Steadtrust LLC Purchases 4,550 Shares of Powell Industries, Inc. $POWL

Steadtrust LLC increased its holdings in shares of Powell Industries, Inc. (NASDAQ:POWL) by 199.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,835 shares of the industrial products company’s stock after purchasing an additional 4,550 shares during the quarter. Powell Industries makes up about 1.0% of Steadtrust LLC’s investment portfolio, making the stock its 25th biggest holding. Steadtrust LLC’s holdings in Powell Industries were worth $1,957,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Greenline Wealth Management LLC acquired a new position in shares of Powell Industries during the 4th quarter worth about $29,000. MassMutual Private Wealth & Trust FSB raised its stake in Powell Industries by 183.8% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 105 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 68 shares during the period. State of Wyoming acquired a new stake in Powell Industries during the 2nd quarter valued at $33,000. Steward Partners Investment Advisory LLC lifted its holdings in Powell Industries by 126.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 113 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 63 shares during the last quarter. Finally, First Horizon Corp bought a new position in Powell Industries during the fourth quarter worth $40,000. Institutional investors own 89.77% of the company’s stock.

More Powell Industries News

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 Transactions at Powell Industries

In other Powell Industries news, major shareholder Thomas W. Powell sold 33,958 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $294.49, for a total value of $10,000,291.42. Following the completion of the sale, the insider owned 564,736 shares of the company’s stock, valued at approximately $166,309,104.64. This trade represents a 5.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Michael William Metcalf sold 4,500 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $284.64, for a total value of $1,280,880.00. Following the sale, the executive vice president owned 78,900 shares of the company’s stock, valued at approximately $22,458,096. This represents a 5.40% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 52,588 shares of company stock valued at $15,260,841 in the last 90 days. Corporate insiders own 2.20% of the company’s stock.

Powell Industries Stock Performance

NASDAQ:POWL opened at $211.56 on Monday. Powell Industries, Inc. has a 12 month low of $77.73 and a 12 month high of $328.00. The stock has a market capitalization of $7.71 billion, a price-to-earnings ratio of 40.61, a PEG ratio of 2.83 and a beta of 1.18. The firm has a fifty day simple moving average of $256.35 and a two-hundred day simple moving average of $226.73.

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

Powell Industries Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages have issued reports on POWL. JPMorgan Chase & Co. raised their price objective on shares of Powell Industries from $310.00 to $360.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Cantor Fitzgerald upped their target price on Powell Industries from $160.00 to $320.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Glj Research raised shares of Powell Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Weiss Ratings downgraded Powell Industries from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Finally, Zacks Research downgraded shares of Powell Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Two equities research 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 company’s stock. Based on data from MarketBeat.com, Powell Industries presently has an average rating of “Buy” and a consensus price target 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.