Powell Industries (NASDAQ:POWL) Reaches New 1-Year High After Earnings Beat

Powell Industries, Inc. (NASDAQ:POWL)’s share price reached a new 52-week high on Tuesday following a stronger than expected earnings report. The company traded as high as $471.79 and last traded at $440.36, with a volume of 456077 shares traded. The stock had previously closed at $443.59.

The industrial products company reported $3.40 EPS for the quarter, topping analysts’ consensus estimates of $2.85 by $0.55. The firm had revenue of $251.18 million during the quarter, compared to the consensus estimate of $255.34 million. Powell Industries had a return on equity of 31.63% and a net margin of 16.82%.The firm’s revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the business earned $2.86 EPS.

Powell Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, February 18th will be given a $0.27 dividend. The ex-dividend date is Wednesday, February 18th. This represents a $1.08 annualized dividend and a yield of 0.2%. This is a boost from Powell Industries’s previous quarterly dividend of $0.27. Powell Industries’s payout ratio is 6.95%.

Powell Industries News Roundup

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

• Positive Sentiment: Q1 results: Powell beat EPS expectations ($3.40 vs $2.85 consensus), posted net income of $41.4M and improved gross margins to 28.4% year‑over‑year, showing profitable execution despite a modest revenue miss. These results support earnings momentum. GlobeNewswire: Q1 Results
• Positive Sentiment: Very strong bookings and backlog: new orders jumped to $439M (+63% YoY), drove backlog to ~$1.6B and a book‑to‑bill ≈1.7. Wins included a data‑center megaproject and a large LNG award — wins that increase forward revenue visibility. Seeking Alpha: Bookings & Backlog
• Positive Sentiment: Analyst and price‑target moves: at least one published update increased Powell’s price target significantly (reported +27.4% to $375.81), which can push demand from growth and momentum investors. MSN: Price Target Increased
• Positive Sentiment: Dividend bump: the Board raised the quarterly cash dividend to $0.27 (annualized $1.08), a small increase but a signal of confidence and a modest yield for income‑oriented holders. GlobeNewswire: Dividend Increase
• Neutral Sentiment: Strong balance sheet: Powell ended the quarter with roughly $500M in cash/short‑term investments and no debt, which supports execution on a larger backlog and optional shareholder returns — a stability factor for investors. Quiver: Financial Highlights
• Negative Sentiment: Regulatory/risk disclosure: recent filings flagged a Regulation‑category item and reiterated existing vulnerabilities; any emerging regulatory issues could introduce execution or cost risk over time. TipRanks: Risk Disclosure

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Cantor Fitzgerald assumed coverage on shares of Powell Industries in a research note on Friday, January 23rd. They issued a “neutral” rating and a $427.00 price target on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Powell Industries in a research report on Monday, December 29th. Wall Street Zen lowered Powell Industries from a “buy” rating to a “hold” rating in a research report on Monday, January 19th. Finally, Roth Mkm reissued a “buy” rating and issued a $350.00 price target on shares of Powell Industries in a research note on Wednesday, November 19th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus 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 on Friday, December 19th. The stock was sold at an average price of $331.73, for a total value of $995,190.00. Following the sale, the vice president owned 4,451 shares of the company’s stock, valued at approximately $1,476,530.23. The trade was a 40.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Powell Industries

Several large investors have recently modified their holdings of POWL. Kovitz Investment Group Partners LLC raised its holdings in Powell Industries by 42.2% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,314,474 shares of the industrial products company’s stock worth $705,475,000 after buying an additional 686,588 shares during the period. Vanguard Group Inc. grew its position in Powell Industries by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 706,642 shares of the industrial products company’s stock valued at $225,263,000 after purchasing an additional 6,419 shares in the last quarter. First Trust Advisors LP grew its position in Powell Industries by 65.8% during the third quarter. First Trust Advisors LP now owns 615,067 shares of the industrial products company’s stock valued at $187,479,000 after purchasing an additional 244,051 shares in the last quarter. State Street Corp increased its stake in Powell Industries by 0.9% in the 2nd quarter. State Street Corp now owns 352,103 shares of the industrial products company’s stock valued at $74,100,000 after buying an additional 3,159 shares during the period. Finally, Invesco Ltd. increased its position in Powell Industries by 2.4% in the 3rd quarter. Invesco Ltd. now owns 348,091 shares of the industrial products company’s stock worth $106,102,000 after purchasing an additional 8,083 shares during the last quarter. 89.77% of the stock is owned by institutional investors.

Powell Industries Price Performance

The stock has a market capitalization of $6.40 billion, a price-to-earnings ratio of 34.26, a PEG ratio of 2.10 and a beta of 0.85. The stock’s 50 day simple moving average is $371.58 and its 200-day simple moving average is $322.92.

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.