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Pinnacle Investment Management Group Limited
(Sydney:PNI)
Pinnacle Investment Management Group Limited (PNI) vs. iShares MSCI Australia ETF (EWA)
Pinnacle Investment Management Group Limited Business Overview & Revenue Model
Pinnacle Investment Management Group Limited Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 81.48M | 75.86M | 47.56M | 54.21M | 42.12M | 32.42M |
| Gross Profit | 34.63M | 68.54M | 6.78M | 52.65M | 39.80M | 30.04M |
| EBITDA | 19.10M | 146.79M | 8.35M | 16.74M | 7.23M | 3.69M |
| Net Income | 126.06M | 134.43M | 90.35M | 76.47M | 76.36M | 67.02M |
Balance Sheet | ||||||
| Total Assets | 1.07B | 1.06B | 582.99M | 552.64M | 536.76M | 366.20M |
| Cash, Cash Equivalents and Short-Term Investments | 55.41M | 26.56M | 184.82M | 27.62M | 38.27M | 96.14M |
| Total Debt | 119.73M | 110.36M | 109.43M | 120.49M | 121.66M | 102.93M |
| Total Liabilities | 133.68M | 142.55M | 127.10M | 130.06M | 134.57M | 122.31M |
| Stockholders Equity | 933.86M | 918.42M | 455.89M | 422.57M | 402.18M | 243.89M |
Cash Flow | ||||||
| Free Cash Flow | 360.34M | 124.01M | 76.67M | 58.78M | 69.76M | 53.36M |
| Operating Cash Flow | 360.72M | 124.34M | 76.70M | 58.79M | 71.77M | 53.41M |
| Investing Cash Flow | -262.44M | -444.38M | 20.16M | -6.71M | -222.42M | -26.24M |
| Financing Cash Flow | -133.28M | 314.04M | -91.92M | -62.73M | 92.78M | 52.89M |
Pinnacle Investment Management Group Limited Technical Analysis
Pinnacle Investment Management Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
86 Outperform | AU$5.16B | 7.38 | 116.22% | 10.91% | 25.96% | 32.30% | |
71 Outperform | €1.84B | 6.19 | 16.50% | 5.99% | -13.22% | -29.69% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
61 Neutral | AU$2.97B | 14.10 | 19.56% | 3.45% | 37.42% | 38.37% | |
53 Neutral | $3.12B | 9.67 | 0.72% | ― | -15.63% | ― | |
50 Neutral | AU$1.87B | 9.75 | -1.00% | 6.01% | 2.87% | 87.93% | |
44 Neutral | $2.96B | 34.62 | 3.56% | 1.65% | -14.92% | 179.69% |
Pinnacle Investment Management Group Limited Corporate Events
Pinnacle Investment Management Group Limited has updated its earlier dividend notification for ordinary fully paid shares, specifying the dividend reinvestment plan price for the interim distribution relating to the six months ended 31 December 2025. The update confirms key dates already set for the dividend, including an ex-date of 2 March 2026 and a record date of 3 March 2026, providing shareholders with clarity on the mechanics and timing of the payout and reinvestment option.
The company’s decision to finalize and disclose the DRP pricing underscores its intent to offer investors the choice of taking dividends in additional shares, which can support capital management and shareholder engagement. This move may enhance liquidity in Pinnacle’s stock and signals ongoing confidence in its ability to generate distributable earnings over the reported period.
The most recent analyst rating on (AU:PNI) stock is a Hold with a A$15.00 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
Pinnacle Investment Management Group Limited, a multi-affiliate investment manager supporting specialist fund managers across asset classes, plays a notable role in Australia’s funds management industry by distributing and servicing investment products for a broad client base. Its business model relies heavily on market visibility, investor confidence, and inclusion in key benchmark indices that guide capital allocation.
S&P Dow Jones Indices has announced that Pinnacle will be removed from the S&P/ASX 100 Index as part of the March 2026 quarterly rebalance, effective before trading on March 23, 2026. This exclusion may reduce index-linked investment flows and could signal a relative shift in market capitalization and liquidity rankings, with potential implications for Pinnacle’s market profile and how institutional investors benchmark its stock.
