Key Points
- Powell VP William Marshall Mauney Jr. sold 3,000 shares on December 19 at an average price of $331.73 for about $995,190, cutting his ownership by 40.26% to 4,451 shares valued at roughly $1.48M.
- The company recently beat quarterly estimates, reporting $4.22 EPS versus $3.76 expected and $297.98M in revenue (up 8.3% YoY), with a 31.8% return on equity and a 16.4% net margin, indicating strong profitability.
- Shares trade near $336 (52‑week range $146.02–$413.00) with a $4.07B market cap and a 22.66 P/E; analysts have a consensus "Buy" and $350 average price target, while the stock yields $1.07 annually (0.3%) and is 89.77% institutionally owned.
Powell Industries, Inc. (NASDAQ:POWL - Get Free Report) VP William Marshall Mauney, Jr. sold 3,000 shares of the company's stock in a transaction on Friday, December 19th. The stock was sold at an average price of $331.73, for a total value of $995,190.00. Following the sale, the vice president owned 4,451 shares of the company's stock, valued at $1,476,530.23. The trade was a 40.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Powell Industries Stock Performance
Shares of POWL stock opened at $336.53 on Tuesday. Powell Industries, Inc. has a fifty-two week low of $146.02 and a fifty-two week high of $413.00. The stock's fifty day moving average price is $341.76 and its two-hundred day moving average price is $280.85. The company has a market cap of $4.07 billion, a PE ratio of 22.66, a P/E/G ratio of 1.56 and a beta of 0.87.
Powell Industries (NASDAQ:POWL - Get Free Report) last posted its quarterly earnings results on Tuesday, November 18th. The industrial products company reported $4.22 EPS for the quarter, topping analysts' consensus estimates of $3.76 by $0.46. The company had revenue of $297.98 million during the quarter, compared to analysts' expectations of $292.85 million. Powell Industries had a return on equity of 31.80% and a net margin of 16.37%.Powell Industries's revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.77 EPS. On average, equities analysts predict that Powell Industries, Inc. will post 13.71 EPS for the current fiscal year.
Powell Industries Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 19th were issued a $0.2675 dividend. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $1.07 dividend on an annualized basis and a dividend yield of 0.3%. Powell Industries's dividend payout ratio is 7.21%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in POWL. Truist Financial Corp grew its stake in shares of Powell Industries by 69.9% in the 2nd quarter. Truist Financial Corp now owns 10,522 shares of the industrial products company's stock valued at $2,214,000 after buying an additional 4,329 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Powell Industries by 1,010.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 42,607 shares of the industrial products company's stock worth $8,949,000 after acquiring an additional 38,769 shares in the last quarter. Bosun Asset Management LLC grew its stake in Powell Industries by 19.1% in the second quarter. Bosun Asset Management LLC now owns 20,930 shares of the industrial products company's stock valued at $4,405,000 after acquiring an additional 3,361 shares during the period. Archon Capital Management LLC increased its holdings in shares of Powell Industries by 218.1% during the second quarter. Archon Capital Management LLC now owns 12,700 shares of the industrial products company's stock valued at $2,673,000 after acquiring an additional 8,708 shares in the last quarter. Finally, Venture Visionary Partners LLC increased its holdings in shares of Powell Industries by 241.3% during the third quarter. Venture Visionary Partners LLC now owns 40,280 shares of the industrial products company's stock valued at $12,278,000 after acquiring an additional 28,478 shares in the last quarter. Institutional investors and hedge funds own 89.77% of the company's stock.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on the stock. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Powell Industries in a report on Monday, December 8th. Roth Capital restated a "buy" rating and issued a $350.00 target price on shares of Powell Industries in a research report on Wednesday, November 19th. Finally, Wall Street Zen raised shares of Powell Industries from a "hold" rating to a "buy" rating in a research note on Saturday, November 22nd. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $350.00.
Read Our Latest Research Report on POWL
About Powell Industries
(
Get Free Report)
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.
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