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2026-08-29 00:21 11d ago
2026-08-26 10:04 14d ago
Powell Industries míří na rekordní tržby díky datovým centrům
POWL Powell Industries
FMP Stock News 78
Original source text
3 Non-Tech Stocks Still Winning Big on AIPowell Industries NASDAQ: POWL said it is on track to surpass the more than $1 billion in revenue it generated last year, supported by demand for medium-voltage electrical equipment from data centers, utilities and industrial customers.

Speaking at the Midwest IDEAS Conference, Executive Vice President and CFO Michael Metcalf said the company reported approximately $860 million in revenue through the first nine months of its fiscal year. Powell manufactures low- and medium-voltage switchgear, circuit breakers, power control rooms and related automation systems, with its primary operating range between 480 volts and 38,000 volts.

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3 Industrial Stocks That Just Crushed EarningsMetcalf said Powell’s equipment supports power distribution after electricity moves from high voltage to medium voltage, regardless of whether the power is generated by solar, natural gas or another source. The company primarily serves North American markets using ANSI electrical standards, with five U.S. manufacturing facilities, a large Canadian operation and a U.K. facility serving the IEC-standard market.

Data Centers Represent About One-Third of Backlog Data-center activity has become a major driver of Powell’s order growth. Metcalf said data centers accounted for about one-third of the company’s backlog, while core industrial markets such as refining, LNG, petrochemicals and oil and gas represented roughly another third. Utilities account for most of the remaining backlog.

3 Small-Cap Leaders Poised for Significant GrowthThe company reported $934 million in orders during its most recent quarter, including a data-center contract valued at more than $400 million that was formally booked in the third quarter. Total backlog reached $2.4 billion, with approximately 55% expected to convert into revenue over the next 12 months, according to Metcalf.

“2027 is essentially booked at this point, and we’re booking into 2028 backlog,” Metcalf said.

Powell’s data-center work includes power control rooms and medium-voltage equipment located outside the facilities, rather than equipment installed within the data centers themselves. Metcalf said the company has seen demand shift toward its highest-voltage offerings, including 38 kV systems, as operators seek more power capacity.

While the company initially worked with hyperscalers and colocation providers, Metcalf said Powell has found opportunities serving “neoscalers,” which he described as real-estate-oriented developers that build infrastructure and lease capacity to companies such as Google or Microsoft. He said these customers can offer more manageable contract terms than some hyperscaler agreements.

Metcalf said management believes data-center demand could remain significant for another three to five years, though he acknowledged the pace of growth could soften. He said Powell has not seen a slowdown in current project activity.

Integrated Model and Automation Strategy Powell competes with larger electrical-equipment companies including ABB, Siemens, Schneider Electric and Eaton. Metcalf said Powell differentiates itself by supplying an integrated solution that includes switchgear, circuit breakers and the power control room or module housing the equipment.

He said competitors often must outsource the construction and integration of the building that houses their equipment, while Powell designs and builds the complete unit. That integrated approach has been particularly important in core industrial applications, according to Metcalf.

The company is also expanding its automation business, which Metcalf described as a high-margin and rapidly growing operation. Automation offerings include sensors and systems intended to help customers monitor equipment condition, identify abnormalities and support predictive maintenance.

Powell acquired U.K.-based controller company Remsdaq in August 2025. Metcalf said the business was integrated quickly and its technology was applied to a large U.S. data-center order during the first month after the acquisition closed.

The company is pursuing additional opportunities in engineered services, particularly upgrades and support for its installed base of circuit breakers. Powell acquired GE’s circuit-breaker business in 2006, giving it a broad installed base that management sees as a potential source of value-added service revenue.

Cash Position Supports Capacity Investments Metcalf said Powell had more than $600 million of cash and no debt at its most recent reporting date. He said the company does not currently need to raise debt or equity to fund planned capital expenditures, although a large transformational acquisition could require additional financing.

