Powell Industries announces a quarterly cash dividend of $0.09 per share, payable on September 16, 2026.
Quiver AI Summary
Powell Industries, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.09 per share on its common stock, which will be payable on September 16, 2026, to shareholders who are on record as of August 19, 2026. The company, based in Houston, specializes in custom-engineered solutions for the management and distribution of electrical energy, serving various industries including utilities, oil and gas, and mining. For further details, interested parties can visit the company's website or contact their CFO.
Potential Positives
- The declaration of a quarterly cash dividend showcases the company's commitment to returning value to its shareholders.
- The dividend payment indicates financial stability and profitability, suggesting the company is in a strong position financially.
- The announcement highlights Powell Industries' position as a leader in supplying engineered solutions, which can enhance investor confidence in the company's market standing.
Potential Negatives
- The declared dividend of $0.09 per share may indicate limited profits available for reinvestment or growth, potentially signaling financial constraints.
- The timing of the dividend payment may raise concerns among investors about the company's cash flow and overall financial health.
- There is no detail provided regarding the company’s financial performance or future outlook, which may lead to uncertainty among investors.
FAQ
What is Powell Industries, Inc.'s recent dividend announcement?
Powell Industries declared a quarterly cash dividend of $0.09 per share on August 3, 2026.
When is the dividend payable to shareholders?
The dividend is payable on September 16, 2026, to shareholders of record on August 19, 2026.
Who can I contact for more information about Powell Industries?
You can contact Michael Metcalf, CFO, at 713-947-4422 or Robert Winters at Alpha IR Group, 312-445-2870.
What markets does Powell Industries serve?
Powell Industries serves large industrial customers including utilities, oil and gas producers, and petrochemical plants.
Where is Powell Industries headquartered?
Powell Industries is headquartered in Houston, Texas. Visit powellind.com for more information.
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 64 times in the past 6 months. Of those trades, 0 have been purchases and 64 have been sales.
Here’s a breakdown of recent trading of $POWL stock by insiders over the last 6 months:
- THOMAS W POWELL has made 0 purchases and 13 sales selling 110,529 shares for an estimated $50,956,086.
- BRETT ALAN COPE (President & CEO) has made 0 purchases and 5 sales selling 50,800 shares for an estimated $4,195,168.
- MICHAEL WILLIAM METCALF (Exec Vice President) has made 0 purchases and 28 sales selling 7,500 shares for an estimated $2,864,848.
- TERRY B MCKERTCHER (Vice President, Operations) has made 0 purchases and 4 sales selling 3,000 shares for an estimated $1,672,313.
- RICHARD E WILLIAMS has made 0 purchases and 3 sales selling 5,250 shares for an estimated $1,570,741.
- JOHN BIRCHALL (Managing Director) sold 2,400 shares for an estimated $1,398,000
- WILLIAM MARSHALL JR MAUNEY (Vice President, R&D) has made 0 purchases and 7 sales selling 2,500 shares for an estimated $809,217.
- MOHIT SINGH sold 1,350 shares for an estimated $395,833
- DAVID L ECKENRODE (Assistant Secretary/Treasurer) sold 295 shares for an estimated $168,150
- PING NI (Corp Controller) sold 70 shares for an estimated $41,300
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$POWL Hedge Fund Activity
We have seen 240 institutional investors add shares of $POWL stock to their portfolio, and 255 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 2,325,384 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $419,406,258
- VOSS CAPITAL, LP removed 642,000 shares (-61.1%) from their portfolio in Q1 2026, for an estimated $115,791,120
- FEDERATED HERMES, INC. removed 398,587 shares (-71.8%) from their portfolio in Q1 2026, for an estimated $71,889,151
- LORD, ABBETT & CO. LLC removed 277,572 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $50,062,885
- TIDAL INVESTMENTS LLC added 260,643 shares (+11401.7%) to their portfolio in Q1 2026, for an estimated $47,009,571
- SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC removed 254,889 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $45,971,780
- MORGAN STANLEY added 237,831 shares (+41.1%) to their portfolio in Q1 2026, for an estimated $42,895,199
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$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:
- JP Morgan issued a "Overweight" rating on 05/06/2026
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 3 analysts offer price targets for $POWL in the last 6 months, with a median target of $360.0.
Here are some recent targets:
- Manish Somaiya from Cantor Fitzgerald set a target price of $320.0 on 05/11/2026
- Tomohiko Sano from JP Morgan set a target price of $360.0 on 05/06/2026
- Gordon L. Johnson from GLJ Research set a target price of $450.0 on 03/05/2026
Full Release
HOUSTON, Aug. 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 declared a quarterly cash dividend on the Company’s common stock of $0.09 per share. The dividend is payable on September 16, 2026, to shareholders of record at the close of business on August 19, 2026.
Powell Industries, Inc., headquartered in Houston, designs, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy. Powell markets include large industrial customers such as utilities, oil and gas producers, refineries, petrochemical plants, pulp and paper producers, mining operations and commuter railways. For more information, please visit powellind.com .
| Contact: | Michael Metcalf, CFO |
| Powell Industries, Inc. | |
| 713-947-4422 | |
| Robert Winters | |
| Alpha IR Group | |
| [email protected] | |
| 312-445-2870 |
