Newport Trust Company LLC Has $41.79 Million Stock Holdings in Pinnacle West Capital Corporation $PNW
Newport Trust Company LLC maintained a significant stake in Pinnacle West Capital Corporation ($PNW), holding 471,080 shares valued at $41.79 million, despite reducing its position by 3.0% in Q4. Analyst sentiment for PNW is currently "Hold" with a consensus price target of $102.71. The utility provider surpassed Q1 earnings expectations, reporting $0.27 EPS on $1.15 billion in revenue, and declared a quarterly dividend of $0.91 per share, yielding 3.6% annualized.
New Mexico regulators scrutinize Blackstone-TXNM stock trade in merger review
New Mexico regulators are investigating a $400 million stock purchase by Blackstone in TXNM Energy, a transaction that occurred before full regulatory approval of Blackstone's $11.5 billion acquisition of TXNM. Consumer and renewable energy advocates, along with the state attorney general, argue this early stake gave Blackstone an unfair advantage and may have circumvented state utility law, jeopardizing the larger merger. Blackstone and TXNM maintain the stock sale was compliant and separate from the merger, but the controversy highlights tensions over state regulatory authority in utility acquisitions.
Do Wall Street Analysts Like Pinnacle West Stock?
Pinnacle West Capital Corporation (PNW) has underperformed the broader market over the past 52 weeks but has outpaced the S&P 500 year-to-date and outperformed the utilities ETF. The company reported strong Q1 2026 results driven by higher revenues and customer growth, and analysts have a "Moderate Buy" consensus rating with a mean price target exceeding current levels.
More storage agreements in the United States: Grenergy signs a 400 GWh/year PPA with Georgia Power
Grenergy has secured a significant Power Purchase Agreement (PPA) with Georgia Power in the United States. This agreement is for 400 GWh/year of energy storage. The deal highlights the growing demand for storage solutions in the US energy market.
Morgan Stanley Adjusts Price Target on Pinnacle West Capital to $92 From $98, Maintains Equalweight Rating
Morgan Stanley has lowered its price target for Pinnacle West Capital (NYSE: PNW) to $92 from $98, while continuing to maintain an Equalweight rating on the stock. This adjustment reflects the analyst's revised outlook for the company's valuation.
PNW SEC Filings - Pinnacl West Cap 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for Pinnacl West Cap (PNW) SEC filings, including annual, quarterly, and material event reports, as well as insider trading forms. It highlights recent filings from February 2026, detailing the company's 2025 financial performance, power mix, and various insider equity transactions. The reports cover earnings, operational outlook, RSU exercises, and tax withholdings by executives.
Atmos Energy Corp. stock (US0495601058): Dividend hike and earnings keep US gas utility in focus
Atmos Energy Corp. recently increased its quarterly dividend and reported strong fiscal second-quarter earnings, drawing the attention of income-oriented investors. The company operates as a regulated natural gas utility in the US, providing predictable revenues by investing in infrastructure and passing costs to consumers, making it a stable choice for investors despite regulatory and operational risks. Its business model focuses on capital investments and stable demand, appealing to those seeking earnings visibility and dividend stability in the utilities sector.
Wells Fargo Keeps Their Buy Rating on DTE Energy (DTE)
Wells Fargo analyst Shahriar Pourreza maintained a Buy rating on DTE Energy (DTE) with a $160 price target following the company's Q1 earnings report, which showed $5.14 billion in revenue and $247 million net profit. Despite negative insider sentiment due to increased selling activity, other firms like Truist Financial also issued a Buy rating, contrasting with J.P. Morgan's Hold rating.
Pinnacle West Capital Corporation $PNW Shares Bought by DNB Asset Management AS
DNB Asset Management AS significantly increased its stake in Pinnacle West Capital Corporation, acquiring an additional 17,037 shares. This comes as insider Jacob Tetlow sold a substantial portion of his holdings. The company recently reported strong quarterly earnings, surpassing analyst expectations, and analysts currently rate the stock as a "Hold."
Pinnacle West Capital Corp. stock outperforms competitors on strong trading day
Pinnacle West Capital Corp. (PNW) shares rose 1.74% to $101.50 on Tuesday, outperforming the broader market despite a poor trading session where the S&P 500 Index and Dow Jones Industrial Average both declined. This marks the stock's second consecutive day of gains.
Nebraska approves Black Hills-NorthWestern Energy merger
The Nebraska Public Service Commission has approved the merger between Black Hills Corp. and NorthWestern Energy Group, Inc., making Nebraska the first state to greenlight the deal. The companies aim to form one regional electric and natural gas utility, promising no changes to customer service or rates and no recovery of merger costs from Nebraska ratepayers. The merger still requires approval from Montana, South Dakota, and federal regulators.