The company expects a meaningful portion of its cash balance to support working capital because Powell receives advance payments on long-cycle projects and later deploys capital during project execution. Metcalf estimated that 12% to 15% of each revenue dollar will eventually be required for working capital.

Powell is also completing a 335,000-square-foot expansion of its fabrication yard. Metcalf said the added capacity will allow the company to work on an additional 10 to 12 substations annually, with each substation typically valued at $10 million to $15 million. The expansion is aimed at supporting large, one-piece buildings for LNG, refinery and other industrial projects.

Looking ahead, Metcalf said Powell may consider a $75 million to $100 million greenfield facility within roughly the next 24 months to address capacity needs. He said the company could fund such a project with existing cash reserves.

About Powell Industries (NASDAQ:POWL)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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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2026-08-22 15:18 18d ago
2026-08-22 03:32 18d ago
BlackRock koupil 9,91% podíl v Powell Industries
POWL Powell Industries
FMP Stock News 78
Original source text
BlackRock Inc. bought a new stake in shares of Powell Industries, Inc. (NASDAQ:POWL – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,608,659 shares of the industrial products company’s stock, valued at approximately $1,033,376,000. BlackRock Inc. owned 9.91% of Powell Industries as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Greenline Wealth Management LLC bought a new position in Powell Industries during the fourth quarter valued at $29,000. MassMutual Private Wealth & Trust FSB raised its stake in shares of Powell Industries by 183.8% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 105 shares of the industrial products company’s stock valued at $30,000 after buying an additional 68 shares during the period. State of Wyoming purchased a new position in shares of Powell Industries during the 2nd quarter valued at $33,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Powell Industries during the 2nd quarter valued at $34,000. Finally, Steward Partners Investment Advisory LLC grew its stake in shares of Powell Industries by 126.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 113 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 63 shares during the period. Hedge funds and other institutional investors own 89.77% of the company’s stock.

Powell Industries Stock Performance Shares of POWL stock opened at $197.67 on Friday. Powell Industries, Inc. has a 52-week low of $83.02 and a 52-week high of $328.00. The company has a market capitalization of $7.20 billion, a PE ratio of 37.94, a price-to-earnings-growth ratio of 2.63 and a beta of 1.18. The business’s fifty day moving average is $239.55 and its 200 day moving average is $230.43.

Powell Industries (NASDAQ:POWL – Get Free Report) last posted its earnings results on Monday, August 3rd. The industrial products company reported $1.42 EPS for the quarter, missing the consensus estimate of $1.49 by ($0.07). The business had revenue of $311.74 million for the quarter, compared to analysts’ expectations of $316.70 million. Powell Industries had a return on equity of 27.51% and a net margin of 16.49%.Powell Industries’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.96 earnings per share. On average, sell-side analysts forecast that Powell Industries, Inc. will post 5.36 EPS for the current fiscal year. Powell Industries Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Wednesday, August 19th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Wednesday, August 19th. Powell Industries’s dividend payout ratio is 6.91%.

Analyst Ratings Changes POWL has been the subject of several recent research reports. Glj Research raised Powell Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Zacks Research downgraded shares of Powell Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. JPMorgan Chase & Co. increased their target price on shares of 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 downgraded shares of Powell Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Finally, Cantor Fitzgerald lowered their price target on shares of Powell Industries from $320.00 to $235.00 and set a “neutral” rating on the stock in a research report on Friday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Powell Industries presently has an average rating of “Moderate Buy” and an average target price of $215.42.

View Our Latest Report on POWL

Insider Activity at Powell Industries In related news, major shareholder Thomas W. Powell sold 33,958 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $294.49, for a total value of $10,000,291.42. Following the sale, the insider directly owned 564,736 shares of the company’s stock, valued at $166,309,104.64. This trade represents a 5.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Michael William Metcalf sold 4,500 shares of Powell Industries stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $284.64, for a total transaction of $1,280,880.00. Following the sale, the executive vice president owned 78,900 shares of the company’s stock, valued at approximately $22,458,096. The trade was a 5.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 42,898 shares of company stock valued at $12,353,653 over the last three months. 2.20% of the stock is owned by corporate insiders.

