▌Top Stocks · ELECTRICAL EQUIPMENT·Updated September 21, 2026
Electrical Equipment Stocks to Own in September 2026: 7 Names
A countdown of seven electrical equipment stocks spans grid hardware, data-center systems, power management, electrical construction, and industrial distribution.
Top Stocks · ELECTRICAL EQUIPMENTUpdated September 21, 2026
Electrical equipment is emerging as one of the market’s clearest secular-growth themes. The investment case reaches beyond a single technology cycle: artificial-intelligence data centers are increasing power demand, utilities are upgrading aging networks, and electrification is expanding across transportation, heating, manufacturing, and commercial infrastructure. That creates a broad opportunity for companies supplying the physical systems that connect, protect, distribute, and manage electricity. Schneider Electric’s July 2026 guidance raise, linked to surging data-center demand, offered a recent indication of how rapidly infrastructure spending is reaching equipment suppliers.
The strongest sub-segments include grid hardware, power distribution, switchgear, breakers, cooling, thermal management, and data-center-focused electrical systems. Utilities need transformers, controls, protection equipment, and transmission components to handle higher loads, while data-center developers need resilient power distribution, backup systems, and faster interconnection. Supply constraints have also supported lead times and pricing for manufacturers with scale, although companies with heavier exposure to construction, general industry, or cyclical projects can experience more volatility.
This countdown covers seven US-listed electrical equipment and infrastructure names, ranging from specialized switchgear manufacturers to diversified power-management companies and grid contractors. The ranking considers depth of exposure to the theme first, then business fundamentals, including profitability, growth, valuation, earnings execution, and balance-sheet signals. Read from #7 down to #1: the final entry is the highest-ranked pick in this month’s list.
The screen is limited to US-listed companies with market capitalizations above $500 million and meaningful exposure to electrical equipment, power management, grid infrastructure, or related electrical systems. We then apply a qualitative ranking based first on how directly each business participates in the theme, followed by operating margins, return metrics, revenue and earnings growth, valuation, recent earnings performance, and analyst sentiment. The article is presented in countdown order, so the best pick is intentionally held for #1. Metrics reflect the latest available primary-source financial data and composite quality measures as of September 2026.
What they do. The company manufactures and sells electrical, mechanical, safety, and infrastructure products, including metal and plastic conduit, fittings, cable, flexible conduit, cable-management systems, mechanical tubing, and framing. Its revenue model combines product sales with construction services and infrastructure offerings across brands such as Allied Tube & Conduit, AFC Cable Systems, Unistrut, and Power-Strut, serving construction, infrastructure, industrial, healthcare, government, alternative power, and data-center customers.
Why it fits. Atkore supplies the conduit, cable-management, framing, and protection products used to route and secure electrical systems. Its exposure to data centers, infrastructure, alternative power generation, and maintenance markets gives it a direct connection to electrical construction, although its broader safety and construction exposure makes the theme participation less concentrated than that of specialized switchgear suppliers.
Numbers that matter. Revenue grew 8.1% year over year, but earnings growth was negative 98.4% and trailing EPS was negative $4.83. Gross margin was 20.6%, operating margin was 9.66%, and net margin was negative 5.55%; ROE was negative 11.87% while ROA was 4.0%. The forward P/E was 14.881, below several faster-growing peers, but the weak earnings and return profile explains the C+ composite grade.
Recent momentum. Atkore beat EPS estimates in each of the three most recent reported quarters: $1.74 versus $1.35 in August 2026, a 28.9% surprise; $1.23 versus $1.03 in May, a 19.4% surprise; and $0.83 versus $0.63 in February, a 31.7% surprise. Its overall beat rate was 6 of 8 quarters. Analysts recorded three Holds, a 3.5 consensus score, and an average target of $93.50, signaling a more cautious view despite the recent beats.
What they do. Now operating as Regal Rexnord, the company provides power, transmission, and motion-control products through Automation & Motion Control, Industrial Powertrain Solutions, and Power Efficiency Solutions. Products include motors, drives, controls, actuators, bearings, couplings, gearboxes, brakes, fans, blowers, and power-management equipment, including automatic transfer switches, paralleling switchgear, and modular electric pod solutions. It sells across industrial, automation, aerospace, HVAC, energy, medical, and data-center applications.
Why it fits. Regal Rexnord reaches the theme through motors, controls, power efficiency, and data-center power and thermal-management content. Its automatic transfer switches, paralleling switchgear, and modular electric pod solutions are especially relevant to resilient electrical infrastructure, while its large industrial powertrain and automation businesses provide diversification but dilute its pure-play electrical-equipment exposure.
Numbers that matter. Revenue grew 4.2% year over year and earnings growth was 47.1%. Gross margin was 37.5%, operating margin was 12.35%, and net margin was 5.35%; ROE was 4.77% and ROA was 3.24%. The trailing P/E was 30.463 versus a forward P/E of 11.0375, while trailing EPS was $4.86. That forward valuation implies a substantial improvement in expected earnings, but the return metrics remain modest.
Recent momentum. The company reported August 2026 EPS of $2.99 against a $2.60 estimate, a 15.0% surprise, followed by May EPS of $2.17 versus $2.11 and February EPS of $2.51 versus $2.48. It beat estimates in 5 of 7 completed quarters. The analyst breakdown was two Buys and two Holds, producing a 4.5 consensus score and a $248.20 average target.
