Remains Robust
• Neutral Sentiment: The third-quarter earnings call and related transcripts provide additional management commentary on credit quality, loan trends, expenses and outlook, but the supplied reports do not identify a specific new catalyst from the discussion. First Hawaiian Q3 2026 Earnings Call Transcript
• Negative Sentiment: Adjusted earnings were $0.52 per share, missing the roughly $0.59–$0.60 consensus estimate by $0.07–$0.08. EPS also declined from $0.59 in the year-earlier quarter, making the earnings shortfall the primary reason for the negative stock reaction. First Hawaiian Lags Third-Quarter Earnings Estimates

First Hawaiian Stock Down 3.0%

First Hawaiian stock opened at $25.34 on Friday. The company has a market capitalization of $3.08 billion, a PE ratio of 11.02, a P/E/G ratio of 1.35 and a beta of 0.76. The firm has a fifty day simple moving average of $25.51 and a two-hundred day simple moving average of $26.98. First Hawaiian, Inc. has a twelve month low of $23.26 and a twelve month high of $30.58.

First Hawaiian (NASDAQ:FHB) last posted its quarterly earnings results on Friday, October 23rd. The bank reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.07). First Hawaiian had a net margin of 24.41% and a return on equity of 10.27%. The business had revenue of $230.23 million for the quarter, compared to analysts’ expectations of $229.20 million. During the same quarter in the previous year, the company earned $0.59 earnings per share. As a group, equities analysts expect that First Hawaiian, Inc. will post 2.39 earnings per share for the current fiscal year.

First Hawaiian Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Monday, November 16th will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Monday, November 16th. First Hawaiian’s payout ratio is 45.22%.

First Hawaiian Company Profile

First Hawaiian, Inc is the parent company of First Hawaiian Bank, a regional financial institution headquartered in Honolulu, Hawaii. Founded in 1858, First Hawaiian Bank is the oldest bank in Hawaii and serves consumers, businesses, and government entities across the Pacific.

The bank provides a broad range of financial products and services, including checking and savings accounts, consumer and residential loans, commercial lending, credit cards, treasury management, investment and wealth management services, and online and mobile banking.