Powell Industries, Inc. Announces Increase in Quarterly Cash Dividend to $0.27 per Share

Powell Industries increases quarterly cash dividend to $0.27 per share, effective March 18, 2026.

Quiver AI Summary

Powell Industries, Inc. has announced an increase in its quarterly cash dividend from $1.07 to $1.08 per share, now set at $0.27 per share, which will be paid on March 18, 2026, to shareholders of record by February 18, 2026. The company, based in Houston, specializes in custom-engineered solutions for managing, controlling, and distributing electrical energy, serving primarily the oil and gas, petrochemical, electric utility, and various industrial markets. Powell is also expanding its reach into new sectors including light rail traction power and is focused on developing distribution channels and partnerships in electrical markets. For more details, visit their website.

Potential Positives

The Board of Directors has approved an increase in the quarterly cash dividend, reflecting the company's commitment to returning value to shareholders.
The increase in the dividend from $1.07 to $1.08 per share may attract more investors looking for stable and increasing dividend payments.
The announcement highlights Powell Industries, Inc.'s strong financial performance and stability, indicating confidence in future earnings and cash flow.
Paying dividends on schedule reinforces the company's financial health and reliability in the eyes of current and potential investors.

Potential Negatives

While the increase in quarterly cash dividend may be seen as a positive gesture, it could indicate that the company has limited options for reinvesting profits back into growth opportunities, potentially signaling stagnation or maturity in its core markets.
The slight increase in the annualized dividend from $1.07 to $1.08 per share may be perceived as insufficient to attract investors seeking substantial returns, particularly compared to potential risks in the markets Powell operates in.
Due to the nature of its primary markets being oil and gas and petrochemical, there may be concerns about the company's long-term sustainability and adaptability in response to shifting energy policies and market demands towards more sustainable solutions.

FAQ

What is the new quarterly cash dividend for Powell Industries, Inc.?

The new quarterly cash dividend is $0.27 per share, up from $1.07 annually to $1.08.

When is the dividend payable?

The dividend is payable on March 18, 2026.

Who is eligible for the dividend payment?

Shareholders of record at the close of business on February 18, 2026, are eligible.

What does Powell Industries, Inc. specialize in?

Powell Industries specializes in custom engineered solutions for electrical energy management and distribution.

Which markets does Powell Industries, Inc. serve?

It primarily serves oil and gas, petrochemical, electric utility, and commercial markets among others.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$POWL Insider Trading Activity

$POWL insiders have traded $POWL stock on the open market 16 times in the past 6 months. Of those trades, 0 have been purchases and 16 have been sales.

Here’s a breakdown of recent trading of $POWL stock by insiders over the last 6 months:

FREDERICK N MUDGE (Vice President, Operations) sold 6,400 shares for an estimated $1,776,000
TERRY B MCKERTCHER (Vice President, Operations) has made 0 purchases and 4 sales selling 3,600 shares for an estimated $1,104,780.
WILLIAM MARSHALL JR MAUNEY (Vice President, R&D) sold 3,000 shares for an estimated $995,190
MICHAEL WILLIAM METCALF (Exec Vice President) has made 0 purchases and 9 sales selling 3,200 shares for an estimated $955,969.
JOHN BIRCHALL (Managing Director) sold 3,000 shares for an estimated $780,089

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$POWL Hedge Fund Activity

We have seen 204 institutional investors add shares of $POWL stock to their portfolio, and 195 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

KOVITZ INVESTMENT GROUP PARTNERS, LLC added 686,588 shares (+42.2%) to their portfolio in Q3 2025, for an estimated $209,278,888
FIRST TRUST ADVISORS LP added 244,051 shares (+65.8%) to their portfolio in Q3 2025, for an estimated $74,389,185
SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC added 142,762 shares (+inf%) to their portfolio in Q3 2025, for an estimated $43,515,285
MORGAN STANLEY added 127,382 shares (+75.3%) to their portfolio in Q3 2025, for an estimated $38,827,307
FISHER ASSET MANAGEMENT, LLC added 99,857 shares (+49.8%) to their portfolio in Q3 2025, for an estimated $30,437,412
JANUS HENDERSON GROUP PLC added 98,780 shares (+547.0%) to their portfolio in Q3 2025, for an estimated $30,109,131
DRIEHAUS CAPITAL MANAGEMENT LLC added 85,333 shares (+inf%) to their portfolio in Q3 2025, for an estimated $26,010,351

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$POWL Analyst Ratings

Wall Street analysts have issued reports on $POWL in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Roth Capital issued a "Buy" rating on 11/19/2025

To track analyst ratings and price targets for $POWL, check out Quiver Quantitative's $POWL forecast page.

$POWL Price Targets

Multiple analysts have issued price targets for $POWL recently. We have seen 2 analysts offer price targets for $POWL in the last 6 months, with a median target of $388.5.

Here are some recent targets:

Manish Somaiya from Cantor Fitzgerald set a target price of $427.0 on 01/23/2026
Chip Moore from Roth Capital set a target price of $350.0 on 11/19/2025

Full Release

HOUSTON, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that its Board of Directors has approved an increase to the quarterly cash dividend on the Company’s common stock to $0.27 per share, equating to an annualized dividend of $1.08 per share from the current $1.07 per share. The dividend is payable on March 18, 2026, to shareholders of record at the close of business on February 18, 2026.

Powell Industries, Inc., headquartered in Houston, Texas, develops, designs, manufactures and services custom-engineered equipment and systems that distribute, control and monitor the flow of electrical energy and provide protection to motors, transformers and other electrically powered equipment. Powell Industries, Inc. primarily serves the oil and gas and petrochemical markets, the electric utility market, and commercial and other industrial markets. Beyond these major markets, we also provide products and services to the light rail traction power market and other markets that include universities and government entities. We are continuously developing new channels to electrical markets through original equipment manufacturers and distribution market channels. For more information, please visit powellind.com.


Contact:	Michael Metcalf, CFO Powell Industries, Inc. 713-947-4422

	Robert Winters or Ryan Coleman Alpha IR Group [email protected] 312-445-2870