Powell Industries (NASDAQ:POWL) Price Target Raised to $360.00

Powell Industries (NASDAQ:POWL) had its price objective increased by JPMorgan Chase & Co. from $310.00 to $360.00 in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have an overweight rating on the industrial products company’s stock.

Several other brokerages have also issued reports on POWL. Glj Research started coverage on shares of Powell Industries in a research report on Thursday, March 5th. They set a “hold” rating and a $150.00 target price for the company. Weiss Ratings restated a “buy (b-)” rating on shares of Powell Industries in a research report on Friday, April 24th. Cantor Fitzgerald boosted their target price on shares of Powell Industries from $142.33 to $160.33 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Wall Street Zen lowered shares of Powell Industries from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Zacks Research upgraded shares of Powell Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $196.75.

Powell Industries Trading Up 1.1%

Shares of NASDAQ POWL opened at $309.39 on Wednesday. The firm has a 50 day moving average of $206.99 and a 200 day moving average of $157.95. The firm has a market capitalization of $11.27 billion, a price-to-earnings ratio of 60.55, a price-to-earnings-growth ratio of 3.97 and a beta of 1.14. Powell Industries has a 12-month low of $54.75 and a 12-month high of $325.93.

Powell Industries (NASDAQ:POWL) last announced its earnings results on Monday, May 4th. The industrial products company reported $1.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.34 by ($0.09). The business had revenue of $296.62 million for the quarter, compared to the consensus estimate of $298.12 million. Powell Industries had a net margin of 16.51% and a return on equity of 28.61%. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the firm posted $3.81 earnings per share. Sell-side analysts predict that Powell Industries will post 5.51 EPS for the current year.

Powell Industries Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Investors 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 dividend on an annualized basis and a dividend yield of 0.1%. Powell Industries’s dividend payout ratio is currently 7.05%.

Insider Activity at Powell Industries

In related news, EVP Michael William Metcalf sold 9,000 shares of the company’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $176.00, for a total transaction of $1,584,000.00. Following the completion of the transaction, the executive vice president owned 83,400 shares in the company, valued at approximately $14,678,400. This represents a 9.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Treasurer David L. Eckenrode sold 885 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $190.00, for a total transaction of $168,150.00. Following the transaction, the treasurer owned 1,329 shares of the company’s stock, valued at approximately $252,510. This represents a 39.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 248,688 shares of company stock worth $44,535,053 in the last three months. Insiders own 2.20% of the company’s stock.

Hedge Funds Weigh In On Powell Industries

A number of hedge funds and other institutional investors have recently modified their holdings of POWL. Northwestern Mutual Wealth Management Co. boosted its position in shares of Powell Industries by 1,230,312.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 775,160 shares of the industrial products company’s stock worth $247,106,000 after acquiring an additional 775,097 shares during the last quarter. 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 raised its stake 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. Summit Partners Public Asset Management LLC purchased a new stake in Powell Industries during the third quarter valued at $43,515,000. Finally, Rock Creek Group LP raised its stake in 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 in the last quarter. 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: JPMorgan raised its price target on Powell Industries to $360 and maintained an Overweight rating, reinforcing a bullish view on the stock. Article: Benzinga report on JPMorgan price target increase
• Positive Sentiment: Sidoti increased multiple forward earnings estimates, including FY2027 and Q3/Q4 2027, suggesting expectations for stronger future profitability.
• Positive Sentiment: Powell Industries is being viewed as a trending stock and one of the top-performing dividend stocks in 2026, which may be drawing more investor attention. Article: Zacks trending stock article
• Neutral Sentiment: Sidoti lowered some near-term EPS estimates, including FY2026 and Q2 2027, which adds a bit of caution to the otherwise positive outlook.
• Neutral Sentiment: The company’s latest earnings report missed EPS and revenue estimates, so investors may be balancing strong future forecasts against recent execution misses.

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.