Wells Fargo Sticks to Its Buy Rating for Constellation Energy Corporation (CEG)
Wells Fargo analyst Shahriar Pourreza maintained a Buy rating for Constellation Energy Corporation (CEG) with a price target of $516.00. This comes after CEG reported a quarterly revenue of $6.07 billion and a net profit of $432 million in its latest earnings release. Other analysts have also issued ratings, with BMO Capital giving a Buy and Mizuho Securities maintaining a Hold.
Pinnacle West Capital shareholders elect directors and approve proposals at annual meeting
Pinnacle West Capital Corporation (NYSE:PNW) shareholders elected all ten director nominees for one-year terms and approved an advisory vote on executive compensation during their annual meeting on May 14. Additionally, Deloitte & Touche LLP was ratified as the independent accountant for the fiscal year ending December 31, 2026. The company recently reported strong Q1 2026 earnings with an EPS of $0.27, significantly exceeding forecasts.
Pinnacle West (NYSE: PNW) investors approve directors, pay and Deloitte as auditor
Pinnacle West Capital Corporation announced the results of its Annual Meeting of Shareholders held on May 14, 2026. Shareholders elected all ten nominated directors, approved executive compensation in an advisory vote, and ratified Deloitte & Touche LLP as the independent accountant for 2026, demonstrating strong investor support for the company's management and governance. The voting tallies show overwhelming approval for all three proposals, with high percentages of "for" votes for directors, executive pay, and the auditor appointment.
DTE’s 1-GW Clean Power Bid Puts Michigan Developers on the Clock
DTE Energy has launched a request for proposals for 1,000 megawatts of new wind and solar power in Michigan, aiming for projects to be online by the end of 2029. This initiative is part of DTE's broader CleanVision Integrated Resource Plan to meet Michigan's escalating renewable energy mandates, targeting 5,400 MW from solar and wind and 780 MW of storage by 2032. The utility is also pursuing significant standalone energy storage solutions, with a separate RFP for 480 MW of storage by early 2029.
Wells Fargo Sticks to Its Buy Rating for Constellation Energy Corporation (CEG)
Wells Fargo analyst Shahriar Pourreza maintained a Buy rating on Constellation Energy Corporation (CEG) with a price target of $516.00. This follows Constellation Energy reporting a quarterly revenue of $6.07 billion and a net profit of $432 million for the quarter ending March 31. Other analysts by BMO Capital also issued a Buy rating, while Mizuho Securities maintained a Hold rating.
Pinnacle West (PNW) director awarded 1,665 deferred stock units
Pinnacle West Capital Corp director James E. Trevathan Jr. was granted 1,665 deferred stock units, which are economically equivalent to one share of PNW common stock each. These units vested on May 14, 2026, and their settlement in common shares will be deferred until after Trevathan's separation from the company. This transaction was reported in a Form 4 filing and represents equity-based compensation aligning the director's interest with the company's long-term performance.
Director at Pinnacle West (NYSE: PNW) receives 1,665 stock units
Pinnacle West Capital Corp director Gonzalo A. de la Melena Jr. was granted 1,665 stock units, which are equivalent to shares of Pinnacle West common stock. These units vested on May 14, 2026, and will be settled in common stock, though Melena Jr. elected to defer settlement until two years after his separation from the company. This transaction is considered a compensation award rather than an open-market trade.
Pinnacle West (NYSE: PNW) director granted 1,665 stock units
Pinnacle West Capital Corp. director Susan T. Flanagan was granted 1,665 stock units as compensation, which vested on May 14, 2026, and will be settled in common shares upon her separation from the company. Following this transaction, Flanagan directly holds 1,665 stock units. The grant is detailed in a Form 4 SEC filing, indicating a neutral impact and sentiment on the company's stock.
Pinnacle West (NYSE: PNW) director granted 1,665 common shares in Form 4 filing
Pinnacle West Capital director Paula J. Sims was granted 1,665 shares of common stock on May 14, 2026, as a compensation-related award, valued at $99.77 per share. This transaction was reported in a Form 4 filing, indicating she now directly owns 11,032 common shares after the grant. The filing specifies this was a non-derivative acquisition and not an open-market purchase or sale.
Pinnacle West (PNW) director awarded 1,665 shares of common stock at $99.77
Pinnacle West Capital director William H. Spence was awarded 1,665 shares of Common Stock at $99.77 per share on May 14, 2026, as a compensation-related grant. Following this transaction, his direct holdings in the company increased to 6,291 shares. The Form 4 filing indicates that this was not an open-market purchase but an acquisition as compensation.
