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)
52% more call options, than puts
Call options by funds: $7.69M | Put options by funds: $5.06M
38% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 58
27% more repeat investments, than reductions
Existing positions increased: 240 | Existing positions reduced: 189
3.95% more ownership
Funds ownership: 93.97% [Q1] → 97.93% (+3.95%) [Q2]
2% more funds holding
Funds holding: 609 [Q1] → 619 (+10) [Q2]
2% less capital invested
Capital invested by funds: $10.7B [Q1] → $10.5B (-$210M) [Q2]
75% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 1 (-3) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Barclays Nicholas Campanella | 3%upside $93 | Equal-Weight Maintained | 13 Aug 2025 |
BMO Capital Edward DeArias | 9%upside $98 | Market Perform Maintained | 7 Aug 2025 |
Keybanc Jackson Ader | 11%upside $100 | Overweight Maintained | 16 Jul 2025 |
UBS Daniel Ford | 9%upside $98 | Neutral Maintained | 11 Jul 2025 |
Financial journalist opinion
Based on 8 articles about PNW published over the past 30 days