Powell Industries Company Profile (Free Report)

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.

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2026-08-06 10:58 1mo ago
2026-08-06 03:09 1mo ago
Powell Industries hlásí rekordní zakázky a vyšší tržby
POWL Powell Industries
FMP Stock News 92
Original source text
Powell Industries (NASDAQ:POWL) reported record third-quarter order bookings and a backlog that surpassed $2 billion for the first time in its 79-year history, as demand remained strong across data centers, electric utilities, LNG and other industrial markets.

For the fiscal third quarter ended June 30, Powell reported revenue of $312 million, up 9% from $286 million in the year-earlier period. Net income rose to $52.2 million, or $1.42 per diluted share, compared with $48.2 million, or $1.32 per diluted share, a year earlier.

Chairman, President and CEO Brett Cope said the quarter was highlighted by a record $934 million in new orders, nearly three times the prior-year level and almost double the preceding quarter’s total. The company finished the period with backlog of nearly $2.4 billion, up $967 million from a year earlier and $619 million sequentially.

Major Awards Lift Bookings The quarterly order total included Powell’s previously disclosed data center award exceeding $400 million for the first phase of a multistage, behind-the-meter onsite power-generation project. Cope said the project is expected to be executed over roughly two and a half years and will involve at least five North American facilities.

Powell also received an approximately $75 million award for electrical distribution equipment supporting a new Gulf Coast fertilizer-producing petrochemical facility, as well as an approximately $60 million award for a new LNG liquefaction project on the U.S. Gulf Coast.

Beyond those three large projects, the company booked more than $350 million in awards spread across its market verticals. Cope said Powell has secured more than $1.8 billion in new awards over the past three quarters and is now booking projects that will be executed into fiscal 2028.

Chief Financial Officer Mike Metcalf said the company’s third-quarter book-to-bill ratio was 3.0 times, while the year-to-date ratio was 2.2 times. About $1.3 billion, or roughly 54%, of the $2.4 billion backlog is expected to convert over the following 12 months, he said.

Commercial and other industrial markets represented 40% of backlog. Core industrial markets, including petrochemical and oil and gas, represented 30%. Electric utility markets represented 24%. Margins Remain Above 30% Gross profit increased by $7 million from the prior-year quarter to $95 million, while gross margin was essentially flat year over year at 30.6% and improved 90 basis points sequentially. Metcalf attributed the performance to project mix, operating leverage, stable pricing and project execution.

Selling, general and administrative expense increased $1.6 million to $27 million, primarily reflecting higher compensation costs, including the current-year impact of the Remsdaq acquisition. Still, SG&A declined 20 basis points from a year earlier to 8.6% of revenue.

Management said it is monitoring moderate inflation in commodities such as copper, aluminum and steel, as well as engineered components. Metcalf said Powell is using commodity hedging and commercial discipline to offset some inflationary pressure. Project closeouts added approximately 100 basis points to year-to-date margins through the first nine months, compared with about 130 basis points in the prior-year period.

Cope said the company sees continued margin opportunity in commercial markets, where delivery speed and available capacity can be important differentiators. He also cited automation and the expansion of the company’s service strategy as potentially accretive to gross margins over time, while cautioning that quarterly results can be uneven because of the project-based nature of the business.

Capacity Expansion Underway Powell is expanding its manufacturing, engineering and warehouse footprint to support its growing order book. The company expects its total facility footprint to increase by more than 20% by the end of fiscal 2026 compared with the end of fiscal 2025.

Actions include an additional 30,000 square feet of manufacturing capacity near its Ohio operation, with Powell expecting to exercise an option to expand that lease. The company also leased a facility near Houston that provides 50,000 square feet of added manufacturing space and opened two satellite engineering offices in the Houston metropolitan area.

