Hubbell Inc (NYSE:HUBB) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts give Hubbell a “Moderate Buy” consensus: six analysts rate it a buy, one a strong buy, and four a hold. The average 12-month price target is approximately $553.89.
• Hubbell exceeded quarterly expectations, reporting $5.52 in EPS versus the $5.39 consensus and $1.71 billion in revenue, up 15.3% year over year. The company maintained fiscal 2026 EPS guidance of $20.25–$20.55.
• The company declared a quarterly dividend of $1.42 per share, equivalent to $5.68 annually and a 1.2% yield. An insider also sold 547 shares, while institutional investors own 88.16% of the stock.

Shares of Hubbell Inc (NYSE:HUBB - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the eleven brokerages that are presently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $553.8889.

A number of equities analysts have recently commented on the company. Barclays raised their price target on Hubbell from $481.00 to $503.00 and gave the stock an "equal weight" rating in a report on Monday, May 4th. Weiss Ratings lowered Hubbell from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday, July 14th. Wells Fargo & Company increased their price objective on Hubbell from $530.00 to $560.00 and gave the stock an "overweight" rating in a report on Friday, May 1st. Sanford C. Bernstein restated an "outperform" rating on shares of Hubbell in a research note on Wednesday, July 29th. Finally, Wall Street Zen lowered Hubbell from a "buy" rating to a "hold" rating in a report on Saturday, August 1st.

Insider Buying and Selling

In related news, VP Nero Jonathan M. Del 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 completion of the transaction, the vice president owned 2,933 shares of the company's stock, valued at approximately $1,520,936.48. The trade was a 15.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.63% of the company's stock.

Institutional Trading of Hubbell

Institutional investors and hedge funds have recently bought and sold shares of the company. Pinnacle Bancorp Inc. increased its holdings in shares of Hubbell by 165.0% in the first quarter. Pinnacle Bancorp Inc. now owns 53 shares of the industrial products company's stock worth $26,000 after purchasing an additional 33 shares during the period. Raiffeisen Bank International AG raised its position in shares of Hubbell by 83.3% in the fourth quarter. Raiffeisen Bank International AG now owns 66 shares of the industrial products company's stock worth $29,000 after buying an additional 30 shares in the last quarter. Schuylkill Financial LLC purchased a new stake in shares of Hubbell in the second quarter worth $30,000. Leonteq Securities AG bought a new stake in Hubbell during the first quarter valued at $33,000. Finally, DV Equities LLC bought a new stake in Hubbell during the fourth quarter valued at $33,000. 88.16% of the stock is currently owned by hedge funds and other institutional investors.

Hubbell Stock Performance

NYSE HUBB opened at $470.69 on Friday. The firm has a market cap of $24.87 billion, a P/E ratio of 27.87, a price-to-earnings-growth ratio of 2.30 and a beta of 0.90. The company has a quick ratio of 0.93, a current ratio of 1.61 and a debt-to-equity ratio of 1.22. The company's 50 day moving average is $495.92 and its 200-day moving average is $498.43. Hubbell has a 12-month low of $403.82 and a 12-month high of $565.50.

Hubbell (NYSE:HUBB - Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $1.66 billion. During the same period last year, the firm earned $4.93 EPS. Hubbell's revenue for the quarter was up 15.3% on a year-over-year basis. Hubbell has set its FY 2026 guidance at 20.250-20.550 EPS. Sell-side analysts predict that Hubbell will post 20.41 earnings per share for the current year.

Hubbell Dividend Announcement

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source