OMERS ADMINISTRATION Corp Raises Holdings in Hubbell Inc $HUBB

OMERS ADMINISTRATION Corp lifted its position in shares of Hubbell Inc (NYSE:HUBB) by 135.7% during the first quarter, Holdings Channel reports. The firm owned 4,666 shares of the industrial products company’s stock after acquiring an additional 2,686 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Hubbell were worth $2,290,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in HUBB. Thurston Springer Miller Herd & Titak Inc. grew its stake in Hubbell by 147.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 57 shares of the industrial products company’s stock worth $25,000 after buying an additional 34 shares during the last quarter. Pinnacle Bancorp Inc. boosted its holdings in shares of Hubbell by 165.0% in the first quarter. Pinnacle Bancorp Inc. now owns 53 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 33 shares during the period. NBT Bank N A NY acquired a new stake in shares of Hubbell in the fourth quarter valued at approximately $27,000. Raiffeisen Bank International AG grew its position in shares of Hubbell by 83.3% during the fourth quarter. Raiffeisen Bank International AG now owns 66 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 30 shares during the last quarter. Finally, Baillie Gifford & Co. increased its holdings in shares of Hubbell by 62.8% in the 4th quarter. Baillie Gifford & Co. now owns 70 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 27 shares during the period. 88.16% of the stock is owned by institutional investors and hedge funds.

Hubbell Trading Down 2.9%

Shares of HUBB opened at $483.50 on Wednesday. Hubbell Inc has a twelve month low of $403.82 and a twelve month high of $565.50. 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 firm has a market capitalization of $25.55 billion, a P/E ratio of 28.56, a PEG ratio of 2.49 and a beta of 0.89. The firm’s 50-day moving average is $489.27 and its two-hundred day moving average is $497.05.

Hubbell (NYSE:HUBB) last issued its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $5.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.39 by $0.13. Hubbell had a return on equity of 27.09% and a net margin of 15.10%.The firm had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same period in the previous year, the firm posted $4.93 earnings per share. Hubbell’s 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 Inc will post 19.98 earnings per share for the current fiscal year.

Hubbell Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a dividend of $1.42 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $5.68 annualized dividend and a yield of 1.2%. Hubbell’s dividend payout ratio (DPR) is presently 33.55%.

Key Headlines Impacting Hubbell

Here are the key news stories impacting Hubbell this week:

• Positive Sentiment: Quarterly results exceeded expectations. Hubbell reported adjusted earnings of $5.52 per share, above the $5.39 analyst consensus, while revenue reached $1.71 billion versus estimates of $1.66 billion. Revenue increased 15.3% year over year, and EPS rose from $4.93 in the prior-year quarter. Hubbell second-quarter earnings report
• Positive Sentiment: Hubbell raised its full-year 2026 outlook. Management now expects EPS of $20.25 to $20.55, above the $19.98 consensus, and revenue of $6.8 billion to $6.9 billion, exceeding the roughly $6.6 billion analyst forecast. The improved guidance signals continued demand and operating momentum. Hubbell raises 2026 outlook
• Positive Sentiment: The dividend was maintained at $1.42 per share quarterly. The payment is scheduled for September 15 to shareholders of record on August 31, providing continued income support for investors. Hubbell dividend announcement
• Neutral Sentiment: The stock’s valuation leaves room for profit-taking. With shares trading near $483.50, Hubbell has a market capitalization of approximately $25.6 billion and a price-to-earnings ratio near 28.6. Strong results may have been largely anticipated, limiting the immediate upside reaction.
• Negative Sentiment: Put-option activity surged. Investors purchased 3,505 put options, nearly 10 times the typical daily volume, indicating increased hedging or bearish short-term positioning. This may have contributed to pressure on the shares, although options activity alone does not establish a fundamental deterioration.

Analyst Ratings Changes

Several analysts recently commented on HUBB shares. UBS Group reiterated a “neutral” rating and issued a $515.00 price target on shares of Hubbell in a research report on Tuesday, June 16th. Barclays boosted their price target on Hubbell from $481.00 to $503.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Weiss Ratings downgraded Hubbell from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 14th. Wall Street Zen raised shares of Hubbell from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Finally, Stephens increased their target price on Hubbell from $550.00 to $600.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $554.38.

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.