Meanwhile, Powell’s Jacintoport expansion is nearing completion. The project will add 335,000 square feet of capacity initially intended for custom power control rooms serving the LNG market. Cope said the work should be completed within the next month or two, with utilization expected to ramp quickly. At full utilization, the expanded yard is expected to support well over $100 million in incremental annualized revenue.

The board also authorized the acquisition of a leased facility that will support approximately 300,000 square feet of manufacturing space. Powell expects that site to be available for activity late in the second or early in the third quarter of fiscal 2027. The facility will be supported by an earlier announced $8 million investment in fabrication equipment and upgrades at the company’s Moseley facility.

Powell continues to evaluate a potential greenfield, company-owned plant that could require $70 million to $100 million of capital and provide 250,000 to 300,000 square feet of factory space. Cope said a decision is expected in the near future.

Demand Outlook and Financial Position Management said activity remains robust in commercial, utility and LNG markets. Cope said data center activity has “clearly inflected higher” from a year ago, while the electric utility market is being supported by structurally undersupplied power demand. He added that LNG-related investment continues to support demand for electrical infrastructure across the natural gas supply chain.

Revenue in commercial and other industrial markets increased 54% year over year, while electric utility revenue rose 18%. Oil and gas revenue was relatively flat, petrochemical revenue declined 49%, and light rail traction power revenue fell 7% on low volume levels. International revenue declined slightly to $61 million amid softer Canadian market conditions, while domestic revenue rose 12%.

Powell generated $100 million in operating cash flow during the quarter and spent $6.5 million on capital expenditures. At June 30, the company had $634 million in cash equivalents and short-term investments and no debt.

Metcalf said Powell expects stable pricing, disciplined project execution and strong liquidity to support another year of strong financial performance in fiscal 2027.

About Powell Industries (NASDAQ:POWL) 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.
2026-08-03 22:49 1mo ago
2026-08-03 18:46 1mo ago
Powell Industries zklamala ziskem na akcii i výnosy
POWL Powell Industries
FMP Stock News 78
Original source text
Powell Industries (POWL - Free Report) came out with quarterly earnings of $1.42 per share, missing the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.32 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -4.70%. A quarter ago, it was expected that this energy equipment company would post earnings of $1.34 per share when it actually produced earnings of $1.25, delivering a surprise of -6.72%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Powell Industries, which belongs to the Zacks Manufacturing - Electronics industry, posted revenues of $311.74 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 2.05%. This compares to year-ago revenues of $286.27 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Powell Industries shares have added about 96.4% since the beginning of the year versus the S&P 500's gain of 9.4%.

What's Next for Powell Industries?While Powell Industries has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Powell Industries was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.63 on $334.71 million in revenues for the coming quarter and $5.47 on $1.2 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - Electronics is currently in the top 36% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

EnerSys (ENS - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 12.

This maker of industrial batteries is expected to post quarterly earnings of $2.82 per share in its upcoming report, which represents a year-over-year change of +35.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

EnerSys' revenues are expected to be $922.82 million, up 3.3% from the year-ago quarter.
2026-08-03 20:25 1mo ago
2026-08-03 16:05 1mo ago
Powell Industries hlásí rekordní objednávky a vyšší výnosy
POWL Powell Industries
FMP Stock News 92
Original source text
August 03, 2026 16:05 ET  | Source: Powell Industries, Inc.

HOUSTON, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ: POWL) (“Powell” or the “Company”), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the third quarter Fiscal 2026 ended June 30, 2026. All comparisons are to the third quarter of Fiscal 2025, unless otherwise noted.

