Stocks

Pinnacle West Asset Management Invests in The Home Depot

Guavy AI Editorial Team Published August 29, 2026

Instruments

Pinnacle West Asset Management Inc. purchased a new stake in The Home Depot, Inc. (NYSE:HD) during the second quarter, according to its latest 13F filing with the Securities & Exchange Commission.

The fund acquired 8,349 shares of the home improvement retailer's stock, valued at approximately $2,945,000.

This represents a significant investment for Pinnacle West Asset Management Inc., which now holds approximately 2.0% of its portfolio in The Home Depot, Inc.

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