First Hawaiian (NASDAQ:FHB) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of First Hawaiian (NASDAQ:FHB) from a sell rating to a hold rating in a research note issued to investors on Saturday.

A number of other research analysts have also recently commented on FHB. Wells Fargo & Company raised their price target on First Hawaiian from $26.00 to $28.00 and gave the company an “underweight” rating in a research report on Monday, July 6th. Piper Sandler lifted their price target on First Hawaiian from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 14th. TD Cowen upped their price objective on First Hawaiian from $28.00 to $29.00 and gave the stock a “hold” rating in a report on Tuesday, April 28th. Barclays increased their price objective on First Hawaiian from $28.00 to $30.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 7th. Finally, JPMorgan Chase & Co. raised their price objective on First Hawaiian from $27.00 to $31.00 and gave the company an “underweight” rating in a report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $29.25.

First Hawaiian Price Performance

Shares of NASDAQ:FHB opened at $28.11 on Friday. The company’s fifty day moving average price is $28.37 and its 200-day moving average price is $26.85. The firm has a market capitalization of $3.42 billion, a price-to-earnings ratio of 12.22, a PEG ratio of 1.53 and a beta of 0.72. First Hawaiian has a one year low of $22.65 and a one year high of $30.58.

First Hawaiian (NASDAQ:FHB) last posted its quarterly earnings data on Friday, July 24th. The bank reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.02. First Hawaiian had a net margin of 24.44% and a return on equity of 10.39%. The firm had revenue of $231.27 million for the quarter, compared to analysts’ expectations of $227.77 million. During the same quarter last year, the company posted $0.58 EPS. As a group, equities research analysts expect that First Hawaiian will post 2.38 EPS for the current year.

First Hawaiian Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 17th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $1.04 annualized dividend and a dividend yield of 3.7%. First Hawaiian’s dividend payout ratio (DPR) is currently 45.61%.

Institutional Trading of First Hawaiian

Several hedge funds have recently added to or reduced their stakes in FHB. Oak Thistle LLC purchased a new position in shares of First Hawaiian in the fourth quarter worth about $1,243,000. SG Americas Securities LLC lifted its stake in shares of First Hawaiian by 409.2% in the 4th quarter. SG Americas Securities LLC now owns 89,506 shares of the bank’s stock valued at $2,265,000 after acquiring an additional 71,927 shares during the last quarter. Vanguard Group Inc. boosted its holdings in First Hawaiian by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 14,457,575 shares of the bank’s stock valued at $365,777,000 after acquiring an additional 358,632 shares during the period. Ruffer LLP purchased a new stake in First Hawaiian during the 4th quarter valued at about $3,028,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in First Hawaiian during the 4th quarter worth approximately $979,000. 97.63% of the stock is owned by institutional investors.

First Hawaiian News Summary

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

• Positive Sentiment: First Hawaiian reported second-quarter 2026 EPS of $0.60, ahead of the $0.58 consensus estimate, with revenue of $231.27 million also topping expectations; management also described the quarter as strong and declared a dividend. Article Title
• Positive Sentiment: The company’s earnings call transcript and analyst coverage suggest the quarter largely matched or slightly exceeded Wall Street’s key metrics, reinforcing that operating performance remains stable. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful short position change, so it does not appear to be driving the stock move. Article Title
• Negative Sentiment: A class-action firm announced it is investigating First Hawaiian in connection with the merger, which may create a modest legal overhang for shares. Article Title

About First Hawaiian

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.