Pinnacle West Capital (NYSE:PNW) SVP Sells $183,618.00 in Stock

Posted by George Bondi on Aug 14th, 2026

Pinnacle West Capital Corporation (NYSE:PNW – Get Free Report) SVP Jose Luis Esparza, Jr. sold 1,800 shares of Pinnacle West Capital stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $102.01, for a total transaction of $183,618.00. Following the transaction, the senior vice president owned 4,910 shares of the company’s stock, valued at approximately $500,869.10. The trade was a 26.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Pinnacle West Capital Stock Up 0.4%

Shares of NYSE PNW opened at $100.80 on Friday. The firm’s 50-day moving average is $104.57 and its two-hundred day moving average is $101.57. The company has a market capitalization of $12.22 billion, a PE ratio of 19.31, a price-to-earnings-growth ratio of 3.67 and a beta of 0.44. Pinnacle West Capital Corporation has a 12-month low of $85.32 and a 12-month high of $111.16. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.59 and a quick ratio of 0.41.

Pinnacle West Capital (NYSE:PNW – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $1.43 earnings per share for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.03). Pinnacle West Capital had a return on equity of 8.99% and a net margin of 11.52%.The business had revenue of $1.46 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period last year, the business earned $1.58 earnings per share. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. Pinnacle West Capital has set its FY 2026 guidance at 4.550-4.750 EPS. Equities analysts anticipate that Pinnacle West Capital Corporation will post 4.7 EPS for the current fiscal year.

Pinnacle West Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 3rd will be given a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Monday, August 3rd. Pinnacle West Capital’s dividend payout ratio is currently 69.73%.

Institutional Trading of Pinnacle West Capital

Hedge funds have recently added to or reduced their stakes in the business. JFS Wealth Advisors LLC increased its stake in shares of Pinnacle West Capital by 109.6% during the 2nd quarter. JFS Wealth Advisors LLC now owns 241 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 126 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Pinnacle West Capital in the second quarter worth approximately $27,000. MUFG Securities EMEA plc purchased a new stake in Pinnacle West Capital in the second quarter valued at approximately $32,000. Compass Financial Management LLC purchased a new stake in Pinnacle West Capital in the second quarter valued at approximately $33,000. Finally, Clearstead Advisors LLC increased its position in Pinnacle West Capital by 88.5% during the fourth quarter. Clearstead Advisors LLC now owns 394 shares of the utilities provider’s stock worth $35,000 after purchasing an additional 185 shares during the last quarter. 91.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Morgan Stanley set a $97.00 price objective on Pinnacle West Capital in a research report on Wednesday, July 22nd. BMO Capital Markets decreased their price target on shares of Pinnacle West Capital from $106.00 to $104.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 22nd. Truist Financial lowered their price target on shares of Pinnacle West Capital from $108.00 to $105.00 and set a “hold” rating for the company in a report on Friday, May 29th. Barclays boosted their price objective on shares of Pinnacle West Capital from $102.00 to $108.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 1st. Finally, Wall Street Zen downgraded shares of Pinnacle West Capital from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Three analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Pinnacle West Capital has a consensus rating of “Hold” and an average target price of $104.07.

Read Our Latest Stock Analysis on Pinnacle West Capital

About Pinnacle West Capital

(Get Free Report)

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.