Pinnacle Investment Management Group Ltd (ASX: PNI) Share Price and News

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Pinnacle Investment Management Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $5.27 billion
P/E Ratio 50.62
Dividend Yield 1.82%
Shares Outstanding 224.14 million
Earnings per share 0.455
Dividend per share 0.42
Year To Date Return 132.64%
Earnings Yield 1.98%
Franking 71.9696969697
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as at 24 Feb 3:44pm

  • Pinnacle Investment Management Group Ltd (ASX: PNI)
    Latest News

    A man sits thoughtfully on the couch with a laptop on his lap.
    Broker Notes

    Up 125% in 2024, why this rocketing ASX 200 stock can keep flying

    Here’s why this fund manager is still bullish about the prospects of this business.

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    ASX financial shares are up 33% this year. Brokers reveal which stocks to buy for 2025

    After such a stellar run, are there any good buys left among ASX financial shares?

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    Share Gainers

    Here are the top 10 ASX 200 shares today

    It was another day and another record high for ASX shares.

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    Broker Notes

    Leading brokers name 3 ASX shares to buy today

    Here's why brokers believe that now could be the time to snap up these stocks.

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    A happy young couple lie on a wooden deck using a skateboard for a pillow.
    Share Gainers

    These are the 10 best ASX 200 shares of 2024 so far

    There have been some huge gains on the benchmark index this year. Do you own the best performers?

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    Young girl drinking milk showing off muscles.
    Share Gainers

    Here are the top 10 ASX 200 shares today

    It was a great end to the trading week for ASX investors today.

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    A man wearing a red jacket and mountain hiking clothes stands at the top of a mountain peak and looks out over countless mountain ranges.
    Share Gainers

    Here are the top 10 ASX 200 shares today

    It was another disappointing day for ASX investors this Thursday.

    Read more »

    two men smiling with a laptop in front of them, symbolising a rising share price.
    Share Gainers

    Why Pinnacle, PWR, Race Oncology, and Vulcan shares are flying today

    These shares are having a good session on Thursday. But why?

    Read more »

    Shot of a young businesswoman looking stressed out while working in an office.
    Share Gainers

    Here are the top 10 ASX 200 shares today

    It was a disappointing Wednesday session for ASX investors today...

    Read more »

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    Share Gainers

    Here are the top 10 ASX 200 shares today

    Do you own any of today's best shares?

    Read more »

    A young woman smiles as she rides a zip line high above the trees.
    Share Gainers

    Here are the top 10 ASX 200 shares today

    It was a happy hump day for ASX shares, despite an afternoon wobble.

    Read more »

    A man clenches his fists in excitement as gold coins fall from the sky.
    Record Highs

    5 ASX 200 shares smashing new all-time highs on Wednesday

    These have been great shares to have in your portfolio in 2024.

    Read more »

    Frequently Asked Questions

    Historically, Pinnacle has distributed two fully franked dividends annually, though the latest dividend was 71% franked.

    Pinnacle generally pays its shareholder dividends in March and September.

    Pinnacle Investment Management Group Ltd listed on the ASX on 19 June 2007.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    02 Sep 2024 $0.2640 71.97% Final 20 Sep 2024
    07 Mar 2024 $0.1560 100.00% Interim 22 Mar 2024
    28 Aug 2023 $0.2040 100.00% Final 15 Sep 2023
    02 Mar 2023 $0.1560 100.00% Interim 17 Mar 2023
    29 Aug 2022 $0.1750 100.00% Final 16 Sep 2022
    03 Mar 2022 $0.1750 100.00% Interim 18 Mar 2022
    30 Aug 2021 $0.1700 100.00% Final 17 Sep 2021
    04 Mar 2021 $0.1170 100.00% Interim 19 Mar 2021
    24 Aug 2020 $0.0850 100.00% Final 11 Sep 2020
    05 Mar 2020 $0.0690 100.00% Interim 20 Mar 2020
    19 Sep 2019 $0.0930 100.00% Final 04 Oct 2019
    07 Mar 2019 $0.0610 100.00% Interim 22 Mar 2019
    20 Sep 2018 $0.0700 100.00% Final 05 Oct 2018
    08 Mar 2018 $0.0460 100.00% Interim 23 Mar 2018
    21 Sep 2017 $0.0000 100.00% Final 06 Oct 2017
    06 Mar 2017 $0.0220 100.00% Interim 17 Mar 2017
    23 Aug 2016 $0.0500 100.00% Special Cash 09 Sep 2016
    16 Mar 2016 $0.0140 100.00% Interim 31 Mar 2016

    PNI ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Pinnacle Investment Management Group Ltd

    Pinnacle Investment Management Group Ltd (ASX: PNI) is an Australian-based multi-affiliate investment management company.

