BlackRock Inc. Increases Stake in Hawaiian Electric Industries Inc to 14.7%

BlackRock, Inc. filed a Schedule 13G/A on April 24, 2026, reporting a significant increase in its position in Hawaiian Electric Industries Inc (HE). As of the event date on March 31, 2026, BlackRock beneficially owns 25,323,022 shares of common stock, representing a 14.7% ownership stake in the company. This filing marks an amendment (Amendment No. 5) to previous disclosures, highlighting a substantial rise from a reported 0.0% ownership in the provided historical data context. Of the total shares held, BlackRock reports sole voting power over 25,064,158 shares and sole dispositive power over the full 25,323,022 shares. The filing notes that the iShares Core S&P Small-Cap ETF specifically holds an interest exceeding 5% of the total outstanding common stock. The securities were acquired in the ordinary course of business, without the intent to change or influence the control of the issuer. This major accumulation by a leading institutional investor underscores a strengthened conviction in the Honolulu-based utility company.