PINNACLE WEST CAPITAL CORP
No SEC Form 4 filings for $PNW in the last 30 days.
LSV Asset Management increased its stake in Pinnacle West Capital Corporation (NYSE: PNW) by 46.4% in the fourth quarter, according to an SEC filing. The firm reported owning 135,710 shares after buying an additional 43,000 shares. The article notes the stake is valued at about $12.04 million, making it relevant for investors tracking major institutional ownership.
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 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.
