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Pinnacle West Capital's industrial demand growth, 4.5 GW of committed high-load customers and $7.95B investment plan support long-term earnings prospects.
California Public Employees Retirement System lowered its position in Pinnacle West Capital Corporation (NYSE: PNW) by 13.2% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 275,327 shares of the utilities provider's stock after selling 41,749 shares during the period. California Public
Investors looking for stocks in the Utility - Electric Power sector might want to consider either Exelon (EXC) or Pinnacle West (PNW). But which of these two stocks presents investors with the better value opportunity right now?
Pinnacle West Capital Corporation is up ~23% YTD, outperforming the S&P 500, but trades above consensus price targets at around $108. The utility's near-term upside hinges on a pivotal Arizona rate case; 2027 EPS recovery depends on achieving a higher allowed ROE. Dividend growth has stalled, with a sub-3.5% yield and a high payout ratio. Faster growth requires earnings recovery post-rate case.
Skyrocketing demand from artificial intelligence data centers is exacerbating shortages of critical grid equipment like transformers across the U.S., driving up costs, stretching out wait times and spurring utilities and developers to lock in orders far in advance.
Pinnacle West Capital Corp. (NYSE: PNW) announced today that it plans to release its 2026 second-quarter financial results before U.S. financial markets open o
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. plans to release its 2026 second-quarter financial results before U.S. financial markets open on Tuesday, Aug. 4, 2026.
Pinnacle West's $7.95B 2026-2028 capital plan supports grid reliability, rising power demand, rate base expansion and its 5-7% long-term EPS growth target.
SEC filings for PNW aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.