NEOS Investment Management LLC Increases Holdings in Hubbell Inc $HUBB

Posted by Geri Gentry on Sep 7th, 2026

NEOS Investment Management LLC increased its position in shares of Hubbell Inc (NYSE:HUBB – Free Report) by 16.0% in the second quarter, HoldingsChannel reports. The firm owned 8,326 shares of the industrial products company’s stock after acquiring an additional 1,151 shares during the quarter. NEOS Investment Management LLC’s holdings in Hubbell were worth $4,356,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Hubbell in the second quarter worth $2,455,986,000. Bank of New York Mellon Corp acquired a new position in Hubbell during the second quarter valued at $783,142,000. Wellington Management Group LLP lifted its position 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 valued at $1,116,773,000 after purchasing an additional 1,468,701 shares during the period. Deutsche Bank AG purchased a new stake in Hubbell in the second quarter valued at $610,053,000. Finally, Bank of America Corp DE purchased a new stake in Hubbell in the second quarter valued at $204,918,000. Hedge funds and other institutional investors own 88.16% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. UBS Group reiterated a “neutral” rating and set a $515.00 price objective on shares of Hubbell in a research note on Tuesday, June 16th. Wall Street Zen downgraded Hubbell from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Robert W. Baird initiated coverage on Hubbell in a report on Thursday, August 20th. They set an “outperform” rating and a $550.00 target price on the stock. Morgan Stanley lifted their price target on Hubbell from $565.00 to $575.00 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Hubbell in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $555.00.

Get Our Latest Analysis on HUBB

Hubbell Trading Up 0.0%

Shares of Hubbell stock opened at $460.95 on Monday. The firm has a 50-day simple moving average of $484.58 and a two-hundred day simple moving average of $495.16. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.93 and a current ratio of 1.61. Hubbell Inc has a fifty-two week low of $403.82 and a fifty-two week high of $565.50. The company has a market cap of $24.35 billion, a P/E ratio of 27.29, a price-to-earnings-growth ratio of 2.25 and a beta of 0.89.

Hubbell (NYSE:HUBB – Get Free Report) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $5.52 EPS for the quarter, beating analysts’ consensus estimates of $5.39 by $0.13. Hubbell had a return on equity of 27.11% and a net margin of 14.49%.The firm had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same period last year, the firm earned $4.93 EPS. The company’s quarterly revenue was up 15.3% on a year-over-year basis. Hubbell has set its FY 2026 guidance at 20.250-20.550 EPS. As a group, equities analysts predict that Hubbell Inc will post 20.43 earnings per share for the current fiscal year.

Hubbell Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a $1.42 dividend. This represents a $5.68 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, August 31st. Hubbell’s dividend payout ratio (DPR) is presently 33.63%.

Insider Buying and Selling

In other news, VP Jonathan Del Nero sold 547 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $518.56, for a total transaction of $283,652.32. Following the completion of the transaction, the vice president directly owned 2,933 shares of the company’s stock, valued at $1,520,936.48. This represents a 15.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.63% of the company’s stock.

Hubbell 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.