Universal Beteiligungs und Servicegesellschaft mbH Raises Position in Hubbell Inc $HUBB

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Hubbell by 28.7% in Q4 to 71,768 shares (0.14% of the company), worth about $31.9 million.
• Hubbell reported $4.73 EPS (vs. $4.70 expected) and $1.49B revenue (up 11.9% YoY) and set FY2026 EPS guidance of 19.15–19.85 (analyst consensus ~19.79).
• Insiders sold 34,689 shares worth $17.4 million in the last quarter, leaving insider ownership at 0.63%, and the company pays a quarterly dividend of $1.42 ($5.68 annualized, ~1.0% yield).

Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of Hubbell Inc (NYSE:HUBB - Free Report) by 28.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 71,768 shares of the industrial products company's stock after purchasing an additional 16,002 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.14% of Hubbell worth $31,883,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in shares of Hubbell by 4.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 89,729 shares of the industrial products company's stock worth $38,611,000 after purchasing an additional 3,542 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of Hubbell by 64.0% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 3,879 shares of the industrial products company's stock worth $1,669,000 after purchasing an additional 1,514 shares during the last quarter. Nordea Investment Management AB increased its stake in shares of Hubbell by 15.7% during the 3rd quarter. Nordea Investment Management AB now owns 203,399 shares of the industrial products company's stock worth $87,333,000 after purchasing an additional 27,576 shares during the last quarter. Perigon Wealth Management LLC increased its stake in shares of Hubbell by 32.4% during the 4th quarter. Perigon Wealth Management LLC now owns 16,600 shares of the industrial products company's stock worth $7,372,000 after purchasing an additional 4,060 shares during the last quarter. Finally, Walter Public Investments Inc. increased its stake in shares of Hubbell by 33.3% during the 3rd quarter. Walter Public Investments Inc. now owns 35,086 shares of the industrial products company's stock worth $15,098,000 after purchasing an additional 8,774 shares during the last quarter. Hedge funds and other institutional investors own 88.16% of the company's stock.

Hubbell Stock Up 1.6%

Hubbell stock opened at $558.50 on Friday. Hubbell Inc has a 1-year low of $341.03 and a 1-year high of $565.50. The firm has a market capitalization of $29.69 billion, a price-to-earnings ratio of 33.50, a P/E/G ratio of 2.78 and a beta of 1.00. The company has a current ratio of 1.72, a quick ratio of 1.00 and a debt-to-equity ratio of 0.53. The firm has a 50 day simple moving average of $506.97 and a 200 day simple moving average of $472.50.

Hubbell (NYSE:HUBB - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $4.73 EPS for the quarter, beating the consensus estimate of $4.70 by $0.03. Hubbell had a net margin of 15.29% and a return on equity of 27.45%. The firm had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same period last year, the firm earned $4.10 EPS. The business's quarterly revenue was up 11.9% compared to the same quarter last year. Hubbell has set its FY 2026 guidance at 19.150-19.850 EPS. On average, analysts predict that Hubbell Inc will post 19.79 earnings per share for the current year.

Hubbell Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were issued a $1.42 dividend. This represents a $5.68 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, February 27th. Hubbell's dividend payout ratio (DPR) is presently 34.07%.

Insider Activity

In other Hubbell news, VP Katherine Anne Lane sold 4,610 shares of the firm's stock in a transaction on Monday, February 9th. The shares were sold at an average price of $505.60, for a total value of $2,330,816.00. Following the completion of the transaction, the vice president directly owned 14,913 shares of the company's stock, valued at $7,540,012.80. This trade represents a 23.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Mark Eugene Mikes sold 2,601 shares of the firm's stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $523.73, for a total transaction of $1,362,221.73. Following the completion of the transaction, the insider directly owned 2,592 shares of the company's stock, valued at approximately $1,357,508.16. The trade was a 50.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 34,689 shares of company stock valued at $17,407,395 in the last quarter. 0.63% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

HUBB has been the subject of a number of recent research reports. Weiss Ratings reiterated a "buy (b-)" rating on shares of Hubbell in a research note on Thursday, January 22nd. Mizuho set a $575.00 price objective on shares of Hubbell in a research note on Wednesday, February 4th. Morgan Stanley lifted their price objective on shares of Hubbell from $515.00 to $565.00 and gave the company an "equal weight" rating in a research note on Wednesday, March 11th. Stephens reiterated an "overweight" rating and issued a $550.00 price objective on shares of Hubbell in a research note on Thursday, February 5th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Hubbell from $478.00 to $532.00 and gave the company a "neutral" rating in a research note on Wednesday, February 4th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $533.50.

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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