First Hawaiian (NASDAQ:FHB) Sees Large Volume Increase – What’s Next?

First Hawaiian, Inc. (NASDAQ:FHB) saw an uptick in trading volume on Tuesday . Approximately 1,411,020 shares traded hands during mid-day trading, a decline of 16% from the previous session’s volume of 1,681,465 shares.The stock last traded at $28.8020 and had previously closed at $29.14.

More First Hawaiian News

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

• Positive Sentiment: First Hawaiian announced a $2.01 billion all-stock acquisition of TriCo Bancshares, giving FHB a bigger California presence and a broader growth story. Article Title
• Positive Sentiment: The company said the combination creates a stronger Pacific banking franchise with improved deposit platforms and accelerated mainland expansion. Article Title
• Neutral Sentiment: First Hawaiian also reiterated that it expects to report preliminary second-quarter 2026 results around the same time, keeping attention on near-term earnings execution. Article Title
• Negative Sentiment: An investor-rights law firm said it is investigating whether First Hawaiian shareholders are getting a fair price, which could add headline risk around the transaction. Article Title

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of First Hawaiian in a report on Monday, July 6th. Wells Fargo & Company raised their price objective on First Hawaiian from $26.00 to $28.00 and gave the stock an “underweight” rating in a research report on Monday, July 6th. Barclays upped their target price on First Hawaiian from $28.00 to $30.00 and gave the company an “equal weight” rating in a report on Tuesday, July 7th. TD Cowen raised their price target on shares of First Hawaiian from $28.00 to $29.00 and gave the stock a “hold” rating in a report on Tuesday, April 28th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of First Hawaiian from $27.00 to $31.00 and gave the company an “underweight” rating in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, First Hawaiian has a consensus rating of “Reduce” and an average target price of $29.25.

First Hawaiian Stock Down 2.2%

The business has a 50-day moving average of $28.02 and a 200-day moving average of $26.66. The stock has a market cap of $3.47 billion, a price-to-earnings ratio of 12.51, a PEG ratio of 1.66 and a beta of 0.72.

First Hawaiian (NASDAQ:FHB) last issued its earnings results on Friday, April 24th. The bank reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.02. First Hawaiian had a return on equity of 10.39% and a net margin of 24.44%.The company had revenue of $220.35 million for the quarter, compared to analyst estimates of $223.59 million. During the same period in the prior year, the firm posted $0.47 EPS. Equities analysts anticipate that First Hawaiian, Inc. will post 2.35 earnings per share for the current year.

First Hawaiian Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were paid a $0.26 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $1.04 annualized dividend and a dividend yield of 3.6%. First Hawaiian’s payout ratio is presently 45.61%.

Hedge Funds Weigh In On First Hawaiian

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FHB. Elevation Wealth Partners LLC lifted its stake in First Hawaiian by 378.5% in the second quarter. Elevation Wealth Partners LLC now owns 933 shares of the bank’s stock valued at $27,000 after acquiring an additional 738 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new position in shares of First Hawaiian during the 4th quarter valued at $26,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of First Hawaiian by 2,916.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,086 shares of the bank’s stock valued at $27,000 after purchasing an additional 1,050 shares in the last quarter. Global Retirement Partners LLC raised its holdings in shares of First Hawaiian by 45.7% during the 4th quarter. Global Retirement Partners LLC now owns 1,702 shares of the bank’s stock valued at $43,000 after purchasing an additional 534 shares in the last quarter. Finally, Eagle Bay Advisors LLC acquired a new stake in shares of First Hawaiian in the 4th quarter valued at $46,000. Institutional investors own 97.63% of the company’s stock.

First Hawaiian Company Profile

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.