R Squared Ltd Has $1.83 Million Position in Pinnacle West Capital Corporation $PNW

R Squared Ltd lifted its holdings in Pinnacle West Capital Corporation (NYSE:PNW) by 48.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,428 shares of the utilities provider’s stock after buying an additional 6,634 shares during the period. Pinnacle West Capital comprises approximately 0.8% of R Squared Ltd’s portfolio, making the stock its 18th biggest position. R Squared Ltd’s holdings in Pinnacle West Capital were worth $1,832,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of PNW. Brighton Jones LLC acquired a new stake in Pinnacle West Capital during the 4th quarter worth about $417,000. NewEdge Advisors LLC lifted its position in shares of Pinnacle West Capital by 999.1% in the first quarter. NewEdge Advisors LLC now owns 8,210 shares of the utilities provider’s stock worth $782,000 after purchasing an additional 7,463 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Pinnacle West Capital by 109.8% during the first quarter. Jones Financial Companies Lllp now owns 2,255 shares of the utilities provider’s stock worth $215,000 after purchasing an additional 1,180 shares during the period. Goldman Sachs Group Inc. grew its position in Pinnacle West Capital by 10.3% during the first quarter. Goldman Sachs Group Inc. now owns 441,047 shares of the utilities provider’s stock valued at $42,010,000 after purchasing an additional 41,173 shares in the last quarter. Finally, Empowered Funds LLC grew its position in Pinnacle West Capital by 12.8% during the first quarter. Empowered Funds LLC now owns 4,600 shares of the utilities provider’s stock valued at $438,000 after purchasing an additional 523 shares in the last quarter. Hedge funds and other institutional investors own 91.51% of the company’s stock.

Pinnacle West Capital Price Performance

NYSE PNW opened at $99.54 on Friday. Pinnacle West Capital Corporation has a fifty-two week low of $85.32 and a fifty-two week high of $100.65. The stock’s 50-day moving average is $92.93 and its two-hundred day moving average is $90.67. The firm has a market cap of $11.91 billion, a P/E ratio of 19.67, a price-to-earnings-growth ratio of 5.97 and a beta of 0.54. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.67 and a quick ratio of 0.49.

Pinnacle West Capital (NYSE:PNW) last released its quarterly earnings results on Wednesday, February 25th. The utilities provider reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.08. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.17 billion. Pinnacle West Capital had a return on equity of 8.86% and a net margin of 11.55%.The firm’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.06) EPS. Pinnacle West Capital has set its FY 2026 guidance at 4.550-4.750 EPS. On average, analysts anticipate that Pinnacle West Capital Corporation will post 5.13 earnings per share for the current fiscal year.

Pinnacle West Capital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Monday, February 2nd will be issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 3.7%. The ex-dividend date is Monday, February 2nd. Pinnacle West Capital’s dividend payout ratio (DPR) is 74.74%.

Trending Headlines about Pinnacle West Capital

Here are the key news stories impacting Pinnacle West Capital this week:

• Positive Sentiment: Pinnacle West beat quarterly EPS expectations ($0.13 vs. $0.05 consensus), turning a year-ago loss into positive earnings — a near-term fundamental catalyst. Pinnacle West posts quarterly profit
• Positive Sentiment: The company outlined a large investment program (about $7.95–8.0B through 2028) and is targeting 5–7% long‑term sales growth while advancing grid expansion — supportive for long‑term rate base and earnings growth. Pinnacle West Beats Q4 … to Invest $8B
• Positive Sentiment: Citigroup raised its price target to $109 (while keeping a Neutral rating), signaling improved analyst valuation that implies upside from current levels. Benzinga
• Neutral Sentiment: TD Cowen nudged its target up to $100 and maintained a Hold rating — a modest, largely neutral analyst action. Benzinga
• Neutral Sentiment: Full Q4 earnings materials and call transcripts/slide deck are available for investors doing deeper due diligence (useful but informational). Earnings presentation
• Negative Sentiment: FY‑2026 EPS guidance was set to $4.55–4.75, slightly below the consensus (~$4.80), which likely tempered upside after the quarter — investors often react negatively to any guidance shortfall. Press release / guidance
• Negative Sentiment: Revenue for the quarter (~$1.13B) missed the ~$1.17B consensus, and Wells Fargo’s updated $97 target still implies some downside versus current levels — a combination that can pressure the stock despite the EPS beat. Benzinga

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on PNW shares. TD Cowen lifted their target price on shares of Pinnacle West Capital from $97.00 to $100.00 and gave the company a “hold” rating in a research note on Thursday. Stifel Nicolaus set a $107.00 price objective on Pinnacle West Capital in a report on Thursday. BMO Capital Markets boosted their target price on Pinnacle West Capital from $98.00 to $107.00 and gave the company a “market perform” rating in a research note on Thursday. UBS Group upped their target price on Pinnacle West Capital from $94.00 to $95.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 17th. Finally, Citigroup lifted their price target on Pinnacle West Capital from $100.00 to $109.00 and gave the company a “neutral” rating in a report on Thursday. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $100.08.

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.