Powell Industries rises as investors lean into data-center backlog story

Powell Industries (POWL) is up 6.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied more to Powell’s strong order momentum and data-center exposure than to a fresh filing today. With no obvious new company disclosure on June 25, the gain likely reflects investors continuing to reprice the company after its recent report showed surging backlog, a major data-center award, and supportive analyst sentiment.

Details:

In its fiscal second-quarter 2026 update, Powell posted about $297 million in revenue, $490 million of new orders, and backlog of roughly $1.8 billion, showing demand remained strong.

Management said that after quarter-end it won a data-center order worth more than $400 million, described as the largest order in company history.

Powell has also highlighted favorable demand tied to AI-related data-center buildouts and broader electric utility spending, which helps support the view that investors are focusing on longer-term growth.

Recent analyst coverage has also been constructive, including coverage initiations and price-target increases following the company’s strong bookings and backlog trends.

Sources:

Powell Industries, SEC, Stock Analysis

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$POWL Insider Trading Activity

$POWL insiders have traded $POWL stock on the open market 53 times in the past 6 months. Of those trades, 0 have been purchases and 53 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 12 sales selling 76,571 shares for an estimated $40,955,795.
BRETT ALAN COPE (President & CEO) has made 0 purchases and 3 sales selling 10,360 shares for an estimated $3,122,326.
TERRY B MCKERTCHER (Vice President, Operations) has made 0 purchases and 4 sales selling 3,000 shares for an estimated $1,672,313.
MICHAEL WILLIAM METCALF (Exec Vice President) has made 0 purchases and 20 sales selling 3,000 shares for an estimated $1,583,987.
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.

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$POWL Hedge Fund Activity

We have seen 235 institutional investors add shares of $POWL stock to their portfolio, and 273 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
KOVITZ INVESTMENT GROUP PARTNERS, LLC removed 2,314,474 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $737,808,021
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
OPHIR ASSET MANAGEMENT PTY LTD removed 363,720 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $38,648,887
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

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 Government Contracts

We have seen $17,064 of award payments to $POWL over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

PEST MANAGEMENT SERVICES: $17,064

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts 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

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.