    It provides seed funding, distribution services, and infrastucture support to a network of 15 asset managers, or 'affiliates', globally. These are located in Australia, the UK, and North America. 

    As well as deriving revenue from its services, Pinnacle also earns a share of its affiliates' profits through its equity holdings.

    PNI Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    12 Dec 2024 $23.04 $0.01 0.04% 530,723 $23.39 $23.64 $22.87
    11 Dec 2024 $23.03 $0.29 1.28% 721,047 $22.77 $23.44 $22.67
    10 Dec 2024 $22.74 $-1.42 -5.88% 860,073 $24.05 $24.13 $22.69
    09 Dec 2024 $24.16 $-0.25 -1.02% 672,394 $24.42 $24.74 $24.00
    06 Dec 2024 $24.41 $-0.32 -1.29% 331,733 $24.79 $24.90 $24.34
    05 Dec 2024 $24.73 $0.64 2.66% 682,655 $24.28 $25.01 $24.26
    04 Dec 2024 $24.09 $-0.27 -1.11% 588,014 $24.23 $24.50 $24.09
    03 Dec 2024 $24.36 $0.79 3.35% 1,183,654 $23.88 $24.42 $23.67
    02 Dec 2024 $23.57 $0.13 0.55% 550,154 $24.10 $24.31 $23.45
    29 Nov 2024 $23.44 $0.04 0.17% 265,325 $23.15 $23.44 $23.05
    28 Nov 2024 $23.40 $0.24 1.04% 517,389 $23.36 $23.74 $23.28
    27 Nov 2024 $23.16 $-1.24 -5.08% 1,577,344 $24.40 $24.40 $23.16
    26 Nov 2024 $24.40 $0.53 2.22% 1,383,441 $23.74 $24.54 $23.74
    25 Nov 2024 $23.87 $0.57 2.45% 869,268 $23.50 $23.97 $23.32
    22 Nov 2024 $23.30 $1.18 5.33% 1,130,639 $22.59 $23.30 $22.46
    21 Nov 2024 $22.12 $0.68 3.17% 1,345,417 $22.15 $22.37 $21.95
    19 Nov 2024 $21.44 $0.24 1.13% 227,116 $21.06 $21.64 $21.03
    18 Nov 2024 $21.20 $-0.05 -0.24% 199,373 $21.45 $21.48 $21.00
    15 Nov 2024 $21.25 $0.13 0.62% 286,499 $21.30 $21.46 $21.10
    14 Nov 2024 $21.12 $0.06 0.28% 311,917 $21.10 $21.24 $21.02
    13 Nov 2024 $21.06 $-0.30 -1.40% 198,364 $21.04 $21.21 $20.90