Key Highlights: 

Revenues of $312 million increased 9%;Gross profit of $95 million, or 30.6% of revenue, increased 8%;Net income of $52 million, or $1.42 per diluted share(1), increased 8%;New orders(2) totaled $934 million, an increase of 158%;Backlog(3) as of June 30, 2026 totaled $2.4 billion, an increase of 69%;Cash and short-term investments as of June 30, 2026 totaled $634 million;Powell was awarded three mega(4) orders during the fiscal third quarter, including the previously announced data center order with a value exceeding $400 million, as well as orders in the Petrochemical market and the LNG end market. Brett A. Cope, Powell’s Chairman and Chief Executive Officer, stated, “Commercial momentum across our key end markets continues to accelerate as Powell was awarded a record $934 million of new orders(2) in the quarter and reported a book-to-bill ratio of 3.0x. Activity levels across Oil and Gas, Electric Utility and Commercial and Industrial end markets have remained very robust, highlighted in this most recent quarter by our previously announced mega(4) data center order with a value in excess of $400 million, as well as two additional mega(4) orders; one within the LNG end market that approximated $60 million and the other a Petrochemical order for roughly $75 million. The Powell team also continues to focus on strong project execution as we deliver our record backlog(3), demonstrated by a strong gross margin performance of 30.6%.”

Third Quarter Fiscal 2026 Results
Revenues totaled $312 million, an increase of 9% compared to $286.3 million in the prior year, and a sequential increase of 5% compared to $296.6 million in the second quarter of Fiscal 2026. The growth compared to the prior year was driven by higher revenue levels from the Commercial & Other Industrial market, which grew 54%, as well as from the Electric Utility market, which grew 18%. This was partially offset by lower revenue within the Petrochemical market, which declined 49%.

Gross profit of $95.3 million, or 30.6% of revenue, increased 8% compared to $87.9 million, or 30.7% of revenue, in the prior year and increased sequentially by 8% compared to $87.9 million, or 29.6% of revenue in the second quarter of Fiscal 2026. The increases in gross profit were primarily driven by higher volume levels and a continued strong and stable pricing environment.

New orders(2) totaled $934 million compared to $362 million in the prior year and $490 million in the second quarter of Fiscal 2026. The increases were driven by improved bookings predominantly within the Commercial & Other Industrial, Oil & Gas, and Petrochemical markets. During the quarter, the Company was awarded three mega(4) orders; one for a data center with a value exceeding $400 million related to a behind-the-meter design of on-site generation assets, a Petrochemical order with a value of approximately $75 million in the fertilizer industry, and a LNG order with a value of approximately $60 million to support the liquefaction and export of LNG along the U.S. Gulf Coast.

 Backlog(3) totaled $2.4 billion as of June 30, 2026, an increase of 69% compared to $1.4 billion as of June 30, 2025, and a sequential increase of 35% compared to $1.8 billion as of March 31, 2026.

Net income of $52.2 million, or $1.42 per diluted share(1), increased 8% compared to $48.2 million, or $1.32 per diluted share(1) in the prior year. The increase was the result of higher revenues coupled with strong gross margins during the quarter. Net income in the quarter increased sequentially by 14% compared to $45.9 million, or $1.25 per diluted share(1) in the second quarter of Fiscal 2026.

 On April 2, 2026, Powell effected a three-for-one forward split of our common stock and proportionately increased the number of authorized common stock from 30,000,000 to 90,000,000. Each shareholder of record as of the close of trading on March 20, 2026 (the “Record Date”) received, after the close of trading on April 2, 2026, two additional shares for every one share held on the Record Date. Trading began on a split-adjusted basis at market open on April 6, 2026.

OUTLOOK
Commenting on the Company’s expectations for the remainder of Fiscal 2026, Cope added, “The outlook for each of our core end markets are highly favorable, supported by durable and diverse demand drivers, including the continuation of U.S. LNG in the global energy landscape, growth in utility generation coupled with ongoing grid strengthening initiatives, as well as increasing demand to support data centers and related AI capacity demand. We anticipate activity across each of our core markets will remain robust. Our near-to-midterm focus remains on ensuring that Powell is adequately positioned to address these thematic, secular tailwinds driving the growing demand for electrical distribution equipment and custom, engineered-to-order solutions.”