The broader rebalance includes upgrades and removals across the S&P/ASX 20, 50, 100, 200, and 300 indices, reflecting changes in company sizes and sector dynamics within the Australian market. Movements such as resource companies entering major indices and other financial and technology stocks being dropped highlight evolving investor focus areas and the shifting composition of the country’s equity benchmarks.
The most recent analyst rating on (AU:PNI) stock is a Hold with a A$16.00 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
Pinnacle Investment Management Group Limited has notified the market of the issue of 80,000 unquoted options under its employee incentive scheme. The options, which expire on various dates and at various prices, are not intended to be quoted on the ASX, indicating an ongoing use of equity-based incentives to align staff interests with shareholders and support talent retention.
The new options, issued on March 5, 2026, expand Pinnacle’s pool of unquoted employee equity securities without changing its quoted share capital. This move reinforces the company’s reliance on long-term incentive structures that can influence remuneration mix, staff engagement, and future potential dilution for existing shareholders, though no immediate trading impact is expected as the securities remain unquoted.
The most recent analyst rating on (AU:PNI) stock is a Hold with a A$17.00 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
Pinnacle Investment Management Group Limited has applied for quotation on the ASX of 225,000 new ordinary fully paid shares, issued on 5 March 2026 under an employee incentive scheme. The additional securities, which are not subject to transfer restrictions for quotation purposes, modestly expand the company’s listed share capital and reflect ongoing use of equity-based incentives to attract and retain staff, with limited immediate impact on broader shareholder interests.
The issuance underscores Pinnacle’s continued reliance on share-based compensation as part of its human capital strategy in the competitive investment management sector. While the size of this allotment is relatively small in the context of the company’s overall capital structure, it incrementally increases the free float and signals ongoing alignment efforts between employees and shareholders through equity participation.
The most recent analyst rating on (AU:PNI) stock is a Hold with a A$17.00 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
Pinnacle Investment Management Group Limited has notified the ASX of a proposed issue of up to 10,546,794 new fully paid ordinary shares. The securities are to be issued via a placement or other form of capital raising, with a proposed issue date of 1 June 2026, signaling an upcoming expansion of the company’s share base that may support future growth initiatives and potentially affect existing shareholders through dilution and enhanced funding capacity.
The most recent analyst rating on (AU:PNI) stock is a Buy with a A$28.02 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
Pinnacle Investment Management Group Limited has declared an interim dividend of AUD 0.29 per fully paid ordinary share for the six-month period ended 31 December 2025. The dividend will trade ex-dividend on 2 March 2026, with a record date of 3 March 2026 and payment scheduled for 20 March 2026, and shareholders have the option to participate in the company’s dividend reinvestment plan by 13 March 2026. This payout underscores Pinnacle’s ongoing capital return to investors and signals continued confidence in its financial performance and cash generation over the latest half-year period.
The most recent analyst rating on (AU:PNI) stock is a Buy with a A$28.02 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
Pinnacle Investment Management reported a mixed interim result for the six months to 31 December 2025, with NPAT attributable to shareholders down 11% to $67.3 million and diluted EPS down 18%, largely reflecting a sharp reduction in performance fees compared with an exceptionally strong prior period. Stripping out performance fees, however, Pinnacle’s NPAT and EPS rose strongly, supported by record net inflows of $17.2 billion across domestic retail, domestic institutional and international channels, which helped lift aggregate affiliate funds under management 13% to $202.5 billion and underpinned continued growth in core earnings. The board declared an interim dividend of 29 cents per share, slightly higher than the FY25 final but lower than the prior corresponding interim, as the group balances capital returns with investment in expansion. Management highlighted the benefits of its diversification strategy and platform scale, pointing to robust medium‑term investment performance across affiliates and announcing further inorganic growth via the addition of Advantage Partners as a nineteenth affiliate and a planned increase in its stake in Pacific Asset Management, moves aimed at strengthening its international footprint and long-term earnings potential for clients, staff and shareholders.
