Hubbell Inc (HUBB) - What Are Researchers Saying About This Stock?

Key Points

• Analyst sentiment is moderately positive: Eleven analysts give Hubbell an average “Moderate Buy” rating, with a consensus 12-month price target of $556.78 versus the reported share price of $473.74.
• Recent results exceeded expectations: Hubbell reported quarterly EPS of $5.52, beating consensus by $0.13, while revenue reached $1.71 billion and rose 15.3% year over year.
• Shareholder returns remain supported by dividends: The company declared a quarterly dividend of $1.42, equivalent to an annualized $5.68 payout and a 1.2% yield; institutional investors own 88.16% of the stock.

Shares of Hubbell Inc (NYSE:HUBB - Get Free Report) have been given an average rating of "Moderate Buy" by the eleven analysts that are presently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $556.78.

Several research analysts have recently commented on the company. Robert W. Baird initiated coverage on Hubbell in a research report on Thursday, August 20th. They set an "outperform" rating and a $550.00 price target for the company. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Hubbell in a research note on Wednesday, July 29th. Wall Street Zen downgraded Hubbell from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. Morgan Stanley boosted their price objective on Hubbell from $565.00 to $575.00 and gave the company an "equal weight" rating in a report on Wednesday, September 2nd. Finally, Seaport Research Partners reissued a "buy" rating and set a $580.00 target price on shares of Hubbell in a research note on Wednesday, September 30th.

Hubbell Stock Performance

NYSE:HUBB opened at $473.74 on Monday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.93 and a current ratio of 1.61. The stock has a market capitalization of $25.03 billion, a P/E ratio of 28.05, a PEG ratio of 2.37 and a beta of 0.85. The company has a 50 day moving average price of $472.28 and a 200 day moving average price of $488.96. Hubbell has a fifty-two week low of $403.82 and a fifty-two week high of $565.50.

Hubbell (NYSE:HUBB - Get Free Report) last posted its 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 during the quarter, compared to the consensus estimate of $1.66 billion. Hubbell had a net margin of 14.49% and a return on equity of 27.11%. The firm's revenue for the quarter was up 15.3% on a year-over-year basis. During the same quarter last year, the firm earned $4.93 EPS. Hubbell has set its FY 2026 guidance at 20.250-20.550 EPS. Equities research analysts forecast that Hubbell will post 20.45 EPS for the current year.

Hubbell Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were given a $1.42 dividend. This represents a $5.68 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Monday, August 31st. Hubbell's payout ratio is currently 33.63%.

Insider Transactions at Hubbell

In other Hubbell news, VP Jonathan Del Nero sold 547 shares of the business's stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $518.56, for a total transaction of $283,652.32. Following the sale, the vice president directly owned 2,933 shares in the company, valued at $1,520,936.48. This represents a 15.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.63% of the stock is owned by company insiders.

Institutional Trading of Hubbell

Several hedge funds have recently made changes to their positions in HUBB. Pinnacle Bancorp Inc. raised its position in shares of Hubbell by 165.0% during the 1st quarter. Pinnacle Bancorp Inc. now owns 53 shares of the industrial products company's stock worth $26,000 after acquiring an additional 33 shares in the last quarter. Schuylkill Financial LLC purchased a new stake in Hubbell during the second quarter worth approximately $30,000. Leonteq Securities AG acquired a new position in Hubbell in the first quarter valued at approximately $33,000. Keating Financial Advisory Services Inc. acquired a new position in Hubbell in the second quarter valued at approximately $35,000. Finally, Fiduciary Financial Advisors acquired a new position in Hubbell in the second quarter valued at approximately $37,000. Institutional investors and hedge funds own 88.16% of the company's stock.

About Hubbell

Hubbell Incorporated NYSE: HUBB designs and manufactures electrical and utility products used to support the generation, transmission, distribution and control of electricity. The company serves electric utilities, electrical contractors, industrial businesses, commercial facilities and communications infrastructure providers.

Its Utility Solutions products include transmission and distribution equipment, connectors, insulators, arresters, grounding and bonding products, substation equipment, and enclosures for underground electrical systems.

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