Hubbell Inc $HUBB Shares Newly Purchased by Sax Wealth Advisors LLC

Key Points

• Sax Wealth Advisors acquired 8,119 Hubbell shares in the third quarter, valued at approximately $3.68 million. Institutional investors and hedge funds collectively own 88.16% of the company.
• Hubbell reported quarterly revenue of $1.71 billion and EPS of $5.52, exceeding analyst estimates, while revenue increased 15.3% year over year. The company maintained fiscal 2026 EPS guidance of $20.25–$20.55.
• Hubbell pays a quarterly dividend of $1.42, equivalent to a $5.68 annualized payout and a 1.2% yield. Analysts give the stock a consensus “Moderate Buy” rating with an average price target of $556.78.

Sax Wealth Advisors LLC bought a new stake in shares of Hubbell Inc (NYSE:HUBB - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 8,119 shares of the industrial products company's stock, valued at approximately $3,683,000.

Other large investors have also recently bought and sold shares of the company. 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 buying an additional 33 shares in the last quarter. Schuylkill Financial LLC acquired a new stake in shares of Hubbell in the 2nd quarter worth approximately $30,000. Keating Financial Advisory Services Inc. bought a new position in shares of Hubbell in the second quarter valued at approximately $35,000. Leonteq Securities AG bought a new position in shares of Hubbell in the first quarter valued at approximately $33,000. Finally, Fiduciary Financial Advisors bought a new position in shares of Hubbell in the second quarter valued at approximately $37,000. Institutional investors and hedge funds own 88.16% of the company's stock.

Insider Buying and Selling at Hubbell

In other news, VP Jonathan Del Nero sold 547 shares of the business's stock in a transaction that occurred on 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 owned 2,933 shares in the company, valued at $1,520,936.48. The trade was a 15.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.63% of the stock is currently owned by company insiders.

Hubbell Trading Up 0.7%

Shares of HUBB opened at $477.51 on Wednesday. The business's 50-day moving average price is $471.75 and its 200 day moving average price is $488.55. The stock has a market capitalization of $25.23 billion, a P/E ratio of 24.50, a P/E/G ratio of 2.37 and a beta of 0.85. Hubbell Inc has a 1-year low of $403.82 and a 1-year high of $565.50. The company has a current ratio of 1.61, a quick ratio of 0.93 and a debt-to-equity ratio of 1.22.

Hubbell (NYSE:HUBB - Get Free Report) last posted 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 27.11% and a net margin of 14.49%. The firm had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter in the previous year, the company earned $4.93 EPS. The business's revenue for the quarter was up 15.3% compared to the same quarter last year. Hubbell has set its FY 2026 guidance at 20.250-20.550 EPS. Analysts expect that Hubbell Inc will post 20.45 earnings per share for the current year.

Hubbell Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Wells Fargo & Company assumed coverage on shares of Hubbell in a research note on Thursday, September 24th. They set an "equal weight" rating and a $531.00 price objective on the stock. Robert W. Baird started coverage on Hubbell in a report on Thursday, August 20th. They set an "outperform" rating and a $550.00 target price on the stock. Weiss Ratings raised shares of Hubbell from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, October 8th. UBS Group reaffirmed a "neutral" rating and issued a $515.00 price objective on shares of Hubbell in a research note on Tuesday, June 16th. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of Hubbell in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Hubbell currently has an average rating of "Moderate Buy" and a consensus price target of $556.78.

Hubbell Company Profile

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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