Nordea Investment Management AB Sells 1,685 Shares of Powell Industries, Inc. $POWL

Nordea Investment Management AB cut its holdings in Powell Industries, Inc. (NASDAQ:POWL) by 16.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,449 shares of the industrial products company’s stock after selling 1,685 shares during the quarter. Nordea Investment Management AB owned 0.07% of Powell Industries worth $2,772,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Kovitz Investment Group Partners LLC raised its stake in Powell Industries by 42.2% during the third quarter. Kovitz Investment Group Partners LLC now owns 2,314,474 shares of the industrial products company’s stock valued at $705,475,000 after purchasing an additional 686,588 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Powell Industries by 65.8% in the 3rd quarter. First Trust Advisors LP now owns 615,067 shares of the industrial products company’s stock worth $187,479,000 after buying an additional 244,051 shares in the last quarter. Voss Capital LP bought a new stake in shares of Powell Industries in the 2nd quarter worth about $38,904,000. Summit Partners Public Asset Management LLC bought a new stake in shares of Powell Industries in the 3rd quarter worth about $43,515,000. Finally, Fisher Asset Management LLC raised its position in shares of Powell Industries by 49.8% during the 3rd quarter. Fisher Asset Management LLC now owns 300,496 shares of the industrial products company’s stock valued at $91,594,000 after buying an additional 99,857 shares in the last quarter. Institutional investors own 89.77% of the company’s stock.

Insider Activity at Powell Industries

In related news, Treasurer David L. Eckenrode sold 295 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $570.00, for a total value of $168,150.00. Following the completion of the sale, the treasurer owned 443 shares in the company, valued at approximately $252,510. The trade was a 39.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ping Ni sold 70 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $590.00, for a total value of $41,300.00. Following the completion of the transaction, the insider directly owned 2,023 shares in the company, valued at approximately $1,193,570. This trade represents a 3.34% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 78,416 shares of company stock valued at $41,912,270. 2.20% of the stock is owned by insiders.

Analysts Set New Price Targets

POWL has been the subject of a number of analyst reports. Wall Street Zen downgraded shares of Powell Industries from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Weiss Ratings reissued a “buy (b-)” rating on shares of Powell Industries in a research note on Monday, December 29th. Cantor Fitzgerald upped their price objective on Powell Industries from $427.00 to $481.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Finally, Glj Research began coverage on Powell Industries in a research note on Thursday, March 5th. They issued a “hold” rating and a $450.00 price objective for the company. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Powell Industries currently has a consensus rating of “Moderate Buy” and an average target price of $427.00.

Powell Industries News Roundup

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

• Positive Sentiment: Sidoti sharply raised multi‑period EPS forecasts (FY2026, FY2027 and several quarters), boosting forward earnings expectations and signaling stronger margin/earnings visibility — a clear catalyst for higher valuation multiples. Read More.
• Positive Sentiment: An analyst raised the Q2 EPS estimate for Powell, reinforcing near‑term earnings momentum and supporting the stock’s intraday strength. Read More.
• Positive Sentiment: Coverage summaries note that Wall Street analysts are broadly bullish on POWL, which can attract incremental buy interest and improve liquidity as investors chase analyst‑backed names. Read More.
• Negative Sentiment: Recent volatility: a Zacks recap highlighted a sharp one‑day decline the prior session, reflecting heightened short‑term trading risk and the possibility of momentum reversals despite the latest upgrades. Read More.

Powell Industries Stock Performance

Shares of POWL stock opened at $538.04 on Friday. The stock has a 50 day moving average price of $514.05 and a 200 day moving average price of $396.56. Powell Industries, Inc. has a 52-week low of $152.89 and a 52-week high of $612.50. The firm has a market capitalization of $6.53 billion, a P/E ratio of 34.96, a P/E/G ratio of 2.28 and a beta of 0.82.

Powell Industries shares are going to split on the morning of Monday, April 6th. The 3-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Sunday, April 5th.

Powell Industries (NASDAQ:POWL) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $3.40 EPS for the quarter, topping the consensus estimate of $2.85 by $0.55. Powell Industries had a net margin of 16.82% and a return on equity of 30.64%. The company had revenue of $251.18 million for the quarter, compared to the consensus estimate of $255.34 million. During the same quarter last year, the firm posted $2.86 EPS. The firm’s revenue was up 4.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Powell Industries, Inc. will post 13.71 EPS for the current year.

Powell Industries Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, February 18th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from Powell Industries’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Wednesday, February 18th. Powell Industries’s dividend payout ratio is 7.02%.

Powell Industries Company 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.