Michael Metcalf, Powell’s Chief Financial Officer, commented, “Our strong project execution levels, combined with our growing backlog(3) and its overall composition across our core end markets, make us confident that Powell will deliver another very strong year of financial results as we close out Fiscal 2026 and look ahead to Fiscal 2027. We expect that gross margins will maintain levels consistent to the trailing twelve months, while prudently adding capacity to support the acceleration in our backlog(3). The expansion of our Jacintoport fabrication yard is expected to be completed by the close of Fiscal 2026, and we anticipate production to ramp up as we leverage this additional capacity to support recent core industrial project awards. We are also evaluating greenfield capacity expansions incremental to our added leased capacity in Houston and Ohio, while prioritizing adequate returns and ensuring the optimal manufacturing footprint for Powell over the long term.”

CONFERENCE CALL
Powell Industries has scheduled a conference call for Tuesday, August 4, 2026 at 11:00 a.m. Eastern time. To participate in the conference call, dial 1-833-953-2431 (domestic) or 1-412-317-5760 (international) at least 10 minutes before the call begins and ask for the Powell Industries conference call. A telephonic replay of the conference call will be available through August 11, 2026 and may be accessed by calling 1-855-669-9658 (domestic) or 1-412-317-0088 (international) and using passcode 3105582#.

 Investors, analysts and the general public will also have the opportunity to listen to the conference call over the Internet by visiting powellind.com. To listen to the live call on the web, please visit the website at least 15 minutes before the call begins to register, download and install any necessary audio software. For those who cannot listen to the live webcast, an archive will be available shortly after the call and will remain available for approximately twelve months at powellind.com.

About Powell Industries
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.

Any forward-looking statements in the preceding paragraphs of this release, including those related to our outlook, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties in that actual results may differ materially from those projected in the forward-looking statements. In the course of operations, we are subject to certain risk factors, competition and competitive pressures, sensitivity to general economic and industrial conditions, international political and economic risks, availability and price of raw materials, the impact of tariffs and execution of business strategy. In addition, our backlog(3) may not be indicative of future operating results as orders may be cancelled or modified by our customers and associated backlog may not be recognized as revenue on the timeline we expect or at all. For further information, please refer to the Company’s filings with the Securities and Exchange Commission (the “SEC”), copies of which are available from the Company without charge. 

Investors should note that we announce material financial information in SEC filings, press releases and public conference calls. Based on guidance from the SEC, we may use the Investors section of our website to communicate with investors. It is possible that the financial and other information posted there could be deemed to be material information. The information on our website is not part of, and is not incorporated to, this release.

