Hubbell (NYSE:HUBB) Rating Lowered to "Hold" at Wall Street Zen

Key Points

• Wall Street Zen downgraded Hubbell (NYSE:HUBB) from a Buy to a Hold rating in a research report issued Sunday.
• Despite the downgrade, analyst coverage remains favorable with a consensus of a Moderate Buy (five Buy, four Hold) and an average target of $533.50, while Hubbell set FY2026 guidance of $19.150–$19.850 EPS (analysts project $19.79).
• Significant insider selling occurred recently: CEO Gerben Bakker sold 25,233 shares for about $12.6M (cutting his stake ~28.15%), and insiders disposed of 34,689 shares worth roughly $17.4M over the past 90 days.

Hubbell (NYSE:HUBB - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Sunday.

HUBB has been the topic of a number of other research reports. Stephens reaffirmed an "overweight" rating and set a $550.00 price target on shares of Hubbell in a research note on Thursday, February 5th. Morgan Stanley upped their price target 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. Evercore increased their target price on shares of Hubbell from $575.00 to $585.00 and gave the company an "outperform" rating in a research note on Wednesday, February 4th. Weiss Ratings reissued a "buy (b-)" rating on shares of Hubbell in a research note on Thursday, January 22nd. Finally, Barclays increased their target price on shares of Hubbell from $465.00 to $481.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 4th. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $533.50.

Hubbell Stock Performance

Shares of NYSE HUBB opened at $554.16 on Friday. The firm has a fifty day moving average price of $507.58 and a 200-day moving average price of $473.90. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.72 and a quick ratio of 1.00. The stock has a market cap of $29.46 billion, a PE ratio of 33.24, a price-to-earnings-growth ratio of 2.82 and a beta of 1.00. Hubbell has a 1 year low of $341.03 and a 1 year high of $565.50.

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

Insider Transactions at Hubbell

In related news, CEO Gerben Bakker sold 25,233 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $498.97, for a total value of $12,590,510.01. Following the transaction, the chief executive officer owned 64,420 shares of the company's stock, valued at $32,143,647.40. This represents a 28.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Nero Jonathan M. Del sold 2,245 shares of the stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $500.60, for a total transaction of $1,123,847.00. Following the transaction, the vice president owned 2,769 shares in the company, valued at approximately $1,386,161.40. The trade was a 44.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 34,689 shares of company stock worth $17,407,395 in the last ninety days. 0.63% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Pinnacle Bancorp Inc. grew its holdings in Hubbell by 165.0% during the 1st quarter. Pinnacle Bancorp Inc. now owns 53 shares of the industrial products company's stock worth $26,000 after acquiring an additional 33 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Hubbell by 147.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 57 shares of the industrial products company's stock worth $25,000 after acquiring an additional 34 shares in the last quarter. NBT Bank N A NY bought a new stake in shares of Hubbell in the 4th quarter valued at about $27,000. Raiffeisen Bank International AG boosted its holdings in shares of Hubbell by 83.3% in the 4th quarter. Raiffeisen Bank International AG now owns 66 shares of the industrial products company's stock valued at $29,000 after buying an additional 30 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its holdings in shares of Hubbell by 141.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 70 shares of the industrial products company's stock valued at $30,000 after buying an additional 41 shares in the last quarter. 88.16% of the stock is currently owned by institutional investors.

Hubbell Company Profile

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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