Abacus FCF Advisors LLC purchased a new stake in Powell Industries, Inc. (NASDAQ: POWL) in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 26,037 shares of the industrial products company's stock, valued at approximately $7,456,000. Abacus FCF Advisors LLC owned 0.07%

The First Trust RBA American Industrial Renaissance ETF (NYSEARCA:AIRR) has quietly become one of the purest public-market proxies for the AI data center buildout.

Decelerating growth pains have negated Powell's growing backlog and richer margins, with the expensive P/E of 40x also contributing to its mixed investment thesis. Capacity expansion is underway, with management targeting over 20% YoY growth by FY2026 as they evaluate a new facility for further upside from H2'27 onwards. FQ4'26 is unlikely to enjoy a similar new order profile as that of FQ3'26, as POWL hints at smaller pipelines along the sub-$100M to $200M ranges.

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

Powell Industries' record orders lifted backlog to $2.4B, driving a capacity push as data center, utility and energy demand stays robust.

Powell Industries posted strong order intake, with a record $2.4B backlog and $934M in new orders, including a $400M data center project. Despite robust demand, POWL trades at 28x 2027 earnings, which is not cheap for a project-driven industrial; I rate the stock Hold at $189. Execution risk is elevated: future growth depends on timely capacity expansion, margin preservation above 28%, and continued data center order momentum.

Powell Industries, Inc. (POWL) Q3 2026 Earnings Call Transcript

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.

POWL's fiscal Q3 earnings and revenues miss estimates, even as record orders and a $2.4 billion backlog strengthen its outlook.

U.S. stock futures were higher this morning, with the Nasdaq 100 futures gaining around 150 points on Tuesday.