Key Points
- Hubbell CEO Gerben Bakker sold 25,233 shares on Feb. 6 at an average price of $498.97 for about $12.59M, cutting his holding roughly 28% to 64,420 shares (SEC filing).
- Hubbell reported $4.73 EPS for the quarter, narrowly beating estimates of $4.70 with revenue of $1.49B (up 11.9% YoY), and set FY2026 EPS guidance of $19.15–$19.85.
- The company declared a quarterly dividend of $1.42 per share, with an ex-dividend (and record) date of Feb. 27 and payment on Mar. 16, equal to an annualized $5.68 and a ~1.1% yield.
Hubbell Inc (NYSE:HUBB - Get Free Report) CEO Gerben Bakker sold 25,233 shares of the business's stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $498.97, for a total value of $12,590,510.01. Following the completion of the transaction, the chief executive officer owned 64,420 shares in the company, valued at $32,143,647.40. This trade represents a 28.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Hubbell Stock Down 0.8%
HUBB opened at $502.26 on Wednesday. Hubbell Inc has a fifty-two week low of $299.42 and a fifty-two week high of $513.59. The business has a 50-day moving average of $467.04 and a 200-day moving average of $445.79. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.72 and a quick ratio of 1.00. The company has a market capitalization of $26.69 billion, a PE ratio of 30.13, a price-to-earnings-growth ratio of 2.56 and a beta of 1.02.
Hubbell (NYSE:HUBB - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $4.73 EPS for the quarter, beating the consensus estimate of $4.70 by $0.03. Hubbell had a return on equity of 27.45% and a net margin of 15.29%.The business had revenue of $1.49 billion during the quarter, compared to analysts' expectations of $1.49 billion. During the same quarter in the previous year, the business posted $4.10 EPS. The firm's quarterly revenue was up 11.9% compared to the same quarter last year. Hubbell has set its FY 2026 guidance at 19.150-19.850 EPS. Equities research analysts forecast that Hubbell Inc will post 17.63 EPS for the current fiscal year.
Hubbell Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be paid a dividend of $1.42 per share. The ex-dividend date is Friday, February 27th. This represents a $5.68 annualized dividend and a dividend yield of 1.1%. Hubbell's dividend payout ratio is 34.07%.
Institutional Trading of Hubbell
Hedge funds have recently added to or reduced their stakes in the business. Townsquare Capital LLC lifted its position in Hubbell by 0.8% in the third quarter. Townsquare Capital LLC now owns 2,817 shares of the industrial products company's stock worth $1,212,000 after purchasing an additional 22 shares during the period. BSW Wealth Partners raised its stake in shares of Hubbell by 2.9% in the 4th quarter. BSW Wealth Partners now owns 769 shares of the industrial products company's stock valued at $341,000 after buying an additional 22 shares in the last quarter. Unique Wealth LLC raised its stake in shares of Hubbell by 2.6% in the 3rd quarter. Unique Wealth LLC now owns 897 shares of the industrial products company's stock valued at $386,000 after buying an additional 23 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Hubbell by 2.2% during the 4th quarter. GAMMA Investing LLC now owns 1,065 shares of the industrial products company's stock worth $473,000 after acquiring an additional 23 shares during the period. Finally, Ballentine Partners LLC boosted its position in shares of Hubbell by 1.9% during the 4th quarter. Ballentine Partners LLC now owns 1,288 shares of the industrial products company's stock valued at $572,000 after acquiring an additional 24 shares in the last quarter. Institutional investors own 88.16% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on HUBB shares. Mizuho set a $575.00 price objective on shares of Hubbell in a report on Wednesday, February 4th. Barclays upped their price target on Hubbell from $465.00 to $481.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 4th. Wells Fargo & Company increased their price objective on Hubbell from $515.00 to $550.00 and gave the company an "overweight" rating in a report on Wednesday, February 4th. Morgan Stanley set a $515.00 target price on Hubbell in a report on Wednesday, January 7th. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of Hubbell in a report on Thursday, January 22nd. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $529.75.
Check Out Our Latest Analysis on HUBB
About Hubbell
(
Get 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.
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