Powell Industries (POWL) reported fiscal third-quarter 2026 revenue of $312 million, up 9% from a year earlier, for the period ended June 30, 2026. Net income was $52.2 million, or $1.42 per diluted share, compared with $48.2 million, or $1.32 per diluted share, in the prior-year quarter.
The company said new orders totaled $934 million, up 158%, and backlog reached $2.4 billion as of June 30, 2026. Powell also reported cash and short-term investments of $634 million.
- Gross profit was $95.3 million, or 30.6% of revenue, compared with $87.9 million, or 30.7% of revenue, a year earlier.
- New orders included three mega orders, including a data center order valued at more than $400 million, a petrochemical order of about $75 million and an LNG order of about $60 million.
- Backlog increased 69% from $1.4 billion as of June 30, 2025, and rose 35% sequentially from $1.8 billion as of March 31, 2026.
- Powell completed a three-for-one forward stock split on April 2, 2026, with trading on a split-adjusted basis beginning April 6, 2026.
$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.