POWELL INDUSTRIES, INC. & SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
     Three Months Ended
June 30, Nine Months Ended
June 30, 2026 2025 2026 2025(In thousands, except per share data)        (Unaudited)        Revenues$311,740  $286,273  $859,539  $806,335 Cost of goods sold216,441  198,374  604,886  575,480 Gross profit95,299 87,899 254,653 230,855        Selling, general and administrative expenses26,702  25,116  77,703  68,359 Research and development expenses4,300  2,659  11,856  7,881 Amortization of intangible assets221  —  666  — Operating income64,076  60,124  164,428  154,615         Other expenses (income):       Interest income, net(5,047) (3,977) (13,515) (11,397)Income before income taxes69,123  64,101  177,943  166,012 Income tax provision16,963  15,867  38,506  36,685 Net income$52,160  $48,234  $139,437  $129,327         Earnings per share(1):       Basic$1.43  $1.33  $3.83  $3.57 Diluted$1.42  $1.32  $3.81  $3.54         Weighted average shares(1):       Basic36,432  36,212  36,396  36,176 Diluted36,604  36,525  36,566  36,497                 SELECTED FINANCIAL DATA:               Depreciation and Amortization$2,165  $1,742  $6,496  $5,215 Capital Expenditures$6,525  $5,117  $10,386  $11,380 Dividends Paid$3,279  $3,228  $9,792  $9,640  POWELL INDUSTRIES, INC. & SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS     June 30, 2026 September 30, 2025(In thousands)  (Unaudited)  Assets:       Cash, cash equivalents and short-term investments$633,561  $475,527     All other current assets597,610  456,189     Property, plant and equipment, net118,634  111,049     Long-term assets56,893  66,219     Total assets$1,406,698  $1,108,984         Liabilities and equity:       Current liabilities$624,650  $446,387     Deferred and other long-term liabilities................................25,864 21,827    Stockholders’ equity.756,184  640,770     Total liabilities and stockholders’ equity$1,406,698  $1,108,984     SELECTED FINANCIAL DATA:       Working capital(5)$606,521  $485,329  (1) On April 2, 2026, the Company effected a three-for-one forward split of its common stock (the “Stock Split”). Share and per-share amounts disclosed for all periods have been retroactively adjusted to reflect the effect of the Stock Split.(2) New orders (bookings) represent the estimated value of contracts added to existing backlog (unsatisfied performance obligations).(3) The amounts recorded in backlog may not be a reliable indicator of our future operating results and may not be indicative of continuing revenue performance over future fiscal quarters or years primarily due to unexpected contract adjustments, cancellations or scope reductions.(4) A mega order is defined as an order with a contract value exceeding $50 million.(5) Working capital is equal to current assets (including cash and short-term investments) minus current liabilities.    Contacts:Michael W. Metcalf, CFO Powell Industries, Inc. 713-947-4422   Robert Winters Alpha IR Group [email protected] 312-445-2870
2026-07-29 16:47 1mo ago
2026-07-29 12:21 1mo ago
Powell Industries čeká růst tržeb i zisku ve 3Q
POWL Powell Industries
FMP Stock News 78
Original source text
Key Takeaways Powell Industries is expected to post higher Q3 earnings and revenues, backed by higher project activities.POWL's $1.8 billion backlog and Houston facility expansion are expected to support revenue execution.Powell Industries faces headwinds from higher costs and supply-chain challenges ahead of its Q3 report. Powell Industries, Inc. (POWL - Free Report) is scheduled to release third-quarter fiscal 2026 (ended June 2026) results on Aug. 3, after market close.

The Zacks Consensus Estimate for this Houston, TX-based tool maker’s fiscal third-quarter revenues is pegged at $318.3 million, indicating 11.2% growth from the year-ago quarter. The consensus estimate for adjusted earnings is pinned at $1.49 per share. The figure indicates an increase of 12.9% from the year-ago quarter’s number.

The consensus estimate for earnings has been stable over the past 60 days. The company has outperformed the consensus estimate thrice and missed once in the preceding four quarters, the average surprise being 7.8%.

Let’s see how things have shaped up for Powell Industries before the announcement.

Factors Likely to Have Shaped POWL’s Quarterly PerformanceThe company is expected to have put up a strong performance in the fiscal third quarter, supported by persistent strength and healthy levels of project activity across the electric utility and commercial & other industrial markets. Growing investments across power generation and electrical distribution markets are likely to have been favorable for its business in the electric utility market.

Several favorable trends, including growth in energy transition projects, such as biofuels, carbon capture and hydrogen production, are likely to have driven POWL’s performance in the oil and gas market. Also, a recovery in commercial activity is anticipated to uplift its results in the petrochemical market in the to-be-reported quarter.

Its increased participation across the electrical power value chain has enabled it to generate solid bookings from the electric utility and commercial & other industrial markets. This has led to a strong backlog level, which was $1.8 billion (up 33% year over year) while exiting the fiscal second quarter. Its facility expansion project at the product factory in Houston is expected to have helped it execute its strong backlog and generate strong revenues.

However, POWL has been incurring high costs and operating expenses over time, which are likely to have weighed on its performance. Also, supply-chain challenges, particularly in the industrial market, are likely to affect its results in the to-be-reported quarter.

Earnings WhisperOur proven model does not conclusively predict an earnings beat for Powell Industries this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as elaborated below.