The most recent analyst rating on (AU:PNI) stock is a Buy with a A$28.02 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
Pinnacle Investment Management Group Limited, an Australian-based asset management group, has released its interim report for the half year ended 31 December 2025, covering directors’ commentary, financial statements, a directors’ declaration and an independent auditor’s review. The publication of this interim report provides stakeholders with an update on the company’s financial position and governance for the first half of the financial year, enabling investors and the market to assess Pinnacle’s performance, risk profile and operational progress during the period.
The most recent analyst rating on (AU:PNI) stock is a Buy with a A$28.02 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
Pinnacle Investment Management Group reported a 66.6% jump in revenue from ordinary continuing activities to A$46.1 million for the half year ended 31 December 2025, but net profit attributable to shareholders fell 11.1% to A$67.3 million, with statutory earnings per share dropping 17.6% to 30.4 cents. The group declared a higher interim dividend of 29.0 cents per share for the 2026 financial year, up from the prior final dividend of 27.0 cents, supported by a stable net tangible asset backing of A$4.08 per share and ongoing use of its dividend reinvestment plan, while contributions from associates and joint ventures eased modestly to A$69.4 million, indicating resilient but moderating earnings from its network of affiliated investment managers.
The most recent analyst rating on (AU:PNI) stock is a Buy with a A$28.02 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
Pinnacle Investment Management Group Limited has scheduled a teleconference for investors and analysts on 4 February 2026 to present and discuss its half-year FY2026 financial results. Senior executives, including the chair, managing director, heads of institutional/international and wholesale/retail distribution, and the chief financial officer, will host the call, which will be accessible only via teleconference, with a recording to be published on the company’s website afterward. The event underscores Pinnacle’s ongoing investor engagement and transparency around its financial performance at a time when stakeholders are closely monitoring results and outlook across the asset management sector.
The most recent analyst rating on (AU:PNI) stock is a Buy with a A$28.02 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
Pinnacle Investment Management Group Limited has applied to the ASX for quotation of 35,000 new ordinary fully paid shares issued on 29 December 2025 under an employee incentive scheme. The modest size of the issuance suggests a routine capital management and staff remuneration measure, marginally increasing the company’s listed share capital while reinforcing its strategy of retaining and incentivising key personnel through equity participation.
The most recent analyst rating on (AU:PNI) stock is a Buy with a A$22.60 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
Pinnacle Investment Management Group Limited has applied for quotation on the ASX of 914,000 new ordinary fully paid shares issued under an employee incentive scheme. The additional securities, to be quoted from 24 December 2025, expand the company’s listed share base and reflect ongoing use of equity-based remuneration to incentivise and retain staff, a common practice in the financial services sector that can modestly dilute existing shareholders while aligning employee interests with long-term shareholder value.
The most recent analyst rating on (AU:PNI) stock is a Buy with a A$22.60 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
Pinnacle Investment Management Group Limited has announced the cessation of 250,000 ordinary fully paid shares following a buy-back conducted under its employee share scheme. The cancellation marginally reduces the company’s issued capital and reflects ongoing capital management and equity incentive administration, with limited direct operational impact but incremental implications for existing shareholders’ relative ownership.
The most recent analyst rating on (AU:PNI) stock is a Buy with a A$22.60 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
Pinnacle Investment Management Group Limited has notified the ASX that it will conduct an employee share scheme buy-back of up to 250,000 ordinary fully paid shares out of a total of 227.7 million shares on issue. The targeted off-market buy-back is relatively small in scale and is aimed at managing shares issued under employee equity plans, which can help optimise Pinnacle’s capital structure, manage dilution from staff incentives, and support the orderly administration of its employee share schemes without materially affecting its overall share capital base.
The most recent analyst rating on (AU:PNI) stock is a Buy with a A$22.60 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.
Pinnacle Investment Management Group Limited has notified the ASX that it will conduct an employee share scheme buy-back of up to 250,000 ordinary fully paid shares out of a total 227.7 million shares on issue. The move is aimed at managing shares issued under its employee share schemes and will have only a modest impact on the company’s overall capital base, while signalling continued active management of its equity structure and employee incentive arrangements.
The most recent analyst rating on (AU:PNI) stock is a Buy with a A$22.60 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.