BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of common stock of Powell Industries Inc. BlackRock reports beneficial ownership of 3,517,738 shares, representing 9.7% of the outstanding common stock.
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BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of common stock of Powell Industries Inc. BlackRock reports beneficial ownership of 3,517,738 shares, representing 9.7% of the outstanding common stock. It has sole voting power over 3,467,001 shares and sole dispositive power over 3,517,738 shares, with no shared voting or dispositive power.
The filing explains that the reported holdings reflect securities beneficially owned, or deemed beneficially owned, by certain BlackRock business units, and exclude other disaggregated units. Various underlying clients have rights to dividends or sale proceeds, but no individual client holds more than five percent of Powell Industries’ outstanding common shares.
Key Figures
Beneficial ownership:3,517,738 sharesPercent of class:9.7%Sole voting power:3,467,001 shares+4 more
7 metrics
Beneficial ownership3,517,738 sharesCommon stock of Powell Industries beneficially owned by BlackRock
Percent of class9.7%Portion of Powell Industries common stock reported as beneficially owned
Sole voting power3,467,001 sharesShares for which BlackRock has sole power to vote or direct the vote
Shared voting power0 sharesShares for which BlackRock has shared power to vote
Sole dispositive power3,517,738 sharesShares for which BlackRock can solely direct disposition
Shared dispositive power0 sharesShares for which BlackRock has shared dispositive power
CUSIP739128106CUSIP number for Powell Industries common stock
Key Terms
beneficially owned, sole voting power, sole dispositive power, Schedule 13G, +1 more
5 terms
beneficially ownedfinancial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting powerfinancial
"Sole Voting Power 3,467,001.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive powerfinancial
"Sole Dispositive Power 3,517,738.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13Gregulatory
"In accordance with SEC Release No. 34-39538 this Schedule reflects"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
parent holding companyregulatory
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many Powell Industries (POWL) shares does BlackRock report owning?
BlackRock reports beneficial ownership of 3,517,738 Powell Industries common shares. This position is held with sole dispositive power, meaning BlackRock alone can decide whether to sell or hold these shares on behalf of its clients.
What percentage of Powell Industries (POWL) does BlackRock’s 13G/A represent?
BlackRock reports owning 9.7% of Powell Industries’ common stock. This percentage reflects the portion of the company’s outstanding common shares that are beneficially owned by certain BlackRock business units covered in this filing.
Does BlackRock share voting power over Powell Industries (POWL) shares?
BlackRock reports sole voting power over 3,467,001 Powell Industries shares and no shared voting power. Sole voting power means only BlackRock’s covered business units can vote or direct the vote for these shares.
Who ultimately benefits from BlackRock’s Powell Industries (POWL) holdings?
The filing states that various persons have rights to dividends and sale proceeds from the Powell Industries shares. However, no single person’s interest exceeds five percent of Powell Industries’ total outstanding common shares.
Do other BlackRock units besides the reporting business units hold Powell Industries (POWL) stock?
Yes. The filing notes that it covers only certain “Reporting Business Units” of BlackRock. Any holdings by other BlackRock units whose ownership is disaggregated under SEC guidance are not included in this reported position.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 16)
POWELL INDUSTRIES INC
(Name of Issuer)
Common Stock
(Title of Class of Securities)
739128106
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
739128106
1
Names of Reporting Persons
BlackRock, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
3,467,001.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
3,517,738.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,517,738.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.7 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
POWELL INDUSTRIES INC
(b)
Address of issuer's principal executive offices:
8550 MOSLEY DRIVE P O BOX 12818 HOUSTON TX 77075
Item 2.
(a)
Name of person filing:
BlackRock, Inc.
In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)
Address or principal business office or, if none, residence:
BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)
Citizenship:
See Item 4 of Cover Page
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
739128106
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
3517738
(b)
Percent of class:
9.7 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
3467001
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
3517738
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of POWELL INDUSTRIES INC. No one person's interest in the common stock of POWELL INDUSTRIES INC is more than five percent of the total outstanding common shares.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit 99
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
