William Marshall Mauney, Jr. Sells 2,500 Shares of Powell Industries (NASDAQ:POWL) Stock

Powell Industries, Inc. (NASDAQ:POWL) VP William Marshall Mauney, Jr. sold 2,500 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $323.69, for a total value of $809,225.00. Following the completion of the transaction, the vice president directly owned 10,853 shares of the company’s stock, valued at $3,513,007.57. This represents a 18.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Powell Industries Price Performance

NASDAQ:POWL opened at $296.98 on Friday. The firm’s 50-day moving average price is $220.09 and its 200-day moving average price is $164.70. The company has a market capitalization of $10.82 billion, a PE ratio of 58.12, a P/E/G ratio of 3.93 and a beta of 1.14. Powell Industries, Inc. has a 1-year low of $54.75 and a 1-year high of $328.00.

Powell Industries (NASDAQ:POWL) last released its earnings results on Monday, May 4th. The industrial products company reported $1.25 earnings per share for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.09). The business had revenue of $296.62 million during the quarter, compared to analysts’ expectations of $298.12 million. Powell Industries had a return on equity of 28.61% and a net margin of 16.51%.The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the company earned $3.81 earnings per share. Equities analysts anticipate that Powell Industries, Inc. will post 5.47 EPS for the current fiscal year.

Powell Industries Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 17th. Stockholders of record on Wednesday, May 20th will be given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, May 20th. Powell Industries’s payout ratio is currently 7.05%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on POWL shares. JPMorgan Chase & Co. boosted their price target on Powell Industries from $310.00 to $360.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Weiss Ratings raised Powell Industries from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 8th. Glj Research assumed coverage on Powell Industries in a research report on Thursday, March 5th. They issued a “hold” rating and a $150.00 price target for the company. Cantor Fitzgerald lifted their price target on Powell Industries from $160.00 to $320.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, Wall Street Zen lowered Powell Industries from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Powell Industries presently has an average rating of “Moderate Buy” and an average target price of $236.67.

Institutional Investors Weigh In On Powell Industries

Several institutional investors have recently modified their holdings of the business. Alps Advisors Inc. boosted its position in shares of Powell Industries by 1.1% during the fourth quarter. Alps Advisors Inc. now owns 1,599 shares of the industrial products company’s stock valued at $510,000 after buying an additional 18 shares during the last quarter. CWM LLC boosted its position in shares of Powell Industries by 2.0% during the fourth quarter. CWM LLC now owns 1,219 shares of the industrial products company’s stock valued at $389,000 after buying an additional 24 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in Powell Industries by 3.8% during the fourth quarter. Sequoia Financial Advisors LLC now owns 686 shares of the industrial products company’s stock valued at $219,000 after purchasing an additional 25 shares during the period. Maryland State Retirement & Pension System lifted its position in Powell Industries by 2.0% during the fourth quarter. Maryland State Retirement & Pension System now owns 1,380 shares of the industrial products company’s stock valued at $440,000 after purchasing an additional 27 shares during the period. Finally, Ashton Thomas Private Wealth LLC lifted its position in Powell Industries by 2.8% during the third quarter. Ashton Thomas Private Wealth LLC now owns 1,048 shares of the industrial products company’s stock valued at $319,000 after purchasing an additional 29 shares during the period. 89.77% of the stock is owned by hedge funds and other institutional investors.

Key Powell Industries News

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

• Positive Sentiment: Powell’s business outlook remains strong after it disclosed a record data center order worth more than $400 million, reinforcing the company’s exposure to AI-driven power infrastructure demand. How Powell Industries (POWL) Became a Direct Play on AI’s Power Bottleneck
• Positive Sentiment: Wall Street sentiment has improved, with firms such as JPMorgan and Cantor Fitzgerald raising price targets, signaling confidence in Powell’s growth prospects. Powell Industries (POWL) Price Target Increased to $360 by JPMorgan
• Neutral Sentiment: Analysts still point to strong demand in utility and industrial markets and growing backlog, but some commentary suggests the stock may already reflect much of that good news. Powell Industries (POWL) Valuation Check After Record AI Data Center Order And Strong Utility Demand
• Neutral Sentiment: A valuation-focused article argued Powell may be “fully priced” after its sharp rally, which can limit upside in the near term if growth expectations cool. Powell Industries: +164% Since December, Now A Fully-Priced HOLD
• Negative Sentiment: Zacks Research downgraded Powell Industries from “strong-buy” to “hold,” adding pressure by suggesting the stock’s recent strength may have outpaced fundamentals. Zacks.com downgrade coverage
• Negative Sentiment: Vice President William Marshall Mauney, Jr. sold 2,500 shares, which investors often read as a caution signal when a stock is trading near highs. SEC filing for insider transaction

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.