OneDigital Investment Advisors LLC Takes Position in Hubbell Inc $HUBB

Key Points

• OneDigital Investment Advisors acquired 3,625 Hubbell shares valued at approximately $1.9 million during the second quarter. Institutional investors collectively own 88.16% of the company.
• Hubbell reported quarterly earnings of $5.52 per share, exceeding estimates of $5.39, while revenue rose 15.3% year over year to $1.71 billion. The company reaffirmed fiscal 2026 EPS guidance of $20.25–$20.55.
• Hubbell declared a quarterly dividend of $1.42 per share, equivalent to an annualized $5.68 dividend and a 1.1% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $554.38.

OneDigital Investment Advisors LLC acquired a new stake in shares of Hubbell Inc (NYSE:HUBB - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 3,625 shares of the industrial products company's stock, valued at approximately $1,897,000.

Other institutional investors have also recently made changes to their positions in the company. Pinnacle Bancorp Inc. increased its holdings in shares of Hubbell by 165.0% in the 1st quarter. Pinnacle Bancorp Inc. now owns 53 shares of the industrial products company's stock worth $26,000 after purchasing an additional 33 shares in the last quarter. Raiffeisen Bank International AG lifted its position in Hubbell by 83.3% during the fourth quarter. Raiffeisen Bank International AG now owns 66 shares of the industrial products company's stock valued at $29,000 after purchasing an additional 30 shares during the period. Leonteq Securities AG purchased a new stake in Hubbell during the 1st quarter valued at $33,000. DV Equities LLC bought a new stake in shares of Hubbell in the fourth quarter worth $33,000. Finally, Measured Wealth Private Client Group LLC bought a new position in Hubbell in the third quarter valued at about $33,000. Hedge funds and other institutional investors own 88.16% of the company's stock.

Insider Activity at Hubbell

In other Hubbell news, VP Nero Jonathan M. Del sold 547 shares of Hubbell stock in a transaction dated Tuesday, August 11th. The stock was 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 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.63% of the company's stock.

Hubbell Stock Up 0.2%

Shares of NYSE:HUBB opened at $512.48 on Monday. Hubbell Inc has a 1 year low of $403.82 and a 1 year high of $565.50. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.61 and a quick ratio of 0.93. The firm has a market capitalization of $27.07 billion, a PE ratio of 30.34, a price-to-earnings-growth ratio of 2.51 and a beta of 0.90. The business has a 50 day simple moving average of $495.46 and a two-hundred day simple moving average of $498.77.

Hubbell (NYSE:HUBB - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $5.52 EPS for the quarter, topping the consensus estimate of $5.39 by $0.13. Hubbell had a net margin of 14.49% and a return on equity of 27.11%. The company had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter last year, the firm posted $4.93 EPS. The firm's revenue was up 15.3% compared to the same quarter last year. Hubbell has set its FY 2026 guidance at 20.250-20.550 EPS. On average, equities analysts predict that Hubbell Inc will post 20.41 EPS for the current year.

Hubbell Announces Dividend

The business also recently announced 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. This represents a $5.68 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, August 31st. Hubbell's dividend payout ratio (DPR) is 33.63%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Hubbell from $530.00 to $560.00 and gave the company an "overweight" rating in a research report on Friday, May 1st. Barclays upped their target price on shares of Hubbell from $481.00 to $503.00 and gave the stock an "equal weight" rating in a report on Monday, May 4th. Wall Street Zen downgraded Hubbell from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Weiss Ratings downgraded shares of Hubbell from a "buy (b)" rating to a "buy (b-)" rating in a report on Tuesday, July 14th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of Hubbell in a report on Wednesday, July 29th. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average 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.

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