Hubbell (NYSE:HUBB) Releases FY 2026 Earnings Guidance

Hubbell (NYSE:HUBB) updated its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 20.250-20.550 for the period, compared to the consensus EPS estimate of 19.980. The company issued revenue guidance of $6.8 billion-$6.9 billion, compared to the consensus revenue estimate of $6.6 billion.

Analysts Set New Price Targets

HUBB has been the subject of several recent research reports. Weiss Ratings cut Hubbell from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 14th. Stephens lifted their price target on Hubbell from $550.00 to $600.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Wells Fargo & Company lifted their price target on shares of Hubbell from $530.00 to $560.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. UBS Group reiterated a “neutral” rating and set a $515.00 price objective on shares of Hubbell in a research report on Tuesday, June 16th. Finally, Barclays raised their price target on shares of Hubbell from $481.00 to $503.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Hubbell presently has a consensus rating of “Moderate Buy” and an average price target of $554.38.

Hubbell Trading Down 4.2%

Shares of HUBB stock traded down $20.32 during mid-day trading on Wednesday, reaching $463.34. The stock had a trading volume of 113,365 shares, compared to its average volume of 598,338. The firm has a market capitalization of $24.48 billion, a PE ratio of 27.26, a price-to-earnings-growth ratio of 2.49 and a beta of 0.89. The stock’s 50-day moving average price is $489.27 and its two-hundred day moving average price is $497.05. Hubbell has a 52-week low of $403.82 and a 52-week high of $565.50. The company has a current ratio of 1.58, a quick ratio of 0.94 and a debt-to-equity ratio of 0.54.

Hubbell (NYSE:HUBB) last released its earnings results on Tuesday, July 28th. The industrial products company reported $5.52 earnings per share for the quarter, topping analysts’ consensus estimates of $5.39 by $0.13. Hubbell had a net margin of 15.10% and a return on equity of 27.09%. The firm had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the prior year, the firm earned $4.93 EPS. The company’s revenue was up 15.3% compared to the same quarter last year. Hubbell has set its FY 2026 guidance at 20.250-20.550 EPS. Equities analysts expect that Hubbell will post 19.98 earnings per share for the current fiscal year.

Hubbell Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a dividend of $1.42 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 1.2%. Hubbell’s payout ratio is presently 33.55%.

Hubbell News Roundup

Here are the key news stories impacting Hubbell this week:

• Positive Sentiment: Hubbell reported second-quarter adjusted earnings of $5.52 per share, above the $5.39 consensus estimate, while revenue increased 15.3% year over year to $1.71 billion, exceeding expectations of $1.66 billion. Hubbell Reports Second Quarter 2026 Results
• Positive Sentiment: The company raised its fiscal 2026 adjusted EPS outlook to $20.25-$20.55, above the $19.98 analyst consensus, and forecast revenue of $6.8-$6.9 billion versus expectations of $6.6 billion. The outlook includes approximately $0.20 of earnings accretion from the NSI acquisition. Hubbell Raises 2026 Adjusted EPS Outlook
• Positive Sentiment: Management cited continued demand from data-center infrastructure, a favorable trend for Hubbell’s electrical equipment businesses and a potential long-term growth driver. Hubbell Lifts Profit Forecast Amid Data-Center Demand
• Neutral Sentiment: Analysts collectively rate HUBB “Moderate Buy,” suggesting generally favorable sentiment but not strong unanimity among covering firms. Hubbell Receives Moderate Buy Consensus Rating
• Negative Sentiment: Shares came under pressure as investors focused on margin pressures despite the quarterly beat, raising concerns about cost inflation, mix, or the sustainability of profit expansion. Hubbell Shares Fall as Margin Pressures Overshadow Beat
• Negative Sentiment: Unusual options activity saw traders purchase 3,505 put options, roughly 995% above typical volume, indicating elevated near-term hedging or bearish speculation.

Hedge Funds Weigh In On Hubbell

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Jones Financial Companies Lllp raised its position in Hubbell by 171.9% in the 1st quarter. Jones Financial Companies Lllp now owns 2,401 shares of the industrial products company’s stock worth $795,000 after purchasing an additional 1,518 shares during the period. Empowered Funds LLC increased its stake in shares of Hubbell by 18.9% during the first quarter. Empowered Funds LLC now owns 1,233 shares of the industrial products company’s stock valued at $408,000 after buying an additional 196 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of Hubbell by 271.9% during the first quarter. Geneos Wealth Management Inc. now owns 212 shares of the industrial products company’s stock valued at $70,000 after purchasing an additional 155 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Hubbell in the first quarter valued at approximately $599,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Hubbell by 31.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 468 shares of the industrial products company’s stock valued at $191,000 after purchasing an additional 111 shares during the last quarter. Institutional investors own 88.16% of the company’s stock.

Hubbell Company Profile

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.