16,686 Shares in Hubbell Inc $HUBB Purchased by Mirae Asset Global Investments Co. Ltd.

Posted by Brian Himes on Nov 5th, 2026

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Hubbell Inc (NYSE:HUBB – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 16,686 shares of the industrial products company’s stock, valued at approximately $7,569,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Schuylkill Financial LLC purchased a new stake in Hubbell during the 2nd quarter valued at $30,000. Keating Financial Advisory Services Inc. purchased a new position in Hubbell during the second quarter worth $35,000. Leonteq Securities AG purchased a new position in Hubbell during the first quarter worth $33,000. Fiduciary Financial Advisors purchased a new position in Hubbell during the second quarter worth $37,000. Finally, Arlington Trust Co LLC increased its position in Hubbell by 83.7% during the second quarter. Arlington Trust Co LLC now owns 79 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 36 shares during the last quarter. Hedge funds and other institutional investors own 88.16% of the company’s stock.

Hubbell Stock Performance

HUBB stock opened at $437.72 on Thursday. The company has a quick ratio of 0.87, a current ratio of 1.53 and a debt-to-equity ratio of 1.09. The business’s fifty day simple moving average is $457.64 and its two-hundred day simple moving average is $487.21. Hubbell Inc has a twelve month low of $403.82 and a twelve month high of $565.50. The firm has a market cap of $23.13 billion, a price-to-earnings ratio of 25.66, a PEG ratio of 2.14 and a beta of 0.84.

Hubbell (NYSE:HUBB – Get Free Report) last issued its earnings results on Tuesday, October 27th. The industrial products company reported $5.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.75 by $0.16. The firm had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.85 billion. Hubbell had a net margin of 13.78% and a return on equity of 27.33%. The business’s revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the firm earned $5.17 earnings per share. Analysts predict that Hubbell Inc will post 20.54 earnings per share for the current year.

Hubbell Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be given a $1.52 dividend. This is a positive change from Hubbell’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Monday, November 30th. This represents a $6.08 annualized dividend and a yield of 1.4%. Hubbell’s dividend payout ratio is presently 35.64%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on HUBB. Robert W. Baird reduced their target price on shares of Hubbell from $550.00 to $540.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 28th. JPMorgan Chase & Co. lifted their price target on shares of Hubbell from $485.00 to $486.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 28th. Mizuho set a $515.00 price target on shares of Hubbell in a report on Wednesday, October 28th. Seaport Research Partners reissued a “buy” rating and issued a $580.00 price objective on shares of Hubbell in a research report on Wednesday, September 30th. Finally, Wells Fargo & Company decreased their price objective on shares of Hubbell from $531.00 to $525.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 28th. Six equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Hubbell has a consensus rating of “Moderate Buy” and an average target price of $546.00.

Read Our Latest Research Report on Hubbell

Insider Buying and Selling

In other Hubbell news, VP Jonathan Del Nero sold 547 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $518.56, for a total value of $283,652.32. Following the transaction, the vice president directly owned 2,933 shares in the company, valued at $1,520,936.48. This represents a 15.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.63% of the stock is owned by corporate insiders.

Hubbell Profile

(Free Report)

Hubbell Incorporated (NYSE:HUBB) is an electrical products manufacturer that develops and supplies products used in utility, commercial, industrial, and telecommunications applications. Founded in 1888 by Harvey Hubbell, the company has built a portfolio focused on improving the reliability, safety, and efficiency of electrical systems.

Hubbell’s Utility Solutions products support the generation, transmission, distribution, and control of electricity. Its offerings include electrical connectors and fittings, insulators, arresters, transmission and distribution hardware, communications infrastructure products, and equipment used in underground and overhead utility networks.

Its Electrical Solutions business serves commercial and industrial customers with wiring devices, electrical enclosures, grounding and bonding products, cable management systems, lighting-related products, and solutions designed for harsh, hazardous, and demanding operating environments.