First Hawaiian (NASDAQ:FHB) Hits New 12-Month High – Here’s Why

09 Jun 2026, 14:10 by Teresa Graham · The Cerbat Gem

First Hawaiian, Inc. (NASDAQ:FHB – Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $28.49 and last traded at $28.2860, with a volume of 144783 shares trading hands. The stock had previously closed at $27.54.

Wall Street Analysts Forecast Growth

A number of research firms have commented on FHB. Wall Street Zen downgraded shares of First Hawaiian from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Stephens set a $28.00 price objective on shares of First Hawaiian in a report on Monday, April 27th. Wells Fargo & Company lifted their price objective on shares of First Hawaiian from $24.00 to $26.00 and gave the stock an “underweight” rating in a report on Monday, March 30th. JPMorgan Chase & Co. decreased their target price on shares of First Hawaiian from $29.00 to $25.00 and set an “underweight” rating for the company in a report on Wednesday, April 1st. Finally, Weiss Ratings raised shares of First Hawaiian from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 9th. One analyst has rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, First Hawaiian has a consensus rating of “Reduce” and a consensus price target of $27.56.

Read Our Latest Stock Report on First Hawaiian

First Hawaiian Stock Performance

The company’s 50-day moving average is $26.59 and its 200 day moving average is $26.03. The company has a market capitalization of $3.38 billion, a PE ratio of 12.20, a P/E/G ratio of 2.01 and a beta of 0.74.

First Hawaiian (NASDAQ:FHB – Get Free Report) last released its quarterly earnings results on Friday, April 24th. The bank reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.02. The firm had revenue of $220.35 million during the quarter, compared to analysts’ expectations of $223.59 million. First Hawaiian had a net margin of 24.44% and a return on equity of 10.39%. During the same period in the previous year, the company earned $0.47 EPS. On average, analysts forecast that First Hawaiian, Inc. will post 2.33 EPS for the current fiscal year.

First Hawaiian Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Monday, May 18th were paid a dividend of $0.26 per share. The ex-dividend date was Monday, May 18th. 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 Investors Weigh In On First Hawaiian

Several institutional investors and hedge funds have recently made changes to their positions in FHB. Elo Mutual Pension Insurance Co boosted its holdings in First Hawaiian by 94.2% in the 3rd quarter. Elo Mutual Pension Insurance Co now owns 51,139 shares of the bank’s stock valued at $1,270,000 after purchasing an additional 24,805 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of First Hawaiian by 409.2% in the fourth quarter. SG Americas Securities LLC now owns 89,506 shares of the bank’s stock worth $2,265,000 after acquiring an additional 71,927 shares during the last quarter. Oak Thistle LLC acquired a new stake in First Hawaiian during the 4th quarter worth approximately $1,243,000. Vanguard Group Inc. raised its stake in shares of First Hawaiian by 2.5% in 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. Finally, Ruffer LLP acquired a new stake in shares of First Hawaiian in the fourth quarter valued at about $3,028,000. 97.63% of the stock is currently owned by institutional investors and hedge funds.

First Hawaiian Company Profile

(Get Free Report)

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.