Mitsubishi UFJ Trust & Banking Corp Sells 3,078 Shares of Hubbell Inc $HUBB

Key Points

• Mitsubishi UFJ Trust & Banking trimmed its stake in Hubbell by 10.5%, selling 3,078 shares and leaving it with 26,362 shares valued at about $11,708,000 at quarter-end.
• Hubbell beat Q1 expectations (EPS $3.93 vs. $3.87; revenue $1.52B vs. $1.50B) and set FY2026 adjusted EPS guidance of $19.30–$19.85 with sales growth of 8%–11%, supporting a consensus outlook near $19.79.
• Insider selling has been notable: the CEO sold 25,233 shares (≈$12.6M) and insiders have sold 34,689 shares (~$17.4M) in the last 90 days, while insiders collectively own about 0.63% of the company.

Mitsubishi UFJ Trust & Banking Corp cut its holdings in Hubbell Inc (NYSE:HUBB - Free Report) by 10.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,362 shares of the industrial products company's stock after selling 3,078 shares during the period. Mitsubishi UFJ Trust & Banking Corp's holdings in Hubbell were worth $11,708,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. State Street Corp boosted its holdings in Hubbell by 3.6% in the third quarter. State Street Corp now owns 2,261,944 shares of the industrial products company's stock worth $973,337,000 after purchasing an additional 78,539 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Hubbell by 15.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,655,746 shares of the industrial products company's stock worth $712,484,000 after purchasing an additional 226,856 shares in the last quarter. Wellington Management Group LLP boosted its holdings in Hubbell by 18.5% in the third quarter. Wellington Management Group LLP now owns 1,045,931 shares of the industrial products company's stock worth $450,075,000 after purchasing an additional 163,626 shares in the last quarter. Boston Partners boosted its holdings in Hubbell by 30.7% in the third quarter. Boston Partners now owns 736,469 shares of the industrial products company's stock worth $316,521,000 after purchasing an additional 172,990 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in Hubbell by 1.1% in the third quarter. Northern Trust Corp now owns 530,272 shares of the industrial products company's stock worth $228,181,000 after purchasing an additional 5,806 shares in the last quarter. 88.16% of the stock is currently owned by institutional investors.

Hubbell Stock Performance

Shares of HUBB opened at $508.30 on Friday. The company has a market capitalization of $27.02 billion, a PE ratio of 30.49, a price-to-earnings-growth ratio of 2.57 and a beta of 1.00. Hubbell Inc has a one year low of $346.07 and a one year high of $565.50. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.58 and a quick ratio of 1.00. The company's fifty day moving average price is $508.77 and its 200 day moving average price is $476.92.

Hubbell (NYSE:HUBB - Get Free Report) last announced its earnings results on Thursday, April 30th. The industrial products company reported $3.93 EPS for the quarter, topping the consensus estimate of $3.87 by $0.06. The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. Hubbell had a net margin of 15.10% and a return on equity of 27.09%. The business's quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the firm posted $3.50 EPS. Hubbell has set its FY 2026 guidance at 19.300-19.850 EPS. As a group, analysts expect that Hubbell Inc will post 19.79 earnings per share for the current year.

Hubbell Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a $1.42 dividend. This represents a $5.68 annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, May 29th. Hubbell's dividend payout ratio (DPR) is currently 34.07%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on HUBB shares. Wall Street Zen cut shares of Hubbell from a "buy" rating to a "hold" rating in a report on Sunday, April 26th. JPMorgan Chase & Co. lifted their target price on shares of Hubbell from $478.00 to $532.00 and gave the stock a "neutral" rating in a report on Wednesday, February 4th. Mizuho set a $575.00 target price on shares of Hubbell in a report on Wednesday, February 4th. Morgan Stanley lifted their target price on shares of Hubbell from $515.00 to $565.00 and gave the stock an "equal weight" rating in a report on Wednesday, March 11th. Finally, Barclays lifted their target price on shares of Hubbell from $465.00 to $481.00 and gave the stock an "equal weight" rating in a report on Wednesday, February 4th. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, Hubbell presently has a consensus rating of "Moderate Buy" and a consensus target price of $537.25.

Key Stories Impacting Hubbell

Here are the key news stories impacting Hubbell this week:

• Positive Sentiment: Wells Fargo raised its price target on HUBB to $560 (from $530) and assigned an "overweight" rating, implying roughly a double-digit upside from current levels — a notable analyst endorsement that can attract momentum buyers. Read More.
• Positive Sentiment: Management set FY2026 adjusted EPS guidance of $19.30–$19.85 and raised its sales growth outlook to 8%–11%, signaling confidence in revenue expansion and margin sustainability for the year. That guidance aligns with street expectations and reduces forecast uncertainty. Read More.
• Positive Sentiment: Q1 results beat: EPS of $3.93 vs. $3.87 expected and revenue of $1.52B vs. $1.50B expected; revenue was +11.1% YoY and margins/ROE remain strong — concrete evidence the business is executing. Read More.
• Positive Sentiment: Management’s earnings call emphasized a “confident growth path,” reinforcing the upbeat guidance and giving investors more color on end-market demand and product momentum. Read More.
• Neutral Sentiment: Wider coverage and analysis (earnings transcripts and analyst write-ups) are being published today, providing detail for investors but no new material surprises beyond the beat and guidance. Read More.
• Neutral Sentiment: Multiple outlets (Zacks, Kalkine, MarketBeat) note the quarter’s metrics and guidance; these pieces may help reaffirm the view but are largely confirmatory. Read More.

Insider Activity at Hubbell

In other Hubbell news, VP Nero Jonathan M. Del sold 2,245 shares of the firm's stock in a transaction on Monday, February 9th. The shares were sold at an average price of $500.60, for a total value of $1,123,847.00. Following the sale, the vice president directly owned 2,769 shares in the company, valued at $1,386,161.40. This trade represents a 44.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Gerben Bakker sold 25,233 shares of the firm's stock in a transaction on Friday, February 6th. The stock was sold at an average price of $498.97, for a total transaction of $12,590,510.01. Following the completion of the sale, the chief executive officer owned 64,420 shares in the company, valued at $32,143,647.40. This represents a 28.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 34,689 shares of company stock valued at $17,407,395. Company insiders own 0.63% of the company's stock.

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.

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