Hubbell (NYSE:HUBB) Reaches New 1-Year High - Should You Buy?

Key Points

• Hubbell reached a new 52-week high, trading as high as $548.97 and last at $545.63, with a market capitalization of $29.01 billion and a PE ratio of 32.73.
• Analysts give the stock a consensus Moderate Buy (five Buy, four Hold) with an average price target of $533.50—below the current price—though some firms raised targets (Evercore $585, Mizuho $575).
• Recent results show a slight beat on EPS ($4.73 vs. $4.70) and revenue up 11.9% YoY, management set FY2026 guidance at $19.15–$19.85 EPS, the company pays a $1.42 quarterly dividend (1.0% yield), and insiders have sold material stakes recently.

Hubbell Inc (NYSE:HUBB - Get Free Report)'s share price reached a new 52-week high on Wednesday . The stock traded as high as $548.97 and last traded at $545.63, with a volume of 462292 shares traded. The stock had previously closed at $539.79.

Analyst Ratings Changes

Several brokerages recently issued reports on HUBB. Wells Fargo & Company cut their target price on shares of Hubbell from $550.00 to $530.00 and set an "overweight" rating for the company in a research report on Wednesday, April 1st. Barclays upped their target price on shares of Hubbell from $465.00 to $481.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 4th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Hubbell in a research report on Thursday, January 22nd. Mizuho set a $575.00 target price on shares of Hubbell in a research report on Wednesday, February 4th. Finally, Evercore upped their target price on shares of Hubbell from $575.00 to $585.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 4th. Five equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Hubbell presently has an average rating of "Moderate Buy" and an average price target of $533.50.

Hubbell Trading Up 1.1%

The firm's 50-day simple moving average is $501.55 and its 200-day simple moving average is $467.44. The company has a quick ratio of 1.00, a current ratio of 1.72 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $29.01 billion, a PE ratio of 32.73, a price-to-earnings-growth ratio of 2.73 and a beta of 1.00.

Hubbell (NYSE:HUBB - Get Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $4.73 earnings per share (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 business had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same period in the prior year, the business posted $4.10 earnings per share. The company's revenue was up 11.9% on a year-over-year basis. Hubbell has set its FY 2026 guidance at 19.150-19.850 EPS. Equities analysts expect that Hubbell Inc will post 17.63 earnings per share for the current year.

Hubbell Dividend Announcement

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

Insider Buying and Selling at Hubbell

In other Hubbell news, VP Katherine Anne Lane sold 4,610 shares of the company's stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $505.60, for a total transaction of $2,330,816.00. Following the completion of the sale, the vice president directly owned 14,913 shares in the company, valued at $7,540,012.80. This represents a 23.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Nero Jonathan M. Del sold 2,245 shares of the company's stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $500.60, for a total transaction of $1,123,847.00. Following the sale, the vice president owned 2,769 shares of the company's stock, 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. In the last ninety days, insiders have sold 34,689 shares of company stock valued at $17,407,395. Corporate insiders own 0.63% of the company's stock.

Institutional Trading of Hubbell

Institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp raised its stake in shares of Hubbell by 171.9% during the first quarter. Jones Financial Companies Lllp now owns 2,401 shares of the industrial products company's stock valued at $795,000 after acquiring an additional 1,518 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Hubbell by 18.9% during the first quarter. Empowered Funds LLC now owns 1,233 shares of the industrial products company's stock valued at $408,000 after acquiring an additional 196 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Hubbell by 271.9% during the first quarter. Geneos Wealth Management Inc. now owns 212 shares of the industrial products company's stock valued at $70,000 after acquiring an additional 155 shares during the last quarter. Acadian Asset Management LLC bought a new position in shares of Hubbell during the first quarter valued at about $599,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Hubbell by 31.1% during the second quarter. EverSource Wealth Advisors LLC now owns 468 shares of the industrial products company's stock valued at $191,000 after acquiring an additional 111 shares during the last quarter. 88.16% of the stock is currently owned by hedge funds and other 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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