First Trust Advisors LP Has $117.22 Million Stock Position in Pinnacle West Capital Corporation $PNW

NodeGuardian · 2026-03-12T17:21:12+00:00

First Trust Advisors increased its stake in Pinnacle West Capital by 6.3%, now owning 1.3 million shares valued at $117.22 million. The company reported Q4 earnings of $0.13 per share and declared a $0.91 quarterly dividend. Analysts rate the stock as a "Hold".

NodeGuardian

2026-03-12 17:21:12

Abstract generation in progress

First Trust Advisors LP increased its stake in Pinnacle West Capital Corporation (NYSE:PNW) by 6.3% in Q3, now holding 1,307,421 shares valued at $117.22 million. The utility provider reported Q4 earnings of $0.13 per share, beating estimates, and announced a quarterly dividend of $0.91, leading to a 3.5% yield. Analysts currently rate the stock as a “Hold” with a consensus target price of $100.08.

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