Truist Financial Corp Boosts Holdings in Powell Industries, Inc. $POWL

Truist Financial Corp raised its position in shares of Powell Industries, Inc. (NASDAQ:POWL) by 42.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,041 shares of the industrial products company’s stock after acquiring an additional 4,519 shares during the period. Truist Financial Corp owned approximately 0.12% of Powell Industries worth $4,585,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in POWL. Vanguard Personalized Indexing Management LLC purchased a new position in shares of Powell Industries during the 3rd quarter worth about $258,000. James Investment Research Inc. lifted its stake in Powell Industries by 32.3% in the third quarter. James Investment Research Inc. now owns 3,320 shares of the industrial products company’s stock worth $1,012,000 after purchasing an additional 810 shares during the last quarter. Blackhawk Capital Partners LLC purchased a new position in shares of Powell Industries during the third quarter valued at approximately $1,256,000. Trek Financial LLC purchased a new position in shares of Powell Industries during the third quarter valued at approximately $588,000. Finally, Avidian Wealth Enterprises LLC bought a new position in shares of Powell Industries during the third quarter valued at approximately $226,000. Institutional investors own 89.77% of the company’s stock.

More Powell Industries News

Here are the key news stories impacting Powell Industries this week:

• Positive Sentiment: EPS beat — Powell reported $3.40 GAAP diluted EPS vs. the Zacks/consensus estimate of $2.85, signaling stronger profitability and support for the stock’s move higher. Powell Industries (POWL) Tops Q1 Earnings Estimates
• Positive Sentiment: Strong bookings and backlog — New orders jumped to $439M (+63% YoY) and backlog rose to $1.6B, including megaproject wins in data centers and an LNG award, improving forward revenue visibility and supporting growth expectations. Powell Industries Announces First Quarter Fiscal 2026 Results
• Positive Sentiment: Dividend modestly raised — Board approved a quarterly cash dividend of $0.27 (annualized $1.08), payable March 18, reinforcing shareholder return policy and signaling confidence in cash flow. Powell Industries Declares an Increase to the Quarterly Cash Dividend
• Positive Sentiment: Margins, cash and balance sheet — Gross margin expanded to 28.4%, net income rose ~19% to $41M, and cash & short-term investments were about $501M with no debt, giving financial flexibility for execution and capital allocation. Powell Industries, Inc. Reports Strong First Quarter Fiscal 2026 Results with Increased Revenues and New Orders
• Neutral Sentiment: Revenue and seasonality — Revenue was $251.2M (up 4% YoY) but slightly below some analyst revenue expectations and down sequentially (typical seasonality), which tempers the headline beat. View Press Release
• Negative Sentiment: Insider selling noted — Recent reports show multiple insider sales in recent months; while not proof of company issues, persistent insider selling can create investor concern about near-term insider sentiment. Powell Industries, Inc. Announces Increase in Quarterly Cash Dividend to $0.27 per Share

Powell Industries Trading Up 2.9%

POWL opened at $453.24 on Wednesday. Powell Industries, Inc. has a 12-month low of $146.02 and a 12-month high of $471.79. The business’s fifty day simple moving average is $367.47 and its 200-day simple moving average is $321.48. The company has a market capitalization of $5.50 billion, a price-to-earnings ratio of 30.52, a PEG ratio of 2.04 and a beta of 0.85.

Powell Industries (NASDAQ:POWL) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $3.40 earnings per share for the quarter, beating the consensus estimate of $2.85 by $0.55. Powell Industries had a return on equity of 31.80% and a net margin of 16.37%.The firm had revenue of $251.18 million during the quarter, compared to the consensus estimate of $255.34 million. During the same period in the previous year, the company posted $2.86 earnings per share. The firm’s quarterly revenue was up 4.1% on a year-over-year basis. On average, equities research analysts predict that Powell Industries, Inc. will post 13.71 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Wall Street Zen lowered Powell Industries from a “buy” rating to a “hold” rating in a research note on Monday, January 19th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Powell Industries in a research report on Monday, December 29th. Roth Mkm restated a “buy” rating and issued a $350.00 price target on shares of Powell Industries in a report on Wednesday, November 19th. Finally, Cantor Fitzgerald started coverage on shares of Powell Industries in a report on Friday, January 23rd. They set a “neutral” rating and a $427.00 price objective for the company. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $388.50.

Insider Activity at Powell Industries

In other news, VP William Marshall Mauney, Jr. sold 3,000 shares of the business’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $331.73, for a total value of $995,190.00. Following the completion of the sale, the vice president owned 4,451 shares in the company, valued at approximately $1,476,530.23. The trade was a 40.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.20% of the company’s stock.

About Powell Industries

Powell Industries, Inc is an industrial electrical engineering company specializing in the design, manufacture and integration of customized power control and distribution solutions. The firm’s offerings range from medium‐voltage switchgear and power control centers to bus duct, motor control centers and specialty transformers. Powell also provides automation systems, protective relaying, metering, supervisory control and data acquisition (SCADA) platforms, and turnkey engineering services to help clients manage critical power infrastructure.

Serving the oil and gas, petrochemical, refining, utility, mining and industrial sectors, Powell’s products are engineered to meet demanding performance, safety and reliability requirements.