Pinnacle West (NYSE: PNW) director awarded 1,665 stock units
Pinnacle West Capital Corp director Kristine L. Svinicki was granted 1,665 Stock Units, which are economically equivalent to one share of common stock each. These units vested on May 14, 2026, and Svinicki elected to defer their settlement until her separation from the company. Post-transaction, she directly holds 1,665 Stock Units.
Director at Pinnacle West (NYSE: PNW) awarded 1,665 deferred stock units
Pinnacle West Capital Corp director Glynnis Bryan was awarded 1,665 deferred stock units, which are economically equivalent to common shares. These units vested on May 14, 2026, and will be settled in common shares after Bryan's separation from service, based on a deferral election. This transaction is considered a grant or award acquisition rather than a market trade, and the units were awarded at a price of $0.00 per unit as director compensation.
Pinnacle West Capital Corp. stock outperforms competitors on strong trading day
Pinnacle West Capital Corp. stock (PNW) rose 1.38% to $99.76 on Monday, outperforming the S&P 500 Index which slightly fell, but trailing the Dow Jones Industrial Average which rose. The company's stock closed 4.92% below its 52-week high.
Executive VP & Chief Operating Officer of APS Of Pinnacle West Capital Sold 42% Of Their Shares
Jacob Tetlow, Executive VP & Chief Operating Officer of APS of Pinnacle West Capital, recently sold shares worth approximately US$650k, reducing his holding by 42%. While this was the largest insider sale in the last year, it occurred at a price close to the current market value, suggesting caution but not major alarm. The company shows profit growth, but insider ownership is not particularly high, leading to a cautious outlook from the analysis.
Integrated Investment Consultants LLC Takes $1.05 Million Position in Pinnacle West Capital Corporation $PNW
Integrated Investment Consultants LLC has initiated a new position in Pinnacle West Capital Corporation, purchasing 11,800 shares valued at approximately $1.05 million. This coincides with Pinnacle West Capital reporting better-than-expected quarterly earnings and announcing a quarterly dividend of $0.91 per share, implying an annualized yield of about 3.7%. Despite an executive stock sale and a mostly "Hold" outlook from analysts, institutional investors collectively own 91.51% of the company's stock.
Gaming and Leisure Properties, Inc. $GLPI Shares Sold by Dana Investment Advisors Inc.
Dana Investment Advisors Inc. significantly reduced its stake in Gaming and Leisure Properties (GLPI) by 67.4% in the fourth quarter, selling 150,964 shares and retaining 73,079 shares valued at $3.27 million. Despite this, other institutional investors like Barclays PLC, UBS AM, and Bank of America Corp DE substantially increased their holdings in GLPI. The company reported strong Q1 results, exceeding EPS and revenue expectations, and offers an attractive annualized dividend yield of about 6.7%.
PNW SEC Filings - Pinnacl West Cap 10-K, 10-Q, 8-K Forms
This page provides a comprehensive list of recent SEC filings for Pinnacle West Capital Corporation (PNW), including 8-K reports, 13G forms, and quarterly financial results. Key filings highlight ownership stakes by Capital Research Global Investors and Barrow Hanley Global Investors, alongside operational updates. Financial data for Q3 2025 and details on debt offerings and investor meetings are also presented.
Qsemble Capital Management LP Purchases 38,805 Shares of Pinnacle West Capital Corporation $PNW
Qsemble Capital Management LP significantly increased its stake in Pinnacle West Capital Corporation by 393.7% in Q4, acquiring 38,805 additional shares. The investment firm now holds a total of 48,661 shares valued at approximately $4.3 million. This comes as Pinnacle West Capital reported stronger-than-expected quarterly earnings and announced a quarterly dividend of $0.91 per share.
Pinnacle West Capital Insider Sold Shares Worth $650,133, According to a Recent SEC Filing
An insider at Pinnacle West Capital recently sold 9,996 shares of the company's stock, valued at approximately $650,133. This transaction, occurring on May 13, 2024, was disclosed in a Form 4 filing with the SEC. Following the sale, the insider still directly owns 75,987 shares of the company.
PNW Maintained by TD Cowen -- Price Target Raised to $101
TD Cowen has maintained a "Hold" rating for Pinnacle West Capital (PNW) while slightly increasing its price target from $100.00 to $101.00. GuruFocus indicates that PNW is currently 9.0% overvalued with a GF Value™ of $89.99 versus its trading price of $98.08, despite a solid GF Score™ of 78/100 driven by profitability and growth. Investors are advised to exercise caution due to the overvaluation and recent insider selling.
