New York State Teachers Retirement System Sells 1,473 Shares of Hubbell Inc $HUBB

New York State Teachers Retirement System lessened its stake in shares of Hubbell Inc (NYSE:HUBB) by 3.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,575 shares of the industrial products company’s stock after selling 1,473 shares during the quarter. New York State Teachers Retirement System owned about 0.08% of Hubbell worth $18,908,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in HUBB. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Hubbell by 147.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 57 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 34 shares in the last quarter. NBT Bank N A NY bought a new position in shares of Hubbell during the 4th quarter worth about $27,000. Hantz Financial Services Inc. boosted its position in shares of Hubbell by 141.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 70 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 41 shares in the last quarter. Baillie Gifford & Co. boosted its position in shares of Hubbell by 62.8% during the 4th quarter. Baillie Gifford & Co. now owns 70 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 27 shares in the last quarter. Finally, Harbor Investment Advisory LLC boosted its position in shares of Hubbell by 630.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 73 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 63 shares in the last quarter. Institutional investors own 88.16% of the company’s stock.

Hubbell Price Performance

Shares of NYSE HUBB opened at $508.30 on Friday. Hubbell Inc has a fifty-two week low of $346.07 and a fifty-two week high of $565.50. The stock has a market cap of $27.02 billion, a price-to-earnings ratio of 30.02, a PEG ratio of 2.57 and a beta of 0.95. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.00 and a current ratio of 1.58. The firm’s 50-day simple moving average is $508.77 and its 200 day simple moving average is $477.33.

Hubbell (NYSE:HUBB) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $3.93 earnings per share for the quarter, beating the consensus estimate of $3.87 by $0.06. Hubbell had a net margin of 15.10% and a return on equity of 27.09%. The business had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter last year, the firm earned $3.50 EPS. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. Hubbell has set its FY 2026 guidance at 19.300-19.850 EPS. As a group, research analysts anticipate that Hubbell Inc will post 19.82 earnings per share for the current fiscal year.

Hubbell Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a $1.42 dividend. The ex-dividend date is Friday, May 29th. This represents a $5.68 annualized dividend and a yield of 1.1%. Hubbell’s dividend payout ratio (DPR) is 34.07%.

Analyst Ratings Changes

HUBB has been the topic of a number of research analyst reports. Stephens reissued an “overweight” rating and set a $550.00 price objective on shares of Hubbell in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Hubbell in a research report on Thursday, January 22nd. Wall Street Zen cut shares of Hubbell from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. JPMorgan Chase & Co. raised their price target on shares of Hubbell from $478.00 to $532.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. Finally, Morgan Stanley raised their price target on shares of Hubbell from $515.00 to $565.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 11th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Hubbell currently has an average rating of “Moderate Buy” and an average price target of $537.25.

Insider Activity

In other Hubbell news, CEO Gerben Bakker sold 25,233 shares of the 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 sale, the chief executive officer owned 64,420 shares in the company, valued at approximately $32,143,647.40. This trade represents a 28.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Nero Jonathan M. Del sold 2,245 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $500.60, for a total transaction of $1,123,847.00. Following the completion of the sale, the vice president owned 2,769 shares of the company’s stock, valued at approximately $1,386,161.40. This trade represents a 44.77% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 34,689 shares of company stock worth $17,407,395. Corporate insiders own 0.63% of the company’s stock.

Key Stories Impacting Hubbell

Here are the key news stories impacting Hubbell this week:

• Positive Sentiment: Wells Fargo raised its price target on HUBB to $560 (from $530) and assigned an “overweight” rating, implying roughly a double-digit upside from current levels — a notable analyst endorsement that can attract momentum buyers. Read More.
• Positive Sentiment: Management set FY2026 adjusted EPS guidance of $19.30–$19.85 and raised its sales growth outlook to 8%–11%, signaling confidence in revenue expansion and margin sustainability for the year. That guidance aligns with street expectations and reduces forecast uncertainty. Read More.
• Positive Sentiment: Q1 results beat: EPS of $3.93 vs. $3.87 expected and revenue of $1.52B vs. $1.50B expected; revenue was +11.1% YoY and margins/ROE remain strong — concrete evidence the business is executing. Read More.
• Positive Sentiment: Management’s earnings call emphasized a “confident growth path,” reinforcing the upbeat guidance and giving investors more color on end-market demand and product momentum. Read More.
• Neutral Sentiment: Wider coverage and analysis (earnings transcripts and analyst write-ups) are being published today, providing detail for investors but no new material surprises beyond the beat and guidance. Read More.
• Neutral Sentiment: Multiple outlets (Zacks, Kalkine, MarketBeat) note the quarter’s metrics and guidance; these pieces may help reaffirm the view but are largely confirmatory. Read More.

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.