State of New Jersey Common Pension Fund D Purchases New Shares in Powell Industries, Inc. $POWL

State of New Jersey Common Pension Fund D purchased a new position in shares of Powell Industries, Inc. (NASDAQ:POWL) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 6,705 shares of the industrial products company’s stock, valued at approximately $2,137,000.

Other hedge funds have also recently added to or reduced their stakes in the company. CWM LLC raised its stake in shares of Powell Industries by 2.0% in the fourth quarter. CWM LLC now owns 1,219 shares of the industrial products company’s stock worth $389,000 after acquiring an additional 24 shares during the last quarter. Ashton Thomas Private Wealth LLC increased its stake in shares of Powell Industries by 2.8% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 1,048 shares of the industrial products company’s stock valued at $319,000 after buying an additional 29 shares during the period. State of Wyoming increased its position in Powell Industries by 18.5% in the third quarter. State of Wyoming now owns 186 shares of the industrial products company’s stock worth $57,000 after purchasing an additional 29 shares during the period. Arizona State Retirement System grew its position in shares of Powell Industries by 1.1% during the 3rd quarter. Arizona State Retirement System now owns 2,847 shares of the industrial products company’s stock worth $868,000 after buying an additional 30 shares during the period. Finally, Cornerstone Investment Partners LLC raised its position in shares of Powell Industries by 1.6% during the 4th quarter. Cornerstone Investment Partners LLC now owns 1,911 shares of the industrial products company’s stock valued at $609,000 after acquiring an additional 30 shares during the last quarter. Institutional investors own 89.77% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Cantor Fitzgerald raised their target price on Powell Industries from $142.33 to $160.33 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Wall Street Zen lowered Powell Industries from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Glj Research initiated coverage on shares of Powell Industries in a report on Thursday, March 5th. They set a “hold” rating and a $150.00 price objective on the stock. Texas Capital upgraded Powell Industries to a “strong-buy” rating in a report on Friday, March 27th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Powell Industries in a report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $196.75.

Powell Industries Trading Up 1.1%

NASDAQ:POWL opened at $309.39 on Friday. The stock has a market capitalization of $11.27 billion, a PE ratio of 60.55, a P/E/G ratio of 4.01 and a beta of 1.14. Powell Industries, Inc. has a 1-year low of $54.75 and a 1-year high of $325.93. The firm has a fifty day simple moving average of $206.99 and a 200 day simple moving average of $157.95.

Powell Industries (NASDAQ:POWL) last posted its quarterly 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 firm had revenue of $296.62 million for the quarter, compared to the consensus estimate of $298.12 million. Powell Industries had a return on equity of 28.61% and a net margin of 16.51%.The business’s revenue was up 6.5% compared to the same quarter last year. During the same period last year, the company posted $3.81 earnings per share. On average, equities analysts predict that Powell Industries, Inc. will post 5.51 earnings per share for the current fiscal year.

Powell Industries Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, May 20th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 0.1%. The ex-dividend date is Wednesday, May 20th. Powell Industries’s dividend payout ratio (DPR) is 7.05%.

Insider Activity

In other Powell Industries news, insider Ping Ni sold 210 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $196.67, for a total value of $41,300.00. Following the sale, the insider owned 6,069 shares in the company, valued at $1,193,570. This represents a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Brett Alan Cope sold 4,440 shares of the firm’s stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $233.96, for a total value of $1,038,782.40. Following the completion of the sale, the chief executive officer directly owned 164,851 shares of the company’s stock, valued at approximately $38,568,539.96. The trade was a 2.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 248,688 shares of company stock valued at $44,535,053. Company insiders own 2.20% of the company’s stock.

Key Powell Industries News

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.

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.