Earnings ESP: Powell Industries has an Earnings ESP of 0.00% as both the Zacks Consensus Estimate and the Most Accurate Estimate are pegged at $1.49. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

Zacks Rank: POWL presently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.

Stocks With the Favorable CombinationHere are three companies, which according to our model, have the right combination of elements to post an earnings beat this season.

Ingersoll Rand Inc. (IR - Free Report) has an Earnings ESP of +0.61% and a Zacks Rank of 3 at present. The company is slated to release second-quarter 2026 results on July 30.

Ingersoll Rand’s earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters while matching the mark in two, the average surprise being 2.4%.

RBC Bearings Incorporated (RBC - Free Report) has an Earnings ESP of +0.66% and a Zacks Rank of 2 at present. The company is scheduled to release first-quarter fiscal 2027 earnings on July 31, before market open.

RBC Bearings’ earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 6.2%.

Ferguson plc (FERG - Free Report) has an Earnings ESP of +1.22% and a Zacks Rank of 3 at present. The company is scheduled to release second-quarter 2026 results on Aug. 10.

Ferguson’s earnings surpassed the Zacks Consensus Estimate in the last reported quarter by 6.5%.
2026-07-02 19:13 2mo ago
2026-07-02 14:51 2mo ago
Powell zvýšil tržby a backlog na 1,8 mld. USD
POWL Powell Industries
FMP Stock News 78
Original source text
Key Takeaways Powell posted 14% utility revenue growth and 35% commercial & industrial growth in fiscal Q2 2026.POWL's backlog reached $1.8 billion, up 33% year over year and 12% sequentially.Strong bookings, liquidity and balance sheet support Powell's revenue and earnings outlook for fiscal 2026. Powell Industries, Inc. (POWL - Free Report) is benefiting from its strong foothold and healthy project activities across the electric utility and commercial & other industrial markets. In the second quarter of fiscal 2026 (ended March 2026), revenues from the electric utility sector increased 14% year over year, while those from the commercial & other industrial sector surged 35%.

Powell is strengthening its participation across the electrical power value chain and benefiting from momentum in the data center and utility markets. Notably, it witnessed strong bookings in these markets in the first six months of fiscal 2026. Also, significant project awards supported by high investments in LNG, related gas processing and petrochemical processes have set Powell apart as a leading supplier of critical electrical infrastructure.

This has led to a strong backlog level, which was $1.8 billion (up 33% year over year and 12% sequentially) while exiting second-quarter fiscal 2026 (ended March 2026). Exiting the quarter, Powell’s new orders totaled $490 million, much higher than $439 million at the end of the previous quarter.

Given the company’s robust backlog, solid liquidity and a strong balance sheet, it looks forward to witnessing solid revenues and earnings in fiscal 2026 (ending September 2026).

Segment Snapshot of POWL’s PeersFranklin Electric Co. (FELE - Free Report) is witnessing solid momentum in the Energy Systems segment. In first-quarter 2026, net sales from Franklin Electric’s Energy Systems segment increased 7% year over year to $71.8 million. The segmental results were driven by an increase in volumes and price realization.

EnerSys (ENS - Free Report) is benefiting from the expansion of U.S. communications networks, fueled by AI-driven data demand. Increased demand for products from industrial customers is driving the Energy Systems segment’s results. Revenues from EnerSys’ Energy Systems segment increased 7% to $425.7 million in fourth-quarter fiscal 2026 (ended March 31, 2026).

POWL’s Price Performance, Valuation and EstimatesShares of Powell have surged 45% in the past three months compared with the industry’s growth of 15.9%.

Image Source: Zacks Investment Research

From a valuation standpoint, POWL is trading at a forward price-to-earnings ratio of 40.73X, above the industry’s average of 24.99X. Powell carries a Value Score of F.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for POWL’s fiscal 2026 (ending September 2026) earnings has decreased 1.8% over the past 60 days. However, the consensus estimates for fiscal 2027 (ending September 2027) have increased 9.8%.

Image Source: Zacks Investment Research

The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.