Pinnacle West Capital
About: Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility that serves 1.4 million customers across a 35,000-square-mile territory in central Arizona, including Phoenix. APS owns or leases more than 6 gigawatts of power generation capacity, including a 29% ownership stake in one of the largest nuclear plants in the US, Palo Verde. Half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.
Employees: 6,403
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
52% more call options, than puts
Call options by funds: $12M | Put options by funds: $7.86M
30% more repeat investments, than reductions
Existing positions increased: 233 | Existing positions reduced: 179
12% more capital invested
Capital invested by funds: $9.56B [Q4 2024] → $10.7B (+$1.11B) [Q1 2025]
0% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 71
1% less funds holding
Funds holding: 611 [Q4 2024] → 606 (-5) [Q1 2025]
5.28% less ownership
Funds ownership: 99.24% [Q4 2024] → 93.96% (-5.28%) [Q1 2025]
33% less funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 4 (-2) [Q1 2025]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Morgan Stanley David Arcaro | 3%downside $87 | Equal-Weight Maintained | 22 May 2025 |
BMO Capital Edward DeArias | 6%upside $95 | Market Perform Initiated | 13 May 2025 |
Wells Fargo Sarah Akers | 9%upside $98 | Equal-Weight Maintained | 2 May 2025 |
Barclays Nicholas Campanella | 4%upside $94 | Equal-Weight Maintained | 1 Apr 2025 |
UBS Daniel Ford | 10%upside $99 | Neutral Maintained | 21 Mar 2025 |
Financial journalist opinion