What they do. nVent designs, manufactures, markets, installs, and services electrical connection and protection solutions through its Systems Protection and Electrical Connections segments. Its portfolio includes enclosures, bus systems, cable management, control buildings, electrical connections, switchgear, power-management products, and liquid- and air-cooling solutions. The company sells through distributors, contractors, retailers, and original-equipment manufacturers under brands including nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF, and TRACHTE.
Why it fits. nVent has unusually direct exposure to the electrical systems surrounding critical infrastructure. Its data-center protection, enclosures, bus systems, cable management, switchgear, and liquid- and air-cooling products address both power distribution and thermal-management needs, two of the most important equipment requirements in high-density computing facilities.
Numbers that matter. Revenue grew 52.8% year over year and earnings growth reached 98.0%. Gross margin was 36.5%, operating margin was 18.83%, and net margin was 12.38%; ROE was 15.75% and ROA was 7.36%. The trailing P/E was 43.8556 and forward P/E was 24.2718, a premium valuation supported by the company’s growth profile. Trailing EPS was $3.60, with next-year EPS estimated at $6.4806.
Recent momentum. nVent reported July 2026 EPS of $1.45 versus an estimate of $1.16, a 25.0% surprise, after May EPS of $1.09 versus $0.94, a 16.0% surprise. It beat estimates in 5 of 7 completed quarters. Four analysts rated it Buy and one rated it Hold, producing a 4.5385 consensus score and a $206.67 average target.
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What they do. Hubbell manufactures electrical and utility solutions through Electrical Solutions and Utility Solutions. The utility portfolio includes transmission and distribution components such as arresters, insulators, connectors, bushings, enclosures, cutouts, and switches, along with smart meters, communications systems, and protection and control devices. Its Electrical Solutions segment supplies wiring devices, grounding products, connectors, industrial controls, and communications systems through distributors, retailers, contractors, utilities, and original-equipment manufacturers.
Why it fits. Hubbell is a direct grid-modernization play because its Utility Solutions segment supplies critical components for energy transmission and distribution. Smart metering, protection and control, substation, and transmission products give it exposure to the utility spending cycle, while wiring devices and industrial controls extend the opportunity into commercial and industrial electrification.
Numbers that matter. Revenue grew 15.3% year over year, while earnings growth was negative 0.9%. Hubbell posted a 35.3% gross margin, 21.67% operating margin, and 14.49% net margin; ROE was 24.44% and ROA was 8.43%. The trailing P/E was 26.4606 and forward P/E was 19.8807, with trailing EPS of $16.89 and next-year EPS estimated at $22.9132. The combination of strong returns and utility exposure supports the B+ grade, although valuation and slower earnings growth temper the case.
Recent momentum. July 2026 EPS was $5.52 versus a $5.31 estimate, a 4.0% surprise, following April EPS of $3.93 versus $3.86 and February EPS of $4.73 versus $4.72. Hubbell beat estimates in 6 of 7 completed quarters. The analyst group consisted of 10 Holds, with a 3.6667 consensus score and a $565.73 average target, reflecting confidence in the business but limited enthusiasm in the recommendation mix.
What they do. Quanta Services provides engineering, procurement, construction, upgrade, repair, maintenance, and emergency-restoration services for electric and gas utilities, power generation, communications, manufacturing, and energy customers. Its Electric Infrastructure Solutions segment works on transmission and distribution infrastructure, substations, smart-grid technology, renewable-generation facilities, and commercial and industrial wiring. The company generates revenue primarily through large infrastructure projects and recurring maintenance, repair, and technical services.
Why it fits. Quanta is one of the most direct ways to participate in the physical buildout of the electric grid, even though it is an infrastructure contractor rather than an equipment manufacturer. Its work on transmission, distribution, substations, smart grids, generation, load centers, and commercial wiring places it at the execution point of rising electricity demand and utility capital spending.
Numbers that matter. Revenue grew 41.1% year over year and earnings growth was 94.7%. Gross margin was 15.5%, operating margin was 7.22%, and net margin was 4.03%; ROE was 15.34% and ROA was 5.23%. The trailing P/E was 73.0172 and forward P/E was 32.6797, making valuation a major consideration despite the growth. Trailing EPS was $8.72, with next-year EPS estimated at $19.7151.
Recent momentum. Quanta’s July 2026 EPS of $3.93 exceeded the $3.03 estimate by 29.7%, while April EPS of $2.68 beat the $2.03 estimate by 32.0%. It has beaten estimates in all 7 completed quarters in the reported history. The consensus score was 4.4, with one Buy, seven Holds, and one Sell, alongside an average target of $768.70. That record supports the operating case, but the high P/E leaves less room for execution disappointments.
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This monthly screen begins with US-listed companies valued above $500 million that have meaningful exposure to electrical equipment, power management, grid infrastructure, electrical distribution, or related services. Companies are ordered first by depth of exposure to the electrical-equipment theme, then by business fundamentals. The second-stage review considers profitability, return on equity and assets, revenue and earnings growth, forward and trailing valuation, earnings-estimate execution, leverage signals, analyst consensus, and the composite quality grade. The ranking is a relative comparison within this seven-stock universe, not a forecast of returns. Because operating results and valuations change, the screen is refreshed monthly.
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