Terrestrial Energy Q1 2026 Earnings Call: Complete Transcript
Terrestrial Energy reported Q1 2026 financial results, showcasing a clean balance sheet with $289.9 million in cash and investments. The company highlighted strategic advancements including an OTA contract with the DOE, NRC approval of its PI topical report, and a significant MOU with RIOT platforms for co-locating IMSR plants with data centers. Terrestrial Energy emphasized its competitive advantage through the use of standard nuclear fuel, avoiding HALEU-related supply chain and regulatory challenges.
TD Cowen Maintains Pinnacle West Capital Corp(PNW.US) With Hold Rating, Raises Target Price to $101
TD Cowen has maintained a "Hold" rating on Pinnacle West Capital Corp (PNW.US) while increasing its target price from $100 to $101. Analyst Shelby Tucker, who has a 66.2% success rate and a 9.6% average return over the past year according to TipRanks, provided this updated assessment. The article includes a disclaimer emphasizing that the information is for educational purposes and not an investment recommendation.
Pinnacle West Capital Corp. stock outperforms competitors despite losses on the day
Shares of Pinnacle West Capital Corp. (PNW) declined by 1.37% on Friday, closing at $98.40. Despite this loss, the stock outperformed the broader market, as the S&P 500 Index and Dow Jones Industrial Average both experienced larger declines. The company's stock is currently 6.21% below its 52-week high.
Pinnacle West Capital EVP, COO Jacob Tetlow sells $650,133 in stock
Jacob Tetlow, EVP and COO of Arizona Public Service, a subsidiary of Pinnacle West Capital Corp (NYSE:PNW), sold $650,133 worth of company stock on May 13, 2026. The sales involved 6,526 shares at $99.00 and 41 shares at $99.01, leaving Tetlow with 6,634 direct shares and 2,468 indirect shares. While the stock is up 13.8% year-to-date, InvestingPro analysis suggests it is overvalued despite a 14-year dividend increase streak and a 3.67% yield.
Pinnacle West Capital EVP, COO Jacob Tetlow sells $650,133 in stock By Investing.com
Jacob Tetlow, EVP and COO of Arizona Public Service, a Pinnacle West Capital subsidiary, sold $650,133 worth of PNW common stock on May 13, 2026, at prices between $99.00 and $99.01 per share. Following these transactions, Tetlow directly holds 6,634 shares and indirectly holds 2,468 shares. This insider sale occurs as PNW stock has seen a 13.8% year-to-date increase and follows the company's strong first-quarter 2026 earnings, which significantly exceeded analyst expectations.
Pinnacle West Capital EVP, COO Jacob Tetlow sells $650,133 in stock
Jacob Tetlow, EVP and COO of Arizona Public Service (a subsidiary of Pinnacle West Capital Corp), sold $650,133 worth of common stock on May 13, 2026. The sales were made at prices between $99.00 and $99.01 per share, leaving Tetlow with 6,634 direct shares and 2,468 indirect shares. Despite the insider sale and an "overvalued" assessment by InvestingPro, the company recently reported strong Q1 2026 earnings, significantly surpassing analyst expectations.
EVP Jacob Tetlow sells PNW stock while retaining direct and 401(k) holdings
Pinnacle West Capital Corp (PNW) EVP Jacob Tetlow sold 6,567 shares of common stock on May 13, 2026, in two transactions at prices of $99.01 and $99.00 per share. Following these sales, Tetlow retains 6,675 shares directly and 2,468 shares indirectly through a 401(k) plan. The total value of the shares sold was approximately $650,133.
Pinnacle West Capital EVP, COO Jacob Tetlow sells $650,133 in stock
Jacob Tetlow, EVP and COO of Arizona Public Service (a Pinnacle West Capital subsidiary), sold $650,133 worth of common stock on May 13, 2026. This transaction involved 6,567 shares at prices between $99.00 and $99.01, leaving him with direct holdings of 6,634 shares and indirect holdings of 2,468 shares. This insider sale follows Pinnacle West Capital's strong first-quarter earnings for 2026, which significantly surpassed analyst expectations.
Coweta County family fighting Georgia Power over home; power company using eminent domain
A Coweta County family is battling Georgia Power over the utility company's attempt to acquire their home through eminent domain for an infrastructure project supporting a new data center. The homeowner argues Georgia Power is undervaluing the property and threatening legal action, while the company maintains it offers more than fair market value and that the project is crucial for increased load growth and reliability in the area. This dispute highlights the tension between private property rights and public utility expansion.
