Hubbell (NYSE:HUBB) Releases FY 2026 Earnings Guidance

Hubbell (NYSE:HUBB) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 19.150-19.850 for the period, compared to the consensus estimate of 19.770. The company issued revenue guidance of $6.3 billion-$6.4 billion, compared to the consensus revenue estimate of $6.3 billion.

Hubbell Stock Up 1.7%

HUBB opened at $496.25 on Tuesday. Hubbell has a 1-year low of $299.42 and a 1-year high of $501.32. The stock’s fifty day simple moving average is $458.74 and its 200 day simple moving average is $443.03. The company has a current ratio of 1.36, a quick ratio of 0.85 and a debt-to-equity ratio of 0.28. The stock has a market cap of $26.38 billion, a PE ratio of 30.78, a price-to-earnings-growth ratio of 2.47 and a beta of 1.02.

Hubbell (NYSE:HUBB) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $4.73 EPS for the quarter, beating the consensus estimate of $4.69 by $0.04. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.49 billion. Hubbell had a net margin of 15.24% and a return on equity of 27.68%. Hubbell has set its FY 2026 guidance at 19.150-19.850 EPS. As a group, research analysts expect that Hubbell will post 17.63 earnings per share for the current year.

Hubbell Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be issued a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, February 27th. Hubbell’s dividend payout ratio is currently 35.24%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Barclays boosted their target price on shares of Hubbell from $456.00 to $465.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 7th. Evercore ISI assumed coverage on shares of Hubbell in a report on Monday, December 15th. They issued an “outperform” rating and a $575.00 price objective for the company. Wall Street Zen upgraded shares of Hubbell from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Morgan Stanley set a $515.00 price target on shares of Hubbell in a research report on Wednesday, January 7th. Finally, UBS Group reiterated a “neutral” rating and issued a $450.00 price target on shares of Hubbell in a research note on Friday, December 12th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $497.25.

Insider Activity at Hubbell

In related news, Director John F. Malloy purchased 435 shares of Hubbell stock in a transaction dated Monday, November 17th. The shares were bought at an average cost of $429.24 per share, for a total transaction of $186,719.40. Following the purchase, the director owned 19,085 shares in the company, valued at approximately $8,192,045.40. This trade represents a 2.33% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark Eugene Mikes sold 2,470 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $466.50, for a total transaction of $1,152,255.00. Following the transaction, the insider owned 4,785 shares of the company’s stock, valued at approximately $2,232,202.50. This represents a 34.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.76% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Measured Wealth Private Client Group LLC acquired a new stake in shares of Hubbell during the 3rd quarter worth approximately $33,000. MUFG Securities EMEA plc bought a new stake in Hubbell in the second quarter valued at $65,000. Quarry LP raised its holdings in shares of Hubbell by 23.6% during the third quarter. Quarry LP now owns 152 shares of the industrial products company’s stock valued at $65,000 after purchasing an additional 29 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of Hubbell by 271.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 212 shares of the industrial products company’s stock worth $70,000 after purchasing an additional 155 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of Hubbell during the 3rd quarter worth about $93,000. 88.16% of the stock is owned by institutional investors.

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.