Pinnacle West Capital
About: Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility serving approximately 1.4 million customers across a 35,000-square-mile territory in central Arizona, including the Phoenix area. 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 Q2 regulatory disclosures by fund managers ($100M+ AUM)
137% more call options, than puts
Call options by funds: $13.5M | Put options by funds: $5.68M
40% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 58
27% more repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 190
4.01% more ownership
Funds ownership: 93.98% [Q1] → 97.98% (+4.01%) [Q2]
2% more funds holding
Funds holding: 610 [Q1] → 623 (+13) [Q2]
2% less capital invested
Capital invested by funds: $10.7B [Q1] → $10.5B (-$206M) [Q2]
75% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 1 (-3) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
UBS
Daniel Ford
|
$95
|
Neutral
Maintained
|
12 Sep 2025 |
Mizuho
Anthony Crowdell
|
$90
|
Neutral
Downgraded
|
9 Sep 2025 |
Barclays
Nicholas Campanella
|
$93
|
Equal-Weight
Maintained
|
13 Aug 2025 |
BMO Capital
Edward DeArias
|
$98
|
Market Perform
Maintained
|
7 Aug 2025 |
Keybanc
Jackson Ader
|
$100
|
Overweight
Maintained
|
16 Jul 2025 |
Financial journalist opinion
Based on 3 articles about PNW published over the past 30 days