PINNACLE INVESTMENT MANAGEMENT GROUP LIMITED (PNI)
Share Price Analysis and Chart

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PNI

PNI - PINNACLE INVESTMENT MANAGEMENT GROUP LIMITED

FNArena Sector : Wealth Management & Investments
Year End: June
GICS Industry Group : Diversified Financials
Debt/EBITDA: 4.53
Index: ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$16.94

25 Jun
2026

0.050

OPEN

$16.72

0.30%

HIGH

$17.13

550,653

LOW

$16.67

TARGET
$22.165 30.8% upside
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . ASX . BVS . CGF . CVW . DJW . ENN . GDG . GQG . HMC . HUB . IFT . IRE . KAM . KSL . MAF . MFG . MQG . NGI . NWL . PAC . PPS . PPT . QAL . RPL . RZI . WHF .
FNARENA'S MARKET CONSENSUS FORECASTS
PNI: 1
Title FY25
Actual		 FY26
Actual		 FY27
Forecast		 FY28
Forecast
EPS (cps) xxx 78.7 86.9 xxx
DPS (cps) xxx 60.0 76.5 xxx
EPS Growth xxx 24.5% 10.4% xxx
DPS Growth xxx 0.0% 27.5% xxx
PE Ratio xxx N/A 15.9 xxx
Dividend Yield xxx N/A 5.5% xxx
Div Pay Ratio(%) xxx 76.3% 88.1% xxx

Dividend yield today if purchased 3 years ago: 6.32%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.35

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 31/08 - ex-div 31.00c (franking 65%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx78.7
DPS All xxxxxxxxxxxxxxx60.0
Sales/Revenue xxxxxxxxxxxxxxx95.2 M
Book Value Per Share xxxxxxxxxxxxxxx512.9
Net Operating Cash Flow xxxxxxxxxxxxxxx107.6 M
Net Profit Margin xxxxxxxxxxxxxxx185.57 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx17.04 %
Return on Invested Capital xxxxxxxxxxxxxxx14.44 %
Return on Assets xxxxxxxxxxxxxxx13.87 %
Return on Equity xxxxxxxxxxxxxxx17.04 %
Return on Total Capital xxxxxxxxxxxxxxx1.05 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-15.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx4 M
Long Term Debt xxxxxxxxxxxxxxx266 M
Total Debt xxxxxxxxxxxxxxx270 M
Goodwill - Gross xxxxxxxxxxxxxxx459 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx89 M
Price To Book Value xxxxxxxxxxxxxxx3.34

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx5.8 M
Capex % of Sales xxxxxxxxxxxxxxx6.11 %
Cost of Goods Sold xxxxxxxxxxxxxxx3 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx79 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx280 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.8

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

06/05/2026

1

Buy

$22.10

30.46%

Pinnacle Investment Management delivered a third quarter update that underperformed expectations, while Ord Minnett acknowledges the $9.4bn in flows was robust.

The company will take a further 6.8% stake in Metrics for -$100.5m, which the broker considers is a strong endorsement by management of the performance and growth outlook for the business.

Target is raised to $22.10 from $21.80. Buy rating retained.

FORECAST
Ord Minnett forecasts a full year FY26 dividend of 60.00 cents and EPS of 62.90 cents.
Ord Minnett forecasts a full year FY27 dividend of 77.00 cents and EPS of 81.30 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

25/06/2026

1

Buy

$24.53

44.81%

Canaccord Genuity maintains a Buy rating for Pinnacle Investment Management with a $24.53 price target ahead of an anticipated strategic expansion into multi-asset SMAs.

Executive hiring initiatives alongside the recent appointment of a high-profile industry chief investment officer suggest to the broker the product launch rollout leveraging PAM technology could accelerate in FY27.

The analyst notes entering the retail-focused SMA market enables the monetisation of an expanding $200bn industry segment growing at 20% annually to secure a highly accretive margin revenue stream.

Commentary suggests potential structural conflicts regarding vertical integration can be managed by targeting smaller advice practices to capture portfolio share from established mass-market providers.

Canaccord adds distribution support for the start-up wholesale platform FinCap further underpins expanding long-term commercial optionality across private asset management channels.
Access Extra Coverage Research History >

PNI STOCK CHART

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