HEI price target increased

What happened: Hawaiian Electric Industries (HE) stock price broke below its 200-day moving average on June 27, trading as low as $13.38, a 1.6% daily decline. Meanwhile, HEICO Corporation (HEI), a different entity, saw its price target increased by UBS to $390 from $371, maintaining a Neutral rating. Brown Advisory, in their first-quarter 2026 letter, highlighted HEI as a good investment.

Market impact: The decline in HE stock may signal a shift in investor sentiment towards utilities, potentially affecting other regional utility stocks. Conversely, the price target increase and positive sentiment around HEI indicate growing confidence in the aerospace sector, which could benefit related companies.

What to watch next: Investors should monitor HE's earnings report on August 3 to gauge the company's performance and any potential impact on other utilities. For HEI, the upcoming second-quarter earnings on July 28 will provide insights into the aerospace sector's health. Additionally, keep an eye on HEI's ex-dividend date on July 1, which could influence its stock price.