Hubbell (NYSE:HUBB) Issues FY 2026 Earnings Guidance

Hubbell (NYSE:HUBB) issued an update on 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 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.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Weiss Ratings downgraded Hubbell from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 14th. UBS Group restated a “neutral” rating and set a $515.00 target price on shares of Hubbell in a research report on Tuesday, June 16th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Hubbell in a research report on Wednesday. Wells Fargo & Company upped their price target on Hubbell from $530.00 to $560.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Finally, Wall Street Zen upgraded Hubbell from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Hubbell has an average rating of “Moderate Buy” and an average price target of $554.38.

Hubbell Trading Up 2.4%

Shares of NYSE:HUBB traded up $11.25 during trading on Thursday, reaching $472.21. The company’s stock had a trading volume of 130,438 shares, compared to its average volume of 600,414. The stock has a market capitalization of $24.95 billion, a PE ratio of 28.01, a price-to-earnings-growth ratio of 2.37 and a beta of 0.89. The company has a current ratio of 1.61, a quick ratio of 0.94 and a debt-to-equity ratio of 1.22. The firm’s 50 day simple moving average is $489.22 and its two-hundred day simple moving average is $497.06. Hubbell has a 12 month low of $403.82 and a 12 month high of $565.50.

Hubbell (NYSE:HUBB) last released its earnings results on Tuesday, July 28th. The industrial products company reported $5.52 EPS for the quarter, beating analysts’ consensus estimates of $5.39 by $0.13. Hubbell had a return on equity of 27.11% and a net margin of 14.49%.The firm had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the prior year, the firm posted $4.93 earnings per share. The company’s quarterly revenue was up 15.3% on a year-over-year basis. Hubbell has set its FY 2026 guidance at 20.250-20.550 EPS. On average, research analysts predict that Hubbell will post 20.4 EPS for the current fiscal 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 paid a dividend of $1.42 per share. The ex-dividend date is Monday, August 31st. This represents a $5.68 annualized dividend and a dividend yield of 1.2%. Hubbell’s dividend payout ratio (DPR) is currently 33.55%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raiffeisen Bank International AG raised its holdings in shares of Hubbell by 83.3% in the 4th quarter. Raiffeisen Bank International AG now owns 66 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 30 shares in the last quarter. DV Equities LLC bought a new position in shares of Hubbell during the fourth quarter valued at approximately $33,000. Measured Wealth Private Client Group LLC bought a new position in Hubbell in the third quarter worth about $33,000. Quarry LP raised its holdings in Hubbell by 23.6% in the third quarter. Quarry LP now owns 152 shares of the industrial products company’s stock worth $65,000 after purchasing an additional 29 shares in the last quarter. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Hubbell during the second quarter valued at about $65,000. 88.16% of the stock is currently owned by 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.