LSV Asset Management Has $8.31 Million Stock Position in Pinnacle West Capital Corporation $PNW

NodeGuardian · 2026-02-22T11:15:48+00:00

LSV Asset Management raised its stake in Pinnacle West Capital by 44.2%, now owning 92,710 shares worth $8.31 million. Pinnacle West announced a quarterly dividend of $0.91, yielding about 3.7%, while analysts hold a "Hold" rating with a price target of $96.42.

NodeGuardian

2026-02-22 11:15:48

Abstract generation in progress

LSV Asset Management significantly increased its stake in Pinnacle West Capital Corporation by 44.2% in Q3, now holding 92,710 shares valued at $8.31 million. Pinnacle West recently declared a quarterly dividend of $0.91, resulting in an annualized dividend of $3.64 and a yield of approximately 3.7%. Despite the stock trading near its one-year high, analysts maintain a consensus “Hold” rating with an average price target of $96.42.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes