Perigon Wealth Management LLC Takes Position in Bank of Hawaii Corporation $BOH

Key Points

• Perigon Wealth Management purchased 16,090 Bank of Hawaii shares worth approximately $1.31 million in the second quarter. Institutional investors collectively own 82.18% of the company.
• Analyst sentiment remains cautious: Bank of Hawaii has a consensus “Hold” rating and an average price target of $85, compared with the stock’s reported price of $79.14.
• The bank reported quarterly EPS of $1.47, slightly above estimates, and declared a quarterly dividend of $0.70 per share, representing a 3.5% annualized yield.

Perigon Wealth Management LLC purchased a new stake in Bank of Hawaii Corporation (NYSE:BOH - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 16,090 shares of the bank's stock, valued at approximately $1,311,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. J.Safra Asset Management Corp acquired a new position in Bank of Hawaii during the second quarter worth about $1,245,000. Global Retirement Partners LLC purchased a new position in Bank of Hawaii in the second quarter valued at about $34,000. Bank of New York Mellon Corp acquired a new stake in shares of Bank of Hawaii during the 2nd quarter valued at approximately $37,864,000. Handelsbanken Fonder AB lifted its position in shares of Bank of Hawaii by 26.5% during the 2nd quarter. Handelsbanken Fonder AB now owns 18,137 shares of the bank's stock valued at $1,478,000 after acquiring an additional 3,800 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of Bank of Hawaii by 34.8% during the 2nd quarter. GAMMA Investing LLC now owns 3,667 shares of the bank's stock valued at $299,000 after acquiring an additional 946 shares during the period. Institutional investors and hedge funds own 82.18% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Wall Street Zen cut Bank of Hawaii from a "hold" rating to a "sell" rating in a report on Saturday, April 25th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Bank of Hawaii in a report on Friday, July 24th. DA Davidson boosted their target price on Bank of Hawaii from $80.00 to $85.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 28th. Keefe, Bruyette & Woods lowered their target price on Bank of Hawaii from $95.00 to $92.00 and set an "outperform" rating on the stock in a report on Monday, August 3rd. Finally, Stephens cut Bank of Hawaii from an "overweight" rating to an "equal weight" rating and set a $85.00 price target for the company. in a research report on Thursday, August 6th. Two equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $85.00.

Bank of Hawaii Stock Down 0.9%

BOH stock opened at $79.14 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.70 and a quick ratio of 0.70. The company's 50 day simple moving average is $81.02 and its 200-day simple moving average is $78.24. Bank of Hawaii Corporation has a 12 month low of $59.36 and a 12 month high of $86.31. The firm has a market capitalization of $3.12 billion, a PE ratio of 14.76, a P/E/G ratio of 0.91 and a beta of 0.71.

Bank of Hawaii (NYSE:BOH - Get Free Report) last issued its quarterly earnings data on Monday, July 27th. The bank reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $0.01. Bank of Hawaii had a return on equity of 15.72% and a net margin of 21.84%.The firm had revenue of $196.90 million during the quarter, compared to the consensus estimate of $199.51 million. During the same period in the previous year, the firm posted $1.06 EPS. Equities analysts expect that Bank of Hawaii Corporation will post 5.91 earnings per share for the current fiscal year.

Bank of Hawaii Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $2.80 annualized dividend and a yield of 3.5%. Bank of Hawaii's dividend payout ratio (DPR) is presently 52.24%.

Key Stories Impacting Bank of Hawaii

Here are the key news stories impacting Bank of Hawaii this week:

• Positive Sentiment: Zacks raised its EPS forecasts across several periods, including Q3 2026 to $1.52 from $1.45, fiscal 2026 to $5.78 from $5.69, fiscal 2027 to $6.20 from $6.01, and fiscal 2028 to $6.28 from $6.27. Estimates for Q1 2027, Q2 2027, Q3 2027, Q1 2028 and Q2 2028 were also increased. The revisions suggest improving expectations for Bank of Hawaii’s earnings trajectory.
• Neutral Sentiment: The current-year consensus EPS estimate remains $5.88, meaning the revised $5.78 fiscal 2026 forecast is still below consensus. Most of the upgrades concern future quarters and years, which could limit their immediate effect on investor sentiment.
• Neutral Sentiment: A separate report reviews the factors that drove Bank of Hawaii’s 2025 earnings higher, but the available headline provides no additional details about revenue, credit quality, net interest income or expenses. What Drove Bank of Hawaii 2025 Earnings Higher?

Insider Buying and Selling at Bank of Hawaii

In other news, insider Marco A. Abbruzzese sold 2,441 shares of the company's stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $81.59, for a total value of $199,161.19. The sale was disclosed in a filing with the SEC, which is available through this link. 1.97% of the stock is currently owned by company insiders.

Bank of Hawaii Profile

Bank of Hawaii NYSE: BOH is a regional commercial bank headquartered in Honolulu, Hawaii, with roots tracing back to its founding in 1897 by Charles Montague Cooke and Peter Cushman Jones. As one of the oldest financial institutions in the U.S. West Coast region, the bank has built a reputation for stability and community focus. It operates as the principal subsidiary of Bank of Hawaii Corporation, a publicly traded company on the New York Stock Exchange.

The bank offers a comprehensive suite of personal and business banking products and services.

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