Hubbell (NYSE:HUBB) Releases FY 2026 Earnings Guidance

Hubbell (NYSE:HUBB) updated its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 20.250-20.550 for the period, compared to the consensus EPS estimate of 19.980. The company issued revenue guidance of $6.8 billion-$6.9 billion, compared to the consensus revenue estimate of $6.6 billion.

Analyst Ratings Changes

Several research analysts have recently weighed in on HUBB shares. Weiss Ratings cut Hubbell from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, July 14th. Wells Fargo & Company increased their price target on Hubbell from $530.00 to $560.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Stephens lifted their price objective on Hubbell from $550.00 to $600.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Barclays lifted their price objective on Hubbell from $481.00 to $503.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. Finally, Wall Street Zen upgraded Hubbell from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Five equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $554.38.

Hubbell Price Performance

Hubbell stock opened at $499.14 on Tuesday. The company has a current ratio of 1.58, a quick ratio of 0.94 and a debt-to-equity ratio of 0.54. The company has a 50-day moving average price of $488.83 and a 200 day moving average price of $496.94. Hubbell has a 12-month low of $403.82 and a 12-month high of $565.50. The stock has a market cap of $26.37 billion, a P/E ratio of 29.48, a PEG ratio of 2.43 and a beta of 0.89.

Hubbell (NYSE:HUBB) last posted its earnings results on Thursday, April 30th. The industrial products company reported $3.93 earnings per share for the quarter, beating the consensus estimate of $3.87 by $0.06. Hubbell had a net margin of 15.10% and a return on equity of 27.09%. The company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the business posted $3.50 EPS. Hubbell’s revenue was up 11.1% on a year-over-year basis. Hubbell has set its FY 2026 guidance at 19.300-19.850 EPS. Sell-side analysts anticipate that Hubbell will post 19.98 earnings per share for the current year.

Hubbell Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, August 31st. Hubbell’s payout ratio is presently 33.55%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in HUBB. Lido Advisors LLC grew its holdings in shares of Hubbell by 27.6% during the 3rd quarter. Lido Advisors LLC now owns 758 shares of the industrial products company’s stock worth $326,000 after purchasing an additional 164 shares during the period. First Citizens Bank & Trust Co. purchased a new stake in Hubbell in the 4th quarter valued at about $324,000. Sig Brokerage LP purchased a new stake in Hubbell in the 3rd quarter valued at about $287,000. Arax Advisory Partners lifted its position in Hubbell by 6.2% in the fourth quarter. Arax Advisory Partners now owns 614 shares of the industrial products company’s stock valued at $273,000 after buying an additional 36 shares during the last quarter. Finally, MIdWestOne Financial Group Inc. acquired a new position in Hubbell in the fourth quarter valued at about $265,000. 88.16% of the stock is currently owned by hedge funds and other institutional investors.

Hubbell Company Profile

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.