Market Cap
$11.3B
PNW
PINNACLE WEST CAPITAL CORP
$95.32 ▲ +0.73%
Prev close $94.63Market cap$11.3B
ConsensusSell
12-mo target$104.36 (+9.3%)
▼ Bearish
Analyst conviction 3/10
Insider Selling Cluster (2 insiders)35 New Institutional Positions15 Institutional Exits Traditional Energy
Snapshot
The big-picture read on PNW right now — valuation, ownership and activity at a glance.
Cap Size
Large Cap
Analyst Consensus
Hold (33%)
Inst. Holders
50 funds
Inst. Value
$11.4B
Inst. Activity
35 buys / 15 sells
Insider Activity
$0.00 buy / $930.9K sell
Insider Net $
-$930.9K
SEC Reports
10
Price chart 30d -2.1%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 short_volume
Short Volume: PNW — 67.9% short (0.6M / 0.8M)
Short: 567,813 | Exempt: 0 | TRF Vol: 835,873 | Short Ratio: 67.9% | Off-exchange volume (dark pool
Aug 10, 2026 Insider
Blankenship Elizabeth A sold 980 shares
VP, Controller and CAO @ $99.17 ($97.2K)
Aug 7, 2026 Insider
Aug 4, 2026 SEC Esparza Jose Luis Jr sold 1,800 shares
$102.01 ($183.6K)
Pinnacle West Capital Corporation (PNW) entered into an Equity Distribution Agreement to sell up to $500 million of its
8-K, 424B5 — Impact 4/10
Pinnacle West awarded a $1.5 million discretionary deferred compensation credit to EVP and Chief Nuclear Officer Adam He
8-K — Impact 3/10
Jun 30, 2026 Inst.
BARCLAYS PLC — DOUBLED
1,760,271 shares ($188.3M)
Jun 30, 2026 Inst.
Jun 8, 2026 SEC WELLINGTON MANAGEMENT GROUP LLP — DOUBLED
1,456,941 shares ($155.9M)
Pinnacle West filed an 8-K with an investor presentation for June 2026 meetings. The presentation reaffirms long-term EP
8-K — Impact 4/10
Analyst ratings buy % -8.3%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
33% rate it Buy or better · 21 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Oct 1, 2026 | Barclays | MAINTAIN | Equal-Weight | 54% |
| Sep 29, 2026 | Scotiabank | INITIATE | Sector Outperform | 56% |
| Sep 18, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight | 55% |
| Aug 21, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight | 55% |
| Aug 17, 2026 | Truist Securities | MAINTAIN | Hold | 55% |
| Jul 22, 2026 | BMO Capital | MAINTAIN | Market Perform | 53% |
| Jul 1, 2026 | Barclays | MAINTAIN | Equal-Weight | 54% |
| May 29, 2026 | Truist Securities | MAINTAIN | Hold | 55% |
| May 15, 2026 | TD Cowen | MAINTAIN | Hold | 56% |
| May 5, 2026 | Barclays | MAINTAIN | Equal-Weight | 54% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 5 | 2 | 14 | 0 | 0 | 33% | |
| Aug 1, 2026 | 5 | 2 | 15 | 0 | 0 | 32% | |
| Jul 1, 2026 | 5 | 2 | 15 | 0 | 0 | 32% | |
| Jun 1, 2026 | 5 | 2 | 15 | 0 | 0 | 32% | |
| May 1, 2026 | 5 | 2 | 15 | 0 | 0 | 32% | |
| Apr 1, 2026 | 5 | 2 | 15 | 0 | 0 | 32% | |
| Mar 1, 2026 | 4 | 2 | 15 | 0 | 0 | 29% | |
| Feb 1, 2026 | 4 | 2 | 15 | 0 | 0 | 29% |
Price targets
Where 14 covering analysts think PNW trades over the next 12 months.
$104.36 +9.3% upside Buy
Current$95.50 Low$87.00 Median$104.00 High$129.00 14 analysts
$87.00$129.00
Analyst rating Hold· 2.5/5 as of Oct 2, 2026
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
10 SEC filing reports analyzed · 1 bullish, 0 bearish, 0 mixed, 9 neutral · avg impact 3.9/10.
NEUTRAL8-K, 424B54/10
Pinnacle West Capital Corporation (PNW) entered into an Equity Distribution Agreement to sell up to
Aug 4, 2026
NEUTRAL8-K3/10
Pinnacle West awarded a $1.5 million discretionary deferred compensation credit to EVP and Chief Nuc
Jul 3, 2026
NEUTRAL8-K4/10
Pinnacle West filed an 8-K with an investor presentation for June 2026 meetings. The presentation re
Jun 8, 2026
NEUTRAL8-K3/10
Pinnacle West Capital Corporation amended its existing Equity Distribution Agreement to extend the f
Jun 5, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
short_volume
Short Volume: PNW — 67.9% short (0.6M / 0.8M)
Short: 567,813 | Exempt: 0 | TRF Vol: 835,873 | Short Ratio: 67.9% | Off-exchange volume (dark pool + OTC)
Sep 30, 2026
short_volume
Short Volume: PNW — 56.9% short (0.5M / 0.9M)
Short: 494,585 | Exempt: 162 | TRF Vol: 869,170 | Short Ratio: 56.9% | Off-exchange volume (dark pool + OTC)
Sep 29, 2026
short_volume
Short Volume: PNW — 64.1% short (0.4M / 0.6M)
Short: 404,004 | Exempt: 45 | TRF Vol: 630,230 | Short Ratio: 64.1% | Off-exchange volume (dark pool + OTC)
Sep 7, 2026
dark_pool
Dark Pool: PNW — 0.7M shares, 26,034 trades
Week starting 2026-09-07. Total ATS volume: 724,230 shares across 26,034 trades.
