Hubbell (NYSE:HUBB) Updates FY 2026 Earnings Guidance

Hubbell (NYSE:HUBB) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 19.150-19.850 for the period, compared to the consensus EPS estimate of 19.770. The company issued revenue guidance of $6.3 billion-$6.4 billion, compared to the consensus revenue estimate of $6.3 billion.

Analyst Ratings Changes

Several brokerages recently issued reports on HUBB. Wells Fargo & Company raised their price target on Hubbell from $515.00 to $550.00 and gave the stock an “overweight” rating in a report on Wednesday. Wall Street Zen raised Hubbell from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 31st. Mizuho set a $575.00 target price on Hubbell in a research note on Wednesday. Weiss Ratings restated a “buy (b-)” rating on shares of Hubbell in a research report on Thursday, January 22nd. Finally, Barclays increased their price objective on shares of Hubbell from $465.00 to $481.00 and gave the stock an “equal weight” rating in a report on Wednesday. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $529.75.

Hubbell Price Performance

Shares of Hubbell stock traded down $3.02 on Thursday, hitting $484.14. The company had a trading volume of 61,126 shares, compared to its average volume of 539,673. Hubbell has a 52 week low of $299.42 and a 52 week high of $513.59. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.72 and a quick ratio of 0.85. The company has a market cap of $25.73 billion, a PE ratio of 29.12, a PEG ratio of 2.57 and a beta of 1.02. The business has a 50-day simple moving average of $461.40 and a 200-day simple moving average of $443.85.

Hubbell (NYSE:HUBB) last released its earnings results on Tuesday, February 3rd. The industrial products company reported $4.73 earnings per share for the quarter, topping analysts’ consensus estimates of $4.70 by $0.03. Hubbell had a return on equity of 27.45% and a net margin of 15.29%.The firm had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same period in the prior year, the firm posted $4.10 earnings per share. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. Hubbell has set its FY 2026 guidance at 19.150-19.850 EPS. Research analysts expect that Hubbell will post 17.63 EPS for the current fiscal year.

Hubbell Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be issued a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, February 27th. Hubbell’s payout ratio is presently 35.24%.

Insider Buying and Selling

In other Hubbell news, Director John F. Malloy purchased 435 shares of the business’s stock in a transaction on Monday, November 17th. The stock was bought at an average cost of $429.24 per share, with a total value of $186,719.40. Following the acquisition, the director owned 19,085 shares of the company’s stock, valued at $8,192,045.40. The trade was a 2.33% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.66% of the company’s stock.

Key Headlines Impacting Hubbell

Here are the key news stories impacting Hubbell this week:

• Positive Sentiment: Q4 beat and FY outlook: Hubbell beat Q4 estimates, reported double‑digit revenue growth driven by data‑center and utility demand, and the company is guiding higher sales for 2026 (7%–9%). This is the main driver of today’s upside. Hubbell anticipates 7% to 9% total sales growth in 2026
• Positive Sentiment: Analyst support: Evercore raised its price target to $585 with an “outperform” — a sizable upside signal that likely amplified buying interest. Evercore raises PT
• Positive Sentiment: Structural tailwinds: Management highlighted strong data‑center (AI demand) and grid upgrade/interconnection trends supporting high ROIC (~19%) and healthy FCF margins — a shift toward more recurring, higher‑margin end markets. Hubbell: An Unexpected AI Beneficiary, But Shares Look Fully Valued
• Positive Sentiment: Market reaction: Shares reached a new 12‑month high after the earnings beat, reflecting momentum and renewed investor interest. Hubbell reaches new 12-month high
• Neutral Sentiment: Product/strategy update: Aclara360 (grid‑data software) is being positioned to convert grid telemetry into recurring revenue — promising but early for sizable top‑line recognition. Aclara360 aims to turn grid data into recurring growth
• Neutral Sentiment: Wall‑street mixed views: JPMorgan raised its price target (to $532) but kept a neutral rating — supportive on price target, but not an unequivocal buy signal. JPMorgan raises PT to $532
• Negative Sentiment: Valuation concerns: Commentary from some analysts notes HUBB may already be fully valued after the rally, which could cap upside and prompt some investors to take profits. Shares look fully valued
• Negative Sentiment: Relative performance risk: Reports show HUBB underperformed peers on Wednesday, indicating pockets of weakness or profit‑taking after the post‑earnings run. Stock underperforms competitors

Institutional Trading of Hubbell

Several hedge funds and other institutional investors have recently modified their holdings of the business. Benjamin Edwards Inc. grew its position in Hubbell by 2.0% in the second quarter. Benjamin Edwards Inc. now owns 1,237 shares of the industrial products company’s stock worth $505,000 after acquiring an additional 24 shares in the last quarter. Quest Investment Management LLC grew its holdings in Hubbell by 1.3% during the third quarter. Quest Investment Management LLC now owns 1,895 shares of the industrial products company’s stock valued at $816,000 after purchasing an additional 25 shares during the last quarter. Quarry LP grew its stake in Hubbell by 23.6% in the 3rd quarter. Quarry LP now owns 152 shares of the industrial products company’s stock valued at $65,000 after buying an additional 29 shares during the last quarter. Glenmede Investment Management LP grew its stake in Hubbell by 0.4% in the 3rd quarter. Glenmede Investment Management LP now owns 7,853 shares of the industrial products company’s stock valued at $3,379,000 after buying an additional 31 shares during the last quarter. Finally, Parallel Advisors LLC boosted its holdings in Hubbell by 4.8% during the third quarter. Parallel Advisors LLC now owns 699 shares of the industrial products company’s stock valued at $301,000 after acquiring an additional 32 shares during the period. Institutional investors and hedge funds own 88.16% of the company’s stock.

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.