Capital Research Global Investors filed an amended Schedule 13G reporting a passive ownership stake in Pinnacle West Capital Corp. common stock. The firm is deemed to beneficially own 13,466,845 shares, representing 11.3% of the outstanding common stock.
The filing notes that this percentage is based on 119,690,399 Pinnacle West shares believed to be outstanding. Capital Research Global Investors reports sole voting and sole dispositive power over all 13,466,845 shares and no shared voting or dispositive power.
The securities are stated to have been acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of Pinnacle West, consistent with a passive institutional investment under Schedule 13G.
Barrow Hanley Global Investors, a Delaware LLC, filed a Schedule 13G reporting beneficial ownership of 6,684,100 shares of Pinnacle West Capital Corp common stock, representing 5.58% of the class as of the event date of 12/31/2025.
The firm reports sole voting power over 4,514,154 shares, shared voting power over 2,169,946 shares, and sole dispositive power over all 6,684,100 shares, with no shared dispositive power. It certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Pinnacle West Capital Corp.
Barrow Hanley Global Investors filed a Schedule 13G reporting beneficial ownership of 7,223,725 shares of Pinnacle West Capital Corp (PNW) common stock, representing 6.05% of the class as of 09/30/2025.
The filer, a Delaware LLC investment adviser, reports sole voting power over 7,223,725 shares and sole dispositive power over 7,223,725 shares, with no shared voting or dispositive power. The filing certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
The certification is signed by Hannah Ackels, CCO, dated 11/10/2025.
Pinnacle West Capital Corporation filed an 8‑K under Item 7.01 stating it will participate in meetings with securities analysts and investors in November 2025 and will use presentation handouts. Those materials are furnished as Exhibit 99.1. The report is a combined submission with Arizona Public Service Company, and each registrant furnishes information pertaining to itself.
Pinnacle West Capital Corporation (PNW) reported Q3 2025 results. Operating revenues were $1,820,741, up from $1,768,801 a year ago. Operating income rose to $581,846, and net income attributable to common shareholders was $413,208. Diluted EPS was $3.39 versus $3.37 in Q3 2024.
Costs were mixed: fuel and purchased power were $655,969, while operations and maintenance declined to $299,617. Interest expense increased to $111,200. Year‑to‑date, net cash provided by operating activities was $1,328,315 against capital expenditures of $1,955,102. The company issued $1,742,754 of long‑term debt year‑to‑date and repaid $800,000.
At quarter‑end, total assets were $29,892,905, long‑term debt was $9,204,259, and cash and cash equivalents were $30,885. Shares outstanding were 119,690,399 as of October 28, 2025. APS, the regulated utility subsidiary, posted operating revenues of $1,820,741 and net income attributable to the common shareholder of $427,424. In September 2025, APS purchased two Palo Verde leased interests, ending consolidation of those leases; one VIE lease remains active.
Pinnacle West Capital Corporation filed an 8-K announcing that it furnished a press release covering financial results for the quarter ended September 30, 2025. The release is provided under Item 2.02 and attached as Exhibit 99.1.
Under Item 7.01, the company also furnished a slide presentation used on its November 3, 2025 earnings call. The slides include operating results for the quarter and an earnings outlook for 2025 and 2026. The presentation is attached as Exhibit 99.2 and posted on the company’s website.
Pinnacle West Capital Corporation filed an 8-K announcing plans to participate in analyst and investor meetings in October 2025, with presentation handouts furnished as Exhibit 99.1.
This is a combined submission with Arizona Public Service Company, with each registrant furnishing information applicable to itself under Item 7.01 (Regulation FD). The filing also lists the Cover Page Interactive Data File as Exhibit 104.
Pinnacle West Capital Corporation and its subsidiary Arizona Public Service Company filed a current report describing upcoming investor outreach. The companies state that Pinnacle West will participate in meetings with securities analysts and investors in September 2025 and will use prepared handouts in those sessions.
The report notes that copies of these Pinnacle West handouts are included as Exhibit 99.1, and that the filing is made under a Regulation FD disclosure item. Both Pinnacle West and Arizona Public Service Company sign the report separately, each on its own behalf.
Pinnacle West Capital Corporation reported that on August 28, 2025 it entered into an amendment to its existing forward sale agreements with Wells Fargo Bank, National Association. These forward sale agreements were originally dated February 28, 2024 and February 29, 2024. The amendment sets December 31, 2026 as the settlement date for the Share Forward Transactions, subject to the terms of the original forward sale agreements. The full amendment is filed as Exhibit 10.1 to this report.
Pinnacle West Capital Corporation and its utility subsidiary Arizona Public Service Company filed an 8-K to add key documents to their shelf registration. The filing includes an underwriting agreement covering an offering of $250,000,000 of 5.70% Notes due 2034 and $700,000,000 of 5.90% Notes due 2055 under an effective Form S-3. Related supplemental indentures, note forms, a legal opinion, and additional information under Item 14 of the registration statement are also listed as exhibits.