Nissay Asset Management Corp Japan Boosts Stock Holdings in Powell Industries, Inc. $POWL

31 Aug 2026, 09:37 by Michael Walen · The Markets Daily

Nissay Asset Management Corp Japan lifted its position in Powell Industries, Inc. (NASDAQ:POWL – Free Report) by 333.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 23,607 shares of the industrial products company’s stock after acquiring an additional 18,161 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Powell Industries were worth $6,760,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Capital World Investors purchased a new stake in shares of Powell Industries during the 4th quarter worth about $20,704,000. Private Advisory Group LLC acquired a new stake in shares of Powell Industries during the 2nd quarter valued at about $14,158,000. Voss Capital LP increased its stake in shares of Powell Industries by 18.6% in the 4th quarter. Voss Capital LP now owns 350,000 shares of the industrial products company’s stock valued at $111,573,000 after purchasing an additional 55,000 shares in the last quarter. GW&K Investment Management LLC increased its stake in shares of Powell Industries by 13.4% in the 4th quarter. GW&K Investment Management LLC now owns 254,520 shares of the industrial products company’s stock valued at $81,137,000 after purchasing an additional 30,013 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in Powell Industries by 324.5% in the 1st quarter. Bank of America Corp DE now owns 90,797 shares of the industrial products company’s stock worth $49,128,000 after purchasing an additional 69,407 shares during the period. 89.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Weiss Ratings cut Powell Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 19th. Cantor Fitzgerald decreased their target price on Powell Industries from $320.00 to $235.00 and set a “neutral” rating on the stock in a research report on Friday, August 14th. JPMorgan Chase & Co. lifted their price target on shares of Powell Industries from $310.00 to $360.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Zacks Research cut shares of Powell Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Finally, Glj Research raised shares of Powell Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $215.42.

Get Our Latest Research Report on Powell Industries

Powell Industries Stock Performance

Shares of Powell Industries stock opened at $182.71 on Monday. Powell Industries, Inc. has a twelve month low of $83.85 and a twelve month high of $328.00. The firm has a market capitalization of $6.66 billion, a PE ratio of 35.07, a P/E/G ratio of 2.43 and a beta of 1.18. The firm’s 50-day moving average price is $228.78 and its 200 day moving average price is $231.42.

Powell Industries (NASDAQ:POWL – Get Free Report) last posted its quarterly earnings data 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). Powell Industries had a return on equity of 27.51% and a net margin of 16.49%.The firm had revenue of $311.74 million for the quarter, compared to analysts’ expectations of $316.70 million. During the same quarter last year, the firm posted $3.96 earnings per share. Powell Industries’s quarterly revenue was up 8.9% on a year-over-year basis. On average, sell-side analysts predict that Powell Industries, Inc. will post 5.36 EPS for the current fiscal year.

Powell Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Wednesday, August 19th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.2%. Powell Industries’s payout ratio is currently 6.91%.

Insider Buying and Selling

In other Powell Industries news, CEO Brett Alan Cope sold 4,440 shares of the firm’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $241.55, for a total value of $1,072,482.00. Following the transaction, the chief executive officer owned 517,233 shares in the company, valued at approximately $124,937,631.15. This trade represents a 0.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Michael William Metcalf sold 4,500 shares of the firm’s stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $284.64, for a total value of $1,280,880.00. Following the completion of the transaction, the executive vice president owned 78,900 shares in the company, valued at $22,458,096. The trade was a 5.40% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 42,898 shares of company stock worth $12,353,653. 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.