Northwestern Mutual Wealth Management Co. Boosts Stake in Hubbell Inc $HUBB

Posted by Brenda Bartman on May 31st, 2026

Northwestern Mutual Wealth Management Co. raised its holdings in Hubbell Inc (NYSE:HUBB – Free Report) by 5.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 126,599 shares of the industrial products company’s stock after purchasing an additional 6,332 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.24% of Hubbell worth $56,224,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. raised its position in Hubbell by 147.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 57 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 34 shares during the period. NBT Bank N A NY purchased a new stake in Hubbell in the fourth quarter valued at $27,000. Hantz Financial Services Inc. raised its position in Hubbell by 141.4% in the third quarter. Hantz Financial Services Inc. now owns 70 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 41 shares during the period. Baillie Gifford & Co. raised its position in Hubbell by 62.8% in the fourth quarter. Baillie Gifford & Co. now owns 70 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 27 shares during the period. Finally, Harbor Investment Advisory LLC raised its position in Hubbell by 630.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 73 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 63 shares during the period. Hedge funds and other institutional investors own 88.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Barclays lifted their target price on Hubbell from $481.00 to $503.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Evercore boosted their price objective on Hubbell from $575.00 to $585.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Morgan Stanley boosted their price objective on Hubbell from $515.00 to $565.00 and gave the company an “equal weight” rating in a report on Wednesday, March 11th. Wall Street Zen upgraded Hubbell from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Mizuho set a $575.00 price objective on Hubbell in a report on Wednesday, February 4th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $546.25.

View Our Latest Report on HUBB

Hubbell Price Performance

HUBB stock opened at $473.33 on Friday. The company has a current ratio of 1.58, a quick ratio of 0.94 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $25.01 billion, a PE ratio of 27.96, a P/E/G ratio of 2.39 and a beta of 0.95. Hubbell Inc has a 12-month low of $374.68 and a 12-month high of $565.50. The business’s fifty day moving average price is $503.78 and its 200 day moving average price is $481.77.

Hubbell (NYSE:HUBB – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The industrial products company reported $3.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.87 by $0.06. The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. Hubbell had a return on equity of 27.09% and a net margin of 15.10%.The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.50 EPS. Hubbell has set its FY 2026 guidance at 19.300-19.850 EPS. On average, sell-side analysts anticipate that Hubbell Inc will post 19.84 EPS for the current year.

Hubbell Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, May 29th. Hubbell’s payout ratio is presently 33.55%.

Hubbell Company Profile

(Free Report)

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.