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    26 Nov 2024 Andrew Chambers Issued 100,000 $2,277,000
    Issue of securities.
    29 May 2024 Andrew Chambers Sell 1,150,000 $14,997,246
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Ian Macoun Managing Director Aug 2016
    Mr Macoun's career to date has included more than 30 years as the CEO and chief investment officer of investment management firms, including the establishment of Australia's 'multi-boutique' funds management firm (Perennial Investment Partners - founding Managing Director from 1998), building a major new investment corporation (Queensland Investment Corporation (QIC) - inaugural Chief Executive from 1988), and the management of a major Australian bank's investment operation (Westpac Investment Management; Managing Director from 1993). Mr Macoun's experience, in more than 10 years at Queensland Treasury, included involvement with many major Australian and International financial market participants, and the Queensland Government's commercial participation in industrial development projects during the late 1970s and the 1980s. He was a First Assistant Under Treasurer when he moved to build and lead QIC. Mr Macoun is also a director of the following Pinnacle Affiliates: Aikya, Antipodes, Coolabah, Firetrail Hyperion, Langdon, Metrics, Palisade, Plato, Resolution Capital and Solaris.
    Mr Alan James David Watson Non-Executive DirectorNon-Executive Chairman Jul 2013
    Mr Watson, during his executive career, worked in investment banking, accumulating over 30 years of experience within global equity markets. During this period, he was responsible for starting and leading a number of securities businesses both in Europe and Asia, advising many companies on capital structuring, initial public offerings, takeovers and mergers and investment relations strategies. Mr Watson held positions as Managing Director at Barclays de Zoete Wedd Limited, Donaldson, Lufkin & Jenrette Securities Corporation, at Lehman Brothers Holdings Inc and as Head of Securities Europe for Macquarie Capital (Europe) Ltd., concluding his executive career in 2011. Subsequent to this, he has been an independent director of public companies, both in Australia and North America. In addition to Pinnacle, currently Mr Watson is also an independent director of Airboss of America, listed on the Toronto Stock Exchange. He is member of Compliance and Risk Management Committee.
    Ms Deborah Beale Non-Executive Director Sep 2016
    Ms Beale began her working career in the finance industry where she was employed by Merrill Lynch.. She then moved to Ernst & Young where she specialised in risk management, governance and public and government relations. Ms Beale also served and continues to serve on a number of government, public, private and not-for-profit boards. Her experience includes the areas of finance, corporate governance, risk management, government and public relations. Ms Beale is also the Chair of the Melbourne Convention Bureau and a director of Visit Victoria. She is member of Compliance and Risk Management Committee.
    Mr Andrew Chambers Executive Director Sep 2016
    Mr Chambers has multi-channel (retail, wholesale and institutional) and multi-jurisdictional distribution experience. Prior to joining Pinnacle, Mr Chambers worked for Franklin Templeton, a multi-affiliate investment management firm. Mr Chambers is also a director of the following Pinnacle Affiliates: Five V, Metrics, Plato and Riparian.
    Ms Lorraine Berends Non-Executive Director Sep 2018
    Ms Berends has worked in the financial services industry for over 40 years and possesses experience in investment management and superannuation. Before moving to a non-executive career in 2014, she worked for 15 years with US based investment manager Marvin & Palmer Associates. Ms Berends contributed to industry associations throughout her executive career, serving on the boards of the Investment Management Consultants Association (IMCA Australia, now the CIMA Society of Australia) for 13 years (7 as Chair) and the Association of Superannuation Funds Australia (ASFA) for 12 years (3 as Chair). Ms Berends is a company appointed director of Qantas Superannuation Limited, a non-executive director of the PNI Foundation and an independent member of the Australian Commonwealth Games Foundation Investment Committee. She is Chair of Compliance and Risk Management Committee.
    Ms Christa Lenard Non-Executive Director Aug 2024
    Ms Lenard is in employment and workplace law, with a practice that spans both the public and private sectors. She has 20 years experience in advising and representing clients on a range of contentious and non-contentious employment law matters, including discrimination law, industrial disputation, enterprise bargaining, day to day employment law advisory, managing psychosocial welfare and organisational change, workplace investigations and alternative dispute resolution. She is a trusted advisor to many government agencies and works with clients across a range of industries, including banking and financial services, health and aged care, maritime and logistics, technology and the amusement industry.
    Mr Calvin Kwok Legal CounselCompany Secretary Jun 2017
    -
    Dan Longan Chief Financial Officer
    -
    Calvin Kwok Legal CounselCompany Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited i 37,145,370 18.29%
    J P Morgan Nominees Australia Pty Limited 31,429,221 15.47%
    Citicorp Nominees Pty Limited 17,813,946 8.77%
    Macoun Generation Z Pty Ltd 13,993,985 6.89%
    National Nominees Limited 5,057,893 2.49%
    Mr Alexander William Macdonald 5,041,850 2.48%
    Andrew Chambers & Fleur Chambers 4,253,614 2.09%
    Macoun Superannuation Pty Ltd 3,882,092 1.91%
    HSBC Custody Nominees (Australia) Limited ii 2,991,249 1.47%
    Mr David Francis Cleary 2,807,149 1.38%
    Mr David Noel Groth 2,801,224 1.38%
    BNP Paribas Noms Pty Ltd 2,647,388 1.30%
    Vestinoz Pty Ltd 2,552,766 1.26%
    Earlston Nominees Pty Ltd 2,500,000 1.23%
    Kinauld Pty Ltd i 2,200,000 1.08%
    Kinauld Pty Ltd ii 2,000,000 0.98%
    Mr Mark Bryant Cormack and Mrs Melanie Louise Cormack 1,999,293 0.98%
    Warragai Investments Pty Ltd 1,800,000 0.89%
    BNP Paribas Nominees Pty Ltd i 1,455,879 0.72%
    BNP Paribas Nominees Pty Ltd ii 1,412,899 0.70%

    Profile

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