William Marshall Mauney, Jr. Sells 2,500 Shares of Powell Industries (NASDAQ:POWL) Stock

Powell Industries, Inc. (NASDAQ:POWL) VP William Marshall Mauney, Jr. sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $323.69, for a total value of $809,225.00. Following the sale, the vice president directly owned 10,853 shares of the company’s stock, valued at approximately $3,513,007.57. This represents a 18.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Powell Industries Stock Down 2.3%

POWL traded down $7.21 on Wednesday, hitting $300.84. 502,500 shares of the company traded hands, compared to its average volume of 774,901. The company has a 50 day moving average of $215.09 and a 200-day moving average of $162.15. The stock has a market capitalization of $10.96 billion, a PE ratio of 58.87, a PEG ratio of 4.21 and a beta of 1.14. Powell Industries, Inc. has a 12-month low of $54.75 and a 12-month high of $328.00.

Powell Industries (NASDAQ:POWL) last posted its quarterly earnings data on Monday, May 4th. The industrial products company reported $1.25 EPS for the quarter, missing the consensus estimate of $1.34 by ($0.09). Powell Industries had a net margin of 16.51% and a return on equity of 28.61%. The company had revenue of $296.62 million for the quarter, compared to analysts’ expectations of $298.12 million. During the same period in the prior year, the company earned $3.81 earnings per share. The firm’s revenue was up 6.5% on a year-over-year basis. On average, research analysts anticipate that Powell Industries, Inc. will post 5.47 EPS for the current year.

Powell Industries Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, May 20th will be given a dividend of $0.09 per share. The ex-dividend date is Wednesday, May 20th. This represents a $0.36 annualized dividend and a yield of 0.1%. Powell Industries’s payout ratio is presently 7.05%.

Institutional Investors Weigh In On Powell Industries

Institutional investors and hedge funds have recently bought and sold shares of the stock. Greenline Wealth Management LLC purchased a new stake in Powell Industries in the 4th quarter valued at approximately $29,000. Avanza Fonder AB purchased a new stake in Powell Industries in the 4th quarter valued at approximately $30,000. State of Wyoming purchased a new stake in Powell Industries in the 2nd quarter valued at approximately $33,000. Steward Partners Investment Advisory LLC lifted its stake in Powell Industries by 126.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 113 shares of the industrial products company’s stock valued at $36,000 after buying an additional 63 shares in the last quarter. Finally, First Horizon Corp purchased a new stake in Powell Industries in the 4th quarter valued at approximately $40,000. Hedge funds and other institutional investors own 89.77% of the company’s stock.

Powell Industries News Summary

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

• Positive Sentiment: Powell Industries continues to attract bullish analyst attention, with JPMorgan raising its price target to $360 and Cantor Fitzgerald lifting its target to $320, reinforcing expectations for further upside. Powell Industries (POWL) Price Target Increased to $360 by JPMorgan
• Positive Sentiment: Investor optimism remains supported by a major post-earnings catalyst: Powell Industries said it won a data center order worth more than $400 million, its largest order ever, highlighting demand tied to AI infrastructure and grid modernization. How Powell Industries (POWL) Became a Direct Play on AI’s Power Bottleneck
• Positive Sentiment: Recent coverage suggests Powell’s diversification beyond oil and gas is gaining traction, with backlog growth and expanding demand in utility and industrial markets. Is Powell Industries’ Diversification Efforts Gaining Traction?

Wall Street Analyst Weigh In

POWL has been the topic of several recent analyst reports. Texas Capital upgraded Powell Industries to a “strong-buy” rating in a research report on Friday, March 27th. JPMorgan Chase & Co. boosted their target price on Powell Industries from $310.00 to $360.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Zacks Research cut Powell Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday. Glj Research initiated coverage on Powell Industries in a research report on Thursday, March 5th. They set a “hold” rating and a $150.00 target price on the stock. Finally, Cantor Fitzgerald boosted their target price on Powell Industries from $160.00 to $320.00 and gave the stock a “neutral” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Powell Industries currently has an average rating of “Moderate Buy” and a consensus target price of $236.67.

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.