NASDAQ:POWL News 4 January 2026 - 4 February 2026

Shares of Powell Industries jumped 8% to $439.37 by midday Friday after Tema ETFs disclosed a $24.3 million stake in the company. U.S. factory output rose in December, boosting electrical equipment makers. Eaton, Vertiv, and nVent also gained about 4%. Powell’s annual meeting is set for Feb. 18.

Powell Industries shares rose 6.6% to $389.74 Monday after Wall Street Zen upgraded the stock to “buy.” Volume reached 213,000 shares as the stock hit an intraday high of $396.80, trading about 11% above the new $350 price target. Investors are watching for Powell’s fiscal Q1 results in early February and its annual meeting on Feb. 18.

NEW YORK, Jan 3, 2026, 19:45 ET — Market closed Powell Industries shares surged 10.6% in Friday’s session, the first U.S. trading day of 2026, ending at $352.52. The outsized move came in a market that closed mixed, with the S&P 500 and Dow edging higher as Treasury yields rose and holiday-thinned volumes kept trading choppy, according to Reuters. Reuters “Value is outperforming growth and AI infrastructure is up,” said Jed Ellerbroek, a portfolio manager at Argent Capital, in comments cited by Reuters. Reuters Powell, headquartered in Houston, designs and manufactures custom-engineered equipment that distributes and controls electrical energy for