SCHEDULE: Zimmer Partners Discloses 2.2% Stake in Hawaiian Electric

Zimmer Partners and affiliates report a 2.2% beneficial ownership stake in Hawaiian Electric Industries, Inc. through a Schedule 13G/A filing.

Summary

• Zimmer Partners, LP, Zimmer Financial Services Group LLC, Zimmer Partners GP, LLC, and Stuart J. Zimmer collectively reported beneficial ownership of 3,825,214 shares of Hawaiian Electric Industries, Inc. Common Stock.
• This ownership represents approximately 2.2% of the outstanding shares of Common Stock.
• The percentage was calculated based on 172,611,853 shares of Common Stock outstanding as of June 30, 2025, as reported in the Issuer's Form 10-Q filed on August 7, 2025.
• The reporting persons hold shared voting power and shared dispositive power over all 3,825,214 shares.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would significantly alter the perceived sentiment towards the company's operational or financial performance. The stated purpose of the holding is for ordinary course of business, not control.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of beneficial ownership by an investment manager, Zimmer Partners, in a utility company, Hawaiian Electric Industries. It reflects an investment position rather than a strategic industry move or operational update.

Key Dates

Keywords

Hawaiian Electric Industries, HEI, Zimmer Partners, Beneficial Ownership, Schedule 13G, Investment Management, Common Stock