Pinnacle West Capital (PNW) News Today

SG Americas Securities LLC grew its position in Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 42.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,308 shares of the utilities provider's stock after acquiring an addi

Cetera Advisors LLC purchased a new position in Pinnacle West Capital Co. (NYSE:PNW - Free Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 7,612 shares of the utilities provider's stock, valued at approximately $5

Pinnacle West Capital Co. (NYSE:PNW - Get Free Report) has received an average recommendation of "Hold" from the twelve brokerages that are presently covering the company, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the com

StockNews.com upgraded Pinnacle West Capital from a "sell" rating to a "hold" rating in a report on Monday.

Boston Partners trimmed its holdings in shares of Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 5.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 95,714 shares of the utilities provider's stock after

Pinnacle West Capital (NYSE:PNW - Get Free Report) issued its earnings results on Thursday. The utilities provider reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates of $1.31 by $0.45. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.21 billion. Pinnacle West Capital had a net margin of 12.65% and a return on equity of 9.73%. Pinnacle West Capital's revenue for the quarter was up 15.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.94 earnings per share.

California State Teachers Retirement System decreased its holdings in Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 5.1% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 115,606 shares of the utilities provider's stock after selli

Wells Fargo & Company lifted their price target on Pinnacle West Capital from $80.00 to $87.00 and gave the stock an "equal weight" rating in a research note on Friday.

Pinnacle West Capital (NYSE:PNW) updated its FY 2024 earnings guidance. The company provided EPS guidance of 4.600-4.800 for the period, compared to the consensus estimate of 4.760.

Pinnacle West Capital (NYSE:PNW) Hits New 52-Week High at $86.90

Jacobs Levy Equity Management Inc. raised its stake in Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 5.1% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 641,865 shares of the utilities provider's stock after buying an additional 31,183 shares

Epoch Investment Partners Inc. decreased its holdings in Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 14.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 625,176 shares of the utilities provider's stock after selling 108,79

Advisors Asset Management Inc. lessened its holdings in shares of Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 36.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,955 shares of the utilities

Pinnacle West Capital (NYSE:PNW) Hits New 52-Week High at $85.00

Bessemer Group Inc. lifted its position in Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 11,315.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,730 shares of the utilities provider's stock aft

O Shaughnessy Asset Management LLC grew its holdings in shares of Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 20.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,503 shares of the utilities provi

Pinnacle West Capital Co. (NYSE:PNW - Free Report) - Equities research analysts at KeyCorp issued their Q2 2024 earnings per share estimates for Pinnacle West Capital in a research report issued on Sunday, July 21st. KeyCorp analyst S. Karp expects that the utilities provider will post earnings p

Intech Investment Management LLC purchased a new position in shares of Pinnacle West Capital Co. (NYSE:PNW - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 12,015 shares of the utilities provi

Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 52.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 83,124 shares of the utilities provider's

Sei Investments Co. grew its position in shares of Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 15.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 228,555 shares of the utilities provider's stock after purchasing an additional 30,9

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 6.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 226,974 shares of the utilities provider's stoc

Russell Investments Group Ltd. trimmed its holdings in shares of Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 5.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 425,793 shares of

Shares of Pinnacle West Capital Co. (NYSE:PNW - Get Free Report) have been assigned a consensus rating of "Hold" from the twelve analysts that are currently covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating and five have assigned a b

Susquehanna Fundamental Investments LLC acquired a new stake in shares of Pinnacle West Capital Co. (NYSE:PNW - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 171,604 shares of the utilities provider's

Sumitomo Mitsui Trust Holdings Inc. lowered its stake in shares of Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 36.6% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 36,400 shares of the utilities provider's stock after selling 21,052 shares durin

BNP Paribas Financial Markets reduced its stake in Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 41.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 115,749 shares of the utilities provider's stock after selling 82,156

StockNews.com cut Pinnacle West Capital from a "hold" rating to a "sell" rating in a research note on Tuesday.

Allspring Global Investments Holdings LLC increased its position in shares of Pinnacle West Capital Co. (NYSE:PNW - Free Report) by 148.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,944 shares of the utilities

Barclays decreased their target price on shares of Pinnacle West Capital from $81.00 to $78.00 and set an "overweight" rating for the company in a research report on Tuesday.