Hubbell (NYSE:HUBB) Shares Acquired Rep. April McClain Delaney

Representative April McClain Delaney (Democratic-Maryland) recently bought shares of Hubbell Inc NYSE: HUBB. In a filing disclosed on September 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Hubbell stock on August 18th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $100,001 - $250,000 in shares of Wabtec NYSE: WAB on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Viking NYSE: VIK on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Trimble NASDAQ: TRMB on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Transdigm Group NYSE: TDG on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Tractor Supply NASDAQ: TSCO on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Middleby NASDAQ: MIDD on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Teledyne Technologies NYSE: TDY on 8/25/2026.
• Sold $100,001 - $250,000 in shares of STERIS NYSE: STE on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Somnigroup International NYSE: SGI on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Signet Jewelers NYSE: SIG on 8/25/2026.

Hubbell Price Performance

HUBB opened at $452.29 on Friday. The firm has a market capitalization of $23.89 billion, a P/E ratio of 26.78, a PEG ratio of 2.23 and a beta of 0.89. The stock has a fifty day moving average of $480.99 and a 200-day moving average of $493.29. The company has a quick ratio of 0.93, a current ratio of 1.61 and a debt-to-equity ratio of 1.22. Hubbell Inc has a 12-month low of $403.82 and a 12-month high of $565.50.

Hubbell (NYSE:HUBB - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $5.52 earnings per share for the quarter, beating the consensus estimate of $5.39 by $0.13. The firm had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.66 billion. Hubbell had a return on equity of 27.11% and a net margin of 14.49%.Hubbell's quarterly revenue was up 15.3% on a year-over-year basis. During the same period in the previous year, the firm earned $4.93 earnings per share. Hubbell has set its FY 2026 guidance at 20.250-20.550 EPS. Equities analysts forecast that Hubbell Inc will post 20.43 EPS for the current fiscal year.

Hubbell Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a $1.42 dividend. The ex-dividend date is Monday, August 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 1.3%. Hubbell's dividend payout ratio is presently 33.63%.

Institutional Trading of Hubbell

Hedge funds have recently modified their holdings of the company. California State Teachers Retirement System lifted its holdings in shares of Hubbell by 48,520.9% during the 2nd quarter. California State Teachers Retirement System now owns 39,838,018 shares of the industrial products company's stock worth $20,843,251,000 after acquiring an additional 39,756,082 shares during the period. BlackRock Inc. bought a new stake in Hubbell during the 2nd quarter worth approximately $2,455,986,000. Wellington Management Group LLP increased its stake in shares of Hubbell by 140.4% in the fourth quarter. Wellington Management Group LLP now owns 2,514,632 shares of the industrial products company's stock valued at $1,116,773,000 after buying an additional 1,468,701 shares in the last quarter. State Street Corp raised its stake in shares of Hubbell by 1.8% in the fourth quarter. State Street Corp now owns 2,302,567 shares of the industrial products company's stock worth $1,022,593,000 after acquiring an additional 40,623 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Hubbell in the 2nd quarter valued at $783,142,000. Institutional investors own 88.16% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Morgan Stanley upped their target price on Hubbell from $565.00 to $575.00 and gave the company an "equal weight" rating in a report on Wednesday, September 2nd. Wall Street Zen lowered shares of Hubbell from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Weiss Ratings cut Hubbell from a "buy (b)" rating to a "buy (b-)" rating in a research report on Tuesday, July 14th. UBS Group reaffirmed a "neutral" rating and issued a $515.00 target price on shares of Hubbell in a report on Tuesday, June 16th. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of Hubbell in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Hubbell has a consensus rating of "Moderate Buy" and an average price target of $555.00.

Insider Transactions at Hubbell

In other news, VP Jonathan Del Nero sold 547 shares of the firm's stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $518.56, for a total value of $283,652.32. Following the transaction, the vice president owned 2,933 shares of the company's stock, valued at approximately $1,520,936.48. This trade represents a 15.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.63% of the company's stock.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland's 6th Congressional District. She declared candidacy for the 2026 election. April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor's degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About Hubbell

Hubbell Incorporated NYSE: HUBB is a manufacturer of electrical and utility products used to build, connect, protect and maintain electrical systems. The company serves electric utilities, electrical contractors, distributors, telecommunications providers, industrial businesses and commercial customers.

Hubbell operates through two principal business areas: Utility Solutions and Electrical Solutions. Its product portfolio includes components for electric transmission, distribution and substation applications, as well as connectors, insulators, arresters, grounding and bonding equipment, wiring devices, lighting products, enclosures and other electrical system products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.