Hubbell (NYSE:HUBB) Releases FY 2026 Earnings Guidance

Hubbell (NYSE:HUBB) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 19.150-19.850 for the period, compared to the consensus 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 Trading Up 1.7%

NYSE:HUBB opened at $496.25 on Tuesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.36 and a quick ratio of 0.85. Hubbell has a one year low of $299.42 and a one year high of $501.32. The company has a market cap of $26.38 billion, a PE ratio of 30.78, a PEG ratio of 2.47 and a beta of 1.02. The firm has a 50-day moving average of $458.74 and a 200-day moving average of $443.03.

Hubbell (NYSE:HUBB) last issued its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $4.73 earnings per share for the quarter, beating the consensus estimate of $4.69 by $0.04. The business had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.49 billion. Hubbell had a return on equity of 27.68% and a net margin of 15.24%.Hubbell has set its FY 2026 guidance at 19.150-19.850 EPS. As a group, equities research analysts expect that Hubbell will post 17.63 EPS for the current fiscal year.

Hubbell Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be issued 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 is Friday, February 27th. Hubbell’s dividend payout ratio (DPR) is 35.24%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on HUBB shares. UBS Group reiterated a “neutral” rating and set a $450.00 target price on shares of Hubbell in a research note on Friday, December 12th. Mizuho lifted their price objective on shares of Hubbell from $480.00 to $500.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. JPMorgan Chase & Co. boosted their target price on shares of Hubbell from $417.00 to $458.00 and gave the company a “neutral” rating in a research note on Wednesday, October 15th. Wall Street Zen upgraded shares of Hubbell from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Wells Fargo & Company lifted their price target on shares of Hubbell from $500.00 to $515.00 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $497.25.

Insider Activity at Hubbell

In related news, insider Mark Eugene Mikes sold 2,470 shares of Hubbell stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $466.50, for a total value of $1,152,255.00. Following the completion of the transaction, the insider directly owned 4,785 shares in the company, valued at approximately $2,232,202.50. The trade was a 34.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John F. Malloy bought 435 shares of the stock in a transaction on Monday, November 17th. The shares were acquired at an average cost of $429.24 per share, for a total transaction of $186,719.40. Following the acquisition, the director directly owned 19,085 shares in the company, valued at approximately $8,192,045.40. This trade represents a 2.33% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.76% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HUBB. State Street Corp lifted its position in Hubbell by 3.6% in the 3rd quarter. State Street Corp now owns 2,261,944 shares of the industrial products company’s stock worth $973,337,000 after buying an additional 78,539 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of Hubbell by 18.5% in the 3rd quarter. Wellington Management Group LLP now owns 1,045,931 shares of the industrial products company’s stock worth $450,075,000 after acquiring an additional 163,626 shares during the last quarter. Boston Partners boosted its stake in shares of Hubbell by 30.7% in the 3rd quarter. Boston Partners now owns 736,469 shares of the industrial products company’s stock valued at $316,521,000 after purchasing an additional 172,990 shares in the last quarter. Northern Trust Corp boosted its stake in shares of Hubbell by 1.1% in the 3rd quarter. Northern Trust Corp now owns 530,272 shares of the industrial products company’s stock valued at $228,181,000 after purchasing an additional 5,806 shares in the last quarter. Finally, Amundi grew its holdings in shares of Hubbell by 17.2% during the 3rd quarter. Amundi now owns 419,042 shares of the industrial products company’s stock valued at $175,718,000 after purchasing an additional 61,640 shares during the last quarter. 88.16% of the stock is owned by institutional investors.

About Hubbell

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.