Hubbell (NYSE:HUBB) Releases FY 2026 Earnings Guidance

Hubbell (NYSE:HUBBGet Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 19.150-19.850 for the period, compared to the consensus EPS estimate of 19.770. The company issued revenue guidance of $6.3 billion-$6.4 billion, compared to the consensus revenue estimate of $6.3 billion.

Hubbell Stock Up 1.6%

NYSE:HUBB opened at $503.73 on Wednesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.36 and a quick ratio of 0.85. The firm’s 50-day moving average price is $460.22 and its 200-day moving average price is $443.54. The company has a market capitalization of $26.77 billion, a PE ratio of 31.25, a P/E/G ratio of 2.51 and a beta of 1.02. Hubbell has a 1-year low of $299.42 and a 1-year high of $513.59.

Hubbell (NYSE:HUBBGet Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $4.73 EPS for the quarter, topping the consensus estimate of $4.70 by $0.03. Hubbell had a net margin of 15.24% and a return on equity of 27.68%. The business had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the previous year, the firm posted $4.10 earnings per share. Hubbell’s quarterly revenue was up 11.9% on a year-over-year basis. Hubbell has set its FY 2026 guidance at 19.150-19.850 EPS. On average, equities analysts predict that Hubbell will post 17.63 EPS for the current fiscal year.

Hubbell Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be given a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, February 27th. Hubbell’s dividend payout ratio (DPR) is 35.24%.

Analysts Set New Price Targets

A number of research analysts have issued reports on HUBB shares. Wall Street Zen upgraded Hubbell from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Barclays set a $481.00 price target on Hubbell in a research report on Wednesday. JPMorgan Chase & Co. increased their price objective on shares of Hubbell from $417.00 to $458.00 and gave the company a “neutral” rating in a research report on Wednesday, October 15th. Morgan Stanley set a $515.00 target price on shares of Hubbell in a report on Wednesday, January 7th. Finally, Evercore ISI initiated coverage on shares of Hubbell in a report on Monday, December 15th. They set an “outperform” rating and a $575.00 price target on the stock. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $503.63.

Read Our Latest Stock Report on HUBB

Insider Activity

In related news, Director John F. Malloy purchased 435 shares of Hubbell stock in a transaction dated Monday, November 17th. The stock was purchased at an average cost of $429.24 per share, for a total transaction of $186,719.40. Following the completion of the purchase, the director directly owned 19,085 shares of the company’s stock, valued at $8,192,045.40. The trade was a 2.33% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.76% of the stock is currently owned by insiders.

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Institutional Investors Weigh In On Hubbell

Several hedge funds and other institutional investors have recently made changes to their positions in HUBB. Jones Financial Companies Lllp raised its stake in shares of Hubbell by 171.9% in the first quarter. Jones Financial Companies Lllp now owns 2,401 shares of the industrial products company’s stock worth $795,000 after buying an additional 1,518 shares during the period. Empowered Funds LLC increased its holdings in Hubbell by 18.9% in the 1st quarter. Empowered Funds LLC now owns 1,233 shares of the industrial products company’s stock worth $408,000 after acquiring an additional 196 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Hubbell by 271.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 212 shares of the industrial products company’s stock worth $70,000 after acquiring an additional 155 shares during the period. Acadian Asset Management LLC purchased a new position in Hubbell during the first quarter valued at approximately $599,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Hubbell by 31.1% in the second quarter. EverSource Wealth Advisors LLC now owns 468 shares of the industrial products company’s stock worth $191,000 after purchasing an additional 111 shares during the period. Hedge funds and other institutional investors own 88.16% of the company’s stock.

Hubbell Company Profile

(Get Free Report)

Hubbell Incorporated (NYSE: HUBB) is an industrial manufacturer and distributor of electrical and electronic products serving a range of end markets including commercial and residential construction, industrial, and utility customers. Founded in 1888 by Harvey Hubbell, the company has a long history in electrical innovation and product development and is headquartered in Connecticut. Hubbell designs, manufactures and sells components and systems that enable the distribution and control of electrical power and provide lighting solutions for indoor and outdoor environments.

The company’s offerings span a broad portfolio of products used by contractors, utilities, original equipment manufacturers and facility owners.

Further Reading

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