Hubbell (NYSE:HUBB) Upgraded to Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Hubbell (NYSE:HUBB) from "hold" to buy; the stock has a consensus rating of Moderate Buy with an average analyst target of $537.25 and individual targets as high as $585.
• Hubbell beat Q1 expectations with $3.93 EPS vs. $3.87 and $1.52B revenue (+11.1% YoY), and management set FY2026 adjusted EPS guidance of $19.30–$19.85 while raising sales growth outlook to 8%–11%.
• Insiders sold roughly $17.4M of stock over the last 90 days (including CEO and VP sales), even as institutional ownership remains high at 88.16% and major funds like Wellington materially increased their positions.

Hubbell (NYSE:HUBB - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Monday.

Other research analysts have also issued research reports about the stock. Mizuho set a $575.00 price objective on shares of Hubbell in a research report on Wednesday, February 4th. Stephens reaffirmed an "overweight" rating and set a $550.00 price objective on shares of Hubbell in a research report on Thursday, February 5th. Evercore upped their price objective on shares of Hubbell from $575.00 to $585.00 and gave the company an "outperform" rating in a research report on Wednesday, February 4th. Morgan Stanley upped their price objective on shares of Hubbell from $515.00 to $565.00 and gave the company an "equal weight" rating in a research report on Wednesday, March 11th. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Hubbell in a research report on Thursday, January 22nd. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $537.25.

Hubbell Stock Down 0.0%

Shares of HUBB opened at $508.30 on Monday. The company has a 50-day simple moving average of $508.77 and a 200-day simple moving average of $477.68. The firm has a market capitalization of $27.02 billion, a P/E ratio of 30.02, a P/E/G ratio of 2.57 and a beta of 0.95. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.94 and a current ratio of 1.58. Hubbell has a 52 week low of $346.07 and a 52 week high of $565.50.

Hubbell (NYSE:HUBB - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $3.93 EPS for the quarter, beating analysts' consensus estimates of $3.87 by $0.06. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. Hubbell had a net margin of 15.10% and a return on equity of 27.09%. The firm's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.50 earnings per share. Hubbell has set its FY 2026 guidance at 19.300-19.850 EPS. On average, equities research analysts expect that Hubbell will post 19.82 earnings per share for the current year.

Insider Buying and Selling at Hubbell

In related news, VP Katherine Anne Lane sold 4,610 shares of the stock in a transaction dated 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 owned 14,913 shares of the company's stock, valued at $7,540,012.80. This represents a 23.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Gerben Bakker sold 25,233 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $498.97, for a total transaction of $12,590,510.01. Following the completion of the transaction, the chief executive officer directly owned 64,420 shares of the company's stock, valued at $32,143,647.40. This trade represents a 28.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 34,689 shares of company stock worth $17,407,395. 0.63% of the stock is currently owned by company insiders.

Institutional Trading of Hubbell

Several large investors have recently added to or reduced their stakes in HUBB. Wellington Management Group LLP grew its stake in Hubbell by 140.4% during the fourth quarter. Wellington Management Group LLP now owns 2,514,632 shares of the industrial products company's stock worth $1,116,773,000 after buying an additional 1,468,701 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Hubbell during the third quarter worth about $162,309,000. Boston Partners grew its stake in Hubbell by 37.8% during the fourth quarter. Boston Partners now owns 1,015,118 shares of the industrial products company's stock worth $452,675,000 after buying an additional 278,649 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in Hubbell by 15.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,655,746 shares of the industrial products company's stock worth $712,484,000 after buying an additional 226,856 shares during the last quarter. Finally, Troy Asset Management Ltd grew its stake in Hubbell by 60.7% during the fourth quarter. Troy Asset Management Ltd now owns 551,620 shares of the industrial products company's stock worth $244,980,000 after buying an additional 208,327 shares during the last quarter. 88.16% of the stock is owned by institutional investors.

Key Headlines Impacting Hubbell

Here are the key news stories impacting Hubbell this week:

• Positive Sentiment: Wells Fargo raised its price target on HUBB to $560 (from $530) and assigned an "overweight" rating, implying roughly a double-digit upside from current levels — a notable analyst endorsement that can attract momentum buyers. Read More.
• Positive Sentiment: Management set FY2026 adjusted EPS guidance of $19.30–$19.85 and raised its sales growth outlook to 8%–11%, signaling confidence in revenue expansion and margin sustainability for the year. That guidance aligns with street expectations and reduces forecast uncertainty. Read More.
• Positive Sentiment: Q1 results beat: EPS of $3.93 vs. $3.87 expected and revenue of $1.52B vs. $1.50B expected; revenue was +11.1% YoY and margins/ROE remain strong — concrete evidence the business is executing. Read More.
• Positive Sentiment: Management’s earnings call emphasized a “confident growth path,” reinforcing the upbeat guidance and giving investors more color on end-market demand and product momentum. Read More.
• Neutral Sentiment: Wider coverage and analysis (earnings transcripts and analyst write-ups) are being published today, providing detail for investors but no new material surprises beyond the beat and guidance. Read More.
• Neutral Sentiment: Multiple outlets (Zacks, Kalkine, MarketBeat) note the quarter’s metrics and guidance; these pieces may help reaffirm the view but are largely confirmatory. Read More.

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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