91.51% of Pinnacle West Capital Co.'s stock owned by institutional investors, Q2 EPS exceeded consensus estimate by $0.45, quarterly dividend of $0.88 with 4.

In Q2, GYL Financial Synergies and other institutional investors increased their stakes in Pinnacle West Capital Co. (NYSE:PNW), with 91.51% of the company's stock owned by institutional investors. PNW reported $1.76 EPS for the quarter, exceeding the consensus estimate by $0.45. The company declared a quarterly dividend of $0.88, representing a $3.52 annualized dividend with a yield of 4.04%. Analysts have given average "Hold" rating with an average price target of $77.95.

August 25, 2024
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