Aug 31, 2026
dark_pool
Dark Pool: PNW — 1.0M shares, 35,236 trades
Week starting 2026-08-31. Total ATS volume: 999,652 shares across 35,236 trades.
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $3.15 | $2.98–$3.43 | -7.0% | -0.4% | 1↑ 3↓ | $1.8B | 5 |
| Next Q | $-0.18 | $-0.61–$0.08 | -238.5% | -35.3% | 4↑ 2↓ | $1.2B | 5 |
| Current FY | $4.71 | $4.67–$4.76 | -6.7% | +0.0% | 3↑ 0↓ | $5.6B | 10 |
| Next FY | $5.64 | $5.58–$5.76 | 19.7% | -0.0% | 4↑ 0↓ | $5.9B | 10 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $3.152 | — |
| 7d ago | $3.151 | +0.001 |
| 30d ago | $3.165 | -0.013 |
| 60d ago | $3.168 | -0.016 |
| 90d ago | $3.202 | -0.050 |
Institutional ownership
Which big funds own PNW (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $11.4B total value (106,417,121 shares) as of 2026-Q2. Top holders: Capital, BlackRock,, VANGUARD. Net buying activity: 35 institutions added/increased vs 15 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| Capital Research Global Investors | 16,494,147 | $1.8B | 15.5% | — |
| BlackRock, Inc. | 11,782,896 | $1.3B | 11.1% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 7,897,426 | $845.0M | 7.4% | — |
| STATE STREET CORP | 7,016,843 | $750.8M | 6.6% | — |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | 6,575,681 | $703.6M | 6.2% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 5,986,758 | $640.6M | 5.6% | — |
| Invesco Ltd. | 4,173,460 | $446.6M | 3.9% | — |
| Soroban Capital Partners LP | 3,874,977 | $414.6M | 3.6% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 3,223,551 | $344.3M | 3.0% | — |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 2,853,685 | $305.3M | 2.7% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| BARCLAYS PLC | DOUBLED | 744,281 | 1,760,271 | +136.5% | $188.3M |
| WELLINGTON MANAGEMENT GROUP LLP | DOUBLED | 723,872 | 1,456,941 | +101.3% | $155.9M |
| AMERICAN CENTURY COMPANIES INC | DOUBLED | 147,734 | 1,444,702 | +877.9% | $154.6M |
| Nuveen, LLC | ADD | 983,656 | 1,343,084 | +36.5% | $143.7M |
| NORGES BANK | NEW | — | 1,304,909 | — | $139.6M |
| FMR LLC | DOUBLED | 80,661 | 1,158,402 | +1336.1% | $123.9M |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | DOUBLED | 346,783 | 1,020,983 | +194.4% | $109.2M |
| BROOKFIELD Corp /ON/ | DOUBLED | 1,204 | 961,821 | +79785.5% | $102.9M |
| Squarepoint Ops LLC | TRIM | 1,227,848 | 881,636 | -28.2% | $94.3M |
| Quantinno Capital Management LP | ADD | 394,870 | 624,833 | +58.2% | $66.9M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
17 insiders, 50 transactions. Net -$930.9K — $0.00 bought, $930.9K sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 10, 2026 | Blankenship Elizabeth A | VP, Controller and CAO | SELL | 980 | $99.17 | $97.2K |
| Aug 7, 2026 | Esparza Jose Luis Jr | SELL | 1,800 | $102.01 | $183.6K | |
| May 14, 2026 | SPENCE WILLIAM H | Director | AWARD | 1,665 | $99.77 | $166.1K |
| May 14, 2026 | BRYAN GLYNIS | Director | AWARD | 1,665 | — | — |
| May 14, 2026 | Svinicki Kristine L | Director | AWARD | 1,665 | — | — |
| May 14, 2026 | Sims Paula J | Director | AWARD | 1,665 | $99.77 | $166.1K |
| May 14, 2026 | TREVATHAN JAMES E JR | Director | AWARD | 1,665 | — | — |
| May 14, 2026 | Flanagan Susan T. | Director | AWARD | 1,665 | — | — |
| May 14, 2026 | de la Melena Gonzalo A Jr | Director | AWARD | 1,665 | — | — |
| May 14, 2026 | Butler Ronald Jr | Director | AWARD | 1,665 | — | — |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for PNW.
Shares short
10,345,769
Settlement Sep 15, 2026
Change vs prior
+6.2%
Semi-monthly cycle
Days to cover
12.5
At avg daily volume
Of shares outstanding
≈8.5%
Estimate — not % of float
All PNW filing & press-release reports (10)
- 8-K, 424B5 reportAug 4, 2026
- 8-K reportJul 3, 2026
- 8-K reportJun 8, 2026
- 8-K reportJun 5, 2026
- 424B5 reportJun 5, 2026
- 424B5 reportJun 1, 2026
- 8-K reportMay 4, 2026
- 8-K reportApr 15, 2026
- DEFA14A reportApr 3, 2026
- 8-K reportFeb 25, 2026