Royal Bank of Canada Sells 7,537 Shares of Powell Industries, Inc. $POWL

Royal Bank of Canada reduced its position in Powell Industries, Inc. (NASDAQ:POWL) by 22.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,718 shares of the industrial products company’s stock after selling 7,537 shares during the period. Royal Bank of Canada’s holdings in Powell Industries were worth $13,916,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Capital World Investors purchased a new stake in shares of Powell Industries during the 4th quarter valued at about $20,704,000. Voss Capital LP boosted its holdings in Powell Industries by 18.6% during the 4th quarter. Voss Capital LP now owns 350,000 shares of the industrial products company’s stock valued at $111,573,000 after acquiring an additional 55,000 shares during the period. Rock Creek Group LP boosted its stake in shares of Powell Industries by 1,900.0% during the fourth quarter. Rock Creek Group LP now owns 150,000 shares of the industrial products company’s stock valued at $47,817,000 after purchasing an additional 142,500 shares during the period. Convergence Investment Partners LLC purchased a new stake in Powell Industries in the 4th quarter valued at about $1,409,000. Finally, State of New Jersey Common Pension Fund D bought a new position in Powell Industries in the fourth quarter worth approximately $2,137,000. Hedge funds and other institutional investors own 89.77% of the company’s stock.

Powell Industries Price Performance

Shares of Powell Industries stock opened at $211.56 on Friday. The stock has a market capitalization of $7.71 billion, a P/E ratio of 40.61, a PEG ratio of 2.77 and a beta of 1.18. The business has a 50 day simple moving average of $256.35 and a two-hundred day simple moving average of $226.13. Powell Industries, Inc. has a 12 month low of $77.73 and a 12 month high of $328.00.

Powell Industries (NASDAQ:POWL) last issued its quarterly earnings results on Monday, August 3rd. The industrial products company reported $1.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.07). Powell Industries had a return on equity of 27.51% and a net margin of 16.49%.The firm had revenue of $311.74 million during the quarter, compared to analyst estimates of $316.70 million. During the same period in the prior year, the firm earned $3.96 earnings per share. The business’s revenue was up 8.9% on a year-over-year basis. As a group, research analysts anticipate that Powell Industries, Inc. will post 5.34 EPS for the current fiscal year.

Powell Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Wednesday, August 19th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, August 19th. Powell Industries’s payout ratio is 6.91%.

Powell Industries News Summary

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

• Positive Sentiment: J.P. Morgan reaffirmed its Buy rating on Powell Industries, providing continued Wall Street support for the stock. J.P. Morgan Reaffirms Their Buy Rating on Powell Industries
• Positive Sentiment: Sidoti raised its EPS forecasts for several periods, including Q1 2027 to $1.28, Q2 2027 to $1.54, FY2027 to $6.95, Q1 2028 to $1.56, Q2 2028 to $1.87 and FY2028 to $7.98. The increases indicate expectations for improving earnings over the medium and long term. Sidoti Powell Industries Estimates
• Neutral Sentiment: The estimate changes were mixed overall: Sidoti lowered FY2026 EPS to $5.40 from $5.67 and cut Q4 2026 EPS to $1.59 from $1.78, but maintained a stronger longer-term trajectory with FY2027 and FY2028 earnings forecasts of $6.95 and $7.98, respectively.
• Negative Sentiment: A Seeking Alpha analysis characterized Powell Industries as a potential “bull trap,” arguing that AI- and utility-related growth expectations may already be reflected in the stock’s valuation. With a reported price-to-earnings ratio above 40, valuation risk could weigh on the shares if earnings growth disappoints. Powell Industries: Bull Trap Over AI/Utility-Driven Growth At Hefty Price

Insider Activity at Powell Industries

In other news, CEO Brett Alan Cope sold 4,440 shares of the company’s stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $241.55, for a total transaction of $1,072,482.00. Following the completion of the sale, the chief executive officer owned 517,233 shares of the company’s stock, valued at $124,937,631.15. This represents a 0.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Michael William Metcalf sold 4,500 shares of the company’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $284.64, for a total transaction of $1,280,880.00. Following the sale, the executive vice president directly owned 78,900 shares of the company’s stock, valued at $22,458,096. The trade was a 5.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 55,088 shares of company stock worth $16,070,066 over the last 90 days. Corporate insiders own 2.20% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on POWL. Weiss Ratings downgraded shares of Powell Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. JPMorgan Chase & Co. increased their price target on Powell Industries from $310.00 to $360.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Cantor Fitzgerald boosted their price target on Powell Industries from $160.00 to $320.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Zacks Research lowered shares of Powell Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Finally, Glj Research raised shares of Powell Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $236.67.

Powell Industries Profile

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.