Hubbell (HUBB) to Release Earnings on Tuesday

Hubbell (NYSE:HUBB - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Tuesday, July 29th. Analysts expect the company to announce earnings of $4.40 per share and revenue of $1.51 billion for the quarter. Hubbell has set its FY 2025 guidance at 17.350-17.850 EPS.

Hubbell (NYSE:HUBB - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The industrial products company reported $3.50 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.73 by ($0.23). The business had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.39 billion. Hubbell had a net margin of 14.29% and a return on equity of 27.68%. The business's revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period last year, the company earned $3.60 earnings per share. On average, analysts expect Hubbell to post $18 EPS for the current fiscal year and $19 EPS for the next fiscal year.

Hubbell Stock Up 0.5%

HUBB traded up $2.13 on Friday, reaching $439.63. The company's stock had a trading volume of 215,769 shares, compared to its average volume of 636,128. The stock has a 50 day moving average of $403.49 and a two-hundred day moving average of $383.25. The company has a quick ratio of 0.73, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $23.46 billion, a price-to-earnings ratio of 29.74, a P/E/G ratio of 2.50 and a beta of 0.99. Hubbell has a fifty-two week low of $299.42 and a fifty-two week high of $481.35.

Hubbell Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Friday, May 30th were given a dividend of $1.32 per share. The ex-dividend date was Friday, May 30th. This represents a $5.28 dividend on an annualized basis and a dividend yield of 1.20%. Hubbell's dividend payout ratio (DPR) is presently 35.72%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on HUBB shares. Barclays increased their price target on Hubbell from $414.00 to $420.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 9th. Wall Street Zen downgraded Hubbell from a "buy" rating to a "hold" rating in a report on Friday, April 11th. JPMorgan Chase & Co. increased their price target on Hubbell from $352.00 to $417.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Finally, Wells Fargo & Company set a $420.00 price target on Hubbell and gave the stock an "equal weight" rating in a report on Tuesday, July 1st. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $456.25.

Insiders Place Their Bets

In other news, Director Carlos M. Cardoso sold 400 shares of the firm's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $386.29, for a total value of $154,516.00. Following the completion of the transaction, the director owned 1,727 shares in the company, valued at $667,122.83. This trade represents a 18.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Gerben Bakker sold 7,723 shares of the firm's stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $384.63, for a total value of $2,970,497.49. Following the completion of the transaction, the chief executive officer owned 82,101 shares of the company's stock, valued at approximately $31,578,507.63. This represents a 8.60% decrease in their position. The disclosure for this sale can be found here. 0.66% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Acadian Asset Management LLC purchased a new stake in Hubbell during the 1st quarter worth about $599,000. Geneos Wealth Management Inc. grew its holdings in Hubbell by 271.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 212 shares of the industrial products company's stock valued at $70,000 after buying an additional 155 shares during the period. Empowered Funds LLC grew its holdings in Hubbell by 18.9% in the 1st quarter. Empowered Funds LLC now owns 1,233 shares of the industrial products company's stock valued at $408,000 after buying an additional 196 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in Hubbell by 171.9% in the 1st quarter. Jones Financial Companies Lllp now owns 2,401 shares of the industrial products company's stock valued at $795,000 after buying an additional 1,518 shares during the period. Hedge funds and other institutional investors own 88.16% of the company's stock.

Hubbell Company Profile

Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and utility solutions in the United States and internationally. It operates through two segments, Electrical Solutions and Utility Solutions. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures, and other electrical equipment for use in industrial, commercial, and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies, as well as components and assemblies.