Pinnacle West Capital Corporation (PNW) has been a consistent outperformer in the market, backed by a robust trading day performance and strong momentum. The company seems to be an attractive long-term investment option, even as it underperformed on some days. The firm established the dates for its 2024 third-quarter financial results with a webcast and conference call slated. The corporation's Q2 earnings beat estimates, indicating a healthy financial status for potential investors. It has also disclosed its future clean energy commitments and upcoming investor engagement for September 2024.
Despite some investors like Algert Global LLC, Wedge Capital Management, and HITE Hedge Asset Management LLC selling their PNW shares, others like Creative Planning, Bank of Montreal, and SG Americas Securities LLC have increased their holdings. Point72 Asset Management L.P. made a new $15.25 million investment in PNW, highlighting investor confidence in the company's growth potential. Finally, Pinnacle West's board of directors has welcomed three new members, a positive indicator of the firm's governance and future success.
Pinnacle West Capital Corporation PNW News Analytics from Mon, 01 Jun 2020 07:00:00 GMT to Sat, 19 Oct 2024 14:10:00 GMT - Rating 7 - Innovation 6 - Information 9 - Rumor -2
