Integrated Investment Consultants LLC Makes New Investment in Pinnacle West Capital Corporation $PNW

Integrated Investment Consultants LLC bought a new position in shares of Pinnacle West Capital Corporation (NYSE:PNW) during the fourth quarter, Holdings Channel reports. The fund bought 11,800 shares of the utilities provider’s stock, valued at approximately $1,047,000.

A number of other institutional investors also recently bought and sold shares of PNW. CYBER HORNET ETFs LLC purchased a new stake in shares of Pinnacle West Capital in the 2nd quarter valued at approximately $27,000. Quent Capital LLC purchased a new stake in shares of Pinnacle West Capital in the 3rd quarter valued at approximately $30,000. MUFG Securities EMEA plc purchased a new stake in shares of Pinnacle West Capital in the 2nd quarter valued at approximately $32,000. Dorato Capital Management purchased a new stake in shares of Pinnacle West Capital in the 4th quarter valued at approximately $69,000. Finally, Brown Brothers Harriman & Co. raised its stake in shares of Pinnacle West Capital by 102.1% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 966 shares of the utilities provider’s stock valued at $87,000 after acquiring an additional 488 shares during the period. 91.51% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Pinnacle West Capital news, EVP Jacob Tetlow sold 6,567 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $99.00, for a total transaction of $650,133.00. Following the sale, the executive vice president owned 6,634 shares in the company, valued at $656,766. This represents a 49.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.19% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

PNW has been the topic of a number of research analyst reports. TD Cowen boosted their price target on shares of Pinnacle West Capital from $100.00 to $101.00 and gave the company a “hold” rating in a research note on Friday. BMO Capital Markets boosted their price target on shares of Pinnacle West Capital from $98.00 to $107.00 and gave the company a “market perform” rating in a research note on Thursday, February 26th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $103.00 price target on shares of Pinnacle West Capital in a research note on Friday, January 23rd. Weiss Ratings raised shares of Pinnacle West Capital from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 6th. Finally, Truist Financial initiated coverage on shares of Pinnacle West Capital in a research note on Monday, April 20th. They issued a “hold” rating and a $108.00 price target on the stock. Three analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $103.14.

Pinnacle West Capital Price Performance

Shares of PNW opened at $98.46 on Monday. The company has a market cap of $11.93 billion, a P/E ratio of 18.34, a PEG ratio of 3.61 and a beta of 0.46. Pinnacle West Capital Corporation has a fifty-two week low of $85.32 and a fifty-two week high of $104.92. The company has a quick ratio of 0.39, a current ratio of 0.60 and a debt-to-equity ratio of 1.38. The firm’s 50 day moving average price is $101.32 and its 200 day moving average price is $95.00.

Pinnacle West Capital (NYSE:PNW) last posted its quarterly earnings results on Monday, May 4th. The utilities provider reported $0.27 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.30. Pinnacle West Capital had a net margin of 11.99% and a return on equity of 9.27%. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the previous year, the firm posted ($0.04) earnings per share. The company’s quarterly revenue was up 11.4% compared to the same quarter last year. Pinnacle West Capital has set its FY 2026 guidance at 4.550-4.750 EPS. On average, research analysts forecast that Pinnacle West Capital Corporation will post 4.7 earnings per share for the current fiscal year.

Pinnacle West Capital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 4th will be paid a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Monday, May 4th. Pinnacle West Capital’s payout ratio is presently 67.78%.

Pinnacle West Capital Company Profile

Pinnacle West Capital Corporation is a publicly traded utility holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Arizona Public Service Company (APS), Pinnacle West generates, transmits and distributes electricity to more than one million residential, commercial and industrial customers across central and southern Arizona. The company’s regulated operations focus on delivering safe, reliable power while meeting evolving environmental standards.

The company’s diversified generation portfolio includes natural gas–fired plants, the nuclear-powered Palo Verde Generating Station—the largest nuclear facility in the United States by net output—plus growing investments in solar and battery storage projects.