<div id="readability-page-1"><p>Wesbanco Bank Inc. lifted its position in  Powell Industries, Inc. (NASDAQ:POWL - Free Report) by 37.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor  owned 6,600 shares of the industrial products company's stock after purchasing an additional 1,800 shares during the quarter. Wesbanco Bank Inc. owned 0.05% of Powell Industries worth $2,012,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Powell Industries</strong> alerts:</span></p></div><ul><li>3 Small-Cap Leaders Poised for Significant Growth</li></ul><p>A number of other large investors also recently modified their holdings of the company. Elevation Point Wealth Partners LLC purchased a new stake in  Powell Industries in the second quarter worth approximately $33,000.  State of Wyoming bought a new stake in shares of  Powell Industries in the 2nd quarter worth approximately $33,000.  Manchester Capital Management LLC boosted its stake in shares of  Powell Industries by 42.9% in the 2nd quarter. Manchester Capital Management LLC now owns 200 shares of the industrial products company's stock valued at $42,000 after purchasing an additional 60 shares in the last quarter.  Virtus Advisers LLC purchased a new stake in shares of  Powell Industries in the 2nd quarter valued at $46,000.  Finally, Morgan Dempsey Capital Management LLC bought a new position in shares of  Powell Industries during the 2nd quarter valued at $52,000. 89.77% of the stock is owned by hedge funds and other institutional investors. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several analysts have weighed in on the stock. Cantor Fitzgerald boosted their price target on shares of Powell Industries from $427.00 to $481.00 and gave the stock a &#34;neutral&#34; rating in a research note on Thursday, February 5th. Weiss Ratings  reissued a &#34;buy (b-)&#34; rating on shares of Powell Industries in a research note on Monday, December 29th. Wall Street Zen cut Powell Industries from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Monday, January 19th. Finally, Roth Mkm  reaffirmed a &#34;buy&#34; rating and issued a $350.00 price target on shares of Powell Industries in a research note on Wednesday, November 19th. Two equities research analysts have rated the stock with a Buy rating and one  has given a Hold rating to the company. According to data from MarketBeat, Powell Industries presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $415.50.</p><ul><li>3 Electrical Gear Makers: Hidden Gems Amid Growing Digitization</li></ul><p><b>Read Our Latest Stock Report on POWL</b></p><h2>Powell Industries Trading Up 1.5%</h2><p>Powell Industries stock opened at $570.26 on Wednesday. The firm has a market cap of $6.92 billion, a P/E ratio of 37.05, a P/E/G ratio of 2.56 and a beta of 0.85. Powell Industries, Inc. has a 1-year low of $146.02 and a 1-year high of $593.76. The firm has a 50-day moving average of $390.94 and a 200-day moving average of $332.86. </p><p>Powell Industries (NASDAQ:POWL - Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $3.40 EPS for the quarter, beating analysts' consensus estimates of $2.85 by $0.55. Powell Industries had a return on equity of 30.64% and a net margin of 16.82%.The business had revenue of $251.18 million during the quarter, compared to analyst estimates of $255.34 million. During the same quarter in the prior year, the company posted $2.86 EPS. Powell Industries's quarterly revenue was up 4.1% compared to the same quarter last year.  Research analysts forecast that  Powell Industries, Inc. will post 13.71 earnings per share for the current fiscal year. </p><h2>Powell Industries Increases Dividend</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, February 18th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, February 18th. This is a positive change from Powell Industries's previous quarterly dividend of $0.27. This represents a $1.08 dividend on an annualized basis and a yield of 0.2%. Powell Industries's payout ratio is 6.95%. </p><h2>Insiders Place Their Bets</h2><p>In other Powell Industries news, VP William Marshall Mauney, Jr. sold 3,000 shares of the business's stock in a transaction on Friday, December 19th. The shares were sold at an average price of $331.73, for a total transaction of $995,190.00. Following the transaction, the vice president directly owned 4,451 shares of the company's stock, valued at approximately $1,476,530.23. The trade was a 40.26% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. 2.20% of the stock is currently owned by company insiders. </p><h2>Powell Industries Company Profile</h2> (Free Report)<p>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.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Powell Industries</li><li>Nvidia CEO Issues Bold Tesla Call</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>Your Bank Account Is No Longer Safe</li><li>Buy this Gold Stock Before May 2026</li><li>What a Former CIA Agent Knows About the Coming Collapse</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UE9XTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UE9XTA"/></p><p><em>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 contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Powell Industries Right Now?</h2><p>Before you consider Powell Industries, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Powell Industries wasn't on the list.</p><p>While Powell Industries currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

POWL

<p>Wesbanco Bank Inc. increased its stake in Powell Industries, Inc. by 37.5% in Q3, acquiring an additional 1,800 shares, bringing its total to 6,600 shares valued at $2,012,000. Other investors also modified their holdings. Analysts have mixed ratings on Powell Industries, with a consensus rating of "Moderate Buy" and a target price of $415.50. The company reported a quarterly EPS of $3.40, exceeding estimates, and announced a quarterly dividend of $0.27. Insiders have also been active, with VP William Marshall Mauney, Jr. selling 3,000 shares recently.</p>

Wesbanco Bank Inc. Purchases 1,800 Shares of Powell Industries, Inc. $POWL