Capital Research (PNW) reports 16.44M shares, 13.6% ownership (Schedule 13G/A)
Capital Research Global Investors has filed an amended Schedule 13G/A, reporting a beneficial ownership of 16,441,549 shares, or 13.6%, of Pinnacle West Capital Corp. (PNW) outstanding common stock. This filing indicates that Capital Research Global Investors holds sole voting and sole dispositive power over these shares, signifying a significant passive institutional position in the utility company. The company emphasizes that this is an update to a previous filing, confirming their aggregated and attributed holdings.
A Look At Pinnacle West Capital (PNW) Valuation As Recent Share Moves Stir Fresh Investor Interest
Pinnacle West Capital (PNW) is drawing investor attention due to recent share moves, with its stock up 13.26% year-to-date. While one valuation narrative suggests the stock is 5.7% undervalued at $105.86, based on potential growth from new customers and regulatory modernization, a Discounted Cash Flow (DCF) model from Simply Wall St indicates it might be overvalued, with an intrinsic value of $89.80. Investors are urged to consider both perspectives, along with risks like regulatory lag or extreme weather costs, before making investment decisions.
Pinnacle West Capital stock (US7234841010): Barrow Hanley boosts stake to 5.78%
Barrow Hanley Global Investors significantly increased its stake in Pinnacle West Capital to 5.78% as of March 31, 2026, demonstrating confidence in the Arizona utility. Pinnacle West, through its subsidiary Arizona Public Service, provides electric services across Arizona, benefiting from regulated revenue streams and investments in renewable energy. This increased institutional interest and the company's defensive profile make it an appealing option for US investors seeking exposure to a growing utility market.
Assessing Pinnacle West Capital (PNW) Valuation As Long Term Returns Contrast With Mixed Recent Share Performance
Pinnacle West Capital (PNW) has shown mixed recent share performance, with short-term fluctuations but strong long-term returns. The stock is currently valued near $99.83, appearing modestly undervalued according to analyst targets, yet at a premium to some intrinsic estimates derived from cash flow models. Investors are advised to consider various risk factors and conduct stress testing before making investment decisions, especially given potential regulatory and demand uncertainties.
Barrow Hanley holds 7.00M PNW shares (5.78%) — institutional stake (PNW)
Barrow Hanley Global Investors disclosed a passive institutional stake in Pinnacle West Capital Corp (PNW), holding 7,000,617 shares, which represents 5.78% of the common stock as of March 31, 2026. The filing indicates both sole and shared voting power for Barrow Hanley, suggesting potential influence on corporate governance. This Schedule 13G filing highlights a significant beneficial ownership that could affect corporate votes and strategy.
PSC hears potential merger between NorthWestern Energy and Black Hills Energy
The article reports on a hearing held by the Public Service Commission (PSC) regarding a potential merger between NorthWestern Energy and Black Hills Energy. Further details about the potential merger or the outcome of the hearing are not provided within the cleaned content.
[144] PINNACLE WEST CAPITAL CORP SEC Filing
This article reports on a Form 144 SEC filing by Pinnacle West Capital Corp (PNW) on May 12, 2026. The filing indicates a proposed sale of 6,567 shares of common stock with an aggregate market value of $654,795.57. These shares were acquired on March 18, 2026, as part of awards granted under the company's Long-Term Incentive Plan.
TVA Encourages Residents To Prepare for Summer Heat With Energy Efficiency Measures
The Tennessee Valley Authority (TVA) is urging homeowners and businesses to prepare for summer heat by implementing energy efficiency measures to reduce energy use and utility bills. TVA EnergyRight's Ashley England recommends adjusting thermostats to 78 degrees, using ceiling fans, maintaining HVAC systems, and keeping blinds closed. The article also highlights rebates for HVAC tune-ups and energy-saving incentives for businesses.
UBS Adjusts Pinnacle West Capital Price Target to $102 From $106
UBS has adjusted its price target for Pinnacle West Capital (PNW) shares to $102, down from the previous target of $106. The firm has maintained its Buy rating on the stock. This revision reflects a change in the financial outlook for the utility company.
Wall Street's Most Accurate Analysts Give Their Take On 3 Utilities Stocks Delivering High-Dividend Yields
This article highlights three high-dividend utilities stocks—OGE Energy (NYSE: OGE), Pinnacle West Capital (NYSE: PNW), and Exelon Corp (NASDAQ: EXC)—and provides recent analyst ratings and price targets from some of Wall Street's most accurate analysts. It also mentions their respective dividend yields and recent quarterly results for each company. The piece suggests that dividend-yielding stocks are attractive during market uncertainty due